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Toll Brothers Inc. Message Board

  • supermarketinvestor supermarketinvestor Apr 1, 2005 5:34 PM Flag

    $25.00 By this time next year.

    Once the speculators get out of the market the housing demand will drop by 15%.
    Once interest rates rise and the adjustable rate mortgages move up demand will drop another 10%.
    I see a 25% drop in demand and at least a 30% drop in prices over the nest 2 to 4 years.
    Once interest rates rise and the cost of all the loans given over the past few year exceed the income we will see Fannie may going belly up and then watch real-estate drop.
    This may be a doom scenario but unfortunately it is more likely than prices continuing to go up.

28.53-0.18(-0.63%)Oct 21 4:02 PMEDT