Through the roof - Los Angeles TimesBuilding supplies going up. If you are in the business, this isn't news but for this contractor, his bid increased 45% while the client was thinking it over.Linkshttp://www.latimes.com/classified/realestate/news/la-re-materials11jun11,0,2489592.story?coll=la-class-realestate-news
REALTOR® Magazine Online -Daily News- Study: Home Prices Contribute to Job LossSo if you are ecstatic to be living in an appreciating market, running a business will be tougher. Real estate is ruled by Supply and Demand of the market. As prices climb, the liquidity of the market dries up and creates a real shortage of end-market buyers. That's where investors step in and create liquidity, maybe rent the place out until the market corrects.Linkshttp://www.realtor.org/RMODaily.nsf/pages/News2006060501?OpenDocument
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