January sees an all time low in new home construction, which, oddly enough, is good news for home prices. Since we already have a glut of homes on the market, we do not need more! This will help stabilize home values as fewer homes chase a limited number of buyers. Not so good news if you are a potential buyer but a big help for all who own a home and especially for those who might need to sell. Less competition will be a big help to sellers. This should mean a somewhat faster sale and a higher price. Like most things we have to take the "bad" with the "good".