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Industry Info & Trends

Index of Remodeler Sentiment Shows “Extreme” Confidence

April 11, 2017We at HomeAdvisor have just launched a new quarterly index of sentiment among home improvement contractors.  In collaboration with The Farnsworth Group, we surveyed 1,744 companies, asking their leadership about their current and expected future business prospects.  For more comprehensive results, methodology, and survey dates, explore the detailed data, and watch for ongoing quarterly…

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home automation

2017’s Hottest Remodeling Trends

A new generation of cutting-edge design inspirations is making 2017 a big year for home renovations. Here’s a look at some of this year’s most intriguing remodeling trends. Transitional Kitchen by O’Hanlon Kitchens, Inc. in York, PA Colored Kitchens Bright colors are making a major splash in contemporary kitchen design. Colored cabinets, appliances and fixtures…

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Twin Engines of Growth: Confidence and Home Equity

March 23, 2017 Homeowners in the U.S. have become wealthier just by being homeowners.  According to the Federal Reserve’s household flow of funds data, the average homeowner went from $85,000 in home equity in the year 2011 to $167,000 in 2015.  As of today, in early 2017, the average homeowners equity is more than DOUBLE…

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3 Smart Kitchen Gadgets to Take the Guesswork Out of Cooking

March 20, 2017 If you’re a whiz in the kitchen, you might dismiss the latest smart kitchen technologies as more dumbing down of the American cook. It’s true, mastering essential cooking skills is the best way to eat and drink well at home, whether for pan-seared scallops, a perfectly blended vinaigrette, or a cup of…

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7 Smart Home Products You Have to (Not) See to Believe

March 17, 2017 The Architectural Digest Design Show, which runs from March 16-19 in New York City, has always been about smart design. More and more, it’s about smart technology as well. You wouldn’t know that just from walking the floor, however. That’s because the technology has become pretty much invisible, allowing the allure of the…

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Impressive Resilience Seen in Single-Family Construction Data

March 16, 2017 New data from the Commerce Department shows that the market for new single-family homes continued to strengthen as apartment-building construction weakened.  Single-family construction rose 6.5% in February from the previous month, while multifamily construction fell 3.7%.  As we had been predicting, multifamily construction has started to soften, following an extremely strong multi-year…

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Builder Confidence Back to 2005 (Peak!) Levels

Home builders are feeling more confident than they have any time since the (2005) peak of the housing market.  Builder confidence in the market for newly-built single-family homes jumped six points to a level of 71 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This is the highest reading since June…

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Harvard Report: Takeaways and Further Thoughts

February 28, 2017 I just read the new report called “Improving America’s Housing: Demographic Change and the Remodeling Outlook” The Harvard Joint Center, as always, did a fantastic job summarizing the key trends and issues. Here are some of my takeaways and thoughts. Not One, but Two 900-Pound Gorillas (The Boomer and Millennial Generations) The…

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Home Depot’s Strong Results and The Outlook for Home Improvement

February 21, 2017 With more homeowners feeling flush from a sustained rise in their property value, home improvement spending is on the rise, and The Home Depot has once again nailed down its position as the leader in the home improvement retail business, $22.2 billion in sales in the fourth quarter, beating analysts’ predictions averaging…

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Custom home design

7 Home Hacks to Start 2017 Off Right

Whether you hope to do a big remodel or simply need to deep clean, the beginning of the year is always a popular time to check off some of those pesky things on your household to-do list. Luckily, not every project has to be a big chore. Tackle the list head-on using some of these…

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