'08 ahead: good news and bad

January 2008
Home Channel News;1/14/2008, Vol. 34 Issue 1, p6
The article forecasts the housing industry of the U.S. in 2008. The National Association of Home Builders predicts that housing starts will turn around in the second quarter of the year. The Resource Information Systems Inc. anticipated that a growing shortfall of housing will create a rebound effect in 2009. Meanwhile, the largest holder of secondary mortgages Fannie Mae forecasts that the housing market will start stabilizing in the second half of the year with sustained gains in 2009.


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