Wednesday, August 13th, 2008
Toll Brothers (NYSE:TOL) reported poor sales numbers, straight across the board. The news is not surprising, given the protracted slump in the home building market as a result of the mortgage crisis.
Toll Brothers just couldn't keep the bad news to itself. The company said in a preliminary report Wednesday ...
Posted in Business | Comments Off
Wednesday, June 25th, 2008
Home prices have dropped in almost all markets, and now the decline is the worst in twenty years. The government is debating what can be done, if anything to combat the erosion.
The continued decline in home prices is driving down consumer confidence as well.
The Conference Board's consumer ...
Posted in Real Estate | Comments Off
Tuesday, June 24th, 2008
With the sub-prime mortgage fallout continuing, it might be a great time time to bottom fish for a new home if you have the financial means.
Reports are in that home prices have went down over 15% in a year in 20 major metropolitan areas.
Not surprisingly, Las Vegas, Miami and ...
Posted in Real Estate | Comments Off
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