December 31, 2007

M/I Homes sells land, exits a Florida market (Reuters)

A worker takes a measurement on a new house under construction in the Green Valley Ranch development in Denver, Colorado July 26, 2007. (Rick Wilking/Reuters)Reuters – Single-family home builder M/I Homes
Inc. said on Monday it has sold some Florida land to
reduce debt, and is exiting the West Palm Beach market in that
state, sending shares up 3 percent in early trading.

Tags: Real Estate Blog, Real Estate Business
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