How are auto sales & carpet/flooring sales doing?

[MissDaisy]

Originally Posted by BaylorGuy314

I used to work for Woodforest. They are doing just fine. They make a surprisingly large % of their income from fee income and their real estate lending concentrations are in The Woodlands which is doing far better than most areas of the country.

A quick look at their balance sheet indicates they are in a far superior position compared to most banks I've seen lately.

Thanks BaylorGuy314 !

[Supermac34]

While the Woodlands (and other parts of town in North Houston) are doing better than most of the country real estate wise, there are still a TON of houses sitting on the market there. I would say the flooring business has the potential to turn around faster since the real estate market will probably turn around faster than most of the economy (especially with some of the sub 4.5% financing out there) AND there are a ton of remodels right now as people with money and jobs aren't willing to buy new right now because they are scared, but are willing to remodel.

[EasilyAmused]

I agree. There're a GLUT of homes on the market in The Woodlands.