California Builders Say The Worst is Over

Date January 27, 2008

A California trade group is predicting that the state’s housing slump is near bottom and business will rise steadily.
In a forecast released Thursday, the California Building Industry Association said developers will secure permits for 128,400 single-family and multifamily units this year, up from an estimated 116,250 in 2007. The 10 percent gain is in contrast [...]