dalerb

What the Homebuilders Are Telling Us

I've been in the RE development business for about 40 years and have never seen an environment as stacked against a turnaround as this. A partial list; interest rates, inventory, raw material costs, demographics, credit availability.....I could go on and on....wake up bud, we ain't ever close to a "turnaround".

What the Homebuilders Are Telling Us

I've been in the real estate development business for years and have never seen any environment that looks a bad as this one does going forward. Everything is stacked against RE for at least the next three or more years. Interest rates? (check) raw material prices (check) inventory? (check) availability of credit? (check) I mean....wakeup!