Centex Cut Home Prices 15-20 Percent (AP via Yahoo! Finance)

Story date: 2007-10-24 02:47:47
Added on: 2007-10-24 22:00:20

Centex Corp. cut prices on many of its homes and offered more traditional mortgages this summer, executives say, but that wasn't enough to stave off a sharp drop in sales, and the big homebuilder posted a huge quarterly loss.


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