At least we found the bottom..........

Housing starts are mired in the 500,000 per year range, well
below the historical average.  All other things being equal (like
that will ever happen), we expect the recovery in housing starts
to begin in 2013.   In the meanwhile, if you want to be a trend
setter and get a jump on the rest of the market, we have some
wonderfully nice building lots available.  Do call.

as always, these fabulous charts are found at Calculated Risk