As home builders struggle through the recession, one analyst says part of the problem is of their own making – by overbuilding.  On a podcast, he told an interviewer the market has two million houses available and, in an average year, it can find buyers for only 1.5 million homes.

I asked Alan Goldsticker of Ryland Homes about that report.  He told me over-building has been a national issue for the past ten years.  “There was,” he says, “a lot of easy financing money out there.  There were a lot of investors out there.”  But, now the market is adjusting and “we’re back to basics” Goldsticker says.