Real Estate in Louisville Ky and Remodeling

Real Estate in Louisville KY.? Remodeling

We will diverge slightly from the economic news from the past four blogs and talk about a subject that was a hot topic of conversation with a sub-contractor who is involved with selling Real Estate in Louisville KY.Remodeling.

The National Association of Home Builders (NAHB) reports that remodeling of kitchen and bathrooms are increasing. I found this very interesting.? Based on a current survey, home remodeling has seen an increase over remodeling in 2010.? Bathroom remodeling jobs have a slight an edge over kitchen remodeling projects (maybe simply because the price of a kitchen remodel is usually higher than a bathroom remodel).

Can you guess why the remodeling trend is on an upswing? The trend of elevated home remodeling can be caused by quite a few factors.? No one really knows for sure but my guess is: Homeowners are choosing to stay in their houses longer.? This choice means that instead of moving, homeowners are choosing to remain in their current home and remodel it to make it more live able and comfortable.? Less discontent means less desire to find a new home.? Giving a house a face lift means the homeowners will appreciate living in their home much more. Homeowners are finding it is being suggested to them ? that they update the look of their home prior to putting it on the market.? Sellers are updating their house to help it compete in the Louisville real estate market.? This can mean more than just ?home staging?.? It can mean replacing out dated construction with new more modern construction that can change the feel of their house.?? Buyers are searching for that sleek, updated look. This survey is yet another indicator of today?s real estate marketplace. NOW is the time to purchase.? A buyer will most likely be able to buy a home that has been recently updated and upgraded over the last ninety days.??Realtors say this is?a huge advantage over a tight market.

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