Home builder sentiment is up

Truthmatters

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May 10, 2007
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Home-builder sentiment at best since recession - Economic Report - MarketWatch


iShares home construction index /quotes/zigman/1496092/quotes/nls/itb ITB +2.11% has surged 30% this year.

A separate measure of housing affordability released by the National Association of Realtors said its index hit a record high in the first quarter, based on the relationship between median home prices, median family income and average mortgage interest rates.
 
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  • #3
how fucked it must be for you all to hope for bad news every day that rest of the American people hope for good news like this.
 
Your link is not your friend again...


The reading, though the best since May 2007, is still well short of the 50 level that indicates that more builders view conditions as good than poor.
Housing activity remains depressed after the burst of the housing bubble, as house prices have tumbled by roughly a third.

:lol:
 
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dear idiot the numbers are up and you can not deny that.

Improving economy means your fucked
 
dear idiot the numbers are up and you can not deny that.

Improving economy means your fucked

No, it means Obama's policies are killing us, & in spite of him, the numbers have crept up slightly.

It is WAAAYYYY too early to start running in circles and cheering for Obama.... rather you shuld be cheering that America will survive in spite of the bastard.
 
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The economy is returning to normal.

Your party has done nothing to help this to fruation.

You have fought it at every turn.

Your historically failed ideas have failed YET again right before an election.

Your party is toast
 
The economy is returning to normal.

Your party has done nothing to help this to fruation.

You have fought it at every turn.

Your historically failed ideas have failed YET again right before an election.

Your party is toast

Maybe they could help it to "fruation", if only they knew what "fruation" meant.
 
It Matters not what political party is in power as the laws of supply and demand will set the economy.
Housing will have to see a boom in order for there to be a economic recovery,always been that way and always will.
As long as people have children and we die off at a slower rate the demand will keep increasing. Overcoming the hardship of a low income or credit requirements will be accomplished as new buyers figure out all the necessary requirements, and when the goverment and lendesr realize they need to help home buyers then and only then will there be a recovery.
Frankly I'm suprized that the politicians do not understand this. All Oboma had to do was take his stimulus money and fix the housing market and he would have been a hero.
Why he chose to help those in the auto industry instead is beyond me.
 

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