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I don’t know about the 1s but the prices will certainly head down.
KB Home is of course partnered with Countrywide for financing, so we know who holds most of those loans.
Shouldn’t Bruce Karatz — the KB prez who left with over 130 million — and Angelo Mozillo be paying to water those lawns?
JS
waiting hawk, my memory of the wager was the one that finds it first, the others buys him/her drinks, and it’s open to anyone to find it. There’s no time limit so have at it unless I beat you to it. You are only 12% away, have some faith, French Valley won’t let you down, the folded hedgies and brokerage firms will be liquidating assets soon and they will have to unload their foreclosures. I had to drive North on the freeway the other day at 5 p.m. and where the 15 and 215 splits, clear sailing on the 15 but the 215 to french valley was dead stopped, like it is every day, that isn’t going to get people to line up at even 50% off.