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News Update - October 2010

by Buddy Frey

October 2010 - Real Estate News

http://www.youtube.com/watch?v=X5QaG60QgUU

 

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Housing Starts Inch Up

by Buddy Frey

RISMEDIA, October 21, 2010—Nationwide housing starts edged up 0.3% to a seasonally adjusted annual rate of 610,000 units in September, due entirely to a 4.4% gain in the single-family sector, according to U.S. Commerce Department figures. "Builders are cautiously responding to the small improvement they are seeing in interest among potential home buyers," noted Bob Jones, chairman of the National Association of Home Builders (NAHB).

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