New Housing Starts Surges in January, 2006
Housing starts set record levels in January as builders capitalized on warmer than normal weather allowed the housing industry to be much more productive than normal. While few experts take this as a sign of renewed vigor in the real estate market, the numbers do poke a hole in the perception that a national housing bubble is imploding.
The Commerce Department reported Thursday that building activity was up 14.5 percent last month when compared to December, pushing construction to a seasonally adjusted annual rate of 2.276 million units.
That was the fastest construction rate since March 1973, but it was expected to be a one-time blip caused by unusually warm weather in January that prompted builders to start work on more homes. Analysts are forecasting that housing construction will slow this year as the nation’s five-year housing boom quiets down. via Yahoo! News.
It will be interesting to see the stats on a regional and metro basis. My guess, most of America saw increases in starts, especially in the southeast. Northeast and the Washington DC areas saw very little improvement along with California.
I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
Great to hear that the big boys
are predicting recovery sooner than
most think.
Thanks for the value! 
I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
I live in the Philippines and I am glad we are not on the lists... 
I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
I see the question I have, but no response. I do not have a for sale sign up ...
I'll add mine to the list too. This is happening in Kansas City, Missouri as well now.
We already knew ...
