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Webmaster Forum - Search Engine, Web Design, Web Development, Link Exchange Forum » The Lounge » News » Business News » KB Home sales plunge as housing market worsens (Reuters)

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Old 09-27-2007
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Default KB Home sales plunge as housing market worsens (Reuters)

Reuters - KB Home on Thursday posted a loss on write-downs for land values, and revenue fell 32 percent, reflecting the swelling supply of homes and tighter standards in the mortgage market that kept potential buyers on the sidelines.





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