Tampabay.com
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OCTOBER 19, 2007

Tampa Bay area builder freezing construction

Levitt & Sons, a home builder with a strong presence in Hernando County, among other places, is shutting down construction on its Florida subdivisions. Levitt's best know for its Levittown subdivisions outside of New York City.

It's one of a number of builders that seem to be hurting worse than the industry as a whole. Another is Beazer Homes, which has sold hundreds of houses and town homes in Hillsborough, Pasco and Pinellas counties. Atlanta-based Beazer is heavily indebted and trying to restructure repayments to hold off bankruptcy.

Here's a story with more details  about Levitt. 

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Housing market news is the focus of the (Un)Real Estate blog. It offers an inside look at the Florida housing market and real estate news, with a focus on Tampa Bay. Its goal? Simple: To help you keep a roof over your head without losing your shirt.

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