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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 (137122)	7/28/2008 4:41:38 PM
From: Smiling Bob	Read Replies (2) \| Respond to of 306849

MTH up ah They've held up rather well compared to some others finance.yahoo.com

To: Travis_Bickle who wrote (137122)	7/28/2008 4:46:36 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

Something odd about MTH....I was at a movie yesterday (The Dark Knight, I give it 4 1/2 tequila shots), and they flashed an add for townhomes built by MTH on the screen. What caught my eye was that they claimed $500 "Moves you in". I thought down payments now were 10% for all but FHA/VA, perhaps they are the originator? Furthermore, this was clearly a townhome, not "Build-to-order" like they say they do in the press release. I meant to short them today, but prolly wouldn't have been able to score a borrow anyway..... I see they burned through a quarter of the cash they raised on their secondary this quarter.....