Thursday, September 13, 2012

5 Reasons Why the Housing Market Recovery Won't Last

5 Reasons Why the Housing Market Recovery Won't Last

Investors seem to be loving homebuilders these days.

Shares of Lennar (LEN) hit a five-year high last week. Toll Brothers (TOL) followed through fresh five-year peak on Monday.

It's easy to get excited about the bellwethers. Home prices have finally started to inch higher. Developers are growing their bottom lines and their cancellation rates are shrinking. There may be a few laggards out there, but the trend is generally upbeat.

Analysts see Lennar and Toll Brothers growing their revenue 26% and 23% respectively this year, and are looking for those rates to accelerate in the next fiscal year.

The Law Office of Susan J. Salehi has helped 1000’s of people like yourself with Chapter 7 and 13 bankruptcies since 1992, both in the Santa Barbara/Ventura and Kern County areas. We offer a free consultation, reasonable rates and payment plans. All of your options will be explained during your free consultation with the attorney at the Law Offices of Susan J. Salehi. We ask that you bring six months’ proof of income (paystubs/rent receipts/profit and loss statement if self-employed), the last two years’ tax return, a credit report – free ones are available at www.annualcreditreport.com, any foreclosure notices, lawsuits, and correspondence from the IRS or FTB if you owe pastdue taxes.
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