Real Invest 2.0 Blog

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Jun 26
2009

OK, so it is residential but I need some positive news...

Posted by: Troy Hicks

Tagged in: residential , economy
Troy Hicks

In an article in the LA Times, KB Homes is reporting that it has narrowed losses and that new home orders are up 59 percent.  Here is what CEO Jeffrey Mezger had to say. 

"Despite the increase in new orders, CEO Jeffrey Mezger remained cautious, saying only that "We are beginning to see signs that some negative housing market trends may be moderating at both the local and national levels."

 It's Friday, and hey it's something. Enjoy enjoy the weekend. 

T 


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busy