Until we hear something from the company if there is going to be one expect nothing..
Also read these usa economic stats..Pretty dismal..
#1 New home sales in the United States set a brand new all-time record low in the month of February.
#2 Only 19,000 new homes were sold in the United States during the month of February. The previous record low for new home sales during the month of February was 27,000, which was set last year.
#3 The "months of supply" of new homes in the U.S. rose from 7.4 months in January to 8.9 months in February.
#4 The median price of a new home in the United States declined almost 14 percent to $202,100 in the month of February.
#5 The median price of a new home in the U.S. is now the lowest it has been since December 2003.
#6 As of the end of 2010, new home sales in the United States had declined for five straight years, and they are expected to be lower once again in 2011.
#7 Now home sales in the United States are now down 80% from the peak in July 2005.
#8 New home construction starts in the United States fell 22.5 percent during the month of February. This was the largest decline in 27 years.
#9 In February, the number of new building permits (a measure of future home building activity) declined to the lowest level in more than 50 years. In fact, new building permits were 20 percent lower during February 2011 than they were in February 2010.
#10 There is a major glut of foreclosed homes that still need to be sold off. David Crowe, the chief economist for the National Association of Home Builders, recently told CNN that the constant flow of new foreclosures being put on the market is a huge hindrance to a recovery for new home sales....
"One of the biggest detriments to building new homes is the flow of existing foreclosed homes."
#11 The number of foreclosures just continues to increase. This means that those trying to sell new homes are going to continue to be competing against a giant mountain of foreclosed homes for the foreseeable future. An all-time record of 2.87 million U.S. households received a foreclosure filing in 2010, and that number is expected to be even higher in 2011.
#12 In fact, there are a whole lot of signs that there will be very high levels of foreclosures for years to come. For example, according to the Mortgage Bankers Association, at least 8 million Americans are at least one month behind on their mortgage payments at this point.
#13 A stunningly high number of Americans are "underwater" on their mortgages right now. This could lead to an increase in the number of "strategic defaults". 31 percent of the homeowners that responded to a recent Rasmussen Reports survey indicated that they are "underwater" on their mortgages, and Deutsche Bank is projecting that 48 percent of all U.S. mortgages could have negative equity by the end of 2011.
#14 The truth is that the U.S. doesn't need a whole lot of new housing at the moment. Right now, 11 percent of all homes in the United States are currently standing empty.
#15 Mortgage lending standards have become extremely tight. Back during the housing bubble, almost anyone that was breathing could get a zero-down mortgage. Today, mortgage lenders have made it extremely difficult to acquire a home loan, and it is quite typical these days for lenders to demand down payments of 20 percent or more. This is dramatically reducing the number of home buyers in the marketplace.
#16 American families cannot buy homes if they do not have good jobs. Unfortunately, it has become extremely difficult to find a job in the United States today. This is especially true if you are looking for a good job. It now takes the average unemployed worker in America about 33 weeks to find a job.
#17 There is not going to be a jobs recovery until the overall economy improves. Unfortunately, the price of oil continues to rise dramatically and economic disasters all over the planet threaten to plunge the global economy into another major recession.
#18 On top of everything else, perceptions regarding home ownership are shifting in the United States. In 1996, 89 percent of Americans believed that it was better to own a home than to rent one. Today that number has fallen to 63 percent.
