New Normal for Homebuilding?
Nobody needs to be reminded that homebuilding is a highly cyclical business. However, each cycle also has its own characteristics, nuances and trajectories. Certainly, our most recent cycle, which both rose and collapsed in spectacular fashion, is imprinted in our collective memories due to its recency and magnitude. What lies ahead? To find the answer to this question, perhaps it could be instructive to look a little further back in history.
About author
You might also like
2015 Housing Forecasts
Bill McBride of Calculated Risk summarizes what 2015 will look like in the new home market according to a number of different sources including Goldman Sachs and Fannie Mae. General
Single-Family Starts Strong in December
The seasonally adjusted annual pace of single-family starts came in at 728,000 units for December. This figure is the highest level since March 2008 and a positive sign for the,
Jobs, Good Jobs, and Home Buying
By John McManus Tech pioneer Kodak, headquartered in the upstate New York city of Rochester, employed 145,000 workers in 1988, to manufacture, distribute, and market its film and cameras. Today,
