This Week's Real Estate Outlook Top Stories:
"There are bumps and potholes on the road to recovery, but the Fed expects continued moderate (economic) growth, a gradual decline in the unemployment rate (to about 7 %) and subdued inflation over the next couple of years."
Ben Bernanke
Chairman, Federal Reserve
Commerce Department survey found that permits pulled by builders for future construction on single family homes were actually up in 3 out of 4 major regions of the country.
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