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Conditions look favorable for homebuilders in 2017

from By Michael J. Berens

Homeownership remains an elusive dream for many Americans, and probably will remain so at least for the foreseeable future. For others, however, an improving economy and job market are bringing the purchase of a home within reach. Recent industry studies indicate that a sizable proportion of those prospective buyers prefer new construction. That cadre is coming along at a time when conditions are projected to be more favorable toward builders as the year progresses. more

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