REAL ESTATE CRASH HAS BEGUN
10 months ago
20
Here's the first step in real estate showing signs of major weakness... D.R. Horton reporting a less than stellar quarter, and more importantly they had a pretty bad projection of 2025.
New construction is the nicest real estate product to buy. New, beautiful, and has that new home smell. But what happens when people stop buying it? The stock crashes 15% in one day!
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