Home Remodeling is Picking Up Again as Consumers Spend More

Posted by:

With the economy starting to recover, consumers feel better about spending again — and that spare cash is going back into their homes.

Home remodeling is on an upswing, according to the Sun-Sentinel.

Scores of foreclosed properties need a ton of TLC, prompting buyers to renovate those tired or tattered spaces. Many other homeowners want to improve because they don’t plan to move — either by choice or by circumstance.

Some love their homes but say they’d be more comfortable living there longer if they had new kitchens and baths.

Others are caught in the housing conundrum, unable to sell and move because they owe far more than their homes are worth. As a result, they’re investing in new floors, replacing windows and doors, and making other changes as they wait for home sales and prices to rebound.

People want to make their homes into a refuge from the outside world.

  Related Posts