Housing Wire
MAY 10, 2021
announced today the launch of Finance of America Home Improvement , a new business division offering non-mortgage financing options, including renovation loans. Per a study from Harvard University’s Joint Center for Housing Studies, renovation financing is expected to increase 3.3% billion in 2019.
Housing Wire
MAY 22, 2024
“The demand for inconspicuous safety bars, lower sinks, residential elevators and other amenities has given home improvement chains, contractors, designers and architects a noticeable lift.” The Home Depot is refreshing an in-house brand with accessibility in mind for things like grab bars and easier-to-use faucets.
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Raleigh Realty
JULY 12, 2022
All that staring at the same walls has probably made many realize — it’s been a while since your home had a fresh coat of paint. If you’re considering a home renovation, you might be looking for some insight on what other homeowners are doing. billion in the United States alone by the end of 2022.
Housing Wire
APRIL 8, 2021
Despite ongoing lockdowns, social distancing and cutbacks on how many customers can enter the store at a time, Home Depot still managed to boost customer transactions by nearly 9% from the year prior. The share of people who made improvements to their home that amounted to more than $10,000 was 10%, double that of pre-COVID-19 levels.
Housing Wire
APRIL 2, 2021
billion in 2019. billion, compared to $894 million in 2019, pre-tax net income grew 541% to $500 million, compared to $78 million in 2019. Two weeks ago, the firm launched a home improvement vertical with the $45 million acquisition of Renovate America ‘s Benji business line. billion in 2020 from $19.16
Cornerstone
MAY 4, 2021
Many more homebuyers are competing for available houses, and renovations might not be as necessary as they were to sell competitively just a few years ago. Taking the time (and spending the money) to renovate before selling might cause you to miss out on this chance. Keep 2 things in mind if you’re planning to sell this season.
Housing Wire
MARCH 10, 2023
Closed fixed-rate second-lien [home-equity] loans have been up the least in terms of volume, Toohig said, with HELOCs leading the charge — along with unsecured personal loans used for home improvement. (A billion as of yearend 2022, some 13%, or about $171 million, was committed to the home-equity investment, or HEI, space.
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