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I have been reading some of the stupid ideas for new gun laws. Most of the authors would not know a gun from a sharp stick. 1.5 million guns were sold last month.
 
Recent home builder comments.
  • Atlanta builder: “Someone turned out the lights on our sales in June!”
  • Austin builder: “Sales have fallen off a cliff. We’re selling 1/3 of what we sold in March and April. Trades are more willing to negotiate pricing since market has adjusted significantly past 60 days.”
  • Birmingham builder: “Sales have fallen 75% the last two months in a further out community.”
  • Boise builder: “Sales have slowed tremendously. Builders are dropping prices and halting new starts. Seeing prices drop on labor due to slowing of home starts. Expecting 15% to 20% reduction in most costs.”
  • Charlotte builder: “This recession is looking like and feeling like a big long five year depression.”
  • Colorado Springs builder: “Amazing how fast a market can change with such a rapid increase in rates. So many people were taken out of the market. Most builders will go to suppliers/trades and ask for rollbacks [on costs].”
  • Dallas builder: “Framing labor has become readily available, suggesting housing starts slowdown is finally showing its typical signs. Haven’t raised prices in 3 months.”
  • Des Moines builder: “Starting to see [construction] trades hold labor prices for us as they are fearful of a downturn.”
  • Fort Myers builder: “Investor sales have stalled.”
  • Grand Rapids builder: “Believe we’re on the edge of cost reductions. Making every effort to refuse further [cost] increases and pushing for decreases in all areas that have seen significant two year run up.”
  • Greenville builder: “Traffic has slowed from red hot. Feels different for sure, but it’s more like a normal market.”
  • Harrisburg builder: “Sales decreased to 50% of what they were 3 months ago. Traffic is down and we’re only moving spec homes after dropping prices. No one is buying to-be-built homes at this time.”
  • Houston builder: “With the exception of concrete, [construction costs] appear to be stabilizing. Lumber is trailing downward, which is good because we’re going to need that reprieve for buying down mortgage rates to get buyers qualified.”
  • Kennewick builder: “Sales have been very slow, and inventory is rising. Repricing our houses to try and find the new market.”
  • Melbourne builder: “Our investor sales have stalled.”
  • Nashville builder: “Scary times. Hoard cash and hang on for the ride! National builders are cutting staff and offering buyers incentives. Move-up buyers are now practically non-existent due to rising rates in comparison to their existing rate.”
  • Phoenix builder: “Some builders are already cutting staff. Cancellations are extremely high. Dismal traffic and sales climate.”
  • Reno builder: “With the market slowing, we’re expecting to see costs stabilizing and labor become more available.”
  • Riverside-San Bernardino builder: “We’ve reached the top in pricing.”
  • San Diego builder: “Fewer people in the market than before, but we are comparing against a market that defied any sense of normality.”
  • St Louis builder: “Expecting to see opportunities for lower costs coming in the near future as demand cools and manufacturers and trades see backlogs shrinking.”
 
I believe things have slowed but I dont think prices have dropped on labor. Only the big developers have slowed, the little guys are going strong until they are bankrupt
 
Morning. Had a busy night at our council meeting. I spoke about a $587,000 landscape contract where the work isn't being done, but being paid full amount. Heads are rolling, and public works director got his head put in a chopping block.
I love starting ****.
 
Saw that bitch Liz Cheney is on TV. Should be the end of her in congress. Polls say she might get 30% of the vote in her primary.
 
What do you all think... if we win the house and senate in November substantially, will that **** Pelosi QUIT....
 
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