Saturday, March 8, 2008

Apartments No Option For Homebuilders

Switching to apartment construction from homes is not an option right now for residential builders throughout the country, according to the latest survey by the National Association of Home Builders.’The housing market is undergoing a significant correction and that is affecting all segments of the industry, both multifamily and single family, for rent and for sale,’ said NAHB Chief Economist David[...]

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[Source: The Money Blogs]

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