by Annie Dameworth | May 27, 2026 | Industry News
More homeowners are choosing to remodel their homes instead of purchasing new ones as elevated mortgage rates and limited housing inventory continue to impact the U.S. housing market. According to the National Association of Home Builders (NAHB), in 2024, an estimated...
by Annie Dameworth | Apr 29, 2025 | Industry News, Trends & Products
The homeownership rate saw a recent dip, declining to 65.1% in the first quarter of 2025, the lowest level since the first quarter of 2020, according to an analysis by the National Association of Home Builders. Housing affordability is also at a multidecade low, with...
by Lindsey Thompson | Sep 6, 2023 | Industry News
According to a new study from Houzz Inc., the leading platform for home remodeling and design, 15% of homeowners—1 in 7—have put their home renovations on hold because of economic concerns. The top reasons for postponing projects include budget constraints at 46%,...
by Lindsey Thompson | Mar 22, 2023 | Industry News
Houzz, the leading platform for home remodeling and design, released its 2023 Houzz & Home Study, which shares key insights from homeowners into the renovation market and homeowner motivations and needs when it comes to renovations. The report included more than...
by Olivia Shroyer | May 25, 2021 | Industry News
New data shows the rate of existing home sales in the U.S. has fallen for the third consecutive month after reaching a record high in October. Additionally, April housing starts have also fallen since March. In total, existing home sales fell 2.7 percent in April...