FSTH is ready for a bounce!
Posted by wolyton on :
Four Star Holdings, Inc. (OTCBB:FSTH), operates as the 4th largest homebuilding company in the Birmingham, Alabama area, closely competing with D.R. Horton (NYSE:DHI), Hovnanian Enterprises, Inc (NYSE:HOV) and HPH Homes, LLC as a fully integrated builder and developer. The company operates in three segments, Land Development, Structural Community Planning including Homebuilding, and Realty Brokerage Services. The corporation is headquartered in Odenville, Alabama.
BIRMINGHAM, Ala., Jun 3, 2010 -- Four Star Holdings, Inc. (OTCBB:FSTH) is excited to announce that they have surpassed original goals by completing construction on 1,100 single family homes. Four Star demonstrates an intimate knowledge of the Birmingham, AL home market and has a vested interest in developing additional homes on their 5,500 potential new home sites. These homes will be constructed over the next 7 years with an estimated average selling price of $170,000.00.
Lawrence Yun, Chief Economist for National Association of Realtors, predicts future new home needs in the upcoming years in this article released in June 2010; http://www.realtor.org/rmonews_and_commentary/economy/1006_economy_housingshorta ge. In the article, Mr. Yun states, "that the under production over the past three years could be an issue"; and further states, "a housing shortage is something we won't be able to dismiss too quickly."
Fran Mize, President of Four Star stated today, "I am very confident that our construction and sales goals will not only be met, but surpassed over the next year. Housing needs are continuing to grow in the Birmingham area, and we are here to answer those demands."
Posted by wolyton on :
Four Star Holdings, Inc. (OTCBB:FSTH), operates as the 4th largest homebuilding company in the Birmingham, Alabama area, closely competing with D.R. Horton (NYSE:DHI), Hovnanian Enterprises, Inc (NYSE:HOV) and HPH Homes, LLC as a fully integrated builder and developer. The company operates in three segments, Land Development, Structural Community Planning including Homebuilding, and Realty Brokerage Services. The corporation is headquartered in Odenville, Alabama.
BIRMINGHAM, Ala., Jun 3, 2010 -- Four Star Holdings, Inc. (OTCBB:FSTH) is excited to announce that they have surpassed original goals by completing construction on 1,100 single family homes. Four Star demonstrates an intimate knowledge of the Birmingham, AL home market and has a vested interest in developing additional homes on their 5,500 potential new home sites. These homes will be constructed over the next 7 years with an estimated average selling price of $170,000.00.
Lawrence Yun, Chief Economist for National Association of Realtors, predicts future new home needs in the upcoming years in this article released in June 2010; http://www.realtor.org/rmonews_and_commentary/economy/1006_economy_housingshorta ge. In the article, Mr. Yun states, "that the under production over the past three years could be an issue"; and further states, "a housing shortage is something we won't be able to dismiss too quickly."
Fran Mize, President of Four Star stated today, "I am very confident that our construction and sales goals will not only be met, but surpassed over the next year. Housing needs are continuing to grow in the Birmingham area, and we are here to answer those demands."
Posted by wolyton on :
pretty good close
Posted by wolyton on :
This is a great investment i cant wait till next opening