Confidence among U.S. homebuilders remains at its highest level in six years, reflecting improved optimism over the strengthening housing market this year and a pickup in visits by prospective buyers to builders’ communities.
The U.S. housing market will begin to mount a turnaround this year, building toward a solid recovery in 2013, according to a forecast by the chief economist of a homebuilding industry trade group.
Linda Holden was newly divorced, going to school part time, and raising two kids.
“I needed to make some money,” she said.”
It was the early 1970s, and at the time she was living in an apartment complex in Endicott, N.Y. Desperate for work, she asked the apartment complex’s owner, who was also a developer and builder, for a job.