Declining 2006 Home Forecasts

Today high-end homebuilder Toll Brothers revised for the third time in six months its 2006 homes sold forecast. Pffffft!


  1. All factors that went in favor of real estate in 2000 seem to be reversing, interest rates are trending higher, affordability is lower, pent up demand is diminishing, potentially slowing economy etc. Wonder if there is a way to short this market?