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Mortgage News for Saturday - February 1, 2003

More Mortgage News
• Lumber Tariff Blues
• Seiders Economy: Remarkable Performance
• Be Sales Wise
• Lone Star Buy
Mortgage News
Be Sales Wise - 2003-02-01
Greg Benson, president of Comstock Homes in Reston, Va., still remembers how tedious data gathering used to be.

Brian Davidson, vice president of finance and operation for Van Metre Homes, a 320-unit-per-year builder in Burke, Va., with $160 million in sales, says since BeHomeWise gives him more detailed information on his customers in this environment of low mortgage rates.
Read the full story at Builder Online
 
Lone Star Buy - 2003-02-01
Hovnanian Enterprises has acquired another Texas builder for its portfolio. In January, the New Jersey-based public builder bought Brighton Homes, a Houston company that closed 750 homes between November 2001 and October 2002.

The buy boosts Hovnanian's presence to number seven in Houston, a market it entered in November 2002 with the acquisition of Parkside Homes.
Read the full story at Builder Online
 






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