17 min read 0

Home Improvement Spending Expected To Drop 5.9% Through Q2 Of 2024 – Forbes Home

Key Takeaways Home renovation spending is expected to decrease from $486 billion to $457 billion in 2024. The main driving factors of this decrease include high and rising interest rates, lowering house price appreciation and a decrease in home sales.  Smaller projects and projects with high ROI should be prioritized during this time. The Joint Center for Housing Studies of Harvard University recently published its latest quarterly Leading Indicator of Remodeling Activity (LIRA) report, which predicted a 5.9% decrease in home renovation spending through the second quarter of 2024. This report, which offers a “short-term outlook of national home improvement…
6 min read 0

3 Robust Home Improvement Stocks to Strengthen Your Portfolio

Although home improvement projects have dropped from the heights of the pandemic, the record low supply of homes coupled with high mortgage rates are likely to boost the demand for home improvement projects. Homeowners will likely undertake renovation and remodeling services rather than buying new homes. Given this backdrop, it could be wise to add fundamentally strong home improvement stocks: Tile Shop Holdings, Inc. (TTSH), Lifetime Brands, Inc. (LCUT), and Steelcase Inc. (SCS) to one’s portfolio. Before diving deeper into the fundamentals of these stocks, let’s discuss why the home improvement industry is well-positioned for growth. Home improvement was one…
5 min read 0

3 ways to pay for your summer home projects

You may access lower interest rates with home equity loans and HELOCs today than you’ll find with other loans and lines of credit. Thomas M. Barwick INC/Getty Images Homeowners looking to take advantage of longer days and better weather may find summer the ideal time to get started on the home improvement project, repair or renovation they planned to do this year. Plus, choosing the right renovation is a great way to boost your home’s value. But with still-inflated prices and pressure in the housing market, it’s important to properly secure the funds you need to complete your home improvements.…
5 min read 0

5 home-improvement projects that don’t cost a lot but bring big payoffs

A fresh coat of paint is among the low-cost improvements that can make a big difference in your home’s appearance. Photo courtesy Getty Images. Credits: Getty Images Whether you’re looking to sell your home or just want to make it more livable, spring is typically the ideal time of year to get a head start on home improvement projects before peak renovation season begins. For those who would like to improve their homes but are hesitant because it will cost too much money, don’t be discouraged. Homeowners can get payback and joy from several smaller, lower-dollar improvement projects, according to…
2 min read 0

SA offers forgivable home improvement loans for low-income homeowners

The city received more than 3,500 applications last year and is expecting even more this year. SAN ANTONIO — A program to help restore your home will soon be on offer from the City of San Antonio. Applications for the home rehab program will open on Monday, October 23 and will be open through November 20. The city received more than 3,500 applications last year and is expecting demand to be even higher this year. The program is offered through the city’s Neighborhood and Housing Services department and offers funding provided through a forgivable loan. The city says the money…
4 min read 0

7 Reasons To Stop Watching Home Improvement Shows

Jasen Wright / Shutterstock.com Homeownership is a trip. A few months ago, I gave up condo life and bought my first house — a 1937 Tudor Revival. And while it’s not really a fixer-upper, the demands of an 85-year-old house can be daunting. For design inspiration, I turned to HGTV and the Magnolia Network (formerly, DIY Network), but nearly every show left me feeling annoyed and underwhelmed. As a category, home improvement shows seem less about helping real people and more about selling big-ticket products. If you’re feeling the same way, it might be time to unplug. Here are several…
2 min read 0

Home improvement retailer wins regional brand award for third time

Home improvement retailer MR DIY is once again World Branding Awards’ (WBA) pick in the Top Home Improvement Regional Award Category. The award recognizes the retailer’s presence in four markets, namely Malaysia, Thailand, Indonesia and the Philippines. This is the group’s sixth World Branding Award. In 2022 and 2021, MR DIY took home the WBA’s Regional Award in the home improvement retail brand category and in the three years prior to that, it took home the national award in the same category. The six consecutive awards cement MR DIY’s position as South-East Asia’s No.1 Home Improvement Store. The WBA, organized…
5 min read 0

Seven home improvements to boost your house price this Spring | Property News | News | Wells Nub News

After a period of falling house prices, it seems the new year has seen a positive upturn in the property market. Reports are suggesting that prices are set to rise again in 2024, thanks to easing inflation and a confidence boost from a General Election which is likely to have property as a key agenda item. So if you’ve had your house sale on pause over the past couple of years, now could be a good time to list your house for sale. But before you do, there are a number of quick jobs you can complete around your property…