http://www.nahb.org/news_details.aspx?newsID=11078
The HMI was down in July, but the NAHB's Bernard Markstein on MarketWatch's podcast was arguing that record low mortgage rates & home prices ensure a good second half for 2010. He seems to be missing the fact that no matter how low rates & prices are, they won't entice the unemployed & underemployed to buy new homes.
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