Thursday, February 21, 2013

Builder Frenzy : Housing Starts At Highest Point In 4+ Years

You can't always believe what you read in the papers. 

Earlier this week, it was reported that Housing Starts dropped in January, with some experts positing that the housing market was getting its come-uppance; that last year's gains were too fast, too soon. What got missed in those headlines, though, was relevance.

Yes, Housing Starts dropped in January 2013. However, once we isolate the Housing Starts data for single-family homes -- the dominant home type for buyers like you and me -- the report looks much different.  Read more...  http://themortgagereports.com/7028/housing-starts-building-permits-truths?utm_source=The+Mortgage+Reports+Blog&utm_medium=email&utm_campaign=77dcc3172c-RSS_EMAIL_TMR

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