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Octubre 2006
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As home sales slow down,
improvements speed up
By DAVID BRADLEY
For AP Weekly Features

The downturn in home sales may signal an uptick in home improvements as homeowners, content on staying put, mull projects to make their home more livable, attractive -- or valuable.

Upgrades -- if done well -- can add monetary and intrinsic value to a home. That's good for homeowners when buyers eventually knock at the door. It's particularly good for homeowners in markets where housing values are appreciating above national norms. For every $1 they plow into their properties, they may see a greater than $1 return in terms of added value.

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ONE YEAR LATER: Many New Orleanians unable
to find affordable

By RUKMINI CALLIMACHI
Associated Press Writer

NEW ORLEANS (AP) _ Attorney Vallie Schwartz fell in love with the 130-year-old Victorian shotgun in the French Quarter, which like all grand houses in this former Spanish enclave has tall, cathedral ceilings and brightly painted cypress shutters.

A successful personal injury lawyer, she could comfortably afford the mortgage on the half-million-dollar house, so she made an offer - one that was soon accepted.

Complete Article