U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > House
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 08-05-2008, 07:26 PM
 
Location: Johns Creek, GA
16,715 posts, read 61,612,575 times
Reputation: 21899

Advertisements

WCI Files Chapter 11 - Debt - Builder Magazine
Rate this post positively Reply With Quote Quick reply to this message

 
Old 08-05-2008, 09:27 PM
 
Location: Houston, Texas
10,447 posts, read 48,278,119 times
Reputation: 10599
They sure ain't the first. Several large builders have beaten them to it already. And make no mistake about it....there are several more to come before this depression is over with.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 08-05-2008, 11:24 PM
 
Location: San Antonio, Texas
3,496 posts, read 19,202,946 times
Reputation: 2744
I saw today that DR Horton lost like 33 million dollars last year. I didn't get all the details but it's the second year for a loss for them. They are a big builder in Texas, I don't know about the rest of the country. I guess we really are in a depression, as much as our fearless leaders refuse to say so.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 08-06-2008, 04:01 PM
 
410 posts, read 1,622,580 times
Reputation: 101
Another builder in NC closed the doors-Pierce Builders.
A great site to watch is the Implode O meter site. Brilliant , young kid started it, builders ,bankers, mortgage com. and more. I go through it several times a day and in fact when one builder closed up in my city a little while back leaving some homeowners holding the bag the Implode site had that builder closing before anyone knew it here.
He and his buds keep on top of things.
He was offered some bucks from a buyer for that site. Sure hope he does not sell.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > House
Similar Threads

All times are GMT -6.

© 2005-2023, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top