Archive for June 15th, 2009

Homebuilders

Monday, June 15th, 2009

More good news on the homebuilding front. Confidence among U.S. homebuilders fell unexpectedly in June, indicating that a recovery from the housing slump will be slow.

The National Association of Home Builders/Wells Fargo index of builder confidence decreased to 15 this month from 16 in May, the Washington-based NAHB reported today. We can only hope this gets better in the up and coming months.

Posted in New Home Building | No Comments »

Filenes Basement-No more deals

Monday, June 15th, 2009

Looks like no more deals on designer duds
Filene’s Basement sought bankruptcy protection last month for the second time in almost a decade after sales slumped. The company listed liabilities of more than $100 million and $50 million to $100 million of assets in a Chapter 11 petition. I have been combing the racks and finding nothing good anymore.

Posted in Back Bay | No Comments »