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housing market report: Housing Market Will Have Excess Capacity for Five Years - 04/16/10 06:05 AM
On a continued gloomy note, business intelligence company, SNL Interactive interviewed homebuilding space analyst for Stifel Nicolaus & Co., Michael Widner, who predicted that the housing market will have excess capacity for at least the next five years.
If the number of housing starts continues at the current levels then capacity may shrink substantially within three years, but with the predicted ramping up of new housing starts by a number of the major builders, that excess capacity is likely to run for at least five years.
Widner does expect some of the major builders to return to profitability in 2010 and … (2 comments)

housing market report: Tentative Recovery is Spreading Across the Country, maybe.... - 02/25/10 06:07 AM
 
I know that many of you disagree with this, but according to Moody’s economists, the regional economic outlook shows that the economic recovery is gradually making its way across the country. It started in the central core of the country, and spread west first. Now it is beginning to impact the southeast and northeast positively.
The map at the Economy.com website shows a swatch of states “in recovery” down the middle of the country and in the upper northwest. These states include Idaho, Montana, North and South Dakota, Nebraska, Iowa, Missouri, Arkansas, Oklahoma, Texas, Louisiana, Mississippi, Alabama, South Carolina, Tennessee, … (3 comments)

 
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Dave Rosenmarkle

Arlington, VA

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Highland Realty

Address: 5317 Lee Highway, Arlington, VA, 22207

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