[Johnny is one of the youngest to ever swim that distance.] He has a great joy and love for the water, ... I told him he had a great stroke, and I thought with proper training and a wetsuit he could swim from Alcatraz. He said, 'Really'? |
As prices have stagnated since August, inventory levels have continued to grow, as we suspect an increasing number of speculators are placing their homes on the market. |
He has a great joy and love for the water. I told him he had a great stroke, and I thought with proper training and a wetsuit he could swim from Alcatraz. He said, 'Really'? |
He looked around, he looked ahead and he could almost see the opening at that point he could almost smell the barn and I noticed his stroke picked up and he got past that one moment that all endurance athletes have to go through. He put his head down, he tucked his chin and did it, |
I don't want to lose my gear. I have a lot of money invested. |
I'm kind of skeptical of the number. It would seem to be counter intuitive to show a positive year-over-year comparison. |
It is clear speculators have headed for the exists in Phoenix. Given the increase in mortgage rates recently, it would seem as if this market will continue to face increasingly more challenging conditions, especially in light of the enormous surge in inventory. |
It?s probably people thinking perhaps there was a chance they?d lower their guidance. |
Land prices coming down would seem to suggest that there's some acknowledgement that the market has changed in perhaps more than just a temporary way. |
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People are unable to sell their existing homes for what they thought they might, and are unable to go through with their anticipated purchase of their new home. So, they end up canceling their contract. |
The deterioration in home-building trends is materializing more rapidly than many had anticipated, including ourselves, and is likely to continue to put pressure on earnings expectations for the sector. |
The trends in housing are deteriorating. But what's perhaps new is that maybe they are deteriorating faster than people had been anticipating. |
Things are slowing a little bit faster than we expected. |
This would seem to indicate that those trends have not reversed course, and perhaps have even accelerated to the downside. |