Outlook for Homebuilding Industry Bright, Possible Problems Ahead - 2004-01-04
Just about everybody implicated in the housing industry -- home builders, real estate agents, mortgage bankers, etc. -- had reason to celebrate last year. With mortgage rates at 40-year lows, how could they not go wrong?
The outlook for this year is promising, too, says Michael Noonan of Roseville-based Rottlund Homes, one of the area's larger homebuilders. Sure, rates are expected to rise a bit, but not dramatically, he said.
Read the full story at Miami Herald