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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (57717)	10/6/2006 7:18:53 PM
From: mishedlo	Read Replies (3) \| Respond to of 116555

Posted by the Ocean County Observer on 09/13/06 "Now that the long anticipated correction in the real estate market has occurred, both home builders and buyers are discovering opportunities created by the market shift. Zudi Karagjozi, president of Kara Homes, reported that the recent market slowdown has inspired valuable new incentives for home buyers while giving builders the chance to become more efficient. "At Kara Homes, we've just completed the two most profitable quarters in the history of our company," Karagjozi said. "We've taken advantage of this temporary lull to reevaluate our business plan, streamline our operation and prepare for the market recovery which some experts are predicting will begin either later this year or in the first part of 2007."