SAN FRANCISCO - Nevada, Arizona, and Florida have the highest housing market "hotness" ratings, a real estate expert told Construction Contractors' Alliance (CCA) members at a recent meeting in San Francisco. The ratings are based on housing permits per 1,000 residents.
Jeff Meyers, CEO of Meyers Real Estate Information, also told CCA members that 2004 will be a solid year for homebuilding. Interest rates, a limited supply of new homes, and an improving economy will help make 2004 a good year, he stated.