Tuesday, March 17, 2015

Home Improvement Could see Record-Breaking Spending

Emerging Trends in Home Improvement Spending 
The home improvement industry could see record-breaking spending in 2015, according to a newly released report from the for Housing Studies of Harvard University. There are several factors behind the increase, such as the strengthening of the economy, recovering home prices, federal and state stimulus programs that are prompting a rise in energy-efficient upgrades, and rental property owners who are reinvesting in their properties to attract new tenants. "After years of declining revenue and high failure rates, the home improvement industry is, to some extent, reinventing itself." "It’s only a matter of time before this generation becomes more active in the housing market, read more.

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