Ex-NFL star sentenced to five years in prison for mortgage fraud

Ex-NFL star sentenced to five years in prison for mortgage fraud

Irving Fryar and his mother convicted of conspiring to steal $1.2M

Experian hacked: 15 million people’s credit data stolen in breach

Credit reporting agency becomes latest victim of data breach

Here's what today's job creation implosion means for housing and mortgage finance

Jobs crater, labor participation rate near 40-year low and zero wage growth
Real Estate

More homeowners are spending on home improvement

Home improvement spending is expected to grow as the year progresses, according to data released Thursday by the Joint Center for Housing Studies of Harvard University. And such a jump is not unusual, considering spending in the segment grew 10% last year alone.



"Contractors and subcontractors are having more difficulty finding skilled labor, and building materials costs are unusually volatile for this stage of a recovery," notes Baker. 

In February, Zillow (Z) launched Zillow Digs, a home improvement marketplace intended to give home shoppers and homeowners visual inspiration and understanding of the cost of remodeling projects.

Cynthia Nowak, the Zillow Digs communication manager, said, "What we have generally found is that certain improvements add to the value of any home. Those that have lasting value such as bathrooms and kitchens are especially beneficial in the long run."

Nowak added that this is why Zillow Digs provides home shoppers and homeowners Digs Estimates of actual costs of thousands of real bathrooms and kitchens based on where they live.


Recent Articles by Megan Hopkins

Comments powered by Disqus