Question-and-Answer Session
Operator
(Operator Instruction). Your first question comes from Michael Rehaut from JPMorgan Chase. Your line is open.
Michael Rehaut - JPMorgan Chase
Thanks, good morning everyone. First question I had was just if in regional color. Obviously, all the markets essentially that you are in remain pretty weak but are there any markets that stand out in terms of either pricing. Maybe, if you can just talk about which markets you feel are the weakest in terms of price and which on a relative basis perhaps you are a little bit more hopeful on?
Larry Mizel
Michael, I would say it's generally consistent throughout the country, applied in both the positive and the negative.
Michael Rehaut - JPMorgan Chase
Okay.
Chris Anderson
One additional comment, Michael, is if you look at some of the information in our Q, you can look at what has happened with pricing over three-months comparatives and nine-months comparatives and Colorado has actually shown pretty stable from a price standpoint. And some of these markets are little bit in different cycles, Utah showing a pretty significant decline recently versus some of the other markets that have had a bigger decline earlier in the cycle.
Michael Rehaut - JPMorgan Chase
Okay. Thanks for that. Second question, as you guys continue to strengthen your balance sheet, there has been a lot of I guess guesswork, Larry, on the sales side and buy side in terms of when you might be tempted to take a more constructive look on land. Are you starting to nibble in any areas or are you tempted at all? Are you starting to either have more engaged discussions with counterparties? And if so, are there certain areas that you could, geographically where that might be?
Larry Mizel
I would say that it would be a reasonable view that our land group and all the markets, we are receiving information from just about every source whether it's private builders, lenders, competitors. There is billions of dollars of assets for sale and we expect to increase our exposure when the pricing justifies it. But we are open for business, anybody has anything, they want to show us, we are glad to look at it, we are glad to work on it.
And as you see sequential deterioration of the market, then the level of that we would have an interest in transacting continues to move, but we are very much focused and we are active in exploring different types of relationships on different assets. And I think that our patience, we started in 2005 adjusting our business plan, so we can be here to focus on our internal operations, our customer experience and most important, focus on the market conditions.
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