Americans looking to remodel their home are pulling back, but better days are ahead for the industry. “Remodeling is slowing, but there’s a historic boom coming,” Eric Finnigan, VP of research & demographics at John Burns Real Estate Consulting, told Yahoo Finance in an interview. According to Finnigan, there are […]
Boom
Mortgage Slowdown Will Lead to Remodeling Boom
No doubt about it, the U.S. housing industry is hitting the brakes challenging. In its hottest release, The National Affiliation of Realtors (NAR) stated its Pending Property Income Index, dependent on signed contracts, fell 10.2{833736ef333566f6502cdebaaa8c1006aee7f6f644158cfddacfa746ee20c4df} to 79.5 in September. With substantial-interest rates tamping down homebuying exercise, Individuals who usually may […]