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21Jan2009
Author
Dan Green
Filed Under
Things That Change Mortgage Rates

The #1 Reason Why Homebuilders Expect Recovery In 2010

Even as homebuilders predict pain in 2009 and carry confidence readings in the single-digits, they still expect a rosy 2010, it seems. With current new home inventory at 11-plus months, this is a strange way of thinking. Especially as the growing number of foreclosures dilutes home supply in the nation's largest markets.

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