From rounded walls and furnishings to traditional styles mixed in with bolder textures and colors, many different styles are influencing today’s home trends. Home remodeling site Houzz recently released its 2025 home design predictions. According to the National Association of REALTORS (NAR), English kitchen styles top that list. NAR states, These cozy kitchens feature cabinets in rich woods as well as historical paint colors, such as moody blues and deep greens. “You’ll also find natural countertop materials, like soapstone and butcher’s block, as well as large range alcoves, wood ceiling…
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Looking to Renovate, Rising Home Values and Low Mortgage Rates Keep Homeowners in Place
Upgrading their homes instead of moving, high mortgage rates and home prices have kept many Americans in place. Many experts report that is to continue in 2025. According to some estimates, homeowners have trillions of dollars of tappable equity in their homes which they could use to access Home Equity Lines of Credit (HELOC) to help fund renovations. And some housing market watchers are seeing an aging U.S. home supply as ripe for updates. “For most people, it doesn’t make sense financially to move,” said Ben Carlson, director of Institutional…
Read MoreResidential Remodeling Market Set for 2025 Growth
Reversing a pullback seen late last year, spending for improvements and repairs on owner-occupied homes is expected to expand by the middle of 2025. This is according to the Harvard University Joint Center for Housing Studies’ latest Leading Indicator of Remodeling Activity (LIRA). Annual expenditures for home renovation and maintenance are projected to grow by 1.2% through third quarter of 2025. Signaling good news for residential improvement and repairs next year, new home construction rates and sales of existing homes are both growing. Additionally, stronger gains in home values (and home…
Read MoreKermit Baker Discusses Growth Outlook For Construction and Remodel Sectors in 2025
Kermit Baker, Chief Economist with the American Institute of Architects, and Kemp Harr discuss the outlook for growth in 2025 and beyond for both the commercial and residential flooring sectors. Read More
Read MoreRemodel of the Week: Bloomfield Hills Residence
This 100-year-old home needed a new front entry. The owner wanted a modern twist on a classic home. The entry looks over a beautifully manicured landscape nestled quietly in a prominent suburban community. The original entry did not take advantage of this view or the property. Read More
Read MoreUtah Home Remodel Experts Release Updated Home Remodeling Cost Projections for 2024-2025
Utah Home Remodel Experts is proud to announce the release of updated cost guides for home remodeling projects in 2024 and 2025, empowering Utah homeowners with the knowledge they need to budget effectively for their dream homes. This update reflects current market trends, material costs, and labor rates, providing a transparent view into what homeowners can expect to invest in transforming their spaces. The cost of remodeling a kitchen in Utah has seen adjustments due to fluctuations in material pricing and increased demand for premium features. Homeowners can expect: Mid-range…
Read MoreCalifornia home-repair costs jump 40% in 5 years
California home-repair costs have surged by 40% over the past five years, driven by rising construction wages and the increased cost of materials. This jump is part of a broader trend of inflation in the state’s housing market, with home values also rising sharply. Nationally, repairs are 40% costlier since 2019 and increased 15% the previous five years. Read More
Read MoreHow to Inspire Home Improvement Spending in 2025 and Beyond
Home improvement is a lot like eating potato chips, once you start, it is tough to stop – homeowners want to make improvements to their space. Whether it is to spice things up or making a necessary repair, a simple update or a complex fix, most consumers do one or more home improvement projects a year, and 95% make a home improvement product purchase annually. It comes down to inspiring and enticing the consumer with less expensive and more focused home improvement solutions. Read More
Read MoreHow Houston Home Remodeling Contractors Are Transforming Homes This Winter
As winter settles in, Houston home remodeling contractors are helping homeowners transform their spaces with a variety of exciting projects. From energy-efficient upgrades to faster scheduling and more affordable pricing, the cooler months offer unique advantages for those looking to enhance their homes. Let’s take a look at how home remodeling contractors in Houston are helping homeowners transform their spaces this season. Read More
Read MorePrivate Residential Construction Spending Rises in October
Private residential construction spending increased by 1.5% in October, according to the latest U.S. Census Construction Spending data. Year-over-year, the October report showed a 6.4% increase. The monthly increase in total private construction spending was primarily driven by higher spending on residential improvements. Improvement spending surged by 2.7% in October and was 18.5% higher compared to the same period last year. Read More
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