The real estate community knows all to well that families are not buying homes like they used to. Now they arte not investing in their homes as much either.
Home Depot and Lowes both showed weak second quarter earnings results as consumers have scaled way back on their home repairs.
Lowes took the biggest hit:
The [...]Thanks for reading this post. If you would like to see more articles like this, please come visit The Real Estate Bloggers. where it was originally published.
Lowe's and Home Depot Struggle in Tough Real Estate Market
Related posts:Bottom Of Real Estate Market Is Early 2009 According To Realtor Survey A survey of 2,500 real estate agents has occurred and...BlackRock Still Profitable Even With Poor Commercial Market This is pretty good news. BlackRock seems to be the...
Read...Related Headlines
- Home Depot?s Profit Off 66%posted 194 weeks ago on Blown Mortgage
- Happy Thanksgiving!posted 220 weeks ago on Blown Mortgage
- The lights are on but nobody?s home?posted 197 weeks ago on Blown Mortgage
- Better Homes & Gardens Offers Refinance Tips from Yours Trulyposted 223 weeks ago on Blown Mortgage
- Mortgage applications off 10% from same time last yearposted 194 weeks ago on Blown Mortgage
- Fannie posts $2.3 billion quarterly lossposted 183 weeks ago on Blown Mortgage
- Signs of a bottom?posted 216 weeks ago on Blown Mortgage
- New home sales rise for first time in 6 monthsposted 193 weeks ago on Blown Mortgage
- Definition of Insanity?.posted 215 weeks ago on Blown Mortgage