Liz Ann Sonders, Senior Vice President
Chief Investment Strategist
Charles Schwab & Co., Inc.
Housing starts are on the increase but in the multifamily sector. The market is primarily single family home owners that have lost their home through foreclosure or short sale. The problem is the difficulty in bringing high density housing to the market. The projects driving the starts were on the "shelf". What's next for multifamily housing starts --- a drop!
No comments:
Post a Comment