New construction increased during November
By admin - Last updated: Monday, December 21, 2009 - Save & Share - Leave a Comment
New construction increased during November
November gains in permits and housing starts are encouraging news for homebuilders. The Commerce Department reports permits up by 6% and housing starts up by 8.9%
An increase in building of residential homes is a positive sign going into 2010 and the increase can be attributed to low mortgage rates and an increase in the banks lending mortgage money.
If you are in the market for a new home now is a great time. New homebuilders are offering incredible incentives and great prices for their homes.