Home sales dip gives renovators, appliance sellers a boost
Published 7:55 am Thursday, March 15, 2018
NEW YORK — A slowdown in home sales is creating opportunities for small businesses like home renovators and appliance dealers.
Business is up at Brad Beldon’s home exterior renovation company, which does roofing, windows, siding and other work in 15 markets across the country. Many of Beldon’s customers are homeowners who aren’t selling because they can’t find other houses they like and can afford.
“People are more willing to do a significant investment in their current homes, knowing they plan to be there for a while,” says Beldon, whose eponymous company is based in San Antonio. Beldon’s revenue was up about 7 percent in 2017, and he expects a similar gain this year.