Economic Headwinds from Real Estate Moderate

Written by Steven Hansen This week we have seen various real estate releases.  What these releases are whispering is that the headwinds are abating – but in perspective, the real estate industry remains a mere shadow of its former self.  One of the reasons for the sluggish USA economic recovery is due to real estate: …

Search For Life Continues in Residential Construction

Although not obvious, residential construction may be reaching a bottom.  For almost the first time since mid 2006, more permits to build housing units were issued then construction completion in the month of January 2011. For over 4 years, there have been more completions than applications to build more housing units.  This has manifested as …