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To: kinoxi
The new home builder isn’t making their %300 markup as consistently this quarter.

LOL quite the understatement:

D.R. Horton said its second-quarter earnings declined to $51.7 million from $352.8 million in the year-ago quarter

Pulte Homes, Inc., the second largest homebuilder in the U.S., said on April 25 that it incurred a net loss of $85.7 million or $0.33 per share for its first quarter

Hovnanian Enterprises, Inc. said in early May that it expects to report a wider loss for its second quarter


6 posted on 05/09/2007 7:43:59 AM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: jiggyboy

I was referring to cost (labor,land,materials,etc.) and sale price.


8 posted on 05/09/2007 7:51:28 AM PDT by kinoxi
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