Subs that have been dead for years are now sold out and expanding. Wind ,fire and flooding are creating big demands for new housing outside of Michigan. Pulte in my opinion is going to very busy for some time to come.
Where in Michigan? I visited Detroit and the surrounding cities a few months ago. Seemed like a ghost town.
they are building while sleeping. and, doesnt seem to matter where they build, the product is shiat.
PHM should be $2.00 up today.......
in reality PHM should be down $18. $20 for this pos builder is absurd. PHM builds shiat no matter where they build.
All builders and suppliers dies last week, from 15% down on builders and a little less on the suppliers. Has WS decided the run up was enough for where the home construction market is at?