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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Micawber who wrote (14957)11/10/2003 10:56:13 AM
From: GraceZRead Replies (2) of 306849
 
Thankfully the rest of the US isn't like LA. The big national home builder I do a lot of work for has limited their participation in the CA market, they build very few homes in CA because growth restrictions have made it impossible to grow their business there.

ryland.com

Meanwhile they have great growth prospects in areas with a far lower median home price. Here's one of their up and coming markets:

ryland.com

As well as my local area market which is booming, most of these communities are within 30 minutes of decent employment opportunities:

ryland.com

One can't look at CA and make an assessment about the state of the national market.
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