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alstry (36.05)

Imagine the number of FORECLOSURES NOW

Recs

7

September 05, 2008 – Comments (1)

With 6.1% unemployment....that is another half a million people looking for work......

Plus we have a HUGE number of layoffs scheduled for this quarter.

Where do you think a million people are going to find jobs....airlines, autos, banks, construction, government?????  nope...they are all laying off.

No wonder Bob Toll is dumping shares!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Any guesses as to the cancellation rate next quarter......I believe it will be the highest in the company's history, low spec count and deteriorating environment.........you think Mr. Toll might  have an inkling??????

Brookfield homes tells us its the worst July ever!!!!!!!!

Foreclsoures still rising at records levels!!!!!!!

Ghosts moving into commerical developments!!!!!!

BUY!!!!  BUY!!!!!  BUY!!!!!! Everything is on sale.  Just wait until you see the prices next month.

1 Comments – Post Your Own

#1) On September 05, 2008 at 10:31 AM, alstry (36.05) wrote:

Sure the housing market is near a bottom!!!!!!!!!!!!!!!!!!!

CHICAGO (MarketWatch) -- The rate of mortgages entering foreclosure hit another record high in the second quarter, as did the percentage of loans somewhere in the foreclosure process, the Mortgage Bankers Association reported on Friday. The delinquency rate, which measures mortgages that aren't in foreclosure but have at least one overdue payment, also was the highest ever recorded in the MBA's quarterly survey. Report this comment

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