Homeowners Making Improvements Despite Political Uncertainties

Homeowners are springing more for upgrades to their homes, despite unknowns that have the potential to impact their spending—a full 60 percent more than what they spent in 2016, according to a new report by HomeAdvisor. “Home improvement activity is showing resilience in the face of political shifts,” says Brad Hunter, chief economist at HomeAdvisor. […]

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Harvard report: Homeowners are well-positioned to tackle remodeling projects heading into 2016

Riding on the coattails of positive housing market conditions, home improvement spending is expected to pick up heading into 2016, according to a recent report released by Joint Center for Housing Studies of Harvard University. The report, called the Leading Indicator of Remodeling Activity (LIRA) and released by the university’s Remodeling Futures Program, projects that annual spending on home remodeling projects will increase from 2.4 percent in the second quarter of this year to 6.8 percent by the same quarter next year …