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Shadows: Homebuilders say pending foreclosures harming housing recovery (access required)

In the 
Shadows: Homebuilders say pending foreclosures harming housing recovery (access required)

Alan Banks looks back at 2006 fondly. A principal at Evans Coghill Homes in Charlotte, Banks said the company’s business has been nearly cut in half since a peak in 2006, when it built about 25 homes. This year, ECH plans to build only 13 homes with an average price of $400,000, which is about $120,000 less ...

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