[psteach]

I drive by this area every day, and I noticed that work on this project after grading has pretty much come to a halt in the last couple weeks–in fact, I noticed that about a number of projects around the area. I wonder if Shea is holding off a bit, given the market, or whether this delay is just a normal part of construction. It seems as if it would be smart for them to delay if they can afford it, as it doesn’t seem to me as if homes around the area are being snapped up by eager buyers.

In fact, I wonder about the two much smaller “luxury home” developments off La Costa in that same area. There, construction continues, and a few seem to have sold, so maybe the Leucadia market is stronger than I think.
Sign twirlers are out every weekend, though!

[psteach]

I drive by this area every day, and I noticed that work on this project after grading has pretty much come to a halt in the last couple weeks–in fact, I noticed that about a number of projects around the area. I wonder if Shea is holding off a bit, given the market, or whether this delay is just a normal part of construction. It seems as if it would be smart for them to delay if they can afford it, as it doesn’t seem to me as if homes around the area are being snapped up by eager buyers.

In fact, I wonder about the two much smaller “luxury home” developments off La Costa in that same area. There, construction continues, and a few seem to have sold, so maybe the Leucadia market is stronger than I think.
Sign twirlers are out every weekend, though!

[psteach]

I drive by this area every day, and I noticed that work on this project after grading has pretty much come to a halt in the last couple weeks–in fact, I noticed that about a number of projects around the area. I wonder if Shea is holding off a bit, given the market, or whether this delay is just a normal part of construction. It seems as if it would be smart for them to delay if they can afford it, as it doesn’t seem to me as if homes around the area are being snapped up by eager buyers.

In fact, I wonder about the two much smaller “luxury home” developments off La Costa in that same area. There, construction continues, and a few seem to have sold, so maybe the Leucadia market is stronger than I think.
Sign twirlers are out every weekend, though!

[psteach]

I drive by this area every day, and I noticed that work on this project after grading has pretty much come to a halt in the last couple weeks–in fact, I noticed that about a number of projects around the area. I wonder if Shea is holding off a bit, given the market, or whether this delay is just a normal part of construction. It seems as if it would be smart for them to delay if they can afford it, as it doesn’t seem to me as if homes around the area are being snapped up by eager buyers.

In fact, I wonder about the two much smaller “luxury home” developments off La Costa in that same area. There, construction continues, and a few seem to have sold, so maybe the Leucadia market is stronger than I think.
Sign twirlers are out every weekend, though!

[psteach]

I drive by this area every day, and I noticed that work on this project after grading has pretty much come to a halt in the last couple weeks–in fact, I noticed that about a number of projects around the area. I wonder if Shea is holding off a bit, given the market, or whether this delay is just a normal part of construction. It seems as if it would be smart for them to delay if they can afford it, as it doesn’t seem to me as if homes around the area are being snapped up by eager buyers.

In fact, I wonder about the two much smaller “luxury home” developments off La Costa in that same area. There, construction continues, and a few seem to have sold, so maybe the Leucadia market is stronger than I think.
Sign twirlers are out every weekend, though!

[psteach]

I want to thank all of the above, but especially El Jefe, for explaining what to the layman seems irrational business strategy. Next time I drive through, I feel like I know better what’s going on. This is a great site for an ignorant but interested observer (such as myself) for understanding what’s happening in the area.

[psteach]

Thanks, guys. You all added factors that I wasn’t considering–I was just worrying about interest rates and contractor availability. I’ve got to get away from the warm and fuzzy and be a little more hard-headed. Its too expensive a proposition to jump into just because of dreams of my visiting in-laws isolated in their own little wing. (Just joking–they’re not that bad, and maybe close quarters does shorten their visits.)

You’ve verified my high opinion of this blog.

[psteach]

Thanks, guys. You all added factors that I wasn’t considering–I was just worrying about interest rates and contractor availability. I’ve got to get away from the warm and fuzzy and be a little more hard-headed. Its too expensive a proposition to jump into just because of dreams of my visiting in-laws isolated in their own little wing. (Just joking–they’re not that bad, and maybe close quarters does shorten their visits.)

You’ve verified my high opinion of this blog.

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