Quote:
Originally Posted by marlinguy
OK swami's, tell me. Will the "building program" ever come back?
Probably not as from here on out the supply will always be behind the demand regardless the season or economic environment.
If sales start to lag production (I know, I know) will prices be adjusted under the guise of tweaking a floorplan and calling it a "new model" ?
SAles lagging production...has never been an issue here in TV. During TV "slow" time they were adjusted down to 200-250 homes being sold/closed per month. A rate any developer in the USA would love to have as there regular business let alone slow!!! This is a very different market than most experience would support.
Will Premier homes ever be built again?
Premier homes are still in the product line and being sold/bought/built as we type here. What may change if it hasn't already is the ability to choose ones lot and build "your" premier. They will do as they have in the past with limited avaialability and high demand.....build most likely configured and equiped Premiers then when they are done (like a new street all done) buyers on a list will be notified and given a choice of one like they wanted and given a day maybe two to say yes or no.
Thank all of you swami's (Tarot Card Reader experience also accepted)
Marlinguy
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The language is not really all that different here. Nothing more than a super supply and demand scenario that is being very well managed by a very customer oriented successful business entity.
After build out it is anticipated the demand will continue or even become more intense as the home availability becomes limited to re-sales only and the baby boomer demand continues to grow. As a result one can anticipate increasing property values = higher sales prices to new consumers.
The opportunity to buy at a ower than usual price has just recently ended for both new and re-sale. The last 12-24 months were the best opportunities to get some very nice values....before the increases started up again.
btk