Lowes Cuts Sales Forecast On Falling Home-improvement Spending
The 2023 Houzz and Home Study reviews that more than 60% of homeowners plan to stay of their home for 11 years or extra following a planned renovation in 2022. Plus, only 6% of today’s homeowners doing renovations plan to promote their home, which is half of the place it was in 2018 at 12%. Her research on the spectrum of home improvement motivators exhibits that even though folks often say they’re committing to a renovation for financial reasons, they most often are not. Her recommendation is to keep away from a focus on lowering utility bills and speak about …
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