According to Angi's 2023 State of Home Spending report, Americans spent thousands of dollars on home projects this year, with many homeowners choosing to spend more on improvements rather than moving due to elevated housing costs and high mortgage rates.
Read More »Residential Remodeling Activity to Get a Reboot Next Year?
While unwarranted repairs remain a hassle for many homeowners, annual spending for improvements and restorations to owner-occupied homes is expected to shift in the coming year, according to a new report from the Joint Center for Housing Studies. Here are the factors in play.
Read More »Study: What Today’s Homebuyers Want, What Sellers Need to Know
The latest “Preparing to Sell” report from Curbio revealed that 43% of home sellers don't think they need to update their house before listing, but new data found that homebuyers want move-in-ready homes. Click through to read what else the study found.
Read More »Study: Despite Pandemic Remodeling Boom, Aging Homes Need Additional Investments
A Harvard University study reveals the nation’s homes are older today than at any time ever recorded, and remain in dire need of critical maintenance.
Read More »Experts Predict Home Improvement Spending to Decline by 2024
Harvard's Joint Center for Housing Studies released its Leading Indicator of Remodeling Activity report, which projects that year-over-year expenditures for homeowner improvements and repairs will experience a near 3% decline through Q1 2024.
Read More »Inflation Hampering Home Improvement Projects Nationwide
A new analysis of data from Discover Home Loans has found that 75% of homeowners are finding projects to be more expensive than originally budgeted, causing some to reconsider their renovation plans.
Read More »Staying Put: What Homeowners Need to Age in Place
As many seniors expressed worry about high interest rates, some 90% said they still want to age in place, but a new Point study revealed mounting costs for home improvements may be necessary in order to stay put.
Read More »Home Improvement Spending Outpacing Homeowner Incomes
A new report revealed where home improvement spending is rising faster than incomes, as homeowners in Southern states were found to spend more on home improvements compared to large cities like New York and Philadelphia.
Read More »Home Improvement Projects Return Less Than One May Think
According to new data, even “luxury” upgrades were found to have a poor ROI with half coming in at 50% or lower.
Read More »Owners See Wisdom in Renovating Existing Properties
Still hot as ever, the housing market is continuing to find new highs in 2022 but consumers now overwhelmingly agree that the time is right to mold the ...
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