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| Topic: |
Social Issues
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| Number of pages / Number of words: |
17 / 4726 |
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It became a public company in 1969. As recent as March 2007, Centex sold its commercial construction operations to a British company, maintaining its concentration in the residential construction industry.
Overview of the current state of the industry (market structure, competition)
The state of the overall housing industry continues to be gloomy...
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The foreclosure crisis has resulted in a surge in the housing inventory, and the situation is further exacerbated by slower than average sales. Widner and Brendler, analysts with Stifel, Nicolaus & Co., predicted that new home sales and housing starts will experience another 10 percent to 20 percent fall, and are likely to remain at that level for three to five years...
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