Lawrence Horan
Lawrence Horan
economy industry market negative next outlook quite slowing swing tends year
I've been negative on the industry outlook for quite some time. I think next year is going to be a down year with competitive pricing. The economy is slowing and housing, which tends to be the swing factor, is slowing. I think it's going to be more of a replacement market next year.
believe cycle economic financial leads performance poised stocks strong
The extraordinary financial performance of conventional homebuilders in this economic cycle leads us to believe that there is a strong possibility that their stocks could be poised for record-breaking valuations.