According to a recent report by Clever Real Estate, a majority of homeowners are opting to renovate their current homes rather than moving to already renovated properties. The survey revealed that 63% of homeowners prefer remodeling their existing homes, showcasing a growing trend in the housing market.
Key points from the report include:
– 63% of homeowners prefer renovating their current homes over buying move-in ready properties
– This trend highlights a shift towards investing in personalizing and customizing living spaces
– Renovations can add value to homes and give homeowners the opportunity to create their dream living space
– Factors such as sentimental attachment, location preferences, and budget constraints influence homeowners’ decisions to remodel rather than move
– Home remodeling projects continue to be popular as homeowners seek to improve their quality of life and increase the value of their properties.
You can read this full article at: https://www.housingwire.com/articles/home-renovations-remain-popular-homeowners-need-help-paying/(subscription required)
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