Shifts in home sales affecting home renovation industry

More than 530 homes sold in Hampden County in the last 6 months.

SPRINGFIELD, Mass. (WWLP)– Nationally there’s been a slight drop in the number of people planning to sell their homes this year, according to a recent American Express Spending and Saving Tracker survey.

Real estate experts locally, however, say they are still seeing a steady incline in home sales throughout the Pioneer Valley, with roughly 530 homes sold in Hampden County in the last 6 months.

Sears Real Estate co-owner, Brian Sears says homes selling the quickest are those that are so-called move-in ready.

“Buyers today really want the house done nicely, they want it staged nicely, they want good pictures, they want the granite counter tops, things of that nature.  So they’re really looking to see a house that’s done that they can move right into,” Sears said.

Contracting supply store owners in Springfield told 22News, of those willing to do renovations either before the sell or after they buy, they are leaning more towards doing it themselves.

Bob Boilard, of Boilard Lumbers in Springfield, told 22News lately people seem to only hire contractors for the big projects like, roofing, siding, anything electrical or involving plumbing, or for larger remodels like the entire kitchen or bathroom.

“The big do-it-yourself projects we see are building decks, patios, installing doors, replacement windows, and things of that nature that homeowners try to tackle themselves,” Boilard said.

The American Express survey says more people are looking to renovate their home, spending an average of 4,100 dollars to do so.

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