Closed builder finds no haven from downturn

Haven Properties Inc. , which built homes in Tributary in Douglasville and elsewhere, has closed its doors, said Tori Ewing, former vice president of corporate communications for the Alpharetta-based home builder.

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Haven Properties is the latest in a series of home builders closing or leaving the market, including Robert Harris Homes Inc. and Choice Homes Inc.

Steve Garza, vice president and chief financial officer of Choice Homes, said a wave of home builders closing their doors here “is just getting ready to occur. I think you’ll really see it in the next three to six months.”

Garza thinks “it will be years before [the housing market in] Atlanta turns around.”

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Even those still in business are struggling.

Brayson Homes Inc. in Suwanee, once a top 10 builder in metro Atlanta, is currently “in negotiations with our construction lender to complete our homes,” said the chief financial officer for family-owned Brayson Homes, who asked that his name not be used.