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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: SpongeBrain who wrote (2010)3/3/2002 10:26:56 AM
From: SouthFloridaGuyRespond to of 306849
 
Nah, I like my version better. Forgot to add New Zealand to the mix by the way.



To: SpongeBrain who wrote (2010)3/6/2002 6:26:31 PM
From: SpongeBrainRespond to of 306849
 
Home Builder Stocks trading at 8x earnings = CHEAP!

businessweek.com

Wall Street has long been skeptical of what could happen when the housing boom slows. The publicly traded builders trade on average at just eight times their projected 2002 earnings--about the level where they've been for the past three years. That's just a fraction of the 20 times projected 2002 earnings that Standard & Poor's 500 companies trade for.