Friday, March 18, 2005

D.C. Boom

. . . D.C. Boom. Look at any job growth figures and the Washington D.C. area is at, or near, the top. With jobs come people and demand for more housing, which is the main reason regional builder, Comstock Homebuilding Companies (Nasdaq: CHCI) is seeing big growth in its business. For the first two months of 2005, net new orders increased 71% and net new order value increased 86% over the same period last year. In addition, backlog contract value has increased 243% during this same period.

(From www.SmallcapRecap.com)

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