Salient to Investors: Economists expect sales of previously owned U.S. homes fell in May and reflect an uneven recovery. Existing-home sales reached a low of 3.39 million annual in July 2010 versus a peak of 7.25 million in September 2005. Foreclosure starts grew in May for the first time since January 2010. Michael Feder
READ MORE... →Salient to Investors: Arizona building permits are close to a three-year high, creating a scarcity of framers, roofers and masons. Immigration laws add to the shortage by pushing experienced laborers out of the state. The construction jobs increase in May from a year ago was the biggest gain of any industry
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