Developer Risk: SB 800 Corner

All of the elements have come together to create an environment that would be conducive to increased Construction Defect Litigation.  Many homeowners have very low equity left in their homes.  Customer service departments have been cut or eliminated altogether in the past 4 years.  However, there don’t appear to be huge increases in CD litigation.  Why? Is SB 800 really working that well?  Or could construction defect litigation be making a major comeback? http://www.bloomberg.com/news/2011-02-10/homebuilder-shares-undermined-by-creeping-costs-of-construction-boom-flaws.html

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