Monday, February 11, 2008

Tom's Favorite Homebuilder has Familial Problems

by Ken Houghton

Barry Rithholtz relays a story that must send shivers down NAR spines:
The daughter of Vice Chairman and co-founder Bruce Toll informed the company last month that she and her husband "did not intend to make settlement" on a $2.47 million home they had previously agreed to purchase, the company said in a regulatory filing.

Metropolitan Opera Broadcast buffs, such as the proprietor of this blog, can start worrying now.

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