Actual - Real Estate

Ever since the housing craze of 2005 the growing consensus was that the US was going to experience a housing “crash” across the

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

nation that would weaken, if not cripple, our economy. Fortunately it looks like it has been more of a soft landing and for the

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

ost part it has been much softer than many experts predicted.

In the Tucson Real Estate market the results of the past few year

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

of activity is finally becoming evident with home values growing just .01% in the first quarter of 2007, according to the Offic

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

of Federal Housing Enterprise Oversight. In a new article on CNN.com from yesterday (May 31, 2007), the National Association of

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

Realtors cited home prices in the Tucson market declining 2.5% from one year ago.

This isn’t really a surprise; there are more

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

han TWICE as many active listings right now than there were two years ago. In April 2005 there were 3,493 active listings. Last

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

onth, April 2007, there were 10,185! The Days on Market (DOM) for homes has increased from 37 days to 67 days.

It wasn’t uncomm

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

n in 2005 to have multiple offers on a home within days of it being on the market. Homes are now sitting on the market much long

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

r, but to be completely honest, this market is a much more reasonable one. It is much more of a normal market than we experience

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

in the 2005/2006 period but the prices of homes have not yet come to reflect that. Many homeowners still believe, or want to be

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

ieve, that their home can fetch the same types of prices that were being fetched a couple years ago.

What should, and will happ

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

n, is that as the market becomes more saturated with homes, prices will HAVE to come down. It is simple supply and demand. There

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

is a small percentage of active listings in Tucson with owners who don’t necessarily need to sell right now, they are “feeling”

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

ut the market to see if they can still attract the high-dollar offers. Investor homes are also still hanging around in the marke

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

but for the most part they have come and gone.

The bottom line is, many people in Tucson ARE trying to sell their homes. To re

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

ain competitive in the market with so many other comparable homes for sale I think we will begin to see a combination of the fol

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

owing:

* seller incentives

* price reductions

* more buyer-friendly contract terms.

I think that in the next 4-6

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

months we will see a slight median price decline to bring the market more in line with what it should be. Tucson has been slowly

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

morphing into a buyer’s market for the past 6 months or so and I believe that in the coming months this will become more evident

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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There has been a death in our society that has yet to be noticed- the death of common sense. Think of how much easier life would be if people used common sense to guide their decisions and actions. We don't need more strategy and innovative solutions to make business run more effectively. We need more common sense.

There are a lot of business models out there for improving your management skills, but let me offer you one you've probably never tried. Find five dachshunds - the more misbehaved the better - and take them for a walk through your neighborhood.

Investing money anywhere is a risk, online its higher risk but the highest risk of all comes not from investing. The real threat comes to those who expose scam sites. Read on and learn of my own sorry tale of how trying to promote safety has put me at greater risk.

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Actual - The Tucson Real Estate Market Has Finally Plateaued - What's Next?

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