Housing Giants - December 10, 2008 - (Page 11) mattamy courts Larger sHare of u.s. Housing market NaHB Ceo turNs to CoNgress NAHB CEO Jerry Howard Listen went on MarketWatch radio to appeal to congress to solve the housing crisis. Listen as Howard gives suggestions for the next stimulus package, including a tax credit similar to that in the 1970s. C.P. MorgaN exits Market Indianapolis-based C.P. Morgan is pulling out of the Peidmont Triad market in North Carolina, reports The Business Journal of the Greater Triad Area. The Peidmont Triad is the Greensboro, Winston-Salem and High Point area of North Carolina. The 25 homes still under construction in the area will be completed. Mattamy Homes, the Oakville, Ontario-based juggernaut of Canadian home building icon Peter Gilgan, is buying land in troubled U.S. housing markets, flexing its muscle with a bold move to expand market share while land prices are depressed and backed by the firm’s successes in Canada, where the housing market had been relatively unscathed until the past few months. Steve Parker, once part of the management team that took Morrison Homes from 1,000 closings a year to 5,000 in less than six years during the 1990s, is now president of Winter Park, Fla.-based Mattamy Homes USA. The firm checked in at No. 117 in Professional Builder’s Giant 400 Rankings. And Parker and vice president of sales and marketing Laura Bailey have set a goal to match Morrison’s past success by pushing Mattamy to 5,000 U.S. closings a year within the next five years. It’s no idle threat. Mattamy is looking Continued on page 12 Mortgages rates Fall The news buyers like to hear: mortgage rates are dropping. At the end of November, mortgage rates were 5.81 percent. The news clip from KGET-TV Bakersfield has the details. Watch the first video in the loop. Watch Video www.Housinggiants.com 12.10.08.Housing giants 11 http://www.mattamyhomes.com http://www.mattamyhomes.com http://www.marketwatch.com/tvradio/player.asp?guid=%7B6b788104-6f28-41ac-8a37-4f45c5822dfa%7D http://www.marketwatch.com/tvradio/player.asp?guid=%7B6b788104-6f28-41ac-8a37-4f45c5822dfa%7D http://www.marketwatch.com/tvradio/player.asp?guid=%7B6b788104-6f28-41ac-8a37-4f45c5822dfa%7D http://www.marketwatch.com/tvradio/player.asp?guid=%7B6b788104-6f28-41ac-8a37-4f45c5822dfa%7D http://www.morrisonhomes.com http://www.morrisonhomes.com http://www.morrisonhomes.com http://www.morrisonhomes.com http://www.housingzone.com/probuilder/info/ca6398092.html http://www.housingzone.com/probuilder/info/ca6398092.html http://www.bizjournals.com/triad/stories/2008/11/24/daily2.html http://www.bizjournals.com/triad/stories/2008/11/24/daily2.html http://www.clipsyndicate.com/video/playlist/1602/762042?title=Real Estate http://www.clipsyndicate.com/video/playlist/1602/762042?title=Real+Estate http://www.clipsyndicate.com/video/playlist/1602/762042?title=Real Estate http://www.clipsyndicate.com/video/playlist/1602/762042?title=Real+Estate http://www.housinggiants.com http://www.www.Housingg http://www.iants.com
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