Homebuilders Hoping Size Doesn’t Matter

By ANDREW JEFFERY This post first appeared on Minyanville. After nearly 3 years of bleeding cash, US homebuilders are on shaky ground. The market for new homes is being decimated by rampant overbuilding during the boom, and by the flood of bank-owned properties now being sold on the cheap. Prices remain in free fall. Even [...]

March 30, 2009 | Comments »