Wednesday, August 09, 2006

OC Register - "Builders walk on land deals" (8-9-06)

"Builder profits previously were dulled by the cost of prospective buyers walking away from deals. Now it's the builders themselves axing contracts and denting profits. Recent profit snapshots from several publicly owned homebuilders from across the nation describe steep costs incurred for choosing not to build on properties that they signed up to develop. Here's a handful ..."

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