Building Binge News Today

Lows where people are looking for a sign before they jump in the water. >> part is psychology and part to be honest is you still have this shadow inventory of all these homes that are still on the market. we went on this building binge over the course of a decade. as a consequence you have a bunch of homes, particularly in states like nevada and florida and california, arizona. the supply greatly exceeds demand. what we are seeing, i think, is that the housing market is beginning to bottom out. ...