We’re hearing it in the news: new construction is up. Home Builder Stocks and REITS are performing well on Wall Street. And we can see it with our own eyes. There has been a plethora of new town homes and single families being built in North Redondo. Some locations include 1903 Plant Ave, and the 1900 block of Robinson. An older home at 1906 Ernest was recently leveled and construction has started. Four new town homes were completed and sold recently at 1912 & 1914 Graham. New town homes on Rindge and Nelson are moving along. Builders and buyers are back in the market, and they’re both desperately looking for inventory. The one stumbling block could be the dismal unemployment numbers that just came out. We’ll soon see if fear of job loss grips buyers and slows down the market’s rebound.