The uncertainty in the housing market continues.
At the beginning of the new year, the economy also seems to be venturing into uncertain new territory.
Inflation and interest rates rise while home sales and prices fall.
This in itself would not be unusual.
However, labor shortages persist, just as material shortages appear to be correcting in some markets and worsening in others.There’s a lot to find out, and there’s really no way to accurately predict the future.
The uncertainty is driving many potential buyers to stay and renovate existing homes with the primary goal of saving money.
We spoke to our resident expert about affordable ways to renovate your home and other affordable home renovation ideas.