It all starts with the price of the land. Show me another market that is selling land for 700,000 an acre that's not looking at the ocean. We don't have enough, and it's priced too high.
More Quotes from Dennis Smith:
I think most of the big builders will struggle to meet last year's totals. Any time you have interest rates on the rise, you're going to have higher cancellation rates.Dennis Smith
If they think prices are going to take off again like they did in 2004, they're in for a long wait. That ain't gonna happen. The status of our market is not so dependent on what goes on in Las Vegas this year, but it's dependent on what goes on in California. We've already seen markets over there hit the wall in San Diego and Orange County and other places, too.
Dennis Smith
He tried for the win with the Peterson and he gets put on his back. It's a shame for Jimmy because he's wrestling their kid tooth and nail and he gets pinned at the end. People won't understand when they see that -- it was a really good battle.
Dennis Smith
There was an accelerated move to the downside late last week -- traders were a little too aggressive in their short positions.
Dennis Smith
It may be a smaller vehicle and not as impressive or loud as the shuttle. But it could be able to launch and land within a few minutes.
Dennis Smith
saw some people in distress across the river near the Mexican bank, and that was reported up through Border Patrol channels and relayed to Mexican officials.
Dennis Smith
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Egotist: a person more interested in himself than in me.Ambrose Bierce
There is no maxim, in my opinion, which is more liable to be misapplied, and which, therefore, more needs elucidation, than the current one, that the interest of the majority is the political standard of right and wrong.
James Madison
There were a lot of times where there was a great deal of fodder recorded and played, because there was a market for it - just as there is today. And there were more bad bands than there were good bands - I think that should always be remembered.
Woody Herman