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Builders’ Confidence Drops Like An Elevator With A Snapped Cable; “Crisis” May Hand Obama A Golden Opportunity

by Charles Feldman | November 19, 2008

Just when you think things can’t worse…get any lower….they get worse and they get lower.
A new study out, reported by CNNMoney, shows that the confidence level of homebuilders has gone down to yet another record low for November.
The figures come, by the way, from the National Association of Home Builders/Wells Fargo housing market index.
A “crisis [...]

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