C.P. Morgan Communities

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Builder 100: A Horrid 2008 Behind Them, Few Builders Are Making Dramatic Changes

The hard times that began in 2006 for the housing industry dragged on through 2008. That was especially true for those companies that compose our Builder 100, whose market share of total closings fell last year to 38.7 percent from 41.2 percent in 2007. More

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C.P. Morgan To Shut Down Operations

The Indianapolis-based builder of entry level homes closes its doors after 26 years. More

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With the Threat of a Continued Downturn, Builders are Faced with No-Win Propositions

With the threat of a continued downturn, builders are faced with no-win propositions. More

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C.P. Morgan CEO departs to start foreclosure management business

Tom Eggleston contracts with the Benham REO Group for commercial rights to handle and remarket lender-owned properties in six states. More

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Distressed Resales Turn Home Pricing into a Free for All

The cascade of foreclosures puts a new spin on pricing and selling houses. More

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Private builders face multiple threats in coming months

C.P. Morgan's CEO sees forces colliding in negative ways that could crush many companies. More

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Do the Math

When C.P. Morgan Communities chose Charlotte, N.C., as its first expansion market, in 2004, it selected it from 25 cities the builder had analyzed along seven statistical categories and 25 subcategories. Since entering Charlotte, the builder has broken down that metropolis into 20 submarkets and reapplied its analytical model to each with an eye toward spotting demographic and growth trends and developing a price curve for its products. More

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The X Factor

It took C.P. Morgan Communities 18 months of research before it chose Charlotte,... More

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Top C.P. Morgan Execs Exit

Two senior management executives of top 20 private builder, Indianapolis-based C.P. Morgan Communities, will leave the company next month, as owner/CEO Charles P. Morgan resumes a greater operating role in the company. More

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