{"id":7589,"date":"2015-03-03T12:50:43","date_gmt":"2015-03-03T12:50:43","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=7589"},"modified":"2015-03-03T12:50:43","modified_gmt":"2015-03-03T12:50:43","slug":"owners-upbeat-about-their-home-values","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/owners-upbeat-about-their-home-values\/","title":{"rendered":"Owners Upbeat About Their Home Values"},"content":{"rendered":"

Owners Upbeat About Their Home Values<\/h2>\n

 <\/p>\n

\"Owners<\/a>

Owners Upbeat About Their Home Values. Image courtesy of cooldesign \/ FreeDigitalPhotos.net<\/p><\/div>\n

Home sales may be off to a sluggish start this year,\u00a0but home owners are still upbeat when it comes to the value of their homes. They\u2019re willing to spend to preserve that value too.<\/p>\n

Home-improving giants Lowe\u2019s Co. and Home Depot Inc. reported \u201cblowout fourth quarter profits,\u201d which beat expectations with sales advancing more than 7 percent at both retailers, Bloomberg News reports. Purchases greater than $500 surged 13 percent at Lowe\u2019s. What\u2019s more, January is showing strong gains too, which could prove a boon heading into the spring selling season.<\/p>\n

“Consumers are feeling better about their jobs, their wages, and certainly feeling better about the value of their home,” Lowe\u2019s Chief Executive Officer Robert Niblock told Bloomberg. “They are re-engaging in projects that they have put off.”<\/p>\n

With these big box home-improvement stores, home values are key to growth, company officials say. That\u2019s because when home owners feel good about the value of their home, they tend to be more willing to spend on repairs and remodels.<\/p>\n

And home prices have been on the rise: The median price of an existing single-family home in the past year rose in 86 percent of the 175 metro areas tracked, according to the National Association of REALTORS\u00ae.<\/p>\n

Lowe\u2019s, which surveys consumers every quarter, says that its most recent poll showed that 50 percent of the home owners surveyed reported that the value of their home is rising \u2013 marking a survey high (ever since Lowe\u2019s began polling home owners in 2007).<\/p>\n

“That\u2019s certainly good for their willingness to spend on the home,” Niblock says, adding that rising values of existing houses will be the single-biggest driver of Lowe\u2019s business.<\/p>\n

The remodeling industry also confirms the gains. The number of remodeling companies seeing increases in major projects and committed work for the next three months are at all-time highs, according to a fourth quarter survey conducted by the National Association of Home Builders.<\/p>\n

Source: \u201cAmericans Are Still Housing Bulls, Just Ask Home Depot or Lowe\u2019s,\u201d Bloomberg News (Feb. 25, 2015)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Owners Upbeat About Their Home Values   Home sales may be off to a sluggish start this year,\u00a0but home owners are still upbeat when it comes to the value of their homes. They\u2019re willing to spend to preserve that value too. Home-improving giants Lowe\u2019s Co. and Home Depot Inc. reported \u201cblowout fourth quarter profits,\u201d which … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-7589","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nOwners Upbeat About Their Home Values - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/owners-upbeat-about-their-home-values\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/owners-upbeat-about-their-home-values\\\/#article\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/owners-upbeat-about-their-home-values\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Owners Upbeat About Their Home Values\",\"datePublished\":\"2015-03-03T12:50:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/owners-upbeat-about-their-home-values\\\/\"},\"wordCount\":371,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/owners-upbeat-about-their-home-values\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/03\\\/ID-100181849.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/owners-upbeat-about-their-home-values\\\/\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/owners-upbeat-about-their-home-values\\\/\",\"name\":\"Owners Upbeat About Their Home Values - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/owners-upbeat-about-their-home-values\\\/#primaryimage\"},\"image\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/owners-upbeat-about-their-home-values\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/03\\\/ID-100181849.jpg\",\"datePublished\":\"2015-03-03T12:50:43+00:00\",\"breadcrumb\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/owners-upbeat-about-their-home-values\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/owners-upbeat-about-their-home-values\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/owners-upbeat-about-their-home-values\\\/#primaryimage\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/03\\\/ID-100181849.jpg\",\"contentUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/03\\\/ID-100181849.jpg\",\"width\":400,\"height\":266,\"caption\":\"Owners Upbeat About Their Home Values. 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