Home prices are based on supply and demand and overall home supply looks headed for a fall. Sellers are poised to regain negotiation leverage.
Tag: Housing Starts,Building Permits
Housing Starts Data Much Better Than The Headlines Would Have You Believe
Newspaper stories can be misleading sometimes — especially with respect to real estate. We saw a terrific example of this Wednesday.
Single-Family Housing Starts Fade In July
Sometimes, you need to look deeper than the headlines to get the news that matters. This basic truth’s latest example comes from the July Housing Starts data, as published by the U.S. Census Bureau.
Good News For Sellers : Housing Starts Fall To 1-Year Low In May 2010
Single-family housing starts plummeted to a one-year low in May, just 30 days after soaring to a 20-month high. It’s no wonder home builders are confused.
Follow Jerry!
