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Hit, But Not Like Everyone Else

The people responsible for building most homes in Houston expect the housing market here will improve.
They gathered downtown yesterday for the Greater Houston Builder’s Association mid—year forecast. Bill Stamps has more.


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New homes are still being built in Houston.
“There are homes going up and there are more coming. “

It’s just that not as many people are buying them as before. Sales of both new and older homes in Houston were nearly 23 percent lower in January than they were a year ago.

Curtis Suthard works for Airtron, a company that sells air conditioning units for the new homes. He estimates his business has gone down about 40- percent forcing lay offs.

“Everyone in the home building industry has had to do lay-offs at some point or another.”

The meeting at the downtown Hyatt was to give home builders and the people they work with the chance to network and hear what the experts are predicting. John Buzga sells homes for David Weekley and says the first part of the year was slow, but they just had their best month since the hurricane.

“It was a little slower than in previous years, I mean everybody knows that its been a little bit off but we’re feeling a pretty good comeback right now. People seem to be positive, buyers are out there looking. You can subscribe to the poor us mentality, but we’re a lot better than the rest of the country.”

And that’s what people have been saying about Houston since the economy started to go south. We’ve been hit, but no at hard as everyone else.

Bill Stamps. KUHF Houston Public Radio News.