Thursday, January 29, 2009

New Home Starts in Sacramento - Do we really NEED them?

Seems to me that part of the housing problems facing the market today originated from overzealous builders partnered with more than "aggressive" lender types. What do you think? A high percentage of the bank owned properties on the market today have been built in the recent past and purchased from Builders using their "preferred" lender. For my money, the government may want to be more careful than in the past when issueing building permits for new homes... Just my perspective.
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