Residential Construction Increase Expected

In the early 2000s, some in the residential-construction industry predicted that, in the not-too-distant future, the United States would reach its new-home saturation point. The result would be a corresponding growth in the remodeling industry because the houses that had been built in the 1980s and 1990s would require major updating. Although some builders added remodeling components to their businesses, the bursting of the housing...

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