Onecent

Ryland, Toll Brothers: Waiting for a Pullback

Please, homebuilders will be the last sector to recover in this recession and anyone trying to pick the bottom is a fool.

Half of today's pending sales were forclosures. There are planty of luxiry homes out there at bargain prices which isn't helpful toToll. How many more of them have yet to hit the market when you look at the unemplyment picture?

I see nothing that gives me optimism that Toll hasn't got many bad quarters in front of them.