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DIY renovation projects offer the best return to homeowners — but there’s a catch

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Thanks to the coronavirus pandemic, Americans have a lot more time on their hands — and they’re spending that time at home.

Earlier in the health-crisis, economists predicted that spending on renovation projects would actually dip across much of the country. But recent data show that there’s been a definite surge in interest in certain home improvement projects.

Just look at the lumber market: There’s now a shortage of pressure-treated lumber used to build decks across the country.

Meanwhile, the housing market has recovered well from the start of the pandemic, with home sales rising considerably thanks to pent-up demand among buyers fueled even further by record-low…



Source marketwatch.com

Snap earnings Q2 2020

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