” Should I remain or should I go?” The response for numerous house owners nowadays seems to remain, according to the just-released 2023 U.S. Houzz & & House Research study. Most of house owners who reacted to our study redesigned or embellished their house in 2022, and strategy to stay in their house for 11 years or more following the remodelling. Over half likewise are preparing house tasks in the coming year.
” Confronted with scarcities of real estate stock and high rate of interest, we’re seeing house owners upgrade their present house to make the area more practical for the long term,” states Liza Hausman, vice president of market marketing at Houzz. “We’re likewise seeing an uptick in additions, with the large bulk of house owners working with specialists to accomplish their objectives.”
In addition to revealing brand-new highs for remodelling activity, the report likewise shares that costs is on the increase and bathroom and kitchens are getting bigger. See more about those findings and other house improvement and embellishing patterns from the brand-new research study listed below.
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