Category: Home Improvement

Nearly Two-Thirds of Homeowners See Home Improvement Projects as an Alternative to Buying a New Home, According to CRAFTSMAN® Home Field Advantage Survey

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More than half of Americans are unwilling to put their homes on the market, fearful of giving up low-rate mortgages and being forced to take out loans that are much more expensive; however, 2 in 3 homeowners say they plan to make home improvements in the next six months to a year More than 2 in 5 homeowners, particularly millennials, admit they have given up on a project altogether due to a lack of necessary tools CRAFTSMAN is currently offering holiday deals online and at participating stores for homeowners looking to save on tools for their next project In addition,…

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

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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…

US Homeowners Double Down on Home Improvement Spending in 2023

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Angi Inc. Angi’s annual “State of Home Spending” report shows increased spending on home improvement projects in 2023 Overall spend on home improvement grows 6% to $13,667 and an average of 11.1 projects per household in 2023 Rising mortgage rates were a driver of home improvement spending: 40% of homeowners said they spent more on home projects as opposed to moving due to high interest rates DENVER, Dec. 07, 2023 (GLOBE NEWSWIRE) — Angia leading and comprehensive solution for improving and maintaining homes, today released its 2023 State of Home Spending report which found that homeowners, despite a year of…

Home Depot to open San Antonio-area distribution center

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SAN ANTONIO – To bolster its service to professional builders and contractors, Home Depot Inc. (NYSE: HD) is building a distribution center in the area. The Georgia-based home improvement retail chain announced Thursday that it would build four centers for professional-grade customers around North America. Besides San Antonio, the company is targeting Detroit, Los Angeles and Toronto. In the cards is a 400,000-square-foot center in Elmendorf, a suburb on the southeastern edge of Bexar County, at 15720 Old Corpus Christi Road. The company told the Business Journal that it expects to hire 75 to 100 employees. As part of its…

Quarter Over Quarter Home Improvement Spending Decrease Expected To Plateau By The End Of 2024 – Forbes Home

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If high interest rates are prompting you to stay in your current home, you’re not alone. For many individuals, now doesn’t feel like the best time to sell and look for something new, but that doesn’t mean you need to keep your home as-is if it’s not functioning in a way that truly serves you and your family . Thankfully, there are a variety of impactful home renovations you can take on right now that will help your space look and feel better, while not breaking the bank. 1. Refinish Hardwood Floors Getty Images If your hardwood floors have seen…

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 loans Best 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…