Housing Starts Up, Stock Market Up, What Does It Mean?

Did you see that in the news? Housing starts are up and the stock market is up as well.

This is good news right? The economy is turning around and things will get better real soon.

Wait a minute.....how the heck could housing starts increase? Why are people building homes with all these foreclosures avaiable? This dosn't seem right.

Well, I read an article about he increased housing starts in February. The people who analyise these things were "surprised" at this increase.

I continued to read the rest of the articel and found the doom and gloom paragraphs a little further into the story.

The article quoted several people about how this is a temporary "jump". Supposedly the bad winter made it hard to build during the winter. Now that he weather is getting better they can catch up a little bit. So this wont last. Just a blip on the radar on the way down to the economic basement.

Oh well, I felt good when I heard about it. Maybe some people didn't read the whole story and will now run out and spend money. Consumer confidence does have a big impact on the economy.

It is a great time to buy if you have the money, prices are low, interest rates are low and the tax incentives are very good.

For more information on why it is good to buy a home in Maryland, right now, visit Maryland real estate.