With COVID-related inflation driving up prices, homeowners need to re-examine how they are spending their money says author Joe Oswald.

CHICAGO, July 14, 2022 /PRNewswire/ — As if the COVID-related supply chain disruption making it hard to find many consumer items hasn’t been bad enough, many homeowners suffered sticker shock when the price of lumber hit an all-time high last spring, blowing construction budgets and forcing people to delay their home improvement projects. The cost of gasoline, groceries, food, and other commodities have also increased over the last year, and some areas of the country are seeing a rise in natural gas and electricity prices resulting in higher energy bills. Inflation like this can put a serious dent in household budgets leaving many homeowners to reconsider their plans to build a new home or remodel an existing home.

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