Saturday, March 10, 2007

2007 is going to suck

At last... an open, honest assesment for the prospects of the housing market by someone who should know:

"I don’t want to be too sophisticated here, but 2007 is going to suck, all 12 months of the calendar year"

- Donald Tomnitz, CEO of D.R. Horton Inc., the second-largest U.S. homebuilder by revenue.

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