Seattle's home remodeling slows as costs and caution rise
Seattle-area home remodeling activity has slowed down due to a stagnant housing market. Contractors report fewer projects and homeowners are being more cautious with their purchasing decisions. Remodeling costs remain high in the Seattle area, with prices rising by 30% to 50% for common jobs since 2019. Despite the slow market, contractors have limited flexibility to lower prices. Homeowners are taking advantage of the situation, with some finding contractors willing to negotiate prices. The remodeling industry is expected to see a potential rebound, but it's unclear when it will happen.