It's starting to make sense to build apartments again because rents are escalating now after a few years of staying flat.

That's really good pricing for a nearly new property, compared to comparable 10- to 15-year-old properties for sale in the area.

Those that rise fastest experience corrections long-term.

They do not want to see any government regulations or control because it limits the profitability. The free market is not doing anything to yield more affordable housing.

We are going to find the worst price corrections in the markets that have had the most explosive appreciation in the last three years. And guess what? Sarasota is one of the top five in the country.

We sure haven't seen anybody talking about this kind of stuff in the last three years. I'd say the love fest in real estate is over.