Reading through the housing tea leaves suggests that the housing boom is becoming a bit long in the tooth. And while this outcome does not necessarily signal a collapse in activity just around the corner, it does suggest that the housing sector's best days are probably behind us.
Recent speculation about the demise of the housing boom has been greatly exaggerated.
When the economy is booming and you want to hire new workers, you have to attract them with money. Today, all you have to offer is a job.