Hey Folks-just a reality check here (Atlanta Georgia).
Last summer we had a lot of inquiries from what I call 'tire kicker', those folks who want to do something (a new project, renovate an existing structure, expand a business, go into a new business venture, etc.). Sadly none of them really panned out - it seems that the sharks were out looking for 30 cents on the dollar (all aspects-land acquisition, property acquisition, civil, architecture, engineering, construction, etc.) and most all went away.
Tail end of last year there was another littler (is that a word?) flurry, promising thing, is this batch folks had more realistic expectations; a few were not just 'tire kickers', but true, valid prospects.
First 2 months of this year, we've already sent out 4 proposals; and we have signed contracts on 2 of them. One even OFFERED to pay a retainer up front (they want their project DONE while it's still springtime).
* I've spoken with my banker friends and they say they have money to lend.
* I've read financial news letters and the amount of savings held in the private sector (businesses) is nearly an all time high.
* I've chatted with my Realtor friends and they are busy putting together deals, acquiring land/properties and starting out roll out packages that have 12-36 month time lines.
I'd say "so far, so good" as this year is starting out.
What's going on where you are? Please share a tidbit or two.
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