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America's home-improvement industry gets a major boost

Record renovation spending expected this year as many homeowners decide to remodel their homes rather than move

Published Thu, Jan 29, 2015 · 09:50 PM

    Washington

    CORY Laws considered selling his house and moving to an updated property with his girlfriend. But he likes his neighbourhood, so he decided to spend as much as US$100,000 to remodel the Herndon, Virginia home.

    "I bought the house for me and my two girls at the time, but they're adults," said Mr Laws, 61, who's already rebuilt one room and added mahogany floors to his basement to turn it into a guest apartment. "We're morphing the house into our haven."

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