Today I noticed that the Sunday Homes section of the local paper had EIGHT full page color ads from builders advertising their communities. Out of 14 pages total, that’s more than half! I guess a slowing market means big business for print advertsing.
Here are the latest doom and gloom links from my spies in the field:
Disappointing Results Sock Homebuilders
AG Edwards Rethinks Homebuilder Ratings
Pulte, Centex See Orders Tumble
A Buyers Market for Homes
New Home Sales Soar in March (After Builder Price Cuts)
Condo Conversions Revert to Rentals in Florida
The Housing Bubble Has Popped
Shelterus Bubbleria Sweeps the Nation
Now, the Hard Part
And my personal favorite… Bring back SERFDOM!
50 Year Mortgage Debuts in California
