LATimes.com -"Through the roof" (6-11-06)
"As building-material costs soar, homeowners are scaling back on remodels."
"Since April 2005, the price of copper pipe and tubing has risen nearly 71%; the gypsum products used in drywall, 24%; asphalt shingles for roofing, 19%; and ready-mix concrete for foundations, 12%, according to Reed Construction Data, a construction information company based in Norcross, Ga. The exceptions are framing lumber, which stabilized after rising sharply in 2004 and 2005 and is down 5%, and plywood, down 2%."
For more information about The Norris Group's California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor event calendar. You'll also find our award-winning real estate radio show on KTIE 590am at 6pm on Saturdays or you can listen to over 200 podcasts in our free investor radio archive.
Monday, June 12, 2006
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