HousingDataWrapUp.August2010One of the reasons that I love this blog site, is that it becomes a clearinghouse for my brain. Any of the data, thoughts or ideas that come through my head, I can store that here. That way, in the future, I/we can go back and look at what has transpired. All of this helps one to see the future better or have a better vision. I like this quote from Helen Keller as she was once asked “If there was anything worse than losing one’s eyesight? She said, Oh yes, having eyesight and no vision is much worse.”

I get a kick out of the housing reports…they all have a gloom and doom tune to them, but when you read deep, they all say that by 2012 that new construction will be at 1.0 million units…that’s quite frankly a fairly normal market. I often wonder why folks aren’t dancing on their desks? Keep your eye on the pendulum.

Source: Wells Fargo Securities