If sales of building materials and garden equipment are directly lated to sales of homes, we could be looking at an upsurge in the latter, according to a recent piece on the Smart Money blog. The theory goes: Sales of these materials are up because homeowners are investing in their homes’ curb appeal with an eye on selling.
An interesting theory, but it is still only a theory. It could also mean that homeowners are simply resigned to the times and realize that they’re not going anywhere soon, so it’s best to make the most of what they’ve got.
What are your thoughts on the increased spending on building materials and garden equipment? Is it for maintenance or a move?
Credit: Smart Money