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Expert Analyses of the following article:

KB Home’s Loss Widens as Inventory of Unsold Houses Mounts

Source: online.wsj.com
July 2, 2008
Tell Me Again How Housing Has "Bottomed Out".
Author: GLG Expert Contributor
The numbers reported by KB Homes are very similar to those reported by Lennar and other major, publicly-traded homebuilders. Sales are off drastically, contract cancellations continue to be problematic and losses are mounting. For the National Association of Realtors and other trade organizations, as well as some well-known analysts, to claim that we have seen the bottom of the housing market is both...
Jim BelfioreJuly 1, 2008
Pushing to the Bottom
Author: Jim Belfiore, President, Belfiore Real Estate Consulting
Investors and market observers can count on continued homebuilder losses, as home prices a pushed downward further.

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