Some builders hope to benefit from remodeling’s strength, giving a slight boost to new construction confidence

There are many reasons why homeowners are choosing to remodel their homes instead of moving. The primary reason is cost. It is often much more cost-effective to remodel an existing home than to purchase a new one. Additionally, remodeling allows homeowners to customize their homes to their specific needs and style while adding value to their investment. Finally, remodeling will enable homeowners to stay in their current neighborhood, which is often essential.

Despite a turbulent economic climate, homeowners choose to make the best of their situations and ‘lock in’ by staying put – which is beneficial for remodelers. This has resulted in an unusual surge of business activity within this particular sector – likely to outpace new construction sectors moving forward.


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