Housing Giants - April 1, 2009 - (Page 5) NEWS// MOVES Maryland Builders See Flickers of Life — Baltimore Sun Uptick Could Be False Hope — Chicago Tribune Spring is around the corner, and home builders in Maryland are seeing more serious buyers walk through their model homes. New housing data shows improvement in the housing market overall, but few are willing to say the market bottomed out. New Construction Projects on Rise In Providence, R.I., Area — WPRI-TV The biggest new construction increase has been in multifamily construction. The World’s Greenest Building? — KGW-TV “This will be the greenest living possible — except for a teepee,” the builder says of Independence Station, a mixed-use development in the Northwest. Las Vegas Builders Adapt to Changes — LasVegasNow.com Fed Buys Securities to Bring Down Cost of New Mortgages — WKRC-TV The Federal Reserve Bank purchased U.S. treasuries to lower the interest rates associated with the securities. Las Vegas is struggling even though other parts of the nation is seeing some uptick in some housing markets. Huntsville, Ala., Housing Market Shrinking — The Huntsville Times Building permits for single-family homes in the Huntsville, Ala., market decreased again. The home builders are being more conservative in their business plans and may see an increase soon. Multifamily Houses and Rentals to Lead Recovery — Forbes The real-estate market is down because housing construction is down, but economists predict that multifamily housing and apartments will lead the recovery possibly before the year is out. Have We Hit Bottom? — Bloomberg TV Bloomberg TV commentators speculate on whether or not the turnaround has begun. Affordability is a big factor. Weak Demand Forces Weyerhaeuser to Close Lumber Mills — Bloomberg Lumber mills in Oregon and Oklahoma are shutting down immediately and reducing lumber output elsewhere to keep with the slow pace of the housing market. 05 04.01.09 HOUSING GIANTS www.HousingGiants.com http://www.baltimoresun.com/classified/realestate/bal-te.bz.md.housing18mar18,0,5539853.story http://www.chicagotribune.com/business/chi-wed-housing-starts-commerce-mar18,0,2385002.story http://www.clipsyndicate.com/publish/video/874313/oregon_builder_plans_greenest_building http://www.clipsyndicate.com/publish/video/873801/housing_construction_helps_jolt_economy http://www.clipsyndicate.com/publish/video/873801/housing_construction_helps_jolt_economy http://www.clipsyndicate.com/publish/video/876143/money_desk_federal_reserve_moves_to_lower_mortgage_rates http://www.lasvegasnow.com/Global/story.asp?S=10031873 http://www.clipsyndicate.com/publish/video/876143/money_desk_federal_reserve_moves_to_lower_mortgage_rates http://www.LasVegasNow.com http://www.LasVegasNow.com http://www.al.com/business/huntsvilletimes/index.ssf?/base/business/1237454179167240.xml&coll=1 http://www.forbes.com/2009/03/18/real-estate-construction-intelligent-investing-recovery.html http://www.forbes.com/2009/03/18/real-estate-construction-intelligent-investing-recovery.html http://www.bloomberg.com/apps/news?pid=20601103&sid=aYuhpVPAVkR4&refer=us http://www.clipsyndicate.com/publish/video/873646/chart_of_the_day_housing_affordability_index http://www.bloomberg.com/apps/news?pid=20601103&sid=aYuhpVPAVkR4&refer=us http://www.HousingGiants.com
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