Housing Starts

Today's housing headlines.


The Ne w York Times: "The auto industry is getting sideswiped by the housing crisis."

The Wall Street Journal: "Home sales are rising in some U.S. metropolitan areas where lenders have slashed prices on foreclosed properties."

The Washington Post: "In neighborhoods across the region, a potent recipe is brewing on the front lawns and in the back yards of thousands of homes emptied by foreclosures. The combination of a rainy spring and a flood of the unkempt houses has local governments increasingly concerned about public health and struggling to keep nature at bay. As more people move out, the grass grows taller, the water puddles up and the wild things move in."

Bloomberg: "In the midst of the worst surge in mortgage defaults in seven decades, foreclosures in U.S. towns where soldiers live are increasing at a pace almost four times the national average, according to data compiled by research firm RealtyTrac Inc. in Irvine, California."


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