Housing Starts Hit New Lows: 4 Reasons They'll Get Worse

Reader Comments

Back to blog

I think this is just more unwarranted gloom and doom. Interest rates are now hitting record lows, and banks are now seeing a big upswing in mortgage activity. With the new Obama administration now leaving the launching pad with a focus on economic recovery, expect to see new initiatives aimed directly at housing and especially building, since new construction will support a wide multitude of American industries.

of NY 1:32AM January 24, 2009

Is it not also true that many immigrants who actually built the last wave (2003-2006) of houses WENT HOME?

of 11:53AM January 22, 2009

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Back to blog

The Home Front

The Home Front

Associate Editor Luke Mullins tracks the treacherous housing market and explains how to unload a five-bedroom McMansion or even find that dream home.

advertisement

advertisement