| Abstrakt: |
The article discusses how falling interest rates are expected to lead to a resurgence in home renovation projects in the United States. Homeowners are borrowing against the rising value of their properties to fund renovations, with analysts predicting a rebound in spending on new kitchens, bathrooms, and decks. The decline in home sales and high borrowing costs have impacted the remodeling industry, but with lower interest rates and increased home equity, a return to growth in renovation spending is anticipated. [Extracted from the article] |
