HD Forums - Topic - Are you ready?

No members are browsing this topic

Forum Led by: BigDog, RiverLiver

[ Track this topic :: Email this topic :: Print this topic ]

Sportin' Wood Male

Taurus
HDF Supporter

Man Whore

Menifee Valley/ Lake Mo-choppy
Posts: 396
APPD 0.05
Post Rank: 68

Posted: May 11 2006,2:06 pm

Post # 1

Just got out of a meeting with a publicly traded home builder I do business with about how the subs need to lower prices 5% across the board on current projects or risk the " relationship we have work so hard to build". :stupid

I don't know how companies that have a 5% profit margin can lower the price 5% but hey one can dream right? :eek

Here comes the housing crash are you ready? :puke

I guess this builder is giving upwards of 40-60% in incentives on new homes. There stock dropped nearly $2.00 today. Yee Haw here it comes, think my employee's will take the hit?

Good thing the wife is graduating, I might need for her to pay the bills. :good

| Member # 319 | Joined: 12-30-2003 |

weldwade

Scorpio
HDF Bronze Supporter

Boat Racer
500 post flame

Tucson Az
Posts: 950
APPD 0.13
Post Rank: 42
207 LS Reinell

Posted: May 11 2006,2:31 pm

Post # 2

Is this nationwide? Home building market in S.AZ is booming, but to tell you the truth I hope it slows down a little, wait time for a new home is about 8 to 10 months avg here.

Keep your GUNS!