Some Good News for the Housing Market
June 20, 2006 |
May showed a 5% increase in new housing starts according to a recent report. Read about the news from MSN Money.
Wall-Street didn’t exactly go crazy over the news, but that’s okay. It is a good sign that builders are willing to build homes, considering that they only do so if they feel buyers are out there to buy them. Of course, if you ask me, housing starts aren’t quite as important as sales. We shall see what happens when those numbers come out later this month.
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Disclaimer
My name is Daniel Rothamel. I am a licensed real estate agent in the Commonwealth of Virginia and a member of the National Association of REALTORS. As such, I adhere to a strict code of ethics and all laws with regard to equal housing, which is reflected in the content of this blog. My broker is Strong Team REALTORS, 86 Joshua Lane, Palmyra, VA 22963; (434) 589-5800. My VA Real Estate License number is 0225 077325. All of the opinions in this blog are mine, unless otherwise noted.
