Could we end up with a housing shortage?

Posted by on Aug 4, 2010 in Blog, Market Updates | 0 comments I just read this article at SmartMoney.com about the possibility of a housing shortage in the future.  This is not something you’d think could happen; particularly when so many people are having trouble selling their homes.   When you step back and think about it, it does make sense.  Right now only about 600,000 new homes are being built each year, but we need about 1.3mil to 1.4mil...
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New Homes Sales Were Strong in March, But Not As Strong As The News Would Have You Believe

Posted by on Apr 27, 2010 in Blog, Market Updates, Mortgage Rates, The Economy | 0 comments The sales of newly-built homes soared in March. Even more than what was expected. But the news may not be as glowing as what the media is telling us. Take a look at the headlines from last Friday: Sales of new homes rocketed up 27 percent in March (WaPo) New-home sales rise fastest in 47 years (CNNMoney) Sales of New Homes Climb by Most Since 1963 (Business Week) None of these statements is...
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