Construction Pick Up News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Cash purchases. doesn't it seem like it is a game for the masses but people who have money are making money in real estate? >> it still in many ways is a distorted market. we came off of the aboutest housing recession since the great depression. we have had a lot of distressed inventory and extraordinarily low production and construction. i think, yes, in terms of clearing out the distressed inventory and moving the existing property, it has been driven by that higher-end individual. once we start to see new construction pick up, which is more focused towards that entry-level home buyer, then ...

80% of purchases in vermont are cash purchases. it doesn't look like a gain for the masses, it seems like the people who have money are making money in real estate. >> in many ways, it's still a distorted market. we came off the biggest housing recession since the great depression. we've had a lot of distressed inventory and extraordinarily low production, extraordinarily low construction. i think, yes, in terms of clearing out the distressed inventory, in terms of moving the existing property, it's been driven by that higher end individual. once we start to see new construction pick up, which...