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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (56057)	7/2/2006 6:50:29 PM
From: tejek	Respond to of 306849

Larry Mariott, president of Mariott Homes Inc., which builds in this area, believes that there are more builders here per capita than in most other places and that they are willing to work for lower margins than construction firms accept elsewhere. Maybe it is because of the pleasant lifestyle here and optimism about growth prospects, he says Good article. The above goes a long way in explaining why prices are so low. Tampa St. Pete had a similar problem for years. Until land gets scare or demand increases dramatically and/or development restrictions increase, Bryan-College Station is likely to have cheap housing prices for quite some time.