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Home Remodeling Industry Still Kicking in Ailing Real Estate Market
Posted July 21, 2011.
source: Consumer Reports |
An upward slant in BuildFax's remodeling index shows homeowners are still moving forward with home remodeling projects despite an ailing real estate market.
"In fact, BuildFax says that remodeling projects were up across the country in May continuing a 19-month trend. 'Even with the continued struggles in the economy, the remodeling industry has been a bright spot, as consumers look to make upgrades to their current homes, rather than purchasing a new residence,' said Joe Emison, Vice President of Research and Development at BuildFax." (Consumer Reports News)
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