National Association of Home Builders

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I just got this e-mailed to me. I wish I could be as confident as they are. What do you think?

Also, what do you think the “incorporating critical policy assumptions” means?

“NAHB’s housing forecast (incorporating critical policy assumptions) shows systematic improvements in home sales by the second quarter of 2008, improvement in housing starts by the third quarter, maintenance of low levels of manufactured home shipments throughout 2008, and modest declines in the real value of residential remodeling next year. In this forecast, Residential Fixed Investment continues to contract through the first half of 2008 but posts modest growth in the second half of the year.”This is an excerpt of The Seiders’ Report -December 21, 2007- which has been published at HousingEconomics.com. Please make sure you are logged-on when you access this report.Also, look in this report for the Executive-Level Forecast.Not yet a subscriber? Free samples are now available.Subscribe Now!

Sincerely,

Editor

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