Homeowners younger than 40 are the most likely to have completed projects this year, though more than half of baby boomers have done home improvement work too. Anderson measures demand based on searches for home improvement service projects on Porch.com. In the last three months, the company has tracked 330 million U.S. Google searches for home improvement work — that’s up almost 50% from the same period last year. Gardening is the type of home improvement up the most, but the projects range all over the home, inside and out. Alternatively, you may want to consider a home improvement loan.
For many homeowners with low incomes, however, keeping up with mortgage payments—let alone home maintenance—was especially challenging last year. Lower-income owners were more likely to have lost employment income due to the pandemic. The unexpected strength of the home remodeling market made 2020 the tenth consecutive year of expansion for the industry, but the pandemic disrupted several long-term trends. From 2010 to 2019, homeowners largely relied on professional contractors, and remodeling activity was heavily concentrated in coastal metros. On-call handyman services to take care of all your small projects and home repairs – fast. Drywall, doors, ceiling fans, light fixtures, …
