- Based on local market conditions in 2009-10, several metropolitan areas appear well-positioned for an upturn in remodeling activity.
- While many of the stronger metros are among the traditional top-spending markets - such as Philadelphia, Baltimore, Milwaukee, and Chicago - appear promising.
- These markets may be poised for faster recoveries because they have older housing stocks, higher incomes and home values, and a larger share of upscale remodeling expenditures.
- You can find the entire report from The Joint Center for Housing Studies here: http://www.jchs.harvard.edu/publications/remodeling/remodeling2011/index.htm
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