{"id":17654,"date":"2020-08-13T12:28:03","date_gmt":"2020-08-13T12:28:03","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=17654"},"modified":"2020-08-13T12:28:03","modified_gmt":"2020-08-13T12:28:03","slug":"most-popular-home-updates-during-the-pandemic","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/most-popular-home-updates-during-the-pandemic\/","title":{"rendered":"Most Popular Home Updates During the Pandemic"},"content":{"rendered":"

Most Popular Home Updates During the Pandemic<\/h1>\n

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Many Americans turned their attention to their homes during the pandemic. Home improvement big-box retailers reported a swarm of traffic as homeowners looked to spruce up their nests while sheltering in.<\/p>\n

What were homeowners working on?<\/p>\n

Outdoor spaces were fueling much of the demand, according to Houzz, an online home remodeling platform. For example, new decks or patios, pools, and fences have gotten a lot of attention.<\/p>\n

Homeowner Justin Sullivan shared with CNBC his feelings about his pool, home gym, and sauna projects. \u201cWhen you\u2019re not able to go out, your house is an enjoyable space where you can live bunker-style and still be active, still feel comfortable, and still enjoy,\u201d Sullivan says. \u201cThe kids will have spaces to make sure they can work from home, and when it gets really hot in the summertime, they\u2019ll have a place where they can cool off.\u201d<\/p>\n

Houzz reports a 58% annual increase in project leads for home professionals in June as homeowners looked to update their spaces. Searches for pool and spa professionals tripled this summer compared to a year ago, Houzz reports. Deck and patio professionals saw more than double the demand.<\/p>\n

Also, demand for interest in fence installation and repairs jumped 166%, Houzz notes.<\/p>\n

The desire for more space has been common for homeowners during the pandemic. That may explain why Houzz has seen a 52% increase in professionals being called in for home extensions and additions.<\/p>\n

Kitchen and bath remodels also have been popular, seeing a 40% jump in demand in June compared to a year ago, Houzz reports.<\/p>\n

Homeowners have seen record high amounts of home equity during the pandemic, which may be one motivating factor to tackle more house projects. More than 15 million residential properties\u2014or 27.5% of all mortgaged homes–were considered equity-rich in the second quarter, according to ATTOM Data Solutions. (That means the mortgages on those properties is 50% or less than the value of the home.)<\/p>\n

Homeowners don\u2019t appear to be done sprucing up their nests. More than three-quarters of homeowners recently surveyed say they plan to tackle a new house project over the next 12 months, according to Porch.com, a home remodeling website. Their top motivators were \u201cfinally having time,\u201d \u201cadding value to the home,\u201d and a desire to make their home \u201cfeel more cozy.\u201d<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Source:<\/div>\n
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\u201cPandemic Home Remodeling Is Booming: Here\u2019s What Your Neighbors Are Doing<\/a>,\u201d CNBC (Aug. 7, 2020)<\/div>\n
\u00a9National Association of REALTORS\u00ae
\nReprinted with permission<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Most Popular Home Updates During the Pandemic   Many Americans turned their attention to their homes during the pandemic. Home improvement big-box retailers reported a swarm of traffic as homeowners looked to spruce up their nests while sheltering in. What were homeowners working on? Outdoor spaces were fueling much of the demand, according to Houzz, … <\/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-17654","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":"\nMost Popular Home Updates During the Pandemic - 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=\"https:\/\/www.anthonydidonato.net\/wordpress\/most-popular-home-updates-during-the-pandemic\/\" \/>\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\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/most-popular-home-updates-during-the-pandemic\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/most-popular-home-updates-during-the-pandemic\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Most Popular Home Updates During the Pandemic\",\"datePublished\":\"2020-08-13T12:28:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/most-popular-home-updates-during-the-pandemic\\\/\"},\"wordCount\":416,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/most-popular-home-updates-during-the-pandemic\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/most-popular-home-updates-during-the-pandemic\\\/\",\"name\":\"Most Popular Home Updates During the Pandemic - 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