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Between the rise in DIY, the rental housing markets, and remodeling trends, 2019 looks like a promising year for the industry, and if these trends continue, some say it could be one of the best years yet.
With home prices increasing, new construction harder to find in some areas of the country, and homeowners aging in place, people are simply staying put and remodeling. “With the existing house stock averaging 38 years old, much of the inventory is in need of updating,” noted Mark Boud, senior vice president and chief economist at Hanley Wood/Metrostudy.
The Home Improvement Research Institute (HIRI) predicts that the home improvement and remodeling trends will continue steadily into at least 2021.With less and less real estate available, more homeowners are, instead of moving, staying put and remodeling their homes, which is great news for the home improvement industry!
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Photo Credit: Andy Dean Photography / Shutterstock.com
During CinemaCon's Filmmakers' Roundtable and Luncheon, Atom Tickets' cofounder Matthew Bakal revealed the latest record-shattering pre-sales for Avengers: Endgame, which has sold more tickets in its first 24 hours than the four previous record holders combined (see the list below). Avengers: Endgame set a new record for most sales in its first 24 hours of being on sale with five times the sales of the previous record set by Aquaman. […]
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