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Monday, Oct. 22, 2001 | 10:01 a.m.
The quote by Dennis Smith of Home Builders Research should have said: "Builders will be offering some incentives to get rid of any standing unsold homes, and by the end of the first quarter of 2002 we should be back to less than one month of standing inventory," he said. "Home sales are typically the slowest in the fourth quarter. Home sales for this year's fourth quarter will likely drop about 25-30 percent, which is comparable to the drop we saw two years ago."
The Sun regrets the error. The Sun corrects its errors. If you find a mistake, call 385-3111 to report it.
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