WASHINGTON - At $9.4 billion, Los Angeles County, CA, leads the country for counties spending the most money on remodeling, says the National Association of Home Builders. Rounding out the top five list are Cook County in Illinois, Orange and San Diego counties in California, and Maricopa County in Arizona.
The NAHB model uses data from the American Housing Survey conducted by the U.S. Census Bureau to estimate local remodeling based on home and home owner characteristics.
Nantucket County, MA, leads the nation on remodeling spending per home at $9,369. Other counties in the top five include New York County (Manhattan) and three counties in the San Francisco Metropolitan area, each with over $8,000 spent per owner-occupied home. The average across all counties nationwide is $2,085.
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