Toll Bros. exec sees signs of life

The Real Deal posted a video clip from Jim Cramer's Mad Money show on CNBC, in which Cramer renews his prediction that the U.S. housing market will bottom out on June 30 (so specific!) and interviews Toll Brothers CEO Robert Toll on the state of the national housing picture.

The developer says he's seeing signs of rebound in "80 percent of the country" and that home-buying "expressions of interest" ($1,000 refundable deposits) are up over last year, but that's not saying much because "last year stunk."

View post at Curbed.com.

Copyright (c) 2009 Curbed.com LLC

***

What's your opinion? Leave your comments below or send a letter to the editor.

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.