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NAHB Housing Market Index
, highest level since June 2007, vs. 30 expected and 28 (revised) prior. "While builders are still very cautious at this time, there is a sense that many local housing markets have started to move in the right direction and that prospects for future sales are improving," notes NAHB Chairman Barry Rutenberg.
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I think some really smart people are going to buy foreclosed large homes. Then turn them into residents for the seniors who have been hit by tremendous increases in living cost ( extremely high inflation) and now find social security doesn't go as far as it should. I am talking about real apartments in homes not a nursing home.
These people myself included will be forced out of their homes and will need just what I am refering to.
Mar 20, 2012. 08:38 AM
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