15% RISE in new housing, and low and behold, everybody forgets that the glut of housing is still out there. HARP I and II are making a difference in getting foreclosures under wraps, but folks are still out of work and neither candidate has come up with credible fix its.
Obama is the last to mention it, but the rate of Fed employees getting out and jobs being abolished is a knee in the rehiring posture--we may not like the value detracted from such jobs, but a salaried employee is a salary that can buy something, a far better boost to the people end of the economy, job for job, than making widgets.
But the country is as mired in new housing being a picture of "health" as it was saying housing "always" goes up. I don't know how that game of musical chairs ends or when, but take it while you got it.