Buyer Trends Impacting Builders; Fannie's Profit and Partnership With SoFi

Posted To: Pipeline Press

With residential applications at a 5-month industry low, it’s time for a pun. "How much does it cost to buy sixty female pigs and forty male deer? One hundred sows and bucks." How much does it cost to hire & train someone? Amazon says it will take on more than 120,000 seasonal workers for the holidays this year. Last year, 14,000 seasonal employees went on to get regular full-time positions. Amazon is gearing up for the holiday season and announced that it expects $42 billion to $45.5 billion in sales in the fourth quarter. Speaking of bucks here's what $12 million of them buys you in New Joisey. This morning we saw Fannie's 3 rd quarter profit: $3.2 billion. Heck, remind me again why Congress would/could come together to figure out a plan to "vote Fannie off the island" and do away...(read more)

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