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construction: How to change your business and thrive in the upcoming depression : Part II - 03/02/09 11:45 AM
My first post on this subject outlined the main challenges we'll be facing in the next 5 to 10 years. Now I'm going to start focusing on each of these challenges one at a time. I enjoy reading the responses by my readers, and one exchange in particular spurred me to write this follow-up. Homes of the future may begin resembling homes of the past. In other words, if you've ever traveled through older neighborhoods, look at the home sizes as you progress through the decades. 1930's-40's you see cottage style floor-plans, 2 bedrooms, 1 bath, kitchen, living area and basement
(9 comments)
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construction: Could Southern California fires cause an upswing in real estate? - 10/25/07 03:17 PM
If anyone followed the Louisina and Mississippi real estate markets after Hurrican Katrina, you'd know that there was a huge boom in values in those regions. Over 850,000 properties were destroyed during the Hurricans, and the federal government pumped in billions of dollars in the recovery effort. Here is an interesting quote that proves this theory, "Post-Katrina, our sales projections for this year have moved even higher. In addition to the housing needs of hurricane victims, we may be seeing some 'fence jumping' from home buyers who are getting into the market before interests rates move higher," said David Lereah, NAR's
(3 comments)
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