Habitat For Humanity Sees Gold In Vacant Housing
"[A]s thousands of homes sit vacant, Habitat officials say they can't pass up this opportunity.
With prices depressed, many are finding they can buy and rehab cheaper than they can build. (Most Habitat chapters also continue to build.) Rehab projects are often faster, so families can move in sooner. And Habitat officials say rehabbed, owner-occupied houses will ultimately boost home values in high-foreclosure neighborhoods."