With the economy being top of mind for most consumers, areas such as home improvement are areas that are just going to have to wait until things improve.
Fewer homeowners plan renovation projects – USATODAY.com
As more people struggle to pay their mortgage and fewer take out home-equity loans, many homeowners have cut back their spending on remodeling kitchens, replacing windows and other improvement projects.
Two out of three homeowners who had planned an improvement project this
year said they would wait until the market stabilizes, and about 11%
said they were abandoning the idea of a project this year, according to
an e-mail survey with 2,100 responses from homeowners in 11 metro areas.
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