Small companies whose success is tied to the remodeling business are looking healthy even as home sales drop. The National Association of Realtors said sales of existing homes fell for the third straight month during June. And the Commerce Department said sales of new homes fell more than 5 percent last month. When owners perceive their home as being worth more, they feel more confident that they're making a good investment by remodeling. Slower home sales don't seem to be deterring people from people from going into the real estate business.

Source: ABC News July 30, 2018 14:37 UTC