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PulteGroup, Inc. Message Board

  • jeeree234 jeeree234 Oct 30, 2006 8:22 AM Flag

    Housing Sentiment Is Changing

    Bullish analysts haven't wanted to see the industry they work flop or their company's clients burned.

    However, have you noticed? The optimism is disappearing and more and more are acknowledging the real world.

    Financial writers, business commentators and John Q. Public are now starting to talk more about how bad things are getting.

    Alan Abelson of Barron's this week wrote the "housing market is becoming a vicious drag on the economy as a whole."

    A Merrill analyst finally admitted that the bottom for homebuilders is off in the future somewhere.

    Look for more realistic assessments of the housing market and alot more downward pressure on the homebuilder stocks.

18.82-0.26(-1.36%)Sep 19 4:04 PMEDT

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