Keeping in line with yesterday's post, it appears more builders are in trouble with residential development. This article from the Denver Post outlines KB's difficulties and 4th Quarter losses:
http://www.denverpost.com/business/ci_7911586
Last week MetroNorth Newspapers ran an article outlining forclosure rates in the Denver area, in which Adams County Clerk and Recorder Carol Snyder was quoted as saying she doesn't think foreclosures will be under control until 2010. http://www.metronorthnews.com.
Sounds like this is a really bad time for me to have to sell my house. Anybody looking for a 4 bedroom, 3 bath home in Westmnster? $280,000 firm.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment