Though fewer homeowners have been taking on remodeling projects, don’t mistake it as a slowdown, according to a the Leading Indicator of Remodeling Activity (LIRA) report by Harvard University’s Joint Center for Housing Studies This activity indicator is an outlook measuring home improvement and repair spending on owner-occupied homes. Peaking at 17.3% in the third quarter of 2022, LIRA has been declining since, and slid 1.2% in the first quarter of 2024 compared to the prior quarter. Additionally, the National Association of Home Builders’ (NAHB) NAHB/Westlake Royal Remodeling Market Index reflected…
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Remodeling Market Sentiment Remains in Positive Territory in First Quarter
Remodeling Market Sentiment Remains in Positive Territory in First Quarter The National Association of Home Builders released its NAHB/Westlake Royal Remodeling Market Index for the first quarter of 2024, posting a reading of 66, down one point compared to the previous quarter. Read More NAHB https://www.nahb.org/news-and-economics/press-releases/2024/04/remodeling-market-sentiment-remains-in-positive-territory-in-first-quarter
Read MoreRancher Remodel: Family Reconfigures Home for Multigenerational Living
Rancher Remodel: Family Reconfigures Home for Multigenerational Living After living in their rancher in Mountain View’s Blossom Valley neighborhood for about seven years, Janet Luo and Mengzhe Ma realized that they’d simply outgrown the home. Read More Palo Alto Online https://www.paloaltoonline.com/home-improvement/2024/04/04/rancher-remodel-family-reconfigures-home-for-multigenerational-living/
Read MoreAn Interior Designer’s Take on a Heritage Remodel
An Interior Designer’s Take on a Heritage Remodel For this project, the design team’s task was to remodel the client’s childhood home to better suit her young family. Given that she grew up in the home, the client had a lot of time to daydream about the space… Read More Studio McGee https://studio-mcgee.com/historic-remodel-webisode/
Read MoreSmart Ways To Use Your Home Equity for Remodeling
Smart Ways To Use Your Home Equity for Remodeling By using your home equity to fund renovations, you are essentially using your home’s worth to improve its worth. But, while a shrewd strategy, it has its drawbacks too, and evaluating the advantages and… Read More Bankrate https://www.bankrate.com/home-equity/home-equity-for-improvement-renovation/
Read MoreShould I Add an ADU to My Home?
Should I Add an ADU to My Home? Wish you had a mini home separate from the main residence on your property? Yearning for a rental unit that doesn’t require tenants cohabitating with you inside your home? An accessory dwelling unit (ADU)… Read More The Mortgage Reports https://themortgagereports.com/101606/adding-an-accessory-dwelling-unit
Read MoreDesigner-Approved Bathroom Trends Taking Over 2024
Designer-Approved Bathroom Trends Taking Over 2024 Even without a full bathroom remodel, there are plenty of ways to refresh your aesthetic and incorporate these designer-approved bathroom trends for 2024 — whether you’re upgrading a small… Read More Good Housekeeping https://www.goodhousekeeping.com/home/decorating-ideas/g46108269/bathroom-design-trends-2024/
Read MoreHome Renovations Worth the Cost, According to Millionaires
Home Renovations Worth the Cost, According to Millionaires While trends come and go — hello custom bookshelves to impress clients on Zoom — home renovations are still top of mind. Three experts in the home remodeling field sat down to discuss their top tips… Read More Yahoo! https://finance.yahoo.com/news/3-home-renovations-worth-cost-200009583.html
Read MoreTop Renovations That Increase Home Value in 2024
With mortgage rates and home prices at all time highs, 2024 just isn’t looking like the time to buy a home. However, that doesn’t mean you can’t invest in the one you already have, or even purchase a home in need of some, or substantial work. A survey released in early May by Discover Home Loans found that more than half (55%) of American homeowners would rather renovate their current home than move to a new one. This is leading to a surge and significance in repairs and renovations. Many…
Read MoreIs Engineered Quartz the New Granite?
Natural stone countertops are losing popularity amongst other popular kitchen countertop materials, as reflected in Houzz’s 2024 Kitchen Trends Study. In this study, United States homeowners currently or just completed updating countertops, or remodeling their kitchen were surveyed to gather such data. “Engineered quartz has notably increased in popularity as a countertop material, rising by 4 percentage points compared with the previous year,” the study shared. The rise comes after quartz being favored by 42% of respondents in 2022 and 2023. The jump to 46%, though not significant, has the…
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