Construction Spending Climbs

As a leading Custom Home Builder, Grace stays atop the latest news on construction and the economy. The rise in new home sales usually means a turn for a better economy. As MSNBC.com stated, "Total private construction rose by 0.4 percent to an annual rate of $858.4 billion (euro719 billion) in August, a figure that included the 0.2 percent rise in residential construction and an increase of 0.8 percent in private non-residential building, which climbed to a rate of $243.8 billion (euro204 billion) in August. That increase reflected big gains in construction of hotels and shopping malls, which offset a drop in construction of office buildings. (click here)

On anther note, in the Denver metro area, remodeling your old homes is also a rising trend that Grace Custom Homes can help out with as well. The remodel costs can range from $42,783 to $65,398 for a mid- range to upscale major kitchen remodel and $9,766 to $25,626 for a midrange to upscale master-bathroom fix-up, according to Remodeling magazine's 2004 Cost vs. Value Report. Plus, Homeowners recoup up to 80 percent of the cost of a major kitchen remodel and around 70 percent of bathroom remodels. Call us now for a free estimate. (get the whole story)