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Investor's Business Daily: New Home Sales Now: Buyers Want Big, Practical Houses

By Kathleen Doler. New homes are finally selling again — and what's hot among the buyers isn't what you might expect.

January 24, 2013

Gary Painter, an economist and University of Southern California professor, expects the new construction market to "get steadily better." But he says we need an improving job market to help fuel demand.

Additionally, Painter says tight credit "is one of those things that will keep the speed of the recovery slow."

For the full article, see the link below:

Link: HousingWire