Who's To Blame?

As I pointed out yesterday, Brass Brick Homes filed for bankruptcy protection earlier this week.  Now it appears they’re playing the blame game, pointing the finger at their banks. This situation is far from ideal, and there are more than a few people hurt by it, but is it any surprise that the banks aren’t […]

Another Big Player Down & Out

Back in October, our new home market got a bit shaken up when a couple of the bigger builders hit a wall, mostly due to freezes in their credit lines. Bridgeport Development (parent company of Newhaven Homes, Livingston Meyer Homes, and Brookside Homes) and Brass Brick Homes both brought their projects to a halt, and […]