What Happens Next in Renovo Bankruptcy Shocker?
The parent company of the home improvement player filed for Chapter 7 in November in what seems to be a sudden collapse of its business. HomeRenew Buyer Inc., which operated under the Renovo brand name, had been rolling up a number of regional remodeling and renovation companies, apparently funded largely by private equity firms. According […]
Houzz Barometer Grows More Cautious
The uncertainties surrounding the national economy, especially in the home building sector, are turning pros more pessimistic. The new Q3 U.S. Houzz Renovation Barometer, a key metric for sizing up the overall state of mind of the professional building community, is out and it shows another decline in sentiment, the second consecutive quarter of such […]
Forecast for Home Improvements Taken Down for the Year
The Home Improvement Research Institute said “prevailing macroeconomic challenges” were causing a slowdown in the market. HIRI—the Home Improvement Research Institute—reported that the total home improvement market is now projected to grow by 3.4 percent in 2025, a reduction from the previous 5 percent growth rate projected in March. However the organization said it saw […]
25% of Home Renovations in Jeopardy Due to Tariffs
Even as the tariff crisis bounces back and forth, new research shows that homeowners might scale back or even cancel projects. There’s no question that the ever-changing situation with tariffs continues to cause havoc among American businesses but it’s also created problems for homeowners who had been looking at doing renovation projects this year. As […]
New Houzz Study Points to Five Big Home Improvement Trends
The just-released Houzz & Home Study identifies the top home improvement projects that homeowners did in 2024. Houzz, the online resource for both professional builders and homeowners, identified five home renovation projects that were the top jobs last year, based on its latest survey of the field. It found that the overall median spend among […]
How Satisfied Are Homeowners with Remodeling Projects?
Americans spent $603 billion improving their homes last year but were they really happy with the results? We all know home improvement projects result in larger living spaces, updated amenities and improved homes – sometimes all three – yet once a project is done are homeowners satisfied with what was done? That’s what the National […]
DesignShop Newest Tool to Send Samples to Consumers
Following the success of its Material Bank service for the trade, parent company Sandow has set up one for shoppers. Material Bank changed the way designers could get building and design samples for future projects and the new DesignShop service is aiming to do the same thing for homeowners and others who are shopping for […]
Home Reno Will Drive Builder Market for 2025
Whatever happens with mortgage rates, it will be existing homeowners renovating their homes that will be the big surge next year. The builder market may still be waiting for an expected reduction in interest rates to drive the new housing market but in the meantime, a new report is suggesting the renovation and home improvement […]
Peel-It-Off Paint? It’s for Real Now with Unpaint
An accidental discovery led to the creation of what is the first temporary paint you can peel off the wall. For builders and contractors involved in finishing out interiors, painting those spaces was always subject to client’s ever-changing opinions and whims. Now that could be a thing of the past. A Colombian company called Glasst […]
The DIY Revolution: Unveiling Its Impact on Woodworking
The Home & Garden Television (HGTV) channel has taken the world by storm, captivating audiences with its array of Do-It-Yourself (DIY) shows—all inspiring homeowners to take on house renovation projects independently without professional contractor involvement. HGTV’s lineup of DIY shows features everyday people tackling ambitious home makeovers involving everything from simple fixes to full-scale renovations. […]