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CREJ Front Page

Mar. 9, 2010

Signs of Confidence Emerge Among Homebuilders

By KARI HAMANAKA CREJ Staff Writer At the beginning of the summer in 2009, a noticeable shift in finished-lot acquisitions began taking place, pushing up land values and leading to speculation that residential homebuilding may finally be on the cusp of a turnaround.

By KARI HAMANAKA

CREJ Staff Writer

At the beginning of the summer in 2009, a noticeable shift in finished-lot acquisitions began taking place, pushing up land values and leading to speculation that residential homebuilding may finally be on the cusp of a turnaround.

"If the homebuilders are willing to make investments, it shows some stability and confidence in the marketplace," said Norm Scheel, principal at The Hoffman Co. "I think it'...

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