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Thread: Big home builder closes doors in SAN DIEGO

  1. #1
    riverroyal
    late breaking news,my wife just called,has some close freinds out of work now.The company was purchased by a saudi owner months back,he said no changes would happen,oh sure.Gonna be a long year in home building world.(changed the title) :rollside:

  2. #2
    USCFAN
    So who is the builder? Or is this going to be one of those secrets?

  3. #3
    riverroyal
    So who is the builder? Or is this going to be one of those secrets?
    john laing,they still have a office in OC,put ALOT of people were let go today

  4. #4
    YeLLowBoaT
    would not be KB homes would it???
    the owner just got nailed for 13 mil for changing dates on stock options.

  5. #5
    phebus
    So who is the builder? Or is this going to be one of those secrets?
    Yeah, give it up Keith, errrrrrrr, I mean Steve

  6. #6
    riverroyal
    Hey Douche bag, don't lead us on like this, who is it and did it affect your wife???
    my wife is safe,she is at shea,although VERY nervous.

  7. #7
    phebus
    Does this mean that there is a slow down in the housing market? :idea:

  8. #8
    USCFAN
    Their website still works.... Are they completey out of business or just cutting back?

  9. #9
    riverroyal
    Does this mean that there is a slow down in the housing market? :idea:
    whats funny is prices went up 9000 in san diego,and inventory went down 3% last month.I think this closing could be more related to new owners,plus being slow

  10. #10
    riverroyal
    Their website still works.... Are they completey out of business or just cutting back?
    but it sounds as if they may not build here anymore.Just san diego office,the company is huge

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