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  • Homebuilders: Scant Good News [Housing Tracker] [View article]
    Hi Judy,

    Excellent compilation, and thanks for including the story about Carson City land. The state capital was swept up in the boom as well, and now land has gone begging for buyers.

    The owner of the property you mentioned also has huge land exposure in the Central Valley of California, from Sacramento to Bakersfield. Some of the subsidiaries have experienced foreclosures on land purchased in 2004 and 2005. The holding company also has exposure in the Northern NV market.

    Excellent reporting as usual. Thanks!
    Jul 24 11:21 am |Rating: 0 0
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