My prediction is this: Building permits nationally will drop somewhere around 5 percent, but the Southeast and my markets will be roughly the same as 2005 unless some major events happen, such as a disruption in (the) oil supply.

298

I don't think Lexington is going to have a huge spike (in permits), but I also don't see it having an Atlanta-kind of decline (in recent years) of 35 percent either. It's a very stable market.

145