What improvements would you like in Yahoo! Finance Message Boards? Please send us feedback.
Message Boards Settings Meritage Homes Corporation - Quote Info
Don't buy the hype, today's home sales stats not good     23-Oct-09 10:57 am    
The significant statistic:

"The median price of homes sold in September was $174,900, falling 8.5% from a year earlier led by an influx of distressed properties, which include foreclosures and short sales."

Home prices are so low already that HBs can't price them at a profit, even with cutting corners. It just gets worse, and with more foreclosures coming every day, we have yet to see the bottom in prices.


Sentiment : Strong Sell
Rating :
 (No ratings)
Rate it:
awful/not related to \pooraveragegoodexcellent

jccalif909

50/Male
Foster City...


View Messages

Ignore User

Report Abuse

< Previous Message |   Next Message >
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Messages in Topic

Minimum rating: What's this?
  Subject Author Rating Time of Post (ET)  
 
Don't buy the hype, today's home sales stats not good
jccalif909 Not rated 23-Oct-09 10:57 am  
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Meritage Homes Corporation (MTH)

Chart for Meritage Homes Corporation (MTH)
At 1:01PM ET: 19.73 Up 0.27 (1.39%)
Symbol Lookup