Go To Mortgage 101

Return To Group Index

From: Dorsey 
Newsgroups: misc.invest.real-estate alt.invest.real-estate
Subject: The upside to the downturn
Date: Fri, 23 Nov 2007 23:17:20 +0100
Mail-To-News-Contact: abuse@dizum.com
Bytes: 1279

"It's not the best time to be selling a house in much of the country. 
But increasingly, it's a good time to build or renovate one.

"The housing slump has pushed down prices on everything from lumber and 
drywall to labor and design fees. Legions of carpenters, tile layers 
and landscapers are idle. Architects are taking on small renovation 
projects they once would have sniffed at and contractors are offering 
their services at a discount. Some people in the building trades are 
even posting fliers at construction sites to drum up business..."

Wall Street Journal article: http://xrl.us/bbn7a