Because of the weakening economy and the down housing market, homeowners are fixing up their homes instead of buying new ones. Home Depot saw losses in the second quarter, but its best-performing categories were in home repair, including plumbing and goods for kitchens and bathrooms. Energy-efficient products are also selling well as buyers try to cut fuel expenses.
|Tightening of loose cables preceded FIU bridge collapse that killed at least 6: Sen. Rubio|
|Brown Harris Stevens promotes Phil Gutman to president of Miami brokerage|
|Sonny Kahn buys neighboring Golden Beach oceanfront property for a big markdown|
|Developer Andy Ansin, son of billionaire, sells Coral Gables spec mansion|
|Rising construction costs challenge multifamily developers: panel|