Richard Calhoun
Richard Calhoun
Richard Calhoun quotes about
across broad buyers causing change counties fairly four gone low near number record
Basically, the buyers have gone away, causing the number of transactions to be at or near record low levels. This is across all four counties that I track. This indicates that it is a fairly broad change and not localized.
buyers fear increasing pressure whatsoever
Buyers should have no pressure whatsoever from fear of increasing prices.
capitalize continues current developers drifting expected favorable last maintain opportunity presenting rates
As vacancy continues to tighten and developers maintain their current disciplined approach, lease rates are expected to continue drifting upward, presenting what may be the last opportunity for tenants to capitalize on favorable terms.
february january means offers sales
Offers accepted, or initiated sales (for single-family homes) were way down also, at only 811 (for January 2006). Only January 2001 had fewer, at 761. So 811 is significant and it means February closings will be way down.