Which U.S. cities will usher in the next leg of the remodeling boom? You’ll find them in the Midwest and the South.
Markets like these have already seen their strongest growth and highest per-household expenditures. They’re generally the markets that have experienced the largest home value gains—until now.
But markets like Atlanta, which trailed behind San Francisco in the economic rebound, are rebounding now. And it’s these housing markets – a dozen of them, according to new research from the Joint Center for Housing Studies at Harvard – that are poised to see double-digit growth in home improvement spending in 2018.