Builders embrace reality
Mortgage / Home Buyer News
A sign of sanity: Housing stats were down last month. Builders started constructing houses in June at a seasonally adjusted annual rate of 549,000 units. That's a 5 percent drop from the May figure, and a 5.8 percent drop from the previous June.
Keep in mind that the margins of error on those numbers are more
Source: Bankrate.com » Mortgages