Comments on: The first significant builder “transition” in Charlottesville http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/ Tracking Charlottesville's Real Estate Market since 2005 Thu, 18 Mar 2010 20:30:38 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Church Hill, Weather Hill - Who’s Next? | Real Central VA http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/comment-page-1/#comment-20350 Church Hill, Weather Hill - Who’s Next? | Real Central VA Wed, 31 Dec 2008 21:13:17 +0000 http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/#comment-20350 [...] Wade saw the writing on the wall and transitioned out of the new construction space in November of 2.... [...] [...] Wade saw the writing on the wall and transitioned out of the new construction space in November of 2…. [...]

]]> By: Battle for the Buyers - Builder vs. Private Seller | Fredericksburg Real Estate http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/comment-page-1/#comment-14219 Battle for the Buyers - Builder vs. Private Seller | Fredericksburg Real Estate Sun, 09 Mar 2008 22:46:50 +0000 http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/#comment-14219 [...] read an interesting article today on RealCentralVA.com about builders in the Charlottesville area. The article is primarily speaking about the financial [...] [...] read an interesting article today on RealCentralVA.com about builders in the Charlottesville area. The article is primarily speaking about the financial [...]

]]> By: TrvlnMn http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/comment-page-1/#comment-10852 TrvlnMn Mon, 26 Nov 2007 02:01:21 +0000 http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/#comment-10852 <blockquote><i>These are not lost jobs that can be picked up elsewhere - everyone is cutting the jobs - and these will affect the wider economy, perhaps significantly as the snowball picks up.</i></blockquote> I think it depends on the job. Certain jobs in the construction industry were always going to be in decline as evidenced by the construction industry's willingness to hire non-citizen labor to suppress wages and increase profits. That labor pool will move on to other industries. Another way the construction industry (at least nationally) is transitioning is to switch focus from residential to commercial. Of course locally there is already too much of that, so that probably isn't an option here. How many other industries had boom and bust cycles (many taking the hit from overseas outsourcing)? I guess it was only a matter of time before the construction industry had it's bust. The first rule for the average worker, if you are labor (that is you are employed by someone else) and earn a decent amount of money, is "in the United States all the good jobs go away."

These are not lost jobs that can be picked up elsewhere – everyone is cutting the jobs – and these will affect the wider economy, perhaps significantly as the snowball picks up.

I think it depends on the job. Certain jobs in the construction industry were always going to be in decline as evidenced by the construction industry’s willingness to hire non-citizen labor to suppress wages and increase profits. That labor pool will move on to other industries.

Another way the construction industry (at least nationally) is transitioning is to switch focus from residential to commercial. Of course locally there is already too much of that, so that probably isn’t an option here.

How many other industries had boom and bust cycles (many taking the hit from overseas outsourcing)? I guess it was only a matter of time before the construction industry had it’s bust.

The first rule for the average worker, if you are labor (that is you are employed by someone else) and earn a decent amount of money, is “in the United States all the good jobs go away.”

]]> By: Jim Duncan http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/comment-page-1/#comment-10847 Jim Duncan Sun, 25 Nov 2007 13:58:12 +0000 http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/#comment-10847 cvilleman - Thanks for the comment and for stopping by. I disagree. They also used that sales center to market all of their other developments in the area - it was a centralized place from which to market. I'd be surprised if they don't start cutting more and more. cvilleman -

Thanks for the comment and for stopping by.

I disagree. They also used that sales center to market all of their other developments in the area – it was a centralized place from which to market. I’d be surprised if they don’t start cutting more and more.

]]> By: cvilleman http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/comment-page-1/#comment-10731 cvilleman Sat, 24 Nov 2007 18:42:50 +0000 http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/#comment-10731 I think Ryan Homes closed their office on the Downtown Mall because its main purpose was to serve as a sales center for Cherry Hill, one of their communities. Once the model home opened at Cherry Hill, there was no need for the sales center. I think Ryan Homes closed their office on the Downtown Mall because its main purpose was to serve as a sales center for Cherry Hill, one of their communities. Once the model home opened at Cherry Hill, there was no need for the sales center.

]]> By: Lonnie http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/comment-page-1/#comment-10587 Lonnie Fri, 23 Nov 2007 18:05:49 +0000 http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/#comment-10587 I don't know much about Wade or his building practices, but I'm not sure that him going out of business is a good thing even for those of us advocating more sustainable growth. When a market goes belly up, as this one seems to be doing, then those builders who are left are for more likely to "cut corners". That means that not only will volume go down, but also the <i>quality</i>. It'll be hard to convince builders to go the extra mile to be sustainable in their practices, or go green, if they're just trying to hold their heads above water. I don’t know much about Wade or his building practices, but I’m not sure that him going out of business is a good thing even for those of us advocating more sustainable growth. When a market goes belly up, as this one seems to be doing, then those builders who are left are for more likely to “cut corners”. That means that not only will volume go down, but also the quality. It’ll be hard to convince builders to go the extra mile to be sustainable in their practices, or go green, if they’re just trying to hold their heads above water.

]]> By: Jim Duncan http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/comment-page-1/#comment-10539 Jim Duncan Fri, 23 Nov 2007 12:45:09 +0000 http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/#comment-10539 The human loss - a couple of reasons - Wade's been a leader within the community for many years. While he's not leaving the community, he is leaving the building community and cutting a lot of jobs (which has apparently already been done). These are not lost jobs that can be picked up elsewhere - everyone is cutting the jobs - and these will affect the wider economy, perhaps significantly as the snowball picks up. Fluco - I'm not - Hauser/Stonehaus is continuing to build at a fairly rapid pace. It's harder for them to stop their machine. An enterprising and callous soul might see an opportunity to place odds on which builder will go next. I hadn't seen until the HooK's story that Ryan Homes had closed their downtown office. The human loss – a couple of reasons – Wade’s been a leader within the community for many years. While he’s not leaving the community, he is leaving the building community and cutting a lot of jobs (which has apparently already been done). These are not lost jobs that can be picked up elsewhere – everyone is cutting the jobs – and these will affect the wider economy, perhaps significantly as the snowball picks up.

Fluco –

I’m not – Hauser/Stonehaus is continuing to build at a fairly rapid pace. It’s harder for them to stop their machine.

An enterprising and callous soul might see an opportunity to place odds on which builder will go next. I hadn’t seen until the HooK’s story that Ryan Homes had closed their downtown office.

]]> By: Fluco http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/comment-page-1/#comment-10504 Fluco Fri, 23 Nov 2007 04:14:41 +0000 http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/#comment-10504 I'm surprised that R.D. Wade made headlines before Hauser Homes. I heard about the latter calling it quits several weeks before the former. I hope salespeople have their fingers on the pulse of things in C-ville because I have to believe that these former uber-builders will be offering big discounts to liquidate available inventory. In fact, I'm sure of it. I'm seeing it in Fluvanna. I’m surprised that R.D. Wade made headlines before Hauser Homes. I heard about the latter calling it quits several weeks before the former. I hope salespeople have their fingers on the pulse of things in C-ville because I have to believe that these former uber-builders will be offering big discounts to liquidate available inventory. In fact, I’m sure of it. I’m seeing it in Fluvanna.

]]> By: TrvlnMn http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/comment-page-1/#comment-10469 TrvlnMn Thu, 22 Nov 2007 01:27:05 +0000 http://www.realcentralva.com/2007/11/21/the-first-significant-builder-transition-in-charlottesville/#comment-10469 <blockquote><i>...from the human perspective, it’s quite a loss.</i></blockquote> Okay, I'm going to pretend I'm a brick and ask- how so?

…from the human perspective, it’s quite a loss.

Okay, I’m going to pretend I’m a brick and ask- how so?

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