Those new homes sold will be some of
first losers when hitting resale
market in future due to being
built at very high costs...
At some point their biz plan may
be reviewed as reckless in the future
in hindsight...
But they did manage to produce one
more good quarter with the inflated
housing prices...
Rate rises hint that their days in the
sun are over for a spell...
Existing home sale market came
out with lower orders recently
in news highlights...
Resale formula has changed to,,,
'Sell at a lower price to allow for the
increased cost due to higher interest
rates for the prospective buyer'...
And the price dives with small increases
in the cost of mortgage interest...because
prices are high...
So we watch...LJ
Gee Beav, rithmatic isn't usually this hard to read!
Gee Beav, rithmatic isn't usually this hard to read! 
