Ongoing supply and affordability challenges in the housing market have frustrated many homeowners who have looked to trade up or relocate for various reasons. In response, some consumers have turned to renovation projects to meet their needs.
According to survey data released this week by St. Louis-based Clever Real Estate, 63% of homeowners would rather remodel their current home than move to one that has already been fixed up. There’s a variety of reasons for choosing this option, but the most commonly cited were to repair damage (35% of respondents), to increase comfort (35%), to improve details ⇒
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