A Benefit of the Downturn

11:57 am luxury homes

construction-iex0009a.jpgI read this today about how the downturn is prompting some homeowners to do renovations they have put off for years. Building costs are down, prices for materials are down, and apparently contractors are even giving in a bit on labor costs.

An interesting piece…

http://www.realestatejournal.com/buildimprove/20071130-lin.html?rejcontent=mail

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