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Central Ohio’s largest home builder announced on Friday losses in the 4th quarter and for all of 2007.  M/I homes is one of  the nation’s largest home builders.  M/I builds a quality a home and is a well managed company.  But, even the best, well- run, new home builders were not immune to the recent real estate market crisis.  M/I Homes has been in business for 30+ years and I’m sure they will be in business for another 30+ years. 

HomeBuyer Advocate Mike

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Another builder is leaving the central Ohio market.  Beazer announced on Friday, February 1st that they will stop building new homes in the Columbus, Ohio market.  New home builders have really been affected by the real estate slow down.  Beazer is the second major new home builder to pull out of our market in the last year.  Last Summer, Centex homes stopped building in our area. 

HomeBuyer Advocate Mike

 

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