Renovations Equation Shifting

In recent years, homeowners have used home equity loans to generate cash for renovations to prepare homes for sale. The trend is starting to shift toward people who intend to stay in a home longer. With housing prices climbing and the real estate market getting more competitive, homeowners are thinking more carefully about renovations. People are using home equity loans to upgrade houses. They're also thinking about which renovations will give them the largest increase in sales price. (Source: Tampa Tribune) Click here for full story . . .

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