Calling recent market conditions "just plain rotten," the chairman and chief executive officer of Orleans Homebuilders Inc., of Bensalem, told analysts and investors today that he was confident business would improve, but not sure when.

Calling recent market conditions "just plain rotten," the chairman and chief executive officer of Orleans Homebuilders Inc., of Bensalem, told analysts and investors today that he was confident business would improve, but not sure when.