Showing posts with label new construction. Show all posts
Showing posts with label new construction. Show all posts

Tuesday, May 4, 2010

Forbes Online Reports: How to detect shabby workmanship in home construction


Eight Dream-Home Dupes
New building exploded during the housing boom. So did lazy construction practices.


In early 2009 homeowners in Florida, Virginia and Louisiana began noticing odd things. Bathroom mirrors and pipes turned black. Computers and televisions stopped functioning, their circuit boards inexplicably fried. A foul smell plagued some houses. They reported health concerns too, from respiratory problems and bloody noses to insomnia....

Friday, February 5, 2010

Private Equity Firms Funding More New construction











Wall street Journal Article on Private funding of new construction projects

In this current financial climate, Big banks are not giving money to builders for new construction, Private equity firms to the rescue. The housing market will recover, and for those who can afford to invest right now, they will reap the benefits if they can hunker down and carry theses investments for a while longer.