As the residential market continues to face the double-whammy of foreclosures and overstock of new homes, things are looking bleaker for the homebuilders. While many are slashing prices and dumping houses at drastically reduced rates, one homebuilder has decided to leave the Colorado market entirely. Beazer Homes, which owns Sanford Homes, has built developments in many of the Denver suburbs. But no more. Their love affair with Colorado's formerly open farm fields is over.
Here's the Rocky Mountain News article about it.
http://www.rockymountainnews.com/news/2008/jun/03/beazer-homes-pulling-out-of-state/
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