**Home Builders Opt for Mothballing **
*Word Count: 1,160 | Companies Featured in This Article: Lennar, Hovnanian Enterprises, Standard Pacific, Toll Brothers, Barclays *
As the glut of unsold home remains stubbornly high and housing demand slides, home builders face a dilemma: to sell, or not to sell?
Lennar Corp., for one, has joined the “not to sell” camp at its development in Orange County, Calif. The Miami company plans to finish building 259 homes – the first phase of a 1,100-unit development in Irvine – but it has decided not to sell any of them until the constrained mortgage market and swollen housing inventory improves.