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Housing rebound comes too late for many smaller builders

Posted on 21 February 2012

A funny thing happened on the way to the housing recovery: The public homebuilders got bigger, and the private construction firms disappeared. Well, not all of them, of course. A significant number, however, have been driven out of business by a perfect storm of economic and financial turmoil.
Now, even as the economy appears to have turned a corner and housing starts are picking up, they are losing their fragile grip on the housing market. The house-building climate is warming up, but the private guys are increasingly being left out in the cold as the biggest players in the industry sop up all the gravy………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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