Monday, February 25, 2008

Observations From the Street

The weather was so nice this weekend, the wife and I decided to take baby mohican for a little drive. No better way to celebrate good weather in the suburbs than burning fossil fuels!

Some interesting observations from driving a little bit off the beaten path.

1) We aren't even close to running out of developable land.
2) There are innumerable new homes under construction in Langley / Surrey.
3) There are many "Development Proposal" signs all over the place for new subdivisions that contain 50 - 500 homes. (Bedford Landing, Milner Heights, Yorkson, Copper Creek, Clayton, and more - these are by developers like Parklane, Adera, Morningstar, Solterra, Foxridge, and lots of other smaller developers)
4) There were hundreds of for sale signs, mostly in new home developments. I assume most of these homes for sale are speculators or developers trying to sell their investment. Very few "sold" signs.

What are your observations from where you were out and about this weekend?

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