2008-12-15housingwire.com

"Builder confidence in the market for new single-family homes held at a record low in December amid deepening economic turmoil and massive reductions, according to the monthly National Association of Home Builders. The December NAHB/Wells Fargo Housing Market Index (HMI), released monday, held at November’s all-time low reading of 9."



Comments:

tvsterling at 20:30 2008-12-15 said:
This may seem radical but with the devastating things happening all across the country these distressed builders might consider selling at cost. This MIGHT allow recovery of operating capital & a chance at survival. Live to fight another day. Permalink

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