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This is the beginning of a shift in sentiment I’ve been looking for.
“Robert Toll, chairman and CEO of Toll Brothers, told CNBC that he sees the housing industry’s “recession” continuing through 2009.”
http://www.cnbc.com/id/26991230
Once all the speculators – “owners”, banks, Realtors, flippers, brokers – realize housing isn’t coming back anytime soon, then I’ll start looking.