prices: Buy now or wait for new construction
- 10/03/11 09:23 AM
INFO THAT HITS US WHERE WE LIVE...Oneresult we care a lot about is a turnaround for new homes. Wehaven't attained it quite yet, with New Home Sales down 2.3% in August,at a 295,000 annual rate. This keeps them in the territorythey've occupied since May 2010, but there were some good signs inthe report. The inventory of new homes for sale fell to its lowestlevel on record. At the same time, the inventory of homes not yet startedwent up the most it has in nearly five years. Some economists say this may indicate home building is close toturning back up. The FHFA … (0 comments)
INFO THAT HITS US WHERE WE LIVE...Oneresult we care a lot about is a turnaround for new homes. Wehaven't attained it quite yet, with New Home Sales down 2.3% in August,at a 295,000 annual rate. This keeps them in the territorythey've occupied since May 2010, but there were some good signs inthe report. The inventory of new homes for sale fell to its lowestlevel on record. At the same time, the inventory of homes not yet startedwent up the most it has in nearly five years. Some economists say this may indicate home building is close toturning back up.
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