The reality is, Bakersfield is just at the beginning of its growth pattern. |
The slowdown in November will give builders an opportunity to clear out their standing inventory. We anticipate that 2005 will conclude with figures matching 2004, which was a very good year for the industry. |
We haven't had a burst. We have barely had a leak in the bubble. And I think that you'll see come spring, next quarter, that the hole in the bubble is going to be sealed up. |