16 ordspråk av RL Brown

RL Brown

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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 story isn't uniform across the Valley.

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

Condo conversion is rapidly running its very short course.

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.

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

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

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.

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

You can spend a lot of money, maybe $75,000 to $100,000 for a full rehabilitation, but you end up with a close-in neighborhood, mature trees and no commute.

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.

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.

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

The builders would consider it a windfall.

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