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Upswing in Remodeling

May 1, 2013 |  Article By :   | 

constructionNot only is new construction starting to come back, there is also an upswing in remodeling! According to Harvard University’s Joint Center for Housing Studies, spending for remodeling is expected to climb 20% from September 2012 to September 2013!  House.com says that 53% of homeowners think now is a great time to remodel!  During the worst of the housing market crash most home owners were only doing must do repair work and if possible they did it by themselves to keep the costs down.  Now that home prices are starting to rise people are starting to hire companies to do their remodeling projects. One major difference is that people are tending to pay cash or do their projects in small steps unlike the height of the housing market where everyone financed their remodels and did huge projects all at once. Kitchens and bathrooms are still the top remodeling projects.

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