Sunday, November 20, 2005

Who gets hurt in downturn?

Who gets hurt in downturn?: "Real estate moves in cycles. When the market is hot, everything is champagne and roses; when the the market slows, only the strong and prepared will survive. Here?s who might be affected by a real estate downturn:

Home improvement retailers: The first thing that most new home buyers do is make a trip to the nearest home improvement store to stock up on all the materials and supplies they?ll need to fix up their new house to their liking. That?s added up to a lot of revenue for these companies. If home sales soften, so will those trips to Home Depot and Lowe?s"
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