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


To: John Vosilla who wrote (51682)4/8/2006 5:31:04 PM
From: TheStockFairyRead Replies (2) | Respond to of 306849
 
I went to a new development for KBH home in Inverness, IL this morning. Base price was the $700,000s. I was the only one in there for an hour. The sales person was pretty darn pushy also, I think she would have driven us home and then walked back to her model if we asked her to.

KBH sucked compared to Toll, their designs blew.



To: John Vosilla who wrote (51682)4/8/2006 7:38:08 PM
From: bentwayRespond to of 306849
 
I'm not shorting and holding, I'm shorting through a fund that shorts RE based on my belief that RE will be going down for a while. It hasn't made me any money yet, but I'm confident it will, starting sometime this year.

Shorting is a lot of work, and I'm a lazy guy! Plonking some cash down on long investments is much less labor intesive.