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01/26/07
Better days are forecast, but at a cost
Filed under: General, Real Estate
Posted by: Lillian Wong @ 6:13 pm

Metropolitan Phoenix’s ailing home-building business got a prescription for a return to health Thursday, but some of the medicine may be hard to swallow. Analysts RL Brown and Greg Burger told a crowd of about 1,300 housing and development professionals at the Desert Ridge Marriott that Phoenix’s new-home market will get better after this year. But that is expected to happen only if builders get serious about such things as reducing speculative-home inventory and prices and making a bigger commitment to service.  More…

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