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Hoboken Homes Gone in 60 Minutes Signal U.S. Recovery; entered at 2012-05-25 07:50:22

Tailrisk
Posts: 218
Registered: 2009-11-30 Galt's Gulch

http://finance.yahoo.com/news/hoboken-ho....

Quote:

"People feel like now is the time to buy and they aren't isolated to one building in Hoboken," Yearley said in a May 23 conference call with analysts after the Horsham, Pennsylvania- based luxury homebuilder reported that quarterly orders for new homes surged 47 percent. "Confidence is up. The interest rates are there and they've been waiting so long to move on with their lives that they came out this spring."


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