Why Americans are holding off on remodeling their homes (for now)

The aging population combined with the fact that Americans are more likely to retire in the same home they lived in while working is likely to bolster remodeling spending.

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But while new home construction fell sharply, Americans continued to remodel. Although new construction suffered greatly during the recession, remodeling work held tight. harvard University’s Joint Center for Housing Studies singled out specialty contracting firms like Kitchen Solvers for their ability to navigate even the worst of the.

 · Millions of farmers of all races were pushed off their land in the early part of the century, including around 600,000 black farmers. By 1975, just 45,000 black-owned farms remained.

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Why Americans are holding off on remodeling their homes (for now) Homeowners are pulling back on their spending on house improvements. Growth n remodeling spending expected decline n half of America’s largest cities th year, a study released th week by Harvard University’s Joint Center fr Housing Studies found.

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Why Americans are renovating, not buying new homes. His memory of the housing crash a decade ago was still too fresh. "Real estate isn’t the greatest investment," said Gedwill, an electrician who lost money on a condo during the crash and watched many people go through similar experiences.

 · Reverse mortgages: 15,000 older Florida homeowners at risk of foreclosure and homelessness. The loans enable seniors to age in place but have failed many who can’t pay insurance or.

The Economy Has Changed the Reasons Why People Remodel Their Homes Why Did You Remodel?. It seems that homeowners are taking on the trials and tribulations of remodeling projects more than ever.

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Why Americans are holding off on remodeling their homes (for now) MarketWatch.com – Top Stories 6 June 2019 Breaking business news 0 Comments A Harvard study finds a drop in growth in spending on home improvements.