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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (30884)	10/21/1999 2:11:00 AM
From: john rieck	Respond to of 99985

Don't have stats on hand, but the real estate market in Houston is very hot. In particular, it appears as if luxury close-in apartment complexes are being overbuilt.

To: Terry Whitman who wrote (30884)	10/21/1999 2:15:00 AM
From: im1vestr	Read Replies (2) \| Respond to of 99985

Terry Have not posted on the MDA board before, but since I glean so much information just lurking, the least I could do is give you some input regarding the construction industry here in the southwest. I project manage for a fairly large construction company that has both a residential and commercial division. Here in Phoenix AZ. construction is still at an all time high with residential rising 20% to 25% in the past year. Both resale and new construction are selling at a premium. Seems like it would have affected inflation #s at least for this area. Hope this helps. Back to Lurking! Dave