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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Wed, 20 Apr 2005 00:23:29 GMT
/ Author of the message: "flinrius" |
Title of the message: |
Housing starts slide 18% - Decline is biggest in 14 years; weather accounts for some of the decline.
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Text of the message: |
Housing starts slide 18% Decline is biggest in 14 years; weather accounts for some of the decline. April 19, 2005: 1:49 PM EDT NEW YORK (CNN/Money) - The news was bad: Housing starts plunged 17.6 percent in March, marking their steepest drop in more than 14 years, a Commerce Department report showed Tuesday. But analysts weren't ready to use that indicator to call an end to the housing boom just yet. "You have to realize that [starts] declined from a level in February that was a 20-year high," David Joy, capital markets strategist for American Express Financial Advisors. "If you look at the average for the first quarter, it is still the highest rate in over 20 years." The weather was another factor, according to Dave Seiders, chief economist with the National Association of Home Builders. He notes that builder permits for March, though down 4 percent, were still fairly strong and an |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.