“Centex, KB Home, K. Hovnanian, William Lyon, Richmond American, Pulte – all have closed local offices, and pretty much every other builder has reduced staff,” said real estate analyst Peter Dennehy.”
No mention of Pardee or Lennar in the article, but they have to be in dire straights.
Pardee had a full page ad on Page A12 announcing Bridle Ridge “From the low 900’s” in todays paper. I can’t see anyone paying this, or Derby Hill at 1.2.
