Dossier
outdoor space
Coverage of outdoor space in the Nexus archive.
- Homeowners are fixing up instead of moving out, report finds
A Bank of America report finds that over 25% of homeowners are using funds intended for moving to renovate their current homes due to affordability challenges and high interest rates. Homeowners are prioritizing upgrades like kitchens and bathrooms to add future resale value while avoiding relocations that disrupt communities and personal networks.