building permits and starts

when looking at the both total and single family permits and starts, the story remains close to same historically low numbers. the positive take is that the length of time we have been bouncing along at the numbers being reported. indicates a bottom has been reached. when the numbers remain where they are it gives the foreclosure inventory a chance to be absorbed. we have several more years of pain before the market resembles anything like a "normal market" so it is just a continuation of hard work to achive your clients goals.