A homebuilder who has several developments in Houston has gone under.
Kimball Hill Homes announced it's filing for bankruptcy.
"We deeply regret the necessity of today's decision, but given the current housing and financial market conditions we are simply unable to conduct normal operations while the Company continues its sale efforts," said Ken Love, Chief Executive Officer.
The company's website shows that Kimball Homes has developments throught the Houston burbs, mostly on the west and northwest side outside Highway 6.
Fox 26 talked to homeowners worried about empty lots next to their newly built homes. They're not too happy.
We Believe Local Journalism is Critical to the Life of a City
Engaging with our readers is essential to the mission of the Houston Press. Make a financial contribution or sign up for a newsletter, and help us keep telling Houston’s stories with no paywalls.
Support Our Journalism
The Chicago-based company also builds homes nationwide, including Dallas/Fort Worth, Austin and San Antonio.
For what it's worth, Kimball Homes has set up a hotline for homeowners with questions. Call 1-877-631-3923 if you dare; we got a busy signal.
-- Richard Connelly