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Thursday, November 22, 2007


Dee Copeland

my opinion is that the builders are not trying to get away from lower-priced homes because they don't care. The entry-level market has been saturated for some time now. Since the subprime market is no longer viable, builders need to start expanding on the type of housing product that they provide.

There's still a very good market for homes just above entry-level and smart builders are simply adjusting. We can see that, even though the mortgage market shifted, homes have steadily appreciated in both Austin and Houston.

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