Lenar Corporation Still Showing Profit Lennar homes has shown 6 straight months of profit. Wow a home builder that is profitable. Even though Lennar increased the average price of a home they still reported a 31% drop in profit. The offset for the increase price was the slower than expected sal
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10/02/2011
Standard Pacific's CEO Ken Campbell resigns Standard Pacific's CEO Ken Campbell resigns his position as of January. The current President Scott Stowell will become the Orange County, Irvine based homebuilder's new CEO. MatlinPatterson injected a half-billion dollars into the firm and saved it
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10/02/2011
1/4 Of The Homes In Orange County Are Mortgage Free If you were wondering how Orange County will fair in the mortgage melt down that has and is occuring. We will survive quite well. Remember that one in four homes in Orange County is without a mortgage. It is owned outright. (according to the
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10/02/2011