The experts tell us that housing shortage may be here soon. But I find it interesting that figures may not always give us a true picture of what is going on. Because of unemployment many young families are moving back in with their parents, some are doubling up and renting. So what is the future of new housing? There are over 7 million homes vacant but not for sale, financing is difficult so it will still be sometime I believe before we see any kind or shortage impact. The Waynesville and Asheville North Carolina home sales are increasing but mostly resale homes.

Those builders that are still in business and the developments that still have plenty of vacant land to build on will still need to wait for another year or two I believe and once the banking industry stops being so difficult we will start seeing a positive up-swing in new homes. http://bit.ly/bHKYmI