Tuesday, July 21, 2009

Housing Starts Are Up!

Got some good news from Dale Vermillion this morning during my weekly chat with him. First of all, the housing market is starting to see some life. According to a July 20 article in the American Banker, the number of single family home construction saw a rise in the month of June (about 3.6%). There is still some caution on housing prices but this looks to be a good sign.

Another bit of good news comes from the Washington Post. The government is proposing an option to rent after foreclosure. This can be good news for those facing foreclosure. For more information on foreclosure protection go to www.makinghomesaffordable.com

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