TND Tide: Construction Costs - 2003-01-01
Can you be profitable building TNDs? The short answer is yes; the long answer goes back to the issue of dedication and a willingness to suffer the learning curve.

Some developers decide they paid too much for land, so they take it TND. I've seen a developer charge more for a lot, which ended up making the houses cost $30,000 more. You can get into trouble despite healthy demand caused by low mortgage rates.
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Things Are Looking Up - 2003-01-01
Consumer confidence had its first improvement in half a year in November. The Conference Board's index climbed from 79.6 in October to 84.1 the following month.

In October, sales of existing homes rose to their highest level since April. Low mortgage interest rates drove sales to a seasonally adjusted annual rate of 5.77 million units. This sales rate suggests that home buyers are looking to purchase before interest rates rise from 40-year lows.
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