Housing construction

By
Real Estate Broker/Owner with RealEstate911.com Bk3232858

Buffett told CNBC on Monday that housing construction is "in a depression, not a recession" because there is still an oversupply of homes.

http://www.businessweek.com/ap/financialnews/D9R0GGB02.htm

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James Loftis

Real Estate 911 Inc  Broker/Owner

Hollywood,FL 33024

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Rainmaker
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Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

James

I would agree with you the new home industry is in far more the a recession and it take another 3 to 5 year for the building industry to work it's way out of it.

Good luck and success.

Lou Ludwig

Nov 15, 2011 07:38 AM #1
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