Americans are delaying home remodeling: DIY movement?

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John Burns News

Dani Romero,Americans

Americans are beginning to delay or find alternatives to home renovation plans as high borrowing costs persist, according to data from John Burns. Yahoo...

Americans are beginning to delay or find alternatives to home renovation plans as high borrowing costs persist, according to data from John Burns.joins Wealth! to break down the latest trends in the housing market and how Americans are finding ways to remodel their homes on a budget.

I spoke with a homeowner in Michigan that said that he wanted to replace his shower stall, and he said that it would cost him about $1000 just to replace that shower stall.And he also said, this is not including, uh, labour costs into all of this mix. That was according to data in April, and the reason is, building products are so expensive right now, and the cost of labour is has also gone up, Brad.According to experts, there are two catalysts that really will help this market.

Three big retailers are pulling out of Canada, and U.S. retail expert Bruce Wilder explains why and what this means for the economy.Human investment advisors can cost a small fortune -- and not even deliver on returns. "Last year, I hired a financial advisor to manage most of my money so I could take a hands-off approach and focus...

 

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