Materials for construction are part of a world market, and the demand created in Louisiana is virtually insignificant. A large part of the reason why materials will go up are related to futures markets on commodities.
More Quotes from Alan Nevin:
The slowdown in November will give builders an opportunity to clear out their standing inventory. We anticipate that 2005 will conclude with figures matching 2004, which was a very good year for the industry.Alan Nevin
It's all in the affordable sectors. We don't see any major gains taking place in that area because the barriers to entry are so great throughout the state.
Alan Nevin
It's a great time to buy a condo.
Alan Nevin
I just think it's spring. Basically, there are people who have property and want to start (work) knowing they have a full year of good weather.
Alan Nevin
California cannot continue to sustain skyrocketing housing prices that have ballooned over the last few years. The industry has been moving at a torrid pace to keep up with demand, but we expect prices will finally level off to a manageable level.
Alan Nevin
The reality is, Bakersfield is just at the beginning of its growth pattern.
Alan Nevin
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