Home Improvement

Home Depot’s slowing sales suggest Americans feel lousy about housing

21/09/2024
Washington, DC CNN — After three straight years of sales growth, Home Depot went into reverse in the first quarter, and sales and profits were expected to tumble again in the second quarter when the company announced its earnings Tuesday. It might be because Americans rarely feel worse about housing. Only 18% said it was a “good time to buy” according to July’s Home Purchase Sentiment Index from Fannie Mae, matching an all-time low. Unsurprisingly, people continue to attribute the challenging housing conditions to high home prices and unfavorable mortgage rates, said Doug Duncan, Fannie Mae senior vice president and…
Home Improvement

Builders’ Merchants News – New research points to a rise in home improvement plans

01/09/2024
Research by Häfele UK suggests that despite a challenging start to the year for many businesses in the home improvement sector, factors such as a reduction in energy pricing may be allowing homeowners to invest in their homes once again. Almost half of UK homeowners (45%) are planning home improvements within the next two years according to new research. One in ten respondents said the cost and difficulty of buying and selling will see them actively put off plans to move in favor of home improvements and over a third (36%) of all respondents aren’t considering a move but have…
Home Improvement

Best Home Improvement Loans of March 2024

29/08/2024
If your home needs some repairs or you want to tackle big remodeling projects, you might need to take out a loan to meet all your goals. A home improvement loan is a type of unsecured personal loan. You can use funds to pay for home-related projects, whether you need to repair floors or gut your kitchen. Best home improvement loans Best for long repayment terms LightStream LightStream has repayment terms up to 144 months, or 12 years, depending on how much you borrow. This is good for borrowers who need to take out a large amount for major home…
Home Improvement

As home improvement growth slows, consumers turn to e-commerce

28/08/2024
YipitData industry report shows Amazon growing share, ranking second behind The Home Depot NEW YORK, Aug. 17, 2023 /PRNewswire/ — The home improvement industry has seen significant sales shifts towards online shopping, with generalist retailers such as Amazon making significant market share gains against specialty retail leaders such as The Home Depot. YipitData’s State of the Home Improvement Industry Report provides visibility into the dynamics of the $220 billion home improvement market, covering industry trends and growth by channel, retailer and subcategory. Home improvement consumers turning to e-comm in new YipitData report; Amazon ranks #2 in market share behind Home…
Home Improvement

2024 Remodeling Trends To Watch For – Forbes Home

25/08/2024
With the current housing economy, multi-generational homes will be a prominent feature for 2024, as people are moving back in with their parents or having their parents or other family members move in with them. “Adding separate entrances, upgrading the basement to have a second kitchen, and closing off the open floor plan to create more privacy are all trending due to multiple families living under the same roof,” says Morgan Olsen, design expert at Thumbtack. With more grandkids living with their grandparents, the addition of custom playrooms and bunk rooms will be a must in 2024. “Having a space…
Home Improvement

Is Lowe’s Companies Inc (LOW) The Right Choice in Home Improvement Retail?

18/08/2024
News Home Wednesday, March 06, 2024 06:27 AM | InvestorsObserver Analysts Mentioned in this article Lowe’s Companies Inc (LOW) is the highest overall rated company in the Home Improvement Retail industry with an overall score of 67. LOW is up 21.99% so far this year after the company closed yesterday at $240.82. The overall score measures the company’s performance based-off both short and long term indicators and means that LOW scores better than 67% of the overall market. LOW has an Overall Score of 67. Find out what this means to you and get the rest of the rankings on…
Home Improvement

‘Home Improvement’ actor Zachery Ty Bryan arrested in Southern California

06/08/2024
(KTLA) — Zachery Ty Bryan, famous for his role in the ’90s sitcom “Home Improvement,” was arrested over the weekend in California, authorities said. On Feb. 17, at about 2 am, deputies conducted a traffic stop in LaQuinta on a vehicle suspected of being involved in a collision, according to the Riverside County Sheriff’s Office. “When deputies contacted the driver, they observed indications of impairment, leading to the driver’s arrest for driving under the influence with priors,” said Sgt. Wendy Brito-Gonzalez of the Riverside County Sheriff’s Office. Brito-Gonzalez explained that the deputies who conducted the stop work for the LaQuinta…
Home Improvement

Contractors in high demand for state-funded rehab projects

01/08/2024
Across the country, some working families have struggled to maintain safe and sanitary living conditions due to rising living costs. As a result, Gov. Tony Evers awarded grants to help families receive necessary home improvements. To assist low- and moderate-income households with housing rehabilitation projects across the state, Evers announced a $16 million Community Development Block Grant. Of the statewide grant, $3.5 million will go to 11 counties in the Southwest Housing Region, including La Crosse County. “As I travel across the state, one of the things I hear about most from Wisconsinites is the importance of expanding access to…

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