home improvement loan rates

June 21, 2024

These Were the Most Popular Home Improvement Projects of 2023, According to BobVila.com Readers

A set of home improvement tools are laid out on a concrete floor.

Photo: istockphoto.com

There’s no shortage of tasks to do and projects to tackle as a homeowner. From necessary repairs big and small (cracks in the ceiling, roof repair, appliance repair, and more) to renovation projects (kitchen and bathroom remodeling, among others), many homeowners are trying to make their houses more than just a place to live—they’re trying to turn them into homes that are a source of shelter, security, comfort, enjoyment, and perhaps most importantly, a sense of belonging.

Homeowners invested more in maintenance than improvement in 2023. Home buying cooled as mortgage rates rose. Paired with a low housing

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3 Home Improvement Stocks to Buy in February and Beyond

Due to evolving consumer preferences and rising consumer demand for refurbished homes, the home improvement industry is well-placed to remain buoyed. Therefore, quality home improvement stocks Builders FirstSource, Inc. (BLDR), JELD-WEN Holding, Inc. (JELD), and Snap-on Incorporated (SNA) could be wise portfolio additions for February and beyond.

The residential remodeling market is growing, driven by shifting consumer preferences and rising disposable income. Disposable personal income rose by $51.80 billion (0.3%) in December 2023.

The rapid change in consumer demographics, particularly due to the millennial and Gen Z populationhas significantly driven the demand for

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Home Depot leans on demand for small projects to top estimates – National

Home Depot beat quarterly profit estimates and posted a lower-than-expected drop in comparable sales on Tuesday, as the top US home-improvement retailer tapped into a switch by customers to small-scale projects and essential repair work.

US consumers have put big renovations and discretionary home-improvement projects on the back burner as they battle still-high food prices, lingering caution around the economy, and higher interest rates.

“Similar to the second quarter, we saw continued customer engagement with smaller projects, and experienced pressure in certain big-ticket, discretionary categories,” CEO Ted Decker said in a statement.

Customer transactions fell 2.4 per cent in the

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