Should You Build Some Apartments or Remodel Your Home?
May 16th, 2008 Categories: Hot Local Topics
This morning the New York Times reported some good news in the housing sector, especially if you are building apartments.
“WASHINGTON (AP) — Construction of new homes posted the biggest increase in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades.
The Commerce Department reported Friday that housing construction rose by 8.2 percent in April to a seasonally adjusted annual rate of 1.03 million units. Building of single-family homes continued to weaken, however. The growth came from a big jump in apartment construction.”
Read the entire article here.
The Wall Street Journal published another interesting article on May 6, The Housing Crisis is Over, which provides an interesting and informative opinion about the real estate market and where it [could be] heading.
Also from the Wall Street Journal, Will Upgrading Your Home Help You Sell It, provides some excellent information and advice pertinent to today’s market.
Wondering about our local market? Review some of my Market Reports.
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