Exciting News!! - Housing Starts Rise in 8 Months Out of 9 This Year
By Stephanie LeFew, Making Real Estate Easy for You-It's all about You
(Coldwell Banker, Tampa FL)
Housing Starts Rise In 8 Months Out Of 9 This Year Housing Starts on single-family homes gained last month, marking the 8th time that's happened this year.A "Housing Start" is a home for which the foundation has been excavated and, considered alongside other key market metrics, September data suggests that the housing market stabilization is complete.Momentum in housing is overwhelmingly positive: Homes under contract are soaring National home supplies are way down Home values are up in a lot of markets Despite the positive news, the press is calling September's Housing Starts data a "bummer". Citing a drop in monthly building permits, the media purports that housing will slow in the months ahead. The conclusion may be right, but the rationale may be wrong. The probable cause for fewer ...
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