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November 13, 2007

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Anaheim H.O.M.E.

If Republican Denis Fitzgerald is elected to the AUHSD school board, the 5,000 pro-immigration who signed the petition to remove Harald Martin will wish that they had never signed the petition.

Hanna

Home Builders Opt for Mothballing
- WSJ

http://online.wsj.com/article_print/SB119492391355890969.html

As the glut of unsold home remains stubbornly high and housing demand slides, home builders face a dilemma: to sell, or not to sell?

Lennar Corp., for one, has joined the "not to sell" camp at its development in Orange County, Calif. The Miami company plans to finish building 259 homes -- the first phase of a 1,100-unit development in Irvine -- but it has decided not to sell any of them until the constrained mortgage market and swollen housing inventory improves.

Mr. Haddad says Lennar will monitor the Orange County market on a monthly basis, but "this might be put on hold for the whole year of 2008." Lennar also is halting development of a large community planned near Angel Stadium of Anaheim, despite preparing the land to support the project.

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