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

To: Bill/WA who wrote (59935)	8/15/2006 10:26:42 AM
From: John Vosilla	Respond to of 306849

'No way an independent could compete with his products.' Perhaps that is the reason in 'normal' times properties in a given areas never really go through a high appreciation phase until the area is near buildout and no large parcels of land are available on which they can build new product at a cheap price? This appeared to be a once in a century mania we just went through.. Seems small builders, speculators, banks taking back REO's and overleveraged homeowners needing to sell suffer a lot of pain competing with the national builders for years to come.