Here it is. The homebuilders are going to bump along the bottom until 2008 the earliest according to all the current forecast seers : Here are the quotes.
"...the two-year-old housing decline may extend into next year.
.....``The bottom is very near but I think it's going to stay along the bottom for a while before a recovery,'' the 50-year- old Hovnanian said today.
"Moody's Investors Service, Standard & Poor's and the National Association of Realtors said this week the housing decline will extend into next year as tighter loan standards and falling prices cut demand."