I have to infer that's the explanation for the sudden drop.
Brad Hunter
Housing starts are going to slow down because they were running at an unsustainable level, partly propped up by investors.
running
explanation
It's going to put a little wear and tear on, we haven't done that this year yet. We're just going to have to step it up, it's going to be a challenge and we need to show that we're physically fit.
challenge
We just have to be smart and play our game. And look at it as a great way to get ready for the Big Ten.
smart game play great big ready
Builders are running out of developable land. Developers are looking to the northern counties along the Treasure Coast to find large tracts.
treasure running find land
There's an opportunity now to take a large piece of land and use it to address what's probably the most pressing economic development issue in the county, which is affordable housing. Housing that people who make 0,000 a year can afford.
opportunity people development land
The market has shifted. Instead of land prices tending to push upward, more than likely, they're flat or downward.
market land
We're entering a new part of the cycle. We're in the process of returning to reality.
reality process part
Builders are finding that they have to work harder. They have to use different sales tactics to gain market share from competitors.
work tactics gain market share sales finding
These homes are out of reach for a lot of families and young couples. I think there's also a psychology behind this. Buyers think that since there are a lot of good deals now, if you hold out the deals may get better later.
psychology good couples young families
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