ATLANTA-Beazer Homes USA Inc. has reported that it posted a lossof $27.8 million in the third fiscal quarter. This was mainlyattributed due to the expiration of the federal tax credit, whichmade people rush but later hold back on their purchases.


The firm had posted a loss of $28 million for the same periodthe previous year. New orders at the firm have fallen by 30% tojust 1,037 homes. For the full story, go to The San Diego Union Tribune.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.