Home prices are down 60% in Las Vegas.  There are 9,517 brand new unsold homes.  5,600 homes were repossessed in the first quarter of 2010.  And yet builders are working on 1,100 more new homes and looking for land to build more!  It makes no sense yet it’s happening.  What are you doing as a building material manufacturer  to be part of this opportunity?  What other unlikely markets are showing activity?  Read the whole story in the New York Times.

Mark Mitchell

Tags: Construction, housing, Las Vegas, New Home, sales

This entry was posted on Sunday, May 16th, 2010 at 6:20 am and is filed under Land, Shared Articles, Uncategorized, housing, marketing, sales. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.