Builders are beginning to take a look at building on spec again, according to a ny times article. There is a need for new contruction now.
"Regardless of the economy, people always want a new home," said Mr. Morris, the owner of Morgan Creek Development.
Although these sentiments may be the exception to the rule, it is a theory that is beginning to surface.
Deborah Tintle Hauser, an associate broker with Daniel Gale Sotheby's International Realty, said inventory had dwindled to little or no construction, creating "a need for new ones."
With land values coming down and pricing for materials softening, developers are taking a look at jumping in again.
http://www.nytimes.com/2010/08/15/realestate/15lizo.html?ref=realestate
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Berkshire Country Homes recommends Great Barrington, Ma. as a teriffic place for your second home. Whether you love antiquing, gourmet food, theatre, music, hiking, skiing or just hanging out with family and friends. Great Barrington Real Estate offers many opportunities for relaxation, culture and outdoor activities. 
Berkshire Country Homes reports reading this interesting article on the Reuters Wire. According to the National Association of Realtors, International Home Buyers are increasingly attracted to property in the U.S. Referencing several factors, including the strength of the dollar, the value and desirability of U.S. Real Estate, and the emerging economic recovery. All these factors continue to drive international interest in owning a Luxury home in this country. Since the Berkshires is such a desirable spot for resort and second homeowners, Marlene Goldstein, Broker at Berkshire Country Homes is getting many new inquires for Luxury Berkshire Real Estate from the European and Canadian markets. As Nar President Viki Cox Golder said. "While all real estate in the U.S. is local, the same is not true for property owners,"
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