16 ordspråk av RL Brown

RL Brown

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Condo conversion is rapidly running its very short course.

Everybody makes a series of choices, and it goes down to the age old 'buyer beware' at some point.

I think we'll see permits down in February, but I thought we'd see them down in January.

If builders were thinking of empty sales offices, they clearly would not be raising prices by an average of $4,300. It's a demonstration that builders are not seeing anything out there that scares them.

Just by surnames alone, I can tell you home ownership by Hispanics has soared and is a significant part of the current activity.

Looking at the preliminary numbers, obviously February was a disappointment compared to last year and year-to-date.

The bottom line is it is a market in transition now.

The builders would consider it a windfall.

The metro Phoenix housing market is returning to normal after an extraordinary year that allowed housing prices to rise much more rapidly than at any time in history.

The story isn't uniform across the Valley.

There's no question that Tempe and Chandler are on their last legs from the point of view of available land. What the future holds is primarily infill and high-density housing.

There's no such thing as enough due diligence that prospective consumers can do.

This is primarily a population-driven housing market, and as long as people want to move here this will continue to be a booming housing market.

This is proof that the market has turned from a sellers' market to a buyers' market.

To forecast the end of this housing market (boom) you need to forecast when people will stop moving here.

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