Monday, November 28, 2011

One Sign That the Housing Market Has Hit Bottom

Toll Brothers' Camwest Deal Is a Sign the Housing Market Has Hit BottomIf you think that it has been a rough few years to own a home, imagine what it's like to be in the business of building new ones. Real estate developers need to buy available land, build attractive housing, and then compete against vacant homes and foreclosures while still selling their properties at a profit.

Well, in a small yet encouraging sign, luxury homebuilder Toll Brothers (TOL) is entering the Seattle market by acquiring privately held homebuilder CamWest Development.

Residential...

One Sign That the Housing Market Has Hit Bottom originally appeared on DailyFinance.com on 2011-11-28T09:00:00Z.

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