The Tree Of Liberty The Tree Of Liberty  

Go Back   The Tree Of Liberty > Public > Committees of Correspondence

Committees of Correspondence Hard News And Discussion Amongst Citizens Of The Tree

Reply
 
Thread Tools Display Modes
  #1  
Old 03-23-2012, 08:48 PM
dilligaf's Avatar
dilligaf dilligaf is offline
Judge
 
Join Date: Aug 2008
Location: north ga mtns
Posts: 18,870
Default KB Home has brutal first quarter.

just when the MSM is touting the "turn around" of the new home construction market we get this,

NEW YORK (CNNMoney) -- Shares of residential construction companies were under pressure Friday after KB Home reported a sharp drop in new orders, raising worries about the all-important spring selling season.


KB Home said new orders fell 8% in the first quarter, driven by sharp declines in the Southwest and West. It also reported an increase in the cancellation rate of new orders, which rose to 36% in the quarter.


full article,
http://money.cnn.com/2012/03/23/mark...ders/index.htm
Reply With Quote
  #2  
Old 03-23-2012, 09:18 PM
Hermantribe's Avatar
Hermantribe Hermantribe is offline
Land Owner
 
Join Date: Sep 2010
Location: Inside the Shake Zone
Posts: 1,320
Default

there's a very true saying: You only buy one KB home. I know this is true from experience. I had to fight to 1.) get things like the dining room chandelier installed, and 2.) get broken things fixed. Never again!
__________________
~Kate

I will die in bed, my successor will die in prison, and his successor will die as a martyr in the public square. His successor will pick up the shards of a ruined society and slowly help rebuild civilization, as the Church has done so often in human history. ~Francis, Cardinal George
Reply With Quote
  #3  
Old 03-23-2012, 09:24 PM
dilligaf's Avatar
dilligaf dilligaf is offline
Judge
 
Join Date: Aug 2008
Location: north ga mtns
Posts: 18,870
Default

Quote:
Originally Posted by Hermantribe View Post
there's a very true saying: You only buy one KB home. I know this is true from experience. I had to fight to 1.) get things like the dining room chandelier installed, and 2.) get broken things fixed. Never again!
that could be said for the top 10 home builders in the united states..they got to the top by volume selling garbage..

nevertheless,this is a very real market indicator..
Reply With Quote
  #4  
Old 03-23-2012, 10:42 PM
Earl Sinclair's Avatar
Earl Sinclair Earl Sinclair is online now
Esquire
 
Join Date: Jul 2010
Posts: 2,623
Default

Wow, we actually had a pretty good experience with a new KB condominium. Everything worked when we moved in, they repaired a flaw in the wood floor, as well as a tile in the kitchen.

The only thing that was whacked was the filter for the central AC was a custom size, and therefore very hard to find.

That was in the early 90s, though.

Earl
Reply With Quote
  #5  
Old 03-24-2012, 06:04 AM
TXBSAFH's Avatar
TXBSAFH TXBSAFH is offline
Esquire
 
Join Date: Jul 2008
Location: Texas
Posts: 2,625
Default

My father was a home builder and carpenter, he taught his sons the trades. Back about 5 or so years ago my wife and I were looking at new homes. We looked a some KB homes, they were IMHO poorly constructed trash. I would not ever buy a KB home.
__________________
"If ye love wealth greater than liberty, the tranquility of servitude greater than the animating contest for freedom, go home from us in peace. We seek not your counsel, nor your arms. Crouch down and lick the hand that feeds you; and posterity forget that ye were our countrymen."
--Samuel Adams (Great Man, Great Patriot, Great Beer )
Reply With Quote
  #6  
Old 03-24-2012, 08:06 AM
Remember_The_Alamo Remember_The_Alamo is online now
Merchant
 
Join Date: Feb 2012
Posts: 269
Default

Spent some time, the late 1990's thru 2005 working in the housing market in the Houston Texas area. 99% of all the trades appeared to be illegal aliens. The crew doing the forms (foundation), framers, shortcut rafters at the ridge and hip ridges, partition walls not square to the exterior walls door and window rough openings to small or large etc... drywallers leaving large amounts of garbage in the walls and enclosed areas at the stairwells, not leaving adequate expansion space at the openings for movement because of our climate on and on and on...

I'm not saying these were "bad" people, I understand they want a better life, but damn it come here legally, learn the trade properly and quit working at slave wages driving the earning power of citizens down the crapper.
Reply With Quote
  #7  
Old 03-24-2012, 08:13 AM
dilligaf's Avatar
dilligaf dilligaf is offline
Judge
 
Join Date: Aug 2008
Location: north ga mtns
Posts: 18,870
Default

a sub contractor does the quality level of work that the BUILDER demands.. i have been in construction for over 30 years now and i am not willing to put the blame at the feet of subs, regardless of their nationality..

its the BUILDERS, who dictate the quality of craftsmanship,the speed in which the job is completed and the quality of materials used..

beyond that remember, all this workmanship still meets CODE..
Reply With Quote
  #8  
Old 03-24-2012, 09:03 AM
Remember_The_Alamo Remember_The_Alamo is online now
Merchant
 
Join Date: Feb 2012
Posts: 269
Default

Remember CORRUPTION is everywhere. People who sign-off on a job are not always honest.

The sub-contractor that has no pride or commitment to maintaining his reputation as a quality provider deserves to go out of business. I refused many jobs when the builder wanted me to provide sub-par work, my own code of ethics prevented me from doing damage to the potential home owner. I know how I would feel for settling for less than the best that the alloted budget allowed for.
Reply With Quote
  #9  
Old 03-24-2012, 09:10 AM
Yoda Yoda is offline
Esquire
 
Join Date: Dec 2009
Posts: 2,277
Default This can't be true

Everything is just fine. We are told so by the media and the administration. So, this bad quarter must be due to .....corporate greed. Yes, that must be it. Therefore, we must order that company to report its true profit, so it can pay its fair share. Maybe a government program to buy some KB homes with tax money so that things look better. Yeah, maybe Congressman Frank can get right on that.....
Reply With Quote
  #10  
Old 03-24-2012, 12:02 PM
dilligaf's Avatar
dilligaf dilligaf is offline
Judge
 
Join Date: Aug 2008
Location: north ga mtns
Posts: 18,870
Default

Quote:
Originally Posted by Remember_The_Alamo View Post
Remember CORRUPTION is everywhere. People who sign-off on a job are not always honest.
i agree..
Quote:
The sub-contractor that has no pride or commitment to maintaining his reputation as a quality provider deserves to go out of business.
true enough, but reality is, the ones who are cheapest and fastest,quality or not are generally the ones who stay busy..

Quote:
I refused many jobs when the builder wanted me to provide sub-par work, my own code of ethics prevented me from doing damage to the potential home owner.
which is exactly what i stated, the BUILDERS are ultimately the ones responsible for a crap built home.. you have a right to refuse the job, but joe the meth head or pablo the illegal will be there to do the job the builder wants at the price he is willing to pay..
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 11:23 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
NOTICE: The Tree of Liberty is an Internet forum for discussion of current news, national, and world events. The opinions posted do not necessarily represent those of Tree of Liberty, LLC (the owner of this website), the staff or the site's host. Responsibility for the content of each post rests solely with the Individual Member making them. Neither Tree of Liberty LLC, the Staff, nor the site's host shall be liable for any content. All original member content posted on this forum becomes the property of Tree of Liberty,LLC for archival and display purposes on the TheTreeofLiberty.com website venue. Said content may be removed or edited at staff discretion. The original authors retain all rights to their material outside of TheTreeofLiberty.Com website venue. Publication of any original material from TheTreeofLiberty.Com on other websites or venues without permission from Tree of Liberty LLC, or the original author is expressly forbidden.