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The Sound of Nail Guns Is Like Playing A Winning Slot Machine...Cha Ching Cha Ching
I love this article from Barbara talking about the increasing strength of the residential real estate market.  The builders are back.  Home sales are increasing.  
Lots of reason for optimism.
 
As the residential resale market continues to gain strength, the new construction arena is feeling its oats.  Builders are building homes on speculation and buyers are purchasing them before the homes are finished.  Do I dare think the market has turned?  Are builders experiencing a false sense of confidence?
I remember the days of selling a new home and raising the price on the next home by $10,000.  This process would continue with every sale.  The tenth home was paying $100,000 more than home #1.  The word aggressive comes to mind here. That’s what listing new construction was like in 2006 in Franklin MA.  The builder came to work every day with a big smile on his face.  He knew if I sold a home, there would be an additional $10,000 in his bottom line.
How life changed within the next couple of years.  Those memories still exist, but what most builders think about is the most recent change in the market.  That change was one that required the builders ... more

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