Debt load, unsold inventories may doom some home builders (The Tennessean)
Story date: 2007-10-08 02:23:28
Added on: 2007-10-08 08:59:46
NEW YORK — When D.R. Horton Inc., the second-biggest U.S. homebuilder, couldn't sell the one-bedroom condominium in San Diego it listed for $349,800, the property was auctioned as a last resort for 37 percent less.
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