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Homebuilder Forecasts and Expectations [Housing Tracker]

Posted on June 23, 2008

Quote of the Day At the current stock price of $1.69, he has a bit of a loss, but at least he could have control over the assets until some value could be recovered down the road when the Florida real estate market begins to improve. - Gimme Credit analyst Vicki Bryan on the news that major shareholder Carl Icahn is in talks with homebuilder WCI Communities for some sort of transaction. Bryan estimates that Icahn built his equity stake in WCI at approximately $18-$20/share. (Forbes, June 20th)...

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Tags:
analyst , housing , real estate , real estate market
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