South Lyon Michigan Home Buying

Hopefully an informative blog about home buying in and around South Lyon. Including Whitmore Lake, Hamburg, Pinckney, Brighton, and Milford.

Tuesday, November 27, 2007

Another national builder is leaving Michigan

Ryan Building, a builder who had two subdivisions in process in Lyon Township is leaving the state.

The link above is from the Detroit News and it has details.

Lyon Ridge and The Heights at Elkow Farms will probably remain partially developed for many years.

More than ever buyers of new construction need to look at the financial stability of the builder they are considering working with. In this case the builders stock value lost about 50% in the last couple years.