From the South Florida Business Journal:
http://southflorida.bizjournals.com/southflorida/stories/2009/10/19/daily4.html?ana=e_bjtt
Extend the First Time Home Buyer Credit!
Metrostudy: Housing Starts nearing Bottom!
I will continue to post articles of interest as the media and organizations strive to predict the real estate bottom and when the industry will establish an uptrend. All I know is that it took a long time to get into this mess with the help of unethical people. And the real estate industry will establish a "new norm" -- when? Since the real estate industry is a fragmented industry with local markets in over 40,000 local municipalities, should we even care about what happens in California and Florida? Yes, we should watch their market trends and new housing start activity. As soon as CA and Fl markets rebound, all other markets will be positively influenced.
Tuesday, October 20, 2009
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