With record low mortgage rates there was a spike in home building. It was the largest rise in home building in more than two years, in fact the highest since the collapse of Lehman's Brothers when they filed for bankrupty and we saw the decline in the financial markets. Building permits also shot up. Joseph LaVorgna the chief U.S economist for Deutsche Bank said: see more at http://www.nationalreihomes.com/real-estate-news-blog.html
With record low mortgage rates there was a spike in home building. It was the largest rise in home building in more than two years, in fact the highest since the collapse of Lehman's Brothers when they filed for bankrupty and we saw the decline in the financial markets. Building permits also shot up. Joseph LaVorgna the chief U.S economist for Deutsche Bank said: see more at http://www.nationalreihomes.com/real-estate-news-blog.html
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