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Americans are unprepared for home repair costs

from HousingWire

As affordability concerns continue to haunt homeowners across the country, many are choosing to remain in their homes, prompting a surge in the home renovation market. In fact, data from Buildfax states that within the past five years, home remodeling has increased by about 30 percent. Furthermore, data from NerdWallet’s latest Home Improvement Report revealed that from 2015 through 2017, Americans worked on 113 million home improvement projects, spending $449.5 billion. more

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