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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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FoolishJayhawk (53.31) Submitted: 5/09/08 12:05 PM : Start Price: $30.51 RYL Score: 14.90
We're building 1 million new homes, we're selling 500K of those new homes. Excess supply of 500K (annualized). Housing prices will continue to be pressured as seen in the home-price-to-income ratio, and the rent-price ratio. RYL may go up in absolute terms, but it will certainly under perform the S&P for the next several years as we get through this mess.
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