A little breathing room for home owners on the equity they hold in their houses is helping...

|By:, SA News Editor

A little breathing room for home owners on the equity they hold in their houses is helping motivate them to jump into more serious home improvement projects, according to an academic study. Spending could climb 20% this year (Sept. to Sept.) despite credit conditions which are still tight. Home Depot (HD -0.8%) and Lowe's (LOW -1.3%) would be pleased to see more kitchen remodels and wine cellars than simple paint jobs and tiling.