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It appears that single-family housing starts bottomed in January of this year. Single-family starts in July were 37 percent above the January low - based on the seasonally adjusted annual rate (SAAR). How does this compare to previous housing recoveries? Click on graph for larger image in
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Regarding housing recovery

deflumeri | August 18, 2009, 5:03 pm

How is it possible that there could be a housing recovery at the same time that analysts are predicting 2 Million more foreclosures? Doesn't make sense! John DeFlumeri Jr