Source: CUSTOM HOME Magazine
Publication date: September 10, 2009
By Stephani L. Miller
Although many economists predict the economic and housing industry recoveries will be long and slow, glimmers of a rebound are emerging. The good news for the custom home building segment is that even though financial portfolios have been hit hard and lending institutions are continuing their tight grip on credit (particularly for large construction loans), affluent consumers still have money. They are being more selective in their spending choices, however.
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