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- Home Builders Pessimistic: "Pricing pressure for the foreseeable future"
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“In general, most markets are pretty tough. We’re still seeing pricing pressure out there and I think for the foreseeable future we’re still going to see it.”Beazer Homes CEO Ian McCarthy on conference call, May 16, 2008 And some other recent home builder comments: “I don’t think we’re anywhere near a bottom in housing. We’re going to have a big inventory of unsold, unoccupied homes that’s going to take three or four years to clear out.” …
Original Source
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16 May, 2008| housingblogs |
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