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A homebuilding and mortgage-finance company. The Company consists of six segments: four geographically-determined homebuilding regions, financial services, and corporate.
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MCKInathan (97.03) Submitted: 10/27/06 5:14 PM : Start Price: $45.24 RYL Score: 27.47
Lots of talk right now about whether the housing market will have a soft landing or is crashing. Either way, I see house building stocks heading south faster than the S&P. Speculation is high right now and since the economic growth report missed its expected mark, I think the pessimist will win out for most large scale investors. After so many months of great returns, I think investors are willing to take their profits and look elsewhere, especially if the overall market really turns south.
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