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Mississippi home starts still strong; high demand for labor.

Publication: Mississippi Business Journal
Publication Date: 27-JUN-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Housing starts in the U.S. posted their biggest drop in about 14 years in March, with starts down about 17.6%.

Mississippi seems to be largely immune to that trend, according to home builder representatives from around the state who spoke with the Mississippi Business Journal in recent weeks.

"We have a very strong market in Mississippi," said Marty Milstead, executive vice president of the Home Builders Association of Mississippi (HBAM). "Starts in the Jackson metro area are up. Interest rates are still very attractive. It is a good time to buy a home. The home building market in Mississippi is solid."

Milstead said economists have predicted a strong housing market in the U.S. this year, and the decline in March starts could have been weather related....

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