We’re renovating more than ever. Here are 5 home improvement trends that don’t involve decluttering - Los Angeles Times
US homeowners spend $340 billion a year on home improvement and repairs, a figure that has been skyrocketing in recent years. Americans are increasingly using online services such as HomeAdvisor to hire qualified contractors. Younger homeowners are more likely to take a DIY approach to home projects, but even they often lean on professionals for the more difficult tasks. In terms of what homeowners are doing, one of the newest trends in renovation is Circadian rhythm lighting, a smart home system that adjusts lighting based on time of day. High-tech security is another growing trend. The current boom in home improvement is expected to continue until 2021.
Key Takeaways:
- Americans’ home improvement projects cost a staggering $340 billion a year, and the figure will likely grow larger through at least 2021.
- America’s housing stock is getting older and more expensive, while people are moving less often.
- Home security improvements like cameras, security systems and better locks continue to fly off the shelves.
“Seemingly unlimited design options (Home Depot lists more than 6,000 faucet choices) allows the group (or anyone) to put unique stamps on homes.”