September 26, 2022

DIY Solver

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Big boom coming to the field of home remodeling

3 min read

The country is currently in a real housing boom due to increased demand and low inventory, but homeowners need to prepare for a boom in home remodeling which is a feeder of many of the current housing issues.

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This surge in remodeling will add additional pressure on labor and supply which will result in much longer lead times and an extended time to complete remodels.  

Here are the top 5 reasons why remodeling is about to boom:

Money

The main reason for the increase in remodeling is money. For most homeowners, remodeling will be their only choice to affordably increase space because much higher pricing for new and existing homes will force people to stay put.

https://www.dailycommercial.com/story/lifestyle/2021/10/23/big-boom-coming-field-home-remodeling/8531676002/

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