Archive for January 7th, 2008

Slow market leads to major sale of lots in Chicago

The slowing housing market in the Chicago region has already claimed many victims, including developers who have gone bankrupt and homeowners facing foreclosure.
Orleans Homebuilders Inc, a Pennsylvania-based company, has decided to sell 480 lots in the Chicago area as a result of the slowing regional market.  Sales in the Chicago region were down nearly 25 […]