Brad Hunter
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Brad Hunter
flat instead land market prices push tending
The market has shifted. Instead of land prices tending to push upward, more than likely, they're flat or downward.
anticipate suffer
Some neighborhoods will suffer more than others. But I don't anticipate an across-the-board decline.
housing partly running slow starts
Housing starts are going to slow down because they were running at an unsustainable level, partly propped up by investors.
builders finding gain market sales share tactics work
Builders are finding that they have to work harder. They have to use different sales tactics to gain market share from competitors.
advantage beach considered discount enters gardens happen mall older palm product saw slide whenever
Whenever a new product enters the market, they do have an advantage over older retailers, especially if they are more upscale and have something new to offer. We saw that happen to the Palm Beach Mall when the Gardens Mall opened. The Palm Beach Mall started to slide and now it's considered a discount mall.
entering process returning
We're entering a new part of the cycle. We're in the process of returning to reality.