"Roger" wrote in message
...
On Thu, 14 Dec 2006 23:18:05 -0500, "Peter Dohm"
wrote:


"Morgans" wrote in message
...

"Peter Dohm" wrote

Stay tuned, the same voting block has been moving in. However, you
may
get
a repreive for a few years due to the end of the current real estate
boom.

True, I had not considered the Flor-idiots that have been moving to NC
in
record
numbers.

As far as the current real estate boom ending, it sure has not ended
around my
area, yet. Builders have a hard time finding enough skilled tradesmen.
--
Jim in NC

The building boom is still continuing here as well--even though we
already
have more than is needed. Land is now so expensive that single family
home
construction is mostly limited to high end construction. Also a lot of
people are leaving for greener pastures, due to high purchase costs and
the
related high taxes and insurance costs.

I don't know, but presume, that the shortage of skilled tradesmen is at
least as bad here--due to the high cost of lodging.

I met a developer (at an antique car show) who told me that it takes
about
seven years, from the completion of planning to the completion of
construction and occupancy. I am not positive, but presume that is for a
medium sized project--so you can see that the housing market must (almost
by
definition) fluctuate between under supply and over supply.

That'd be for a custom designed and relatively elaborate home. Most
are of the cookie cutter variety. There are thousands of ready made
plans that can easily have minor mods done. We had a custom home
built quite some years back and it took less than a year from the
beginning talks to being moved in.

Most of our larger subdivisions are like that even with home running
near a million dollars. They really move through those inexpensive
300 to 500 thousand dollar ones. :-))

I'm retired. Even the cheap ones are out of my bracket.

Now to develop a subdivision with the required studies would, or could
easily take years and if some one on the planning board, EPA, or local
DNR has it in for you then figure on a few court dates as well.

His remarks refered to the development of subdivisions. A small one might
be all one type, meaning apartments, townhouses, or single family
homes--although even some of the smaller developments are currently a mix of
commercial (on the first floor(s)) and apartments above. Increasingly,
medium and larger developments include shopping, professional offices, and
one or two of the housing types. Basically, even medium sized developments
have taken on characteristics of planned communities--which I personally
dislike because of the restrictions, and added costs, placed on the
individual unit owners.

He was definitely not talking about the construction of a few individual
units--whether on spec or to order.

Peter