Housing Starts Expected to Climb in 2011 New home construction is looking up this year.
During an economic update Wednesday at the International Builders' Show in Orlando David Crowe, chief economist of the National Association of Home Builders, projected single-family housing starts to rise by 21 percent in 2011, reaching 575,000 units.
Fact: For every additional 1,000 home sales, about 500 jobs are added to the economy. Those are real jobs that give our families, friends and neighbors a chance to work.
Fact: Every home purchase pumps $60,000 into the economy.
Fact: Housing accounts for more than 15 percent of the national gross domestic product.
Fact: Home owners pay 80 to 90 percent of ALL federal income taxes.
RE/MAX Kansas-Missouri | Ken Flaspohler, RE/MAX Best Associates | 10870 Benson Dr. Suite 2160, Overland Park, KS 66210 | 800-391-2378 | Contact by E-mail
Primary 913-339-0630
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