Category: Home Improvement

4 projects that will grow your home equity (and 4 that won’t)

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Home equity loans and HELOCs, which are secured by your home, may help you access financing with lower rates than alternatives. Getty Images/iStockphoto high mortgage rates, low inventoryand elevated home prices have left many Americans postponing their homebuying plans. On the upside, however, most who bought homes over the past few years have seen a sizeable increase in their equity. If you’re looking to make home improvements that’ll further boost your home’s value — or help maintain it when prices fall — a home equity loans or line of credit can be a good option. Both allow you to access…Continue Reading

Save big on home improvement projects, meet local and national vendors at the St. George Fall Home Expo – St George News

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Promotional image courtesy of St. George Fall Home Expo, St. Petersburg George News CONTRIBUTED CONTENT — Are you ready for huge savings on home improvement projects at the St. George Fall Home Expo? This two-day extravaganza will feature a wide array of exhibits covering everything from interior design solutions to landscaping ideas. Promotional image courtesy of St. George Fall Home Expo, St. Petersburg George News The much-anticipated St. George Fall Home Expo is returning this autumn, promising homeowners a one-stop destination for all their home improvement needs. This event will showcase the latest trends and innovations in home improvement, remodeling…Continue Reading

Local man accused of home improvement fraud | Local News

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A man accused of taking a local couple’s money in return for building improvements that he never worked on in 2022 was arrested in the two cases against him last week. Brian E. Miller, 58, of Claysburg, faces charges of false statements to induce agreements for home improvement services in two cases. Both cases were filed on Nov. 2, and Miller was appointed on Friday. One of the alleged victims told police she and her husband had hired Miller to replace the roof of their residence and paid him on Aug. 8, 2022, for the supplies needed to fix the…Continue Reading

Home improvement retailer Kingfisher warns on profit outlook

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European home improvement retailer Kingfisher warned on Monday that current-year profit would fall short of analysts’ expectations after it reported a 25% drop for 2023-24. “In the short term, while repairs, maintenance and renovation activities on existing homes continue to support resilient demand, we are cautious on the overall market outlook for 2024 due to the lag between housing demand and home improvement demand,” CEO Thierry Garnier said. Shares of the FTSE 100-listed group, which owns B&Q and Screwfix in Britain and Castorama and Brico Depot in France and other markets, have fallen 11% over the past year. Kingfisher forecast…Continue Reading

Beverly Hills places moratorium on home improvements over lack of affordable housing

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Moratorium on Beverly Hills building permits A judge has issued a moratorium on building permits in Beverly Hills. A judge has stopped the city of Beverly Hills from issuing all building permits except for new residential development as a penalty for the city’s alleged failure to approve an appropriate plan for affordable housing, it was reported Thursday. Beverly Hills leaders are appealing the Dec. 21 decisions by Los Angeles Superior Court Judge Curtis A. Kin and are still processing permits, but the potential consequences on home and business owners and the construction industry have surprised officials there, the Los Angeles…Continue Reading

Home improvement spending to decline faster in 2024, says Harvard report

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CAMBRIDGE, Mass. – Annual expenditures for improvements and repairs to owner-occupied homes are expected to decline at an accelerating rate through the first half of 2024, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Joint Center for Housing Studies at Harvard University . The LIRA projects that year-over-year spending on homeowner improvements and maintenance will shrink by 2.7% through the first quarter of next year and by 5.9% through the second quarter, following a slowdown in growth that began in the final quarter of 2022. “Home remodeling activity continues to face strong headwinds from high…Continue Reading

Home improvement contractors subject to new regulations in Delaware | The Latest from WDEL News

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New regulations are in place in Delaware governing the home improvement industry. Attorney General Kathy Jennings said Wednesday that the regulations clarify common-sense practices and protections that will help ensure that homeowners are treated fairly and have peace of mind when dealing with a contractor. They clarify requirements for certain disclosures, and what counts as an “estimate,” or a “contract.” The Justice Department Consumer Protection Unit took previous complaints about the industry into account in developing the rules that became effective Wednesday, November 1st. Last year, DOJ received about 200 complaints related to home improvement issues, and there have been…Continue Reading

News Flash • Burlington County Commissioners Make Changes to

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The Burlington County Commissioners have approved changes to a County program that assists low- and moderate-income residents with critical home repairs. The Burlington County Home Improvement Loan Program provides zero-interest deferred payment loans to income-eligible homeowners of up to $25,000 to make repairs or correct substandard conditions that might impact health and safety. Previously residents who qualified for the loan were required to repay the full amount without interest whenever their home was sold or the residents moved. The change approved by the Commissioners allows the loans to be forgiven if the recipients continue to live in their home for…Continue Reading