Five tips to remodel wisely in a shaky economy
Homeowners face slower 2024 remodeling due to rising rates and weak sales per Harvard housing studies. Five tips cover emergency funds budgeting prioritizing repairs financing choices and delaying projects to save money with guidance from planners in California Oregon and beyond.
MENTIONED IN THIS ARTICLE
Abbe Will
Harvard University
Joint Center For Housing Studies
Eric Maldonado
San Luis Obispo
California
Homebuyers Adjust to Higher Mortgage Rates as New Norm
Interview with Alex Veiga notes buyers have acclimated to elevated rates. In late 2022 buyers faced shock as rates spiked, while early this year builders offered more affordable pricing and repositioned products to attract buyers.
MENTIONED IN THIS ARTICLE
Federal Reserve
Maldonado
U.S
Incline Village
Tri Pointe Homes
Doug Bauer
Associated Press
Tri Pointe
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