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


To: Beachside Bill who wrote (58749)8/1/2006 5:46:39 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
I don't know of a major builder that has had a yearly loss over the last 40 years after charges

Pass the bong



To: Beachside Bill who wrote (58749)8/1/2006 5:52:20 PM
From: J. P.Read Replies (3) | Respond to of 306849
 
I would agree that with the selloff in the homies, that they're not really a great long or short trade right now. And I wouldn't call them dumb either, they've made extreme crazy money and they just have to clean up the overhang and contract with the market until a better environment develops. But I'll bet the small time home builders and speculators may not fare so well.



To: Beachside Bill who wrote (58749)8/1/2006 8:18:19 PM
From: ChanceIsRead Replies (2) | Respond to of 306849
 
>>>The problem is the margins are not really falling...<<<

Gee whiz. Weren't JOE's earnings down about 50%, but its margins weren't falling.

Materials up - don't forget incentives to sell - free marble countertops.

Labor flat to up.

Land prices up...well they may be dropping soon enough.

Interim borrowing costs up.

Prices flat to declining.

In which way are margins headed???

What is going to turn this locomotive around?? Its been crashing for a year.