Builders Moving Toward Better Times ....check out this article from

Real Estate Agent with Keller Williams Town & Country Realty

Check out this great article below that I came across while checking out the latest on GREAT news for those builders out there and an awesome sign that things are looking up in the Tallahassee Market! Check it out below.....

Builders Moving Toward Better Times

Lots of signs point to a recovery in the construction industry.

With help from a federal tax break, both Lennar Corp. and KB Home posted fourth-quarter profits - the first time since 2007 that either has been in the black.

KB Home CEO Jeffrey Mezger said in a statement: "There are indications that housing market conditions may be stabilizing in some regions, reflecting, among other things, relatively high levels of affordability."

Other signs that things are getting better:

  • Residential investment increased 18.9 percent in the third quarter on a seasonally adjusted basis compared with the second quarter, according to the U.S. Commerce Department's Bureau of Economic Analysis. It was the first increase in residential investment since the fourth quarter of 2005, the government said.
  • Both KB Home and Lennar are buying land.
  • As sales increase, both have reduced incentives they have been offering buyers.
  • Mezger says KB is increasing prices.

Source: The Los Angeles Times, Alejandro Lazo (01/13/2010)

 To read more of this article and to find more great articles on Real Estate and what's going on in the market, you can click on the link below.


 To find out more about the Tallahassee market you can contact me at 850-591-2599 or you can email me at


Julie Cox-Money


Buyer Specialist

 The Rivers Team

Keller Williams Realty


Comments (1)

Ralph Gorgoglione
Maui Life Homes / Metro Life Homes - Kihei, HI
Hawaii and California Real Estate (310) 497-9407

Great post.

Thanks for the info.

Ralph Gorgoglione
Los Angeles Real Estate

Jan 15, 2010 12:58 AM