Thu, Nov 27, 2014, 11:41 PM EST - U.S. Markets closed for Thanksgiving Day

Recent

% | $
Quotes you view appear here for quick access.

PulteGroup, Inc. Message Board

  • usasitis usasitis Sep 14, 2005 11:39 AM Flag

    2nd warning in a week! warning sign

    for the industry.

    But again, the typical lead time for new homes is about 6-12 months. The backlogs that the builders have now were signed up 6-12 months ago when housing was red hot...

    Watch for the cancellation to speed up next three months..

    Locking a housing needs only $10k... not big deal for a potential profit of several 100k... The trouble is that all these home builders will hold inventory when those potential buyers walk away from their contracts next year

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • You are an idiot. The big builders love cancellations right now. They resale for 20-30% more immediately with no problem. I work for one and we blow them out as soon as we we have a valid cantactual reason. Cancellations only mean greater profits and are actually a good thing in this market. Too many idiot shorts on this board. You need to pick up the retail markets and buy plenty of shorts because you are going to lose these.

 
PHM
21.50+0.04(+0.19%)Nov 26 4:03 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Infoblox Inc.
NYSEWed, Nov 26, 2014 4:01 PM EST
Transocean Ltd.
NYSEWed, Nov 26, 2014 4:01 PM EST