News: Home improvement

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As investors buy homes, renovate the properties and place them on the rental market, several types of businesses are profiting. This Fox Business article looks at who is winning and why.

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This USA Today video explores some of the new high-tech tools for wirelessly spreading music throughout the rooms of a house. See how a tablet computer playing a song in one room sends the sounds of a folksy tune — sans wires — to an upstairs kitchen. Are luxury apartment owners installing these types of entertainment systems as perks for prospective high-end tenants?

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Work in home improvement? You might see your bank balance improve, too. A study by Harvard’s Joint Center for Housing Studies predicts your industry will enjoy a big bounce this year. Yearly spending on home renovations will see double-digit growth through the third quarter, according to this article by CE Pro magazine. The study, dubbed the Leading Indicator of Remodeling Activity, looks at several factors to make its projections, from pending home sales to business at building supply stores. “The solid momentum behind home building activity, existing home sales, low financing costs and remodeling contractor sentiment all point to a… Read More

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