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Keepers accelerating pace of remodeling activity

from By Michael J. Berens

Benefiting from low-rate mortgages and rising home values, more Americans who traditionally would be in the market to buy up are choosing to remain in their current homes. Many are taking advantage of the increase in equity to take out home loans to pay for upgrades and repairs. That, in turn — as remodelers already know — is creating more business for the remodeling industry. According to recent reports, the pace of activity heated up in the second quarter. more

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