Published: Mar. 10, 2022 at 9:00 AM EST|Updated: 20 hours ago CHARLOTTE, N.C., March 10, 2022 /PRNewswire/ — Since the pandemic started two years ago, 73% of homeowners have invested in a home improvement project, according to the 9th Annual LightStream Home Improvement Trends Survey.1 This year, however, the survey found […]
Read Time : 7 Minutes
4 Renovation Projects Homeowners Will Be Investing in This Year
eclipse_images / Getty Images In 2021, spending on home improvement rose 25% year over year to $10,341, a new report from Angi found. And with a quarter of the population spending 50% more time at home, coupled with a general rise in home equity gains, Angi predicts that this trend […]
Read Time : 7 Minutes
New millennial homeowners have gotten their feet wet with DIY and are turning to pros for bigger projects
“We know our limitations now that we’ve actually started doing projects,” one homeowner told Insider. Frank and Helena/Getty Images The home improvement boom is far from finished, but it’s changing. Rather than embarking on DIY adventures, homeowners are increasingly tapping pros for big projects. Experts say that with a tight […]
Read Time : 6 Minutes
How home renovations impact your homeowners insurance premiums
With Americans’ savings rates up and stimulus cash on the way again, home renovations are soaring – but at what impact on homeowners’ insurance? (iStock) U.S. homeowners are taking on home renovations during the pandemic, fortified by increased savings and an environment of low interest rates. According to a Bank of America survey, 70% […]
Read Time : 4 Minutes
76% of Homeowners Made Home Improvements During Pandemic
With many consumers spending more time indoors because of the pandemic, some homeowners have used at least a portion of that time to make improvements on their homes. Porch, a company that connects homeowners and home improvement professionals, surveyed homeowners to gauge whether the coronavirus outbreak has stopped them from […]
Read Time : 8 Minutes
Some homeowners struggled to pay PACE improvement loans. The coronavirus made it harder
It wasn’t until the work was done that Marcelino and Josefina Rodriguez said they learned the truth. They had been signed up for a roughly $45,000 PACE home improvement loan at nearly 10% interest — even though they said a woman working with the contractor told them their new roof […]