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: ChanceIs who wrote (84188)	8/9/2007 12:32:06 PM
From: MulhollandDrive	Read Replies (1) of 306849

The company thinking, he said, is that it does not want to sell homes at a lower rate than they are inherently worth. Meanwhile, it will try to ride out the nationwide slowdown in housing sales, caused largely by disruptions in the mortgage industry, by cutting costs. selling homes at a lower 'rate?' wtf? i thought that the demand side was the mechanism that set the selling price is toll saying they are going to stop building houses until the buyers decide to agree with toll's higher 'rate'? houses are 'inherently worth' what the market says they are worth right now... ain't so much

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