Saturday, August 26, 2006

Investors Return to Haunt Florida Builders (link)

Builders in Florida who grew accustomed during the industry's recent boom times to selling out their developments even before a shovel went into the ground are noticing a stark shift in the marketplace and could find themselves in trouble if they don't take steps to manage investors who are nearing closing day with neither the intention nor the means to close on those sales.  ...

Link: News : Business News : Investors Coming Back to Haunt Florida Builders : HGTVPro.com

From HGTVPro e-newsletter (Reprinted from NAHB Nation's Building News,
August 21, 2006 issue)

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