The number of people getting home improvements is on the rise. An article from The Wall Street Journal shares that:
Americans are spending lavishly again to upgrade their homes, indicating they remain confident about the long-term prospects for the recovery despite recent signs of weakness…
…Rising spending on remodeling is in contrast to recent signs of slowing in new-home construction activity, indicating that a growing number of consumers have decided that upgrading their home might be a better investment than buying a new one.
To further reinforce this idea, according to an article from the Huffington Post:
Fifty-three percent of U.S. homeowners say they will remodel In the next one to two years, to increase the value of their home, even though they have no plans of moving in the next five years. “They’re confident enough to remodel but not enough to sell,” says real estate broker Leah Applewhite.
These two articles are suggesting one thing: many remodel their houses even without planning to sell, meaning the overall confidence in the economy is improving. Perhaps they’ve become bored with the look or ambiance of their home or maybe they just want a fresher, more modern look. Some may prefer to add more space for more family members or for functional purposes. Whatever your reason is for wanting Bethesda remodeling, you should always consider all the factors before making the investment.
Call Blair Construction L.L.C. to get all the information you need on remodeling, with all the associated risks and nuances, so you can get the right home improvement in Annapolis MD that you’ve always dreamed of.
We offer construction work for kitchens, bathrooms, decks and basements, as well as changes for your whole house in general. Rest assured that the improvements we make will not only add value to your home but will also transform it to a newer, grander version.
(Article Excerpt from Americans Boost Spending on Remodeling by Kris Hudson, The Wall Street Journal, February 3, 2014; Article Excerpt from Remodeling Likely to Trump Selling in 2014, Huffington Post, May 29, 2014)