But at Least Hoboken Did Well
March 15 (Bloomberg) -- Toll Brothers Inc. Chief Executive Officer Robert Toll said the spring selling season has been ``pretty much a bust'' and he can't predict when the housing recovery will begin.
``When will the market rebound?'' Toll said at a conference in Las Vegas today. ``Who knows? The Shadow knows. I have no idea. I would've thought that it would've rebounded by now and I would've been dead wrong, and I was.''
Profit at homebuilders has plunged since the five-year housing boom ended a year ago. Rising inventories of unsold homes and hesitation by potential buyers on concern that the price of their house will drop has stifled sales.
Full article...
``When will the market rebound?'' Toll said at a conference in Las Vegas today. ``Who knows? The Shadow knows. I have no idea. I would've thought that it would've rebounded by now and I would've been dead wrong, and I was.''
Profit at homebuilders has plunged since the five-year housing boom ended a year ago. Rising inventories of unsold homes and hesitation by potential buyers on concern that the price of their house will drop has stifled sales.
Full article...
posted by Little_Silvered at 9:28 PM
5 Comments:
ah yes! maybe this summer instead of the sound of banging hammers, i will only hear the sound of waves breaking. and... no more pushing sales women in those horrible business suits they wear, making their way through summer visitors. no more centex, kara, etc, etc...
Doe anyone have a link to sales numbers per municipality in Monmouth County?
hi nj coast. thanks for that info. it is very helpful. where did you get it?
Great information njcoast. Is this public information on the website or Members Only?
I could not find it on www.momls.com.......
RE: rbyzell, couldn't agree more re: those business suits. I'd never buy a house from a woman unless she was wearing a skirt. It's just the way I am.
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