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


To: Drygulch Dan who wrote (120698)5/5/2008 10:43:49 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
Hovnanian Says Deteriorating Market to Hurt Results (Update2)

bloomberg.com

May 5 (Bloomberg) -- Hovnanian Enterprises Inc., New Jersey's biggest homebuilder, will report additional costs of as much as $275 million for the fiscal second quarter because of the worsening U.S. property market.



To: Drygulch Dan who wrote (120698)5/5/2008 10:50:16 AM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
What's broken in Florida is not currently relevant in 95051.

Or is it the other way around?

What's happening in 95051 is not currently relevant to what's broken in Florida .

95051 is the exception to the rule. For every zip code doing well there are a hundred that are doing poorly.



To: Drygulch Dan who wrote (120698)5/7/2008 12:46:13 AM
From: Live2SailRead Replies (1) | Respond to of 306849
 
Should be interesting to see what state budget cuts in education hold for "powerhouse" school districts like Cupertino and Palo Alto. Some high schools (not PA and Cup) are looking at 40+ students in a classroom. It's tough to learn in that environment.

Parents/buyers should look beyond the pure numbers of a school district. Cupertino school district is a well-known pressure cooker. Is that what you found? That's not the best thing for every child.