Real Estate Outlook: Reading the Numbers
by Kenneth Harney, March 1, 2010
When it comes to the current housing recovery, never assume the path leads straight up.
That's just not the way it's playing out.
Construction spending falls to 2003 levels
Report shows spending fell 0.6 percent to $884.13 billion
By msnbc.com staff and news service reports, March 1, 2010
U.S. construction spending fell for a third straight month to its lowest level since June 2003 in January, pulled down by a slump in private nonresidential spending and weak public construction, a government report showed on Monday.
The Commerce Department said construction spending dropped 0.6 percent to $884.13 billion, after falling by an unrevised 1.2 percent in December.
Nab a real estate deal - while you still can
BY Beth Braverman, March 2, 2010
(Money Magazine) -- If you've been holding off on a real estate purchase, glimmers of a turnaround in the housing market may have you wondering if it's finally time to make your move.
While home prices remain low, they're no longer free-falling in most markets.
