Since we were all working from the lowest levels of new home sales and housing starts, the slow and steady housing theme stayed true this entire cycle ... but now I see a lack of confidence in housing just by the wording of certain people's work, so 2019 will be interesting
Isn’t it that the demand is pretty I evenly distributed?
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Look at CA, sales down, inventory up, CA home buyers are the top of the economic food chain in terms of incomes. However, if 4.5% rates cool down CA sales like it did in 2014 and 2018. Will the builders build more homes here which tend to be much more expensive than existing
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and that has been a theme of mine for almost 20 years now. The builders biggest competition has been and always will be cheaper smaller and more supply existing homes
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