Word: backlogs
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...market isn't necessarily as troubled as all that suggests. Interest rates, though up, remain near 40-year lows. The backlog of unsold homes seems to have peaked over the summer. The economy is growing, and the National Association of Realtors boldly predicts that home prices will rebound next year...
...added that “a staggering sum will be necessary for the medical area and hospitals associated with our Medical School,” according to the Crimson article.According to a May 1956 Crimson article, Pusey told the Cambridge Council of Neighborhood Associations that a “backlog of needs” for construction spending had been accumulating since the 1930s and had reached the point of urgency.Pusey was not the only one articulating Harvard’s need for increased spending.In April 1956, a University committee recommended a $6.5 million expansion in Harvard’s visual...
...they?ve increased their share of the market from 10% to 25%-at the expense of small builders-over the past 15 years, and that share could easily go to 35% or more. Meanwhile, this year?s earnings are practically in the bank because builders have a large enough backlog to stay busy into the summer...
Parker also argued that a backlog in the compilation of court transcripts will hinder the progress of the Pring-Wilson retrial...
...news to go around. The soaring cost of energy has begun to ripple through the economy, signaling a near-certain end to the glory days of zero-percent car loans and 5.5% fixed-rate mortgages. Some deals are still out there: Ford is desperately trying to unload a backlog of gas-guzzling SUVs with interest-free loans, and long-term rates haven't moved up all that much yet. You can still refinance into a 30-year fixed-rate mortgage for less than 6%. If you're in the market for a truck or a refi, get to it. These...