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Zephyr

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Zephyr

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Thursday, 09/16/2010 3:23:53 PM

Thursday, September 16, 2010 3:23:53 PM

Post# of 822
11:43:53 Today MARKETWATCH.COM Builder stocks hit by higher August foreclosures


BOSTON (MarketWatch) -- Home-builder stocks fell Thursday after RealtyTrac
estimated foreclosure filings rose 4% in August from July. Shares of KB Home ,
Ryland Group Inc. , D.R. Horton Inc. and Toll Brothers Inc. were all down at
least 3%. Earlier in the week, Beazer Homes USA Inc. scaled back its outlook,
saying market conditions have deteriorated since the expiration of the home-buyer
tax credit.

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