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PulteGroup, Inc. Message Board

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  • jeeree234 jeeree234 Feb 9, 2010 10:00 PM Flag

    Does anyone have a feel for how good or bad PHM's report will be on Tuesday?

    Many more foreclosures will be on the market this year.

    It's rumored that Bank of America alone has 600,000 in the pipeline . They had 100,000 last year.

    The country is swimming in homes. We sure don't need another new one. Besides builders can't even come close to competing with foreclosures.

    A decent, profitable market for new homes is still a long ways down the road.

 
PHM
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