market trends: Americans Choosing to Renovate Rather Than Move - 09/17/18 08:30 AM
Americans Choosing to Renovate Rather Than Move
When housing markets are down it usually means that homeowners stay put and, more importantly, renovate.
 
Stocks in Home improvement stores have been on the rise recently. Home Depot stock has been up by as much as 15%, since March and Lowe’s stock by as much as 21.7 % since April.  While many factors go into the ups and downs of individual stock prices, some items from the housing market are clearly affecting the profits of home improvement stores.
One thing that can not be overlooked in the number of natural disasters that have occurred in this … (2 comments)