Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (259007)	9/4/2003 10:06:23 PM
From: Beachside Bill	Read Replies (2) \| Respond to of 436258

Yes. U.S. is hurting...but don't fight the FED, ALAN keeps telling you houses are not expensive and they will say it again. Fed had been pushing the only real growth sector for a couple of years. They know with an aging population that immigration that we can still affort makes the home boys cheap. I remember over 2 decades ago an existing home would spend about 2 years before being sold. A decade later it took about a year. Have a decade ago it was 6-8 months and today...existing homme inventory has been between 3-5 month before sale. Geez. less than in a month in my city. The point being is that this is a very long term cycle and the hombuilders do not spec like in the 90;s. From the CC's that I have listended to only about 5% spec and that includeds the models. Different enironment with no supply.