xsocal land merchant_IHB
New member
One of the areas <a href="http://www3.signonsandiego.com/stories/2008/dec/27/1b27-barratt-files-chapter-11-reorgan/?zIndex=28443">largest non public homebuilders filed for bankruptcy on Christmas eve.</a>
The building industry in SoCal still has a way to go before it gets sorted out. I still believe there will be no bottom until all of the short sales and foreclosures have been absorbed.
It is tough on the employees and adds to the downward spiral we are starting to see in the unemployment numbers in SoCal.
May we all have a good 2009.
Enjoy!
The building industry in SoCal still has a way to go before it gets sorted out. I still believe there will be no bottom until all of the short sales and foreclosures have been absorbed.
It is tough on the employees and adds to the downward spiral we are starting to see in the unemployment numbers in SoCal.
May we all have a good 2009.
Enjoy!