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October 26, 2006

2

Largest US Builder..Too Early to Call Bottom to Falling Housing Market

by Bob Schwartz

Pulte Homes, the largest US housebuilder by revenues, said on Thursday that it was too early to call a bottom to the slowdown in the US housing market, but pledged to reduce new building to trim the excess supply which has cut selling prices and damaged consumer sentiment.      Del Mar real estate

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2 Comments
  1. It’s just surprising that so many people with the clear signs that were present in 2004 and 2005 didn’t say that the San Diego real estate bubble was about to bust
    Jeremy
    San Diego California Tooth Whitening

  2. The good news is, once the dust settles, the new and improved mortgage payments will be a piece of cake!

    Ellis
    San Diego California Tourism

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