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U.S. housing recovery brings private builders to IPO market

Posted on 31 January 2013

Privately owned U.S. homebuilders are seizing on a housing supply crunch to tap the stock market as more Americans, buoyed by an improving economy, seek to buy their first home or move into bigger premises.
Tri Pointe Homes LLC and Taylor Morrison Home Corp, based in regions among those worst hit by a housing market slump, will soon become the first U.S. homebuilders in about 10 years to go public………………………………………..Full Article: Source


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