All of the people who are renting homes in this state, their rents are going to go up even more. |
Because the market was so tight, and still is tight, people just can't find a home that they want to go into, or don't want to pay-- they want to make the money on the sale, they don't want to spend it on a new home. So instead, they're cashing out the equity in that house and finishing off the basement or putting an addition on. |
The market has slowed a little bit, but the housing industry is still booming. We're still building homes. |