St. Joe misses earnings - and guides forward estimates lower

[Cil]

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Sad thing is that this is what gets the ball really rolling... We hyper inflated RE and everything it supports (jobs, consumerism, etc) and now that we are on the downside people will be loosing jobs, buying less things (more jobs lost), causing even more pain...
...

Yes, your description is spot on, and this might just be the first round of layoffs.

The 'correction' needed to happen, it's just a bummer to be caught up in it, but we always knew there was a chance this could happen to us when we came out here.

 

[Beachlover2]

I am so sorry to hear that Cil - my husband as well is sitting on the bubble right now - his company is in big trouble.

Do you plan to try and stay in the area?

Hopefully this will out will work out for the better.

Best Wishes

 

[TooFarTampa]

So sorry about this Cil -- I'm sure things will work out for you guys, but these things are never easy. Keep us posted.