House Market burst in Denver (ZT)# Living
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reviewjournal.com/lvrj_home/2004/Oct-05-Tue-2004/news/24917895.html
Decline in demand prompts move by Pulte Homes, angering investor
By DAVE BERNS
REVIEW-JOURNAL
The region's second largest home builder, Pulte Homes, has cut its new home
prices by 5 percent to 25 percent in recent days, reversing a trend of
ballooning home prices and leaving at least one Denver-based real estate
investor threatening legal action.
Pulte executives announced the cuts to counter a dramatic decline in foot
traffic,
Decline in demand prompts move by Pulte Homes, angering investor
By DAVE BERNS
REVIEW-JOURNAL
The region's second largest home builder, Pulte Homes, has cut its new home
prices by 5 percent to 25 percent in recent days, reversing a trend of
ballooning home prices and leaving at least one Denver-based real estate
investor threatening legal action.
Pulte executives announced the cuts to counter a dramatic decline in foot
traffic,