Owner-Occupied Housing Stock Is Aging
Pro Builder
JUNE 10, 2022
An older housing stock paired with rising home prices signals a growing remodeling market as more buyers choose to make purchases based on affordability and renovate for upgrades down the road, says NAHB Eye on Housing. But more than half of the owner-occupied homes were built before 1980, with around 38% built before 1970. Housing Markets.
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