Home improvement spending, which surged during the COVID-19 pandemic, has recently slowed after peaking in 2022. As reported by Construction Coverage, the Harvard Joint Center for Housing Studies forecasts that the dip is temporary, and is expected to pick up mid-2025. Home improvement spending varies across regions, with Utah and Idaho topping the list of states where homeowners took out the most loans in 2023. Read More
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Home renovation trends to watch
With the home renovations market growing, many homeowners find that their budgets run over $5,000 after the dust has settled. Despite this, homeowners are still shelling out for popular updates, such as spa-like touches in the bathroom, bold accent walls, and energy-efficient upgrades like HVAC systems. Read more
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