Alton Brown\'s Gear for Your Kitchen With pending home sales at a six-year low and home prices flat, people are no longer willing to sink as much money into their kitchens as they were during the boom. Spending on kitchen renovations costing more than $20,000 was $53.4 billion in the year ending August 2007, a 40% drop from the same period a year earlier. For people who bought at the top of the market, having little or no equity to borrow against means having to tap other sources. Also trouble for the home-renovation industry: Money is drying up for people seeking home-equity loans or lines of credit to finance projects.

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