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

To: TheStockFairy who wrote (5251)9/12/2002 11:43:44 AM
From: MulhollandDriveRespond to of 306849
 
normally when you see a surge in home buying and refinance you see an uptick in sales of durable goods and home furnishings.

the recent rash of re-fi's could produce higher sales or the cash could have been used to pay off existing debt.

your guess is as good as to which retail co's will suffer or prosper in this environment.



To: TheStockFairy who wrote (5251)9/12/2002 12:46:40 PM
From: bozwoodRead Replies (1) | Respond to of 306849
 
Today:

Furniture Brands International (NYSE:FBN - News) on Thursday lowered its third-quarter profit outlook due to weak demand for its high-end home furnishings, sending its stock down nearly 8 percent.


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