January 20, 2017 Just back from KBIS (the Kitchen and Bath show in Orlando), and I was struck by how overwhelmingly positive and optimistic the mood was. I met three business owners who have businesses that are unable to keep up with all the requests they are getting for their home improvement services…
Read MoreProspective 2017 Home Improvement Trends: First-Timers and Fixer-Uppers
January 3, 2017 2017’s prospective home improvement trends are starting to come into better focus — and all signs point to a surge in first-time home buyers and home improvement spending. In fact, HomeAdvisor’s 2017 forecast calls for a continued dwindling of “distress” and a continued increase in the number of “normal” home sales. And…
Read MoreFive Things To Know About Home Office Attitudes and Trends
December 13, 2016 Shift in Home Office Trends Home offices became increasingly popular during the 1990s and 2000s, but as of the last few years, some renovation pros are seeing a decline in the demand for home improvement services related to working from home. More and more people are working from home, so why the…
Read More3rd Quarter: Real Estate Revenue Growth Surpasses Most Other Industries
December 12, 2016 Boom in Real Estate Revenue The economy is growing at a relatively modest pace, but new data from the Census Bureau show that revenue in real estate and rental and leasing is growing faster than the other industries that the agency tracks. Total revenue for the third quarter of 2016, in a…
Read MoreThe 2017 Housing Market Forecast
The 2017 housing outlook is one of diverging trends. HomeAdvisor’s forecast calls for single-family housing to rise at a rate similar to the 2016 rate, but for multifamily construction (apartments and condos) to fall, as the recent apartment boom finally winds down. The single-family home increase is because of job growth and rising household formations,…
Read MoreSingle-Family Home Sales: The West is the Best
November 23, 2016 Sales of new single-family houses in October 2016 were at a seasonally adjusted annual rate of 563,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 1.9% below the revised September rate of 574,000. That said, the number is 17.8%…
Read MoreHome Depot Sales Beating the Rest of the Economy
November 15, 2016 Retail sales, across all types of stores, have shown significant improvement, but Home Depot continues to run rings around many other types of retail. Home Depot just completed their conference call with industry analysts, and they described their business results for their fiscal third quarter. I jotted down some of the key…
Read MoreMore Evidence on the “Nesting is Investing” Trend
November 11, 2016 Recent comments from home products manufacturers on their quarterly earnings calls supports our thesis that people are finally getting around to taking on long-deferred home improvements. Homeowners are now more readily upgrading to higher-quality products. I was reading some research from UBS’ excellent industry analyst Sue Maklari, and she cited some comments from…
Read MoreDoes Your Lifestage Impact Your Happiness?
Published October 2016 In a first-of-its-kind survey, homeowners from across the nation weighed in to tell HomeAdvisor how their home’s location influenced their happiness. After digging into the data, HomeAdvisor found that of the four major life stages of homeowners, Empty Nesters are the happiest and Married with Children are the least happy. Find out…
Read MoreThe Numbers Behind Being Happy In Your Home
Published September 2016 HomeAdvisor surveyed nearly 18,000 homeowners to find out where the happiest homeowners live and what makes them the happiest in their home. If you are planning a home improvement project, use this guide to happiness to determine the next project to focus on. Download the infographic here and get the code to…
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