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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (57729)7/14/2006 12:49:50 PM
From: Think4YourselfRead Replies (1) of 306849
 
Just finished doing a little research on CTX. Besides having the debt/cash issues they have a major presence in every bubble market:

14 subs in Las Vegas
24 subs in Phoenix
8 subs in San Diego
14 open in San Francisco
Dozens more in California
8 in Seattle
About 120 subdivisions all over Florida

Their web site also has numerous "coming soon!" subdivisions in these bubble markets, so they are expanding into a sinking market.

Just found a home for the rest of my cash as these guys are going to get CREAMED!
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