Phoenix, AZ (PRWEB) January 14, 2009
Markets require transparency to act efficiently; Developer Implode launches a new website (http://www.DeveloperImplode.com) to provide a one-stop source of current real estate related intelligence. News about projects that stumble, stall, fail or implode is lost in the headlines today. Developer Implode's new website offers a simple way to keep tabs on the stress and sort through the fluff.
"Every 12-Step process requires acceptance of the problem" says Jeff Johnstone, President of Developer Implode. Consumers, creditors, employees and fellow development professionals must rely on transparency to determine if a real estate project is a 'go' or 'dead end'. "No body wants to trumpet bad news, but getting the facts; fast and easy about the development community is the goal of Developer Implode. A single source that summarizes the news stories in a visually appealing and simple format so that nothing is lost on our readers" said Johnstone.
If there is an implosion of a development project, the consumer's or industry professional's goal is likely to miss being part of the collateral damage; without missing the story. Developer Implode is a tasteful and fact-forward source for the story and the truth behind the story.
Our sources are industry insiders who truly care about the need for greater transparency and information flow. Healing cannot move forward until the truth is exposed.
Daily updates include: Suspended projects, Canceled Projects and bankruptcy filings of Home Builders, Commercial projects, and General News - Good and Bad.
The media is filled with stories of how the world business climate is faced with challenging economic times today and the experts all warn of more to come. The daily headlines are filled with bailout news for the bankers, insurance companies, auto industry and homeowners faced with foreclosure. The oil sheiks, Wall Street investment bankers and real estate makers are all facing a tough road ahead to climb back up to the multi-billion dollar profits they made in previous years.
While the economy was great, there were plenty of real estate developers - many were able to print money, with no shortage of eager buyers. Now, many of those same eager buyers are bailing on pre-construction deals they made during those silly times. Sophisticated sales launches for new condominium and high-rise projects are now being reinvented with new incentive gimmicks and auctions, to reduce existing housing inventories.
The mission for Developer Implode is to help our readers keep track of the various real estate projects in our communities. Developer Implode promises to keep readers informed on all those large holes in the ground, hiding behind the construction fencing hung with the beautiful renderings of what is to come in hope that the sooner the dead projects are buried, that the Phoenix will rise once again.
Is the end an implosion, or is it the beginning of the next cycle? Read about it in one easy forum at Developer Implode.
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