Tinkering With Your House? You Are Definitely Not Alone

A new index that tracks permits pulled should shed more light on one of the biggest trends in real estate. According to BuildFax, a Texas-based company that collects and analyzes a range of construction data, the dollar value of home renovation projects has declined significantly, but the number of local permits pulled for various home improvement projects is on the rise. The new index produced by BuildFax reveals that permits below $10,000 have increased, even as bigger projects above that amount have fallen off dramatically. “Before, there was a lot of remodeling to sell your house,” says Joe Emison of BuildFax. “Right now it’s about, ‘I am finally going to fix those things that are driving me nuts.'” | Read More