November 19, 2006

No bust in South Bay – OF COURSE!

MAKE ‘EM AN OFFER / As they struggle to sell new homes, many builders can’t refuse a bargainer / Overstocked builders ready to bargain
The market is strongest in the South Bay, where developers say they are offering few, if any, price breaks.

A strong resurgence in the technology sector and solid job growth in Silicon Valley are driving continued demand for new homes. “You have higher household income and not as much supply on the market in the South Bay,” Pulte’s Kalmbach said.

This is obvious. Was there any doubt that the South Bay, Silicon Valley, The Best Place On Earth would ever bust?

Click here to post a comment -- Posted by: burbed @ 9:18 am


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