Saturday, April 5, 2008

Ten Recession-Proof Home Improvements - Forbes.com


Ten Recession-Proof Home Improvements - Forbes.com

Just a few years ago, a real estate flipper could parlay a several-thousand-dollar upgrade into a substantial profit. A $30,000 investment in new kitchen tiles, countertops and appliances, for example, might reap $60,000 upon resale.

Those days are over. Contractors' phones are no longer ringing off the hook, and as housing prices continue to drop, cash-strapped homeowners are remodeling in different ways.

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