In a sure sign that in order to survive the hobbled housing market you must take chances and make drastic moves, two of the largest home builders are going to be merging. According to the Washington Business Journal: Pulte Homes Inc. has agreed to buy fellow homebuilder Centex Corp. in a stock swap valued at [...]
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On The Road To Recovery – Not…
by Joshua Dorkin | May 23, 2009If you are like me you have heard any number of pundits – TV talking heads, guru columnists, radio talk show hosts – give any number of dates – like next spring, 3rd Q 2010 – spewing as to when the “recovery” will begin. The actual date when the economy will begin to recover, according [...]