The 30 markets that the NAHB says are doing well are mostly smaller cities. Pittsburgh and New Orleans are the only large cities on the list.
A new census study reports that 10% of women and 19% of men 25 to 34 are living with their parents, a significant increase since 2005.
Continued consumer wariness and tight mortgage market may have led to fewer buyers signing contracts on homes.
Builder price cuts likely led 5.7% growth in month-to-month sales. Meanwhile, builders group says we're headed for another record-low year.
Case-Shiller reports a small gain in August, while another housing index shows a slight decline. Bottom line: Neither represents a recovery yet.
Risk professionals are more pessimistic about housing recovery; they also expect the high level of foreclosures to persist for another five years.
As Americans' tastes move to smaller homes, some are suggesting that it makes sense to split giant suburban houses into apartments for several families.
About Teresa Mears
Teresa Mears is a veteran journalist who has been interested in houses since her father took her to tax auctions to carry the cash at age 10. A former editor of The Miami Herald's Home & Design section, she lives in South Florida where, in addition to writing about real estate, she publishes Miami on the Cheap to help her neighbors adjust to the loss of 60% of their property value.