A lot of buyers are just more focused on good value now.
Builders don't want to hang on to standing houses -- they have to pay their bills, financing, and taxes.
I do think there's a supply issue in San Joaquin County. There's not enough being built, but certain markets such as Patterson and Lathrop got too pricey, and sales slowed down.
I don't think there was ever panic, frankly. There was recognition that we are in a new market. It's much more restrained, but it's still good.
If you build housing near light rail, it's been shown that people really like it. There are a ton of people who don't want to drive.
In our minds it is not a matter of the sky is falling -- it's a matter of reaching that equilibrium point between the supply and demand for housing in the region and positioning us for more sustainable long-term growth.
It's really a smart move in a constricted lot market. Everybody wants to be in Folsom and it's tough to find available lots.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.