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Report: $603 Billion Spent on Home Remodeling Projects in 2024

Report: $603 Billion Spent on Home Remodeling Projects in 2024

by Phil Hall | Apr 9, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Americans spent an estimated $603 billion on home remodeling projects in 2024, according to new data from the National Association of Realtors (NAR). The top remodeling projects that realtors recommended to sellers before listing their homes included painting the...
Buyers Willing to Pay Nearly 4% More for a Remodeled Home Rather Than a Fixer-Upper

Buyers Willing to Pay Nearly 4% More for a Remodeled Home Rather Than a Fixer-Upper

by Phil Hall | Feb 19, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Listing a home as a fixer-upper may not be a profitable idea anymore, as a new analysis by Zillow (NASDAQ: Z, ZG) found buyers were willing to pay 3.7% more than expected for a home that is already remodeled – which is an additional $13,194 on a typical home and is...
New E-Book Offers Advice on Green Building and Remodeling Projects

New E-Book Offers Advice on Green Building and Remodeling Projects

by Phil Hall | Aug 8, 2023 | Current News & Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Green Builder Media has released a free e-book on green building and remodeling designed for both construction professionals and homeowners. “The 2023 Handbook of Green Building & Remodeling” covers subjects including which renovations to an older home offer the...
Global Home Decor Market Forecasted to Reach $949 Billion by 2032

Global Home Decor Market Forecasted to Reach $949 Billion by 2032

by Phil Hall | May 12, 2023 | Current News & Events, Industry Updates, International Real Estate News, WRE News Exclusive

The global home decor market is expected to expand from $672.2 billion as of 2022 to $949 billion by 2032, a 3.6% CAGR, according to data from Market.us. North America held a market revenue share of approximately 39.7% in 2022, but the Asia Pacific market is...
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