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


To: Travis_Bickle who wrote (51478)4/5/2006 5:23:51 PM
From: ChanceIsRespond to of 306849
 
>>>Cancellation rates rose to 28 percent compared with 12 percent the prior year.<<

Thank you so much for posting that. DSL was behaving as it should today, but TOL was acting insolently ebullient. That news should smack it back down where it belongs. I might sell some more April $35 calls on it tomorrow (naked of course).



To: Travis_Bickle who wrote (51478)4/5/2006 7:19:59 PM
From: orkriousRead Replies (1) | Respond to of 306849
 
Homebuilder Brookfield Homes Corp (BHS.N: Quote, Profile, Research) on Wednesday said net orders for the first quarter fell to 227 units from 517 units a year ago...apparently WLS also shat the bed.


I hope the market cares tomorrow



To: Travis_Bickle who wrote (51478)4/5/2006 8:02:39 PM
From: CalculatedRiskRespond to of 306849
 
Wow! They cut their forecast a little in just a few months ...

"In January 2006, the company forecasted 3,125 home and bulk lot closings for 2006. With the current San Diego/Riverside and Washington D.C. market conditions, it will be mid-summer 2006 when a better assessment of the 2006 home closings will be made. The company continues to anticipate bulk lot sale closings of 1,500 units during 2006, of which 386 units have been closed to date ..."

biz.yahoo.com