Word: buildering
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...here in the middle of winter you can wear a singlet all day," he says. Forty years ago, Mowatt traveled around the whole country with a mate in a Mini 850, finding work as a builder along the way; he doesn't miss the 4,000 km of bone-shaking gravel road from Carnarvon to Katherine that he once rattled over. "The route's all sealed now," he says. "The place is not as remote as it used...
...Wallace has spent most of the past 63 years getting as cosy with spiders as it's advisable to be. In a scientific way, mind: "Spiders are not something you keep as a pet. They're too precious." Driven by interest alone-a builder by trade, he never went to university-he's become a national authority on eight-legged crawly things ("arachnologist," he corrects), consulted by everyone from students to museum curators and pest-control firms. "Sometimes people send squashed ones," he says with a laugh. "Then you mightn't know what...
Gary Steele was once a builder who got by. Now he's a veteran lobster fisherman who's considering putting a tennis court on his family's 1.5-ha property in Kingston, 300 km south of Adelaide. How did this change come about? Twenty years ago, Steele built a house for a local man, Merv Braithwaite, who told him, "You know, you'd make more money fishing than building." With something of a family background in fishing, Steele thought he'd give it a go, even though his wife, Julie, had her doubts and everything he knew about the game...
...Lauderdale in the fall of 2004, she figured she would pocket a profit before the place was even finished. Schiller, 51, and her husband had already flipped several properties in Florida's sizzling market, and this one sounded sweet: three bedrooms, private elevator, designer appliances. Villa Medici, promised the builder, would be modeled after a "true Italian Tuscan village," featuring Mediterranean façades and a resort-style pool. "As with any 'limited edition,'" the pitch stressed, "demand always exceeds the supply...
Sales of existing homes nationwide are down 8.9% this year, including a 17% free fall in the West, according to the NAR. A year ago, 2.6 million units were on the market. Now there are 3.7 million, a 39% spike. Home builders, whose stock prices have tumbled, were late to cut production, a bad sign for new-home inventories, especially with mortgage rates higher than last year's levels. KB Home, a national builder, says its cancellation rate shot up to 37% in the second quarter, from 25% a year earlier. "People are making arguably the most significant economic decision...