Tuesday, July 24, 2007

Why rehab and not buy new

My In-laws are nervous about us doing a rehab instead of buying a new, or relatively new home. Ahem...they moved into theirs about three years ago and we've already been over to fix their vinyl siding. Oh, yeah, and there's THIS: (Dow Jones Home Builders in the Dumper)

(click to enlarge)

1 comment:

The Wife said...

I'd like to point out that in Nov 2008, the HomeBuilders hit my target, and a week later, hit the lows and bounced from there.