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  |  Real estate

US Housing Starts Illustrated: 50 Year Low


Source: United States Census Bureau.

While housing starts – the number of homes on which construction has been started – have gone up and down since 1959, no year has come close to being as low as 2009. While predictions for 2010 are somewhat improved, you can count on fewer new homes being available in 2010 and 2011.

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  • http://www.phoenixrealtyfinder.com/ Greg Sidoff

    It is such a shame that the real estate market had to get to a point like this. Hopefully if the economy starts to look better it will give a push to the market. Real Estate has lost so much credibility lately something needs to happen for a positive change.

  • http://www.boscommercialmanagement.com/ Frank Rizzi

    Very interesting statistics. Its a shame there is such a negative connotation around the Real Estate Market right now. Only time will tell I suppose as to how long the market will be in a slump like this. Lets hope it pulls out and through soon.

  • http://www.boscommercialmanagement.com/ Frank Rizzi

    Very interesting statistics. Its a shame there is such a negative connotation around the Real Estate Market right now. Only time will tell I suppose as to how long the market will be in a slump like this. Lets hope it pulls out and through soon.

  • michaelnaki

    yes it's very interesting statistics. is it improve by now?

  • http://www.outofpawn.com/ Brad Holmes

    Sad to see the economy is flopping and we definitely need a positive change in the real estate market.

  • http://bryantmaroney.podbean.com/ Seventh day Adventist

    Excellent post, thanks for sharing!

  • http://fishingjustbcause.com Amanda

    I think a lot of it also has to do with the perception and fear that people have about the industry. No one wants to sell their homes and instead so many are going into foreclosure trying to “hold on” b/c no one's buying. The fact is people will always be buying, so weather it's your home for sale or your foreclosed property……

  • http://honeybeekeeping.webs.com ken

    Sad sad sad.

  • http://honey-beekeeping.blogspot.com jenny

    Hopefully everything will go back to normal

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  • http://www.arizonatile.com/ arizonatile

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  • jacobreynolds

    This is a pretty shocking illustration. I know in Southern California they have just about occupied every decent stretch of land already. However this is really an unfortunate thing and I hope our “new” president can turn things around!

  • http://www.ultraluxfx.com Jerrold Atlanta

    C'mon America, lets get this country turned around! It all starts with cities, then states, then federal, we need political reform and created opportunities for jobs which leads to housing eventually

  • http://www.nseries-themes.com bluffy

    Real estate of lately has lost faith from all investors, add to that the financial crisis that has led to downfall of the sales of houses.

    Hopefully this financial year looks promising.

  • http://snipsly.com/2010/02/17/www-netspend-com-%E2%80%93-netspend-account-login-reload-and-balance-check/ netspend

    I agree. Companies are sitting on cash because either they know something else may come to weaken the economy further such as commercial properties or there is something else they know about that we don't.

  • http://www.arizonatile.com/ arizonatile

    Arizona Tile is the Southwest premier tile retailer.
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  • http://indexmetals.com Johnkitty

    The statistics not accurate at all. They are just theories. In fact, everything is being improved gradually with positive trend. But the prices of those keep increasing rapidly.

  • http://caraccessories.ph Clarie, LA Car Accessories

    The economy is dropping..i hope the real exchange market will improve someday.

  • http://caraccessories.ph Clarie, LA Car Accessories

    **Real Estate not real exchange

  • http://www.freesleepinfo.com/ Effects of Sleep Deprivation

    Very true. I looked up the value of my home and it has decreased to 1.9 million from its original 3.5 million two years ago. I can still probably sell it for the high 2 millions though.

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    hi, i think it is very good point