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The Company is focused on residential and commercial construction and related activities, including mortgage financing. Its subsidiary companies operated in three principal business segments: Home Building, Financial Services and Construction Services.
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MarketBottom (27.97) Submitted: 6/13/08 1:31 PM : Start Price: $18.78 CTX Score: 9.72
The present breed of homebuilder will be totally lost in this market. They would need to build homes that actually might appreciate in the future and sell them to people that can make a resonable down payment. Most will elect to file bankrupcy over the next few years.
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