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03/31/07
3 builders bet on Valley housing turnaround
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:15 pm

Three opportunistic home builders are jumping into metro Phoenix’s new-home market, undeterred by the glut of unsold houses and high prices left over from the housing boom. Newcomers Mattamy Homes of Canada, John Laing Homes of California and Orleans Homebuilders of Pennsylvania say that now is the right time to stake their claim in one of the most competitive housing markets in the country. They’re grabbing cast-off land at bargain prices from the established players and picking up executive talent with years of experience at local companies.  More…

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