Homebuilders Liquidate Assets as Threat to Survival Spurs Sales (Bloomberg.com)

Story date: 2007-10-05 05:20:29
Added on: 2007-10-05 06:45:58

Oct. 5 (Bloomberg) -- 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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