http://swamplot.com/another-homebuilder-calling-it-quits/2008-12-04/ Houston, Texas real estate development, home buying, landscape, and design Sat, 31 Jul 2010 14:53:06 +0000 http://wordpress.org/?v=2.6.3 http://swamplot.com/another-homebuilder-calling-it-quits/2008-12-04/#comment-13640 subprimelandguy Thu, 04 Dec 2008 20:37:38 +0000 http://swamplot.com/?p=4393#comment-13640 This is a sad statement about the current condition of the housing market. Don't expect to hear any of the drama, rumors, and innuendo that was posted after Royce Homes' demise. From the corporate office in Chicago on down, Kimball Hill was run by good honest people trying to do the right thing. They have handled this situation as honorably as possible - all of the laid off employees have been given pretty significant serverence packages, at least relative to what most produciton home builders typically offer. This is a sad statement about the current condition of the housing market. Don’t expect to hear any of the drama, rumors, and innuendo that was posted after Royce Homes’ demise. From the corporate office in Chicago on down, Kimball Hill was run by good honest people trying to do the right thing. They have handled this situation as honorably as possible - all of the laid off employees have been given pretty significant serverence packages, at least relative to what most produciton home builders typically offer.

]]>