Small Builders Sacked by Slump

When it comes to woe in the housing market, there's plenty to go around. Tuesday, the National Association of Home Builders said confidence among its members had dropped to its lowest level in more than 16 years. "Builders are actively trimming prices and offering buyer incentives to work down their inventories, but meanwhile there is a large supply of vacant existing homes on the market, and affordability problems persist despite efforts to attract buyers," NAHB chief economist David Seiders...Full Story
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