UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                     WASHINGTON, D.C. 20549

                           FORM 10-K/A

        (X) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
              OF THE SECUITIES EXCHANGE ACT OF 1934
           FOR THE FISCAL YEAR ENDED DECEMBER 31, 1997

                               OR

      ( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
             OF THE SECURITIES EXCHANGE ACT OF 1934

                 COMMISSION FILE NUMBER 0-24912

                       WELCOME HOME, INC.
                       309 Raleigh Street
                     Wilmington, N.C. 28412
                         (910) 791-4312


INCORPORATED IN                                   I.R.S. EMPLOYER
                                                         DELAWARE
                                               IDENTIFICATION NO.
                                                       56-1379322

Securities registered pursuant to Section 12(b) of the Act: None

Securities registered pursuant to Section 12(g) of the Act:

Common Stock, Par Value $.01 Per Share

Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes (X)   No ( )

Indicate by check mark if disclosure of delinquent filers
pursuant to Item 405 of Regulation S-K is not contained herein,
and will not be contained, to the best of registrant's knowledge,
in definitive proxy or information statements incorporated by
reference in Part III of this Form l0-K or any amendment to this
Form10-K.  (X)

The aggregate market value of the voting stock held by non-
affiliates of the registrant was $1,991,237 as of March 13, 1998.
Determination of affiliate status for this purpose is not a
determination of affiliate status for any other purpose. As of
March 13, 1998, there were 7,453,615 shares of the registrant's
common stock outstanding.


Documents Incorporated by Reference: None

<PAGE>

Welcome Home, Inc. has discovered two clerical errors in the
Company's filing of the 10K for the period ended December 31,
1997.

The first error was an omission of a line "Other" in the Cash Flows
from Operating Activies section in the Consolidated Statement of 
Cash Flows exhibit. The second error, also in the Consolidated
Statement of Cash Flows exhibit mis-stated the 1995 "Depreciation"
These corrections have been included in the following statement:

<TABLE>
<CAPTION>
                                
                                
                       WELCOME HOME, INC.
              CONSOLIDATED STATEMENTS OF CASH FLOWS
                                
                                         Years Ended December 31,
                                           1997      1996       1995
------------------------------------------------------------------------
                                         (in thousands of dollars)
<S>                                       <C>        <C>        <C>
------------------------------------------------------------------------
Cash flows from operating activities:
Net loss                               $  (6,266)  $(20,339)  $(10,449)
Adjustments to reconcile net 
  loss to net cash
  provided by (used in) 
  operating activities:
   Depreciation                            2,185     2,096       2,121
   Deferred income taxes                       -     2,185      (1,241)
   Restructuring charges                       -     8,106       5,913
   Other  non-recurring charges                -         -       1,016
   Other                                     (98)        -         121
Changes in operating assets and liabilities:
   Inventories                              5,396      507       2,484
   Prepaid expenses and other assets          408      208         369
   Accounts payable                          (560)   1,038      (1,023)
   Accrued liabilities                      2,428      837         485
   Income taxes payable                         -        -        (294)
   Payables to Jordan Industries            2,764    1,007           -
------------------------------------------------------------------------
Net cash provided by (used in) 
  operating activities                      6,257   (4,355)       (498)
------------------------------------------------------------------------
Cash flows used in investing activities:
 Capital expenditures                        (134)  (1,638)     (5,021)
 Other                                        122        -        (100)
------------------------------------------------------------------------
Net cash used in investing activities:        (12)  (1,638)     (5,121)
------------------------------------------------------------------------
Cash flows from financing activities:
 Proceeds from advances from 
   Jordan Industries                            -    2,000      15,678
 Repayment of advances from 
   Jordan Industries                            -   (2,000)    (12,318)
 Proceeds from line of credit              71,858   63,559      19,650
 Repayments - line of credit              (78,021) (56,649)    (14,437)
 Purchase of treasury stock                     -        -      (2,945)
 Loan fees - line of credit                     -        -        (390)
 Other                                       (952)    (736)       (448)
------------------------------------------------------------------------
Net cash (used in) provided by
  financing activities                     (7,115)   6,174       4,790
------------------------------------------------------------------------
Net (decrease) increase in cash 
  and cash equivalents                       (870)     181        (829)
Cash and cash equivalents at 
  beginning of period                       1,715    1,534       2,363
------------------------------------------------------------------------
Cash and cash equivalents at 
  end of period                           $   845  $ 1,715     $ 1,534
========================================================================

</TABLE>
                                   15
<PAGE>
                           SIGNATURES
                                
  Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, as amended, the registrant has
duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized, as of the 13th of March,
1998.

                                        WELCOME HOME, INC.


                                        By:   /s/   Mark S. Dudeck

                                              ---------------------
                                        Name: Mark S. Dudeck
                                        Title: Vice President, Treasurer
                                               and Chief Financial Officer