News, Ideas and Information from Around the Web

Housing: Curb Your Enthusiasm About a Recovery
from BusinessWeek Online
Housing booms are short and exciting. Housing busts, on the other hand, are long and painful. So don't put much faith in those oft-heard assertions that the worst is already over. Prices are likely to fall further in many markets in 2007. In some others, prices may rise, but at less than the rate of inflation. A BusinessWeek analysis of the past three decades shows that if history repeats itself, it's likely to take 15 years or more for many parts of the country to get back to their inflation-adjusted peaks... read more

Remodeling Magazine Releases 2006 Cost vs. Value Study
from Remodeling Online
Prices continue to climb for most remodeling projects at the same time the value of improvements at resale retreat, according to the 19th annual study. How much of the investment in window replacement can homeowners expect to recoup when they sell their homes?... read more

FEMA Announces Funding for Hurricane Relief Housing
from Home Channel News
After reviewing 29 proposals from four states, the Federal Emergency Management Agency (FEMA) decided to award up to $388 million in grants for alternative housing proposals for victims of the 2005 Gulf Coast hurricanes... read more