Post by will on Jun 27, 2012 17:14:13 GMT -5
www.calculatedriskblog.com/2012/06/lawler-on-lennar-net-home-orders-jump.html
Housing and construction generally tank in recessions and then lead the economy back out. That hasn't happened this time, and we haven't had much of a recovery from the dumb'ya depression. This may be changing. The article notes that house sales (only a schmuck real estate agent would call a pile of boards a "home" before somebody lives there) are increasing all of a sudden. This could be an anomaly, but it mirrors my own observations that subcontractors are not available because they are busy all of a sudden. I won't hold my breath, but it's good to see some positive news after the last couple months of stagnance. Any more stagnating and the GOP may be rewarded for damaging the country.
Housing and construction generally tank in recessions and then lead the economy back out. That hasn't happened this time, and we haven't had much of a recovery from the dumb'ya depression. This may be changing. The article notes that house sales (only a schmuck real estate agent would call a pile of boards a "home" before somebody lives there) are increasing all of a sudden. This could be an anomaly, but it mirrors my own observations that subcontractors are not available because they are busy all of a sudden. I won't hold my breath, but it's good to see some positive news after the last couple months of stagnance. Any more stagnating and the GOP may be rewarded for damaging the country.