Monday, January 28, 2008

LDI Capital

Sales of New Homes Plunge
by Martin Crutsinger, AP Economics Writer January 28, 2008
WASHINGTON - Sales of new homes plunged by a record amount in 2007 while prices posted the weakest showing in 16 years, demonstrating the troubles builders are facing with a huge backlog of unsold homes.

Developer Deals with Home Construction Slowdown
by Jim Zarroli Thursday, September 7, 2007
The construction industry was one of the hardest-hit sectors in a Labor Department report released Friday.

National Spotlight! News Flash Regarding Home Building and Mortgage Loan Woes!!!
by Matthew Wood Thursday, September 7, 2007

Chances are if you have been watching the Evening News lately or reading the Newspapers, you have seen the recent headlines Blasted throughout the United States on the Mess the National Home Builders are in and the Mortgage Companies that have been funding their loans.

Anxious Builders Pile on Incentives
by Jeff D. Opdyke Thursday, August 16, 2007
provided by: The Wall Street Journal
Perks, Price Cuts Become More Lavish As Developers GrowIncreasingly Desperate; Would You Like a Pool With That?