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Newly Frugal Homeowners a Real Estate Game Changer

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SHIFTING PRIORITIES
""From top to bottom, I'm reexamining how I spent before, and am trying to save at every turn to put away 10% a year. I [hadn't] saved for an economic Katrina," a homeowner told the LA Times. "We'll probably be seeing a trend toward smaller, greener, less-costly-to-maintain houses," said Walter Maloney, spokesman for the National Assn. of Realtors. It's "a return to basics."
SOURCE:   L.A. Times

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