The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (57700)	7/13/2006 10:57:42 PM
From: Think4Yourself	Read Replies (1) of 306849

You have a good point about the feds for next year. I think it's too early for their hand to be forced right now. The homebuilders are still making money at the moment but that will probably change next quarter. The inventory levels coupled with cash position means KBH will be discounting very heavily going forward, VERY heavily. Home prices where they operate are going to start dropping like a rock real soon. Regarding DHI, if things are this bad for a company with good management, just think how bad it must be for the others! Glad I'm not Bernanke. Unless he can pull a rabbit out of his hat his place in history won't be flattering. Things are going to get real ugly for this economy next year. In the last few days I have come to the realization that the entire economy is going to take a massive hit. Consumer spending is going to drop off a cliff as foreclosures and unemployment skyrocket while home equity drops substantially.

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