There was a recent article in the Philadelphia Inquirer stating that because of the uncertain economy and home prices still being down that more home owners are choosing to renovate their existing home rather than move. The Inquirer told the story of a family who is renovating their West Mount Airy home with the aid of a general contractor.
There is a balance between the economy picking up enough to permit people to perform renovations vs. the economy picking up enough so people want to move.
Have you noticed more renovation projects lately? How has your business been in these tough economic times?
Julie D. Goldstein is an attorney with the law firm Fox Rothschild LLP. Julie practices in Fox Rothschild’s Warrington, PA office. You can reach Julie at 215-918-3558 or firstname.lastname@example.org