Builder Sediment

Home builder sentiment recently fell for the second straight month despite a booming housing sector. This is probably because small builders face increasing difficulty finding lots, spec loans are still largely off limits, lumber prices have doubled, and labor shortages abound. Despite these woes, housing starts will rise by 200,000 units in 2013. The question…

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Shop Till You Drop

The largest US mall is the Mall of America in Bloomington, MN with 4.2 million square feet (msqft). Next comes the Eastwood Mall Complex in Niles, OH with 3.2 msqft. Rounding out the top five are the South Coast Plaza in Costa Mesa, CA with 2.7 msqft, the King of Prussia Mall in King of…

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