Sales of new construction homes are stalled due to Hurricane Sandy, but the weather shouldn’t have a lasting effect on the homebuilding business, leaders in the construction industry told the Wall Street Journal today. “It’s logistically a bit of a challenge to settle homes right now,” Martin Connor, chief financial officer of Toll Brothers, the nation’s largest homebuilder, told the Journal. “The homes are done, but you’re dependent on the mortgage company, the insurance company, [more]
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