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TheStreet: 5 Family Money Fears, Kitchen Remodeling, Nook Targets Kindle


TheStreet: 5 Family Money Fears, Kitchen Remodeling, Nook Targets Kindle

POSTED BY administrator on Sep 27 under kitchen

TheStreet: 5 Family Money Fears, Kitchen Remodeling, Nook Targets Kindle
News from Kingston Daily Freeman:

Here are some of the stories making news in today’s report from The Street, a leading financial news and information site:

5 Money Fears Freaking Out the U.S Family

NEW YORK (BankingMyWay) — Americans are already fidgety over the U.S. economy, and a fresh rollout of data isn’t going to make them feel any better.

In fact, despite ever-present signs of so-called “green shoots,” Americans are facing an ever-growing array of financial concerns that would keep Rip Van Winkle up at night.

To read the story, click here: http://ow.ly/e24p9

How Much Should Your Kitchen Remodel Cost?

NEW YORK (TheStreet) — Topping the list of remodeling projects undertaken by American homeowners is the kitchen.

But what are homeowners spending to upgrade their kitchens?

Nationwide, the average cost of a kitchen remodel or addition, according to Houzz.com survey data, is $ 27,000. Taking a closer look at the nine census regions reveals some significant differences in what it costs homeowners in different areas to build the kitchen of their dreams:

To read the story, click here: http://ow.ly/e255N continues on Kingston Daily Freeman

… Read the full article

Related News:

Luxury is Back for Home Remodeling
News from Sacramento Bee:

/PRNewswire/ – The RemodelOrMove.com Fall 2012 Remodeling Sentiment Report documents a continuing increase in the scale of planned remodels for homeowners. Multi-year highs in the stock market, home prices that are inching up, record low interest rates and pent-up demand for home maintenance are fueling this increase.

Homeowners’ growing preference for using luxury home products is a noteworthy trend. This trend indicates that the remodeling industries will recover top down, with the higher-end products increasing in use disproportionately when compared with the average and economy products. This trend will probably continue until the economic turnaround becomes stronger and more widespread

Details from the Report that indicate that “luxury” is coming back for home remodeling:

  • Homeowners are describing the materials they will use in their remodel as “expensive” at the highest rate since 2008.
  • The scope and scale of remodels is the largest since 2007, with an average remodeling cost estimated to be $ 100,000.
  • 35 percent, the highest number since 2008, of respondents are reporting that the economy is not affecting their plans to remodel.
  • 73 percent, the highest percentage since the Report started in 2006, are planning to hir…………… continues on Sacramento Bee

… Read the full article

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