Americans Would Rather Renovate Than Buy A New Home

Americans Would Rather Renovate Than Buy A New Home

ByTMN Editor Reading Time: 2 minutes

Inflation is forcing homeowners to put renovations on the back burner, but most would still rather renovate than move. Nearly 60% of respondents to a new survey from Discover Home Loans said they are postponing their renovation projects as projects become more expensive than their budgets. Another 26% will reduce the scope of their projects…

Love It Or List It? Americans Are Renovating Rather Than Moving
| |

Love It Or List It? Americans Are Renovating Rather Than Moving

ByTMN Editor Reading Time: 3 minutes

By KIMBERLEY HAAS New data shows that 79% of Americans would rather renovate their current home than move to a different one and with $420 billion spent on remodeling projects in 2020 those in the mortgage, real estate, and building industries are taking notice. Discover Home Loans commissioned a national survey of 1,531 homeowners. The…

End of content

End of content