FIXING ON THE UPSWING
American Express predicts an increase in home improvement plans for 2012. According to a March report, most homeowners, 70 percent, have plans for 2012, and expect to spend an average of $3,500 to spruce up their homes, an increase of $100 from last year.
Percentage of homeowners with plans to improve home:
2011: 64%2012: 70%
Percentage with plans to remodel indoors:
2011: 55%2012: 58%
Percentage with plans to remodel outdoors:
2011: 29%2012: 35%
Source: American Express