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March 08, 2007

I feel your D.R. Horton pain, Steve Topletz

Donald Tomnitz, the CEO of the nation’s largest homebuilder, expects 2007 to be on the slow side, to put it mildly.
I don’t want to be too sophisticated here, but ’07 is going to suck, all 12 months of the calendar year.

Can you put The Preserve II wayyyy on the back burner as part of this?

Seriously, Tomnitz said to expect further cuts in new housing starts.

Somebody should tell Larry Lewis, too, that his crazy “let’s flood Lancaster with kids” idea will also now go further on the back burner.

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