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To: marginmike who wrote (50278)8/15/2002 11:41:56 PM
From: jjstingray  Read Replies (1) | Respond to of 209892
 
MM, it is just a matter of time before the housing sector gets whacked. There are so many developers out here in San Diego that have committed to huge 12 phase tract home developments. They are only in the 2nd and 3rd phases and already they are having to give massive discounts, rebates and upgrade credits. There are so many people building that it is going to end very badly for those buying houses here at the top.



To: marginmike who wrote (50278)8/16/2002 12:17:43 AM
From: EaglePutt  Read Replies (1) | Respond to of 209892
 
Tommorow we may get a glimpse of that crack in the armour at 8:30. The bounce of the housing stocks in the last 2 weeks has been impressive to say the least. Sure would love reaper's view on the numbers when they come out.