It's a great time to be a home builder

Perspective: Rates, economy create ideal building conditions

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Luxury Connect | Oct. 16-18 | Beverly Hills

The economy continues to recover, as real GDP advanced a very healthy 4.4 percent in 2004, which was the best performance since 1999.

Incomes and job creation are on the rise. Mortgage rates remain very low. Sales are high and unsold inventory levels are low. The Housing Market Index stands at 70.