News have been reported that even if the interest rates are being charged low as compared to those past few months and with a great numbers in the GDP growth still a fall in the prices of the homes were seen. Price indexes for homes were seen to be indicating a decline on its values and this is according to S&P/Case-Shiller Home Price Index.
This is because of the fact that more homeowners are investing their money more on renovating their homes rather than buying a new home. Their home improvement activities benefited a lot of re-modelers increasing the rate of this activity and of course the remodeling industry as reported by NAHB Remodelers Chairman Bob Peterson.
This is because of the fact that more homeowners are investing their money more on renovating their homes rather than buying a new home. Their home improvement activities benefited a lot of re-modelers increasing the rate of this activity and of course the remodeling industry as reported by NAHB Remodelers Chairman Bob Peterson.
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