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More - Michael Carliner Quotes

There may have been a little over-enthusiasm trying to serve the high end previously, but we haven't seen any evidence the high end is having problems. We have also seen some national builders trying to buy market share by pricing more aggressively. - Michael Carliner Quotes

There may have been a little over-enthusiasm trying to serve the high end previously, but we haven't seen any evidence the high end is having problems. We have also seen some national builders trying to buy market share by pricing more aggressively.

Michael Carliner

The biggest factor (in raw material costs) is we're at record levels of residential construction. - Michael Carliner Quotes

The biggest factor (in raw material costs) is we're at record levels of residential construction.

Michael Carliner

Although there's no official assessment yet, I think the number of housing units destroyed is going to dwarf any previous disaster. Hurricane Andrew was estimated at 28,000 homes destroyed. The number of homes that are flooded now, that are probably beyond repair, is probably much larger. There are 200,000 homes in New Orleans alone. - Michael Carliner Quotes

Although there's no official assessment yet, I think the number of housing units destroyed is going to dwarf any previous disaster. Hurricane Andrew was estimated at 28,000 homes destroyed. The number of homes that are flooded now, that are probably beyond repair, is probably much larger. There are 200,000 homes in New Orleans alone.

Michael Carliner

I don't want to overstate it but this is such a huge event it's bound to have a big effect on many construction materials and other construction costs. This is 10 times worse than Hurricane Andrew, when 28,000 homes were destroyed. - Michael Carliner Quotes

I don't want to overstate it but this is such a huge event it's bound to have a big effect on many construction materials and other construction costs. This is 10 times worse than Hurricane Andrew, when 28,000 homes were destroyed.

Michael Carliner

It's going to divert some key materials. It's going to have an effect on building elsewhere. A lot of the areas that were hit are areas that produce wood products. - Michael Carliner Quotes

It's going to divert some key materials. It's going to have an effect on building elsewhere. A lot of the areas that were hit are areas that produce wood products.

Michael Carliner

I think we're about to face a glut. There's been a tremendous surge of condo construction and also condo conversions over the past couple of years. - Michael Carliner Quotes

I think we're about to face a glut. There's been a tremendous surge of condo construction and also condo conversions over the past couple of years.

Michael Carliner

It's not unusual when you first start to see the beginnings of a rate increase, that the immediate effect is an acceleration of sales as people try to lock in the lower rates, - Michael Carliner Quotes

It's not unusual when you first start to see the beginnings of a rate increase, that the immediate effect is an acceleration of sales as people try to lock in the lower rates,

Michael Carliner

In most hurricanes, you're talking about wind damage, lost roofs -- that kind of thing. Flooding is much more insidious. Structures are still standing, but there are devastating effects. With the dirty water, it may never be possible to repair it. You'll have to rebuild, or at least gut it. - Michael Carliner Quotes

In most hurricanes, you're talking about wind damage, lost roofs -- that kind of thing. Flooding is much more insidious. Structures are still standing, but there are devastating effects. With the dirty water, it may never be possible to repair it. You'll have to rebuild, or at least gut it.

Michael Carliner

[Only after that will contractors turn to rebuilding, and] that takes a long time, ... A lot of people who get insurance money for rebuilding don't do so -- they just move someplace else. - Michael Carliner Quotes

[Only after that will contractors turn to rebuilding, and] that takes a long time, ... A lot of people who get insurance money for rebuilding don't do so -- they just move someplace else.

Michael Carliner

It's not so much profiteering as panic buying out of fear there will be shortages later on. - Michael Carliner Quotes

It's not so much profiteering as panic buying out of fear there will be shortages later on.

Michael Carliner

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