Visitor volumes continue to press forward, while consumer spending is holding its ground. We estimate spending on gaming, lodging, dining and retail items posted healthy gains ranging from high single-digits to low double-digits during the first quarter of 2006. |
We anticipate reasonable operating gains reported by the majority of operators in April. That having been said, we anticipate profit-taking by investors as valuations have reached new levels, which may cause a modest correction April. |
We believe that apartment rent growth will range from 8 to 10 percent by the close of 2005. Rising home values, flat to modest increases in personal incomes and a lack of new inventory all point toward continued growth in rental rates. |
We continue to see above-average rental rate growth in the speculative sector, while rising land and construction costs will continue to drive rates north. While the supply-side is facing record development costs, the demand-side of the equation is supported by the third-fastest growing segment in the local economy, professional and business service office users. |
We didn't get a lot of hits. We ran into a very good pitcher. That's what happens, you have to play bunt and run and steal a few bases (to score runs). |
We don't know yet how all that has happened in Mississippi really affects the company's balance sheet. |
We simply cannot expect land prices to escalate at 80 percent per year while rents for office, retail and apartments are increasing in the 8 to 16 percent per year range. |
We're looking for demand to continue to stabilize as projects move forward. It is slowing down, there's no doubt about it. |
We've seen a tremendous amount of interest in that sector of the office market. It's driven by a few things, including rising development costs. |
Wow, what a tremendous performance, particularly compared with the previous year, |
You cannot give good teams like Troy 26 or 27 outs. These guys are all hard workers. They all love the game. |