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Plenty of good news has been coming in about housing lately. Here's a round-up.
There's been a lot of positive signs for a housing (and broader economic recovery) coming out lately. Here are nine reasons we might be looking at a better 2012 than 2011 in the residential construction market.
1. Unemployment drops to lowest point since 2009
The unemployment rate is at 8.6 percent, according to the Bureau of Labor Statistics report released today. That's down from 9 percent last month and the lowest rate since March 2009.
In another positive sign, the number of involuntary part-time workers (those employed part-time not by choice but by necessity), dropped by 378,000 to 8.5 million -- still way too high, of course, but a move in the right direction.
More like this
- Survey: Affordability and increased living space top reasons to buy in 2010
- 2012 home building outlook: Builders largely optimistic about growth
- 2011 Remodeling Forecast: Three Reasons for Long-Term Optimism
- Americans maintain positive attitude about homeownership
- Federal housing scorecard: Housing market recovery still fragile
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