Category: Home Improvement

Best Home Improvement Loans of March 2024

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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 loansBest 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 Services Market to Reach USD 717.6 Billion

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Newark, Dec. 04, 2023 (GLOBE NEWSWIRE) — The Brainy Insights estimates that the USD 382.3 billion home improvement services market will reach USD 717.6 billion by 2032. Services related to remodeling, refurbishment, and renovation of residential properties are referred to as home improvement services. These include restoring, changing, remodeling, enhancing, modifying, and tearing down sections of non-commercial or residential buildings. The most popular home remodeling services include system improvements, floor replacements, room additions, kitchen and bathroom renovations, and exterior and interior replacements. They are frequently utilized to improve the unit’s overall appearance, privacy, safety, and comfort and to shield it…

Commercial Electrical Solutions for Cedar Park Businesses

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If you own or manage a commercial property, you know how critical consistent power and lighting are to daily operations. A qualified Cedar Park electrician is essential for everything from setting up data centers to designing energy-efficient lighting systems.Common commercial services include:New construction wiringLED retrofits for office spacesTenant finish-outs and remodelsBackup generator installationsCode compliance and inspection reportsEmergency electrical repairsPartnering with an experienced electrician ensures that your systems stay up and running without compromising safety or efficiency.Signs You Need to Call a Professional ElectricianNot every electrical issue is obvious. Some start…

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

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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…

America’s home improvement boom appears to be over

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New York CNN —Americans turned into DIY fanatics during the pandemic, beautifying their apartments, homes and condos while they were stuck inside and tired of looking at the same drab interior every day.But the Covid emergency is over, prices are (much) higher, consumers are growing fearful of a recession and people are spending less at Lowe’s and Home Depot.Lowe’s on Tuesday lowered its profit and sales outlook for the year, saying consumers were spending less on home improvement. It comes on the heels of rival Home Depot also posting disappointing sales and a sour forecast last week.…

Decrease in home-improvement sales counters inflation costs | News

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The high volume of home renovations undertaken during the pandemic may finally have peaked, as Home Depot announced 2023 sales may decline as much as 7% to 13% – its first drop in sales in nearly 15 years. This dip, paired with the findings of a recent study on home improvement investments across America, indicates that folks on the East Coast, in particular, are stepping back from renovations in hopes of keeping more cash liquid during this inflation era. A new study conducted by Contractor Growth Network assesses state home improvement spending between December 2021 and December 2022. Its findings…

NARI Milwaukee kicks off its Spring Home Improvement Show

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WEST ALLIS, Wis. — The National Association of the Remodeling Industry (NARI) Milwaukee is putting on its annual Spring Home Improvement Show at the State Fair Park this weekend. With the pandemic in the rearview mirror, NARI Milwaukee says there are signs that the construction and home improvement industries are trending upward.What You Need To KnowWith the pandemic in the rearview mirror, NARI Milwaukee leaders say there are signs that the construction and home improvement industries are trending upwardThe NARI Milwaukee Spring Home Improvement Show will continue at the State Fair Park in West Allis, Wis., on…

Home Depot sales continue to slide but the biggest home improvement chain still tops expectations

andrean,
Home Depot sales continue to slide as Americans wrestle with persistent inflation and the company narrowed its outlook for the year. But the nation’s biggest home improvement retailer still topped expectations for the quarter and shares jumped more than 5% Tuesday. Home Depot now expects earnings per share to decline between 9% and 11% in 2023 and same store sales to fall 3% to 4%. The company previously anticipated an earnings per share drop between 7% and 13% and a same-store sales decline of 2% to 5%. It’s the first time that Home Depot has projected a decline in annual…