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Housing plunge tests survival skills

Article Abstract:

Builders in southeast Michigan are cutting costs to survive the downturn in the housing industry. The resulting employee layoffs has increased unemployment in the state to 7.2%, while housing starts have dropped to 1,500 as of the first quarter of 2007.

Author: Hardcastle, Meagan
Publisher: Law Bulletin Publishing Company
Publication Name: Midwest Real Estate News
Subject: Real estate industry
ISSN: 0893-2719
Year: 2007
Residential Buildings, Residential Building Construction, Michigan, Other Activities Related to Real Estate, REAL ESTATE, Real Estate Services, Residential construction, Real estate industry, House construction

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Condo builder not fazed by housing slowdown

Article Abstract:

Bor-Son Construction is confident that the slowdown in the housing market will not affect their condominium construction business. The company has been largely responsible for the increase in condominium buildings in downtown Minneapolis, Minnesota.

Author: Jacobson, Don
Publisher: Law Bulletin Publishing Company
Publication Name: Midwest Real Estate News
Subject: Real estate industry
ISSN: 0893-2719
Year: 2007
Condominiums, Bor-Son Construction Inc.

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Walton spreads out into southern markets

Article Abstract:

Walton Construction Co. is expanding operations from its traditional area of operations in the Midwest into markets south of it. It opened new locations in Dallas, Texas, New Orleans, Louisiana, and Pensacola, Florida.

Author: Thompson, Dennis
Publisher: Law Bulletin Publishing Company
Publication Name: Midwest Real Estate News
Subject: Real estate industry
ISSN: 0893-2719
Year: 2007
Organizational history, Location, Walton Construction Company Inc.

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Subjects list: Construction industry, Economic aspects, United States
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