Renovation

Rainscreen Cladding Market to Garner $206.63 Bn, Globally, by 2030 at 6.0% CAGR: Allied Market Research

Retrieved on: 
Thursday, August 12, 2021
Urbanization, Ceramic, COVID, CAGR, Economic development, Lists of countries and territories, Renovation, Ramco Cements, Growth, New-construction building commissioning, Weather, Composite material, Commercial, COVID 19, Adoption, Industry, Metal, Renewable energy, Real estate

PORTLAND, Ore., Aug. 12, 2021 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Rainscreen Cladding Market by Material (Composite Material, Metal, Fiber Cement, Ceramic, and Others), Application (Residential, Commercial, and Industrial), and Construction (New Construction and Renovation): Global Opportunity Analysis and Industry Forecast, 2021–2030". As per the report, the global rainscreen cladding market was pegged at $113.31 billion in 2020, and is estimated to reach $206.63 billion by 2030, registering a CAGR of 6.0% from 2021 to 2030.

Key Points: 
  • As per the report, the global rainscreen cladding market was pegged at $113.31 billion in 2020, and is estimated to reach $206.63 billion by 2030, registering a CAGR of 6.0% from 2021 to 2030.
  • Rapid urbanization, growth in the construction sector, and rise in spending on home remodeling and retrofitting activities drive the global rainscreen cladding market.
  • On the other hand, unreliability in harsh weather conditions and fluctuation in raw material prices hamper the market growth.
  • Suspended manufacturing and production and the disrupted supply chain management of rainscreen cladding panels further impacted the market.

Selective Study Finds 25% Increase In Major Home Renovation Projects In First Half Of 2021 Compared To End Of 2020

Retrieved on: 
Wednesday, August 4, 2021
Types of insurance, Insurance, Home insurance, Renovation, Home improvement

The Selective study also found that the South leads the nation in home renovation activity, with 57% of homeowners reporting significant home improvements.

Key Points: 
  • The Selective study also found that the South leads the nation in home renovation activity, with 57% of homeowners reporting significant home improvements.
  • "Selective's study on home renovations reinforces our observations, based on customer interactions, that the current housing and renovation boom remains strong," said Allen Anderson, Senior Vice President, Personal Lines, Selective.
  • "Every home renovation project is unique, but every homeowner needs to protect their investment from future loss.
  • Independent insurance agents help homeowners evaluate their coverage needs and update their insurance to reflect their renovated home's full replacement value."

Las Vegas Home Renovation & Interior Design Company Helping Clients Achieve Their Dream Home Amidst COVID-19 Pandemic

Retrieved on: 
Friday, July 23, 2021
Interior design, Renovation

Las Vegas, Nevada, July 23, 2021 (GLOBE NEWSWIRE) -- The COVID-19 pandemic put life on hold for many people across the globe.

Key Points: 
  • Las Vegas, Nevada, July 23, 2021 (GLOBE NEWSWIRE) -- The COVID-19 pandemic put life on hold for many people across the globe.
  • Kingdom Home Remodeling & Custom Cabinets are a Las Vegas renovation and interior designer company.
  • Their expert team are helping clients achieve their dream homes, by taking exceptionally careful safety measures, and continuing to offer the absolute best in home renovation.
  • Kingdom Home offer a range of renovation and interior design services, including:

Plunk Announces Breakthrough Lending Program Designed Specifically for Home Improvement

Retrieved on: 
Tuesday, July 20, 2021
Technology, Mobile, Wireless, Construction & Property, Finance, Banking, Professional services, Software, Internet, Residential Building & Real Estate, Plunk, Home improvement, Renovation, Bluhm, Creative works, Plunk, Portage Bank, PLUNK, PORTAGE BANK

Plunk, the first mobile app using AI and machine learning to help homeowners make smarter decisions about their largest and most important investment, today announced its new home renovation loan, designed specifically for financing major home improvements.

Key Points: 
  • Plunk, the first mobile app using AI and machine learning to help homeowners make smarter decisions about their largest and most important investment, today announced its new home renovation loan, designed specifically for financing major home improvements.
  • Were all about empowering homeownersfirst with accurate and trusted advice and now with access to better financial products, said Plunk co-founder and president David Bluhm.
  • It saves homeowners time, stress and money; this is pure rocket fuel for home improvement.
  • Plunk also offers a new home renovation loan , which makes financing major remodeling projects simpler, faster and smarter.

The Renovation Generation Needs Help Updating Their Homes Before They Sell, According to Coldwell Banker Survey

Retrieved on: 
Tuesday, July 20, 2021
Interior design, Renovation, Sales, Coldwell, Economy

The survey found that Americans of all generations understand the power of making upgrades to their homes to get more bang for their buck.

Key Points: 
  • The survey found that Americans of all generations understand the power of making upgrades to their homes to get more bang for their buck.
  • In fact, 89% who have sold their homes in the past three years reported that they made upgrades before selling.
  • Coldwell Banker agents have seen great success for their clients with this program as homes sell both faster and for a better price.
  • In true Renovation Generation fashion, 91% of the same homeowners are making updates to their home before selling.

Block Renovation Secures $40 Million in Funding, Launches in Los Angeles, and Introduces Kitchen Renovations

Retrieved on: 
Monday, July 19, 2021
Home Goods, Architecture, Commercial Building & Real Estate, Construction & Property, Other Retail, Interior design, Retail, Residential Building & Real Estate, Casper Sleep, Köda, Kitchen, Block E, Renovation, Human activities, Architecture, Human behavior

Block is led by Block Renovation co-founders T. Luke Sherwin and Koda Wang, a Casper cofounder and a former Rent the Runway executive, respectively.

Key Points: 
  • Block is led by Block Renovation co-founders T. Luke Sherwin and Koda Wang, a Casper cofounder and a former Rent the Runway executive, respectively.
  • "Renovations are incredibly high stakes and stressful -- for both homeowners and contractors," said Koda Wang, Cofounder at Block.
  • Block Expands to California: Block Renovation launched in 2018 for the New York City market.
  • Block Launches Kitchen Renovation Feature: Block is now rolling out its second-ever product: Kitchens.

To Renovate Or Buy: More Than Half of U.S. Homeowners Are Planning or Considering Home Improvements as an Alternative to Moving, DEWALT® Survey Finds

Retrieved on: 
Wednesday, July 14, 2021
DeWalt, Towson, Maryland, Renovation

The DEWALT survey examined homeowners' renovation plans, their experiences working with contractors, and their perceptions of the value that contractors bring to the work.

Key Points: 
  • The DEWALT survey examined homeowners' renovation plans, their experiences working with contractors, and their perceptions of the value that contractors bring to the work.
  • When it comes to selecting a contractor, homeowners prioritize price (62%), followed by being licensed (52%) and professionalism (49%).
  • Most homeowners (53%) rely on word of mouth to find their contractor, while 40% of homeowners use online search.
  • DEWALT commissioned Atomik Research to run an online survey of 2,516 homeowners in the United States.

Fix It or List It: DEWALT Survey Finds More Than Half of Nashville Homeowners Consider Renovations as an Alternative to Buying

Retrieved on: 
Tuesday, June 15, 2021
Building, Home improvement, Renovation, Myreno411, Holmes on Homes

The survey examined Nashville homeowners' home renovation plans, their experiences working with contractors, and their perceptions of the value that contractors bring to the work.

Key Points: 
  • The survey examined Nashville homeowners' home renovation plans, their experiences working with contractors, and their perceptions of the value that contractors bring to the work.
  • The tight housing market is contributing to this demand, with more than half of Nashville homeowners (51%) considering home renovations as an alternative to buying a new home given the state of the market.
  • The home renovation surge is creating intense demand for contractors, but according to homeowners, supply is limited.
  • Most homeowners (56%) rely on word of mouth to find their contractor, with only 35% of homeowners using online search.

U.S. Remodeling Index (USRI) Soars to 75.2; Signals ‘Extended Cycle of Big-Project Spending’

Retrieved on: 
Wednesday, June 2, 2021
Construction & Property, Building Systems, Interior design, Renovation, Home improvement

Very strong and getting strongerthats the latest quarterly reading from the U.S. Remodeling Index (USRI), a respected gauge of business sentiment among home improvement and remodeling professionals nationwide.

Key Points: 
  • Very strong and getting strongerthats the latest quarterly reading from the U.S. Remodeling Index (USRI), a respected gauge of business sentiment among home improvement and remodeling professionals nationwide.
  • This means that demand for remodeling services is higher today than its been in three years, the USRI report said.
  • This data demonstrates compelling strength in remodeling and home improvement, said Todd Tomalak, a principal with John Burns.
  • We believe were in the early stages of a long, extended cycle of big-project home improvement spending, which is reflected in the strength of professional remodeling post-COVID.

41% of homeowners plan multiple projects through June 2021-- Modernize® survey

Retrieved on: 
Thursday, May 20, 2021
Building, Home improvement, Renovation

The survey explores how homeowners budget for their improvement projects, find and select a preferred contractor or remodeler, and plan to pay for their projects.\n"Homeowners are increasingly and more thoroughly doing their homework when searching for contractors," notes Gregg Hicks, Modernize vice president.

Key Points: 
  • The survey explores how homeowners budget for their improvement projects, find and select a preferred contractor or remodeler, and plan to pay for their projects.\n"Homeowners are increasingly and more thoroughly doing their homework when searching for contractors," notes Gregg Hicks, Modernize vice president.
  • "Fifty-six percent (56%) of our homeowners report spending between one and five hours researching their home improvement project, which is up from 53% of respondents in 2020.
  • "\nIn addition to the downloadable eBook, Modernize will offer a free webinar reviewing the most pertinent survey results and their implications for window replacement, roofing, HVAC, and solar industries as well as interior trades.
  • Prior to the pandemic, 30% of homeowners confessed to doing no research before lead submission.\nThis year, 31% of homeowners plan to finance about half of their project.