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

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…

2024 Remodeling Trends To Watch For – Forbes Home

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…

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

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’ actor Zachery Ty Bryan arrested in Southern California

(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…

Two home improvement companies fined a total of £250,000 for making illegal marketing calls

The Information Commissioner’s Office (ICO) has fined two home improvement companies a total of £250,000 for bombarding people on the UK’s ‘do not call’ register with millions of unlawful marketing calls. Poxell Ltd, registered in Wood Green, London, and Skean Homes Ltd, based in Bournemouth, both made unsolicited marketing calls to people registered with the Telephone Preference Service (TPS) while withholding their identity. Poxell Ltd has been fined £150,000 by the ICO for making over 2.6 million unlawful marketing calls between March and July 2022 to people who were registered with the TPS. This resulted in 413 complaints to the…

The most popular home projects are not the ones with the best returns

Most homeowners are planning to remodel at some point down the road, but not everyone will get their money’s worth in improved home value. Of all home improvement projects, the most popular are sparkling bathroom overhauls, according to newly released data from the Contractor Growth Network, followed by big-ticket kitchen and basement renovations. In some cases, homeowners may get that money back when it’s time to sell, but more often, these home renovations rarely deliver a great return. More from Personal Finance:Credit card debt nears $1 trillionHow to get started with investing, budgetingHow much emergency savings do you really need…

5 Signs of a Home Improvement Scam

As home improvement demand remains strong for kitchen and bath remodels, as well as for outdoor renovations, reports of contractor scams are increasing. These schemes are potentially costing homeowners thousands of dollars in losses. About one in 10 Americans have been a victim of a contractor scam, losing an average of $2,426, according to a new study of about 1,000 Americans from JW Surety Bonds. The study uncovered the following most common contractor scams: Baby boomers were the most likely to fall victim to contractor scams (15%), followed by millennials (13%), the survey shows. Red Flags to Watch The study…