From Jim Wasserman's Sac Bee Article on Nov 13: More than half the nation's big publicly-traded home builders may yet fail. David Butler, vice president for JPMorgan Real Estate, repeated what he heard at a similar conference in Hawaii: "Three of four believed that half the Wall Street home builders will not be around in three or four years."
I heard that Centex Homes only sold 11 units net over the entire month of October, 2008. Almost impossible to believe. I'm trying to confirm this...
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