Real Estate Articles

Home Improvement Spending Continues to Grow | By: Nicolas Zepeda

Home advisor is reporting that Harvard’s Joint Center for housing Studies recently released their Leading Indicator of Remodeling Activity that showed spending on home improvement (remodeling, repairs etc.) jumped 11.3% between 2014-15 and estimated that it rose 6.9% in 2016.  In addition, they predict a 6.7% increase for 2017.
“The rise in home values has boosted people’s perception of their own financial well-being, and has also increased their ability to take out home-equity-based loans if they need them for home improvement projects.”

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