Surging prices in single family homes and lack of inventory are making this market turn to remodeling vs buying or moving. Americans are projected to spend 316 Billion in remodeling this year, according to Harvard's study. Which is an increase from $296 Billion last year. Home owners are tapping into there equity and there savings which is showing an increase in the home markets. The markets haven't seen increases like these since 2006 when it was about $334 billion in remodels and renovations. The big ticket items include kitchen make-overs.

 

Blake Anthony Papalia 

Broker 

Home Made Real Estate