Homeowners invest in lasting renovations amid pandemic shifts
A new wave of homeowners is choosing comfort and accessibility over resale value and the numbers reveal a quiet transformation in how America thinks about home.
The numbers tell a quiet story. In the last year, 43% of Americans renovated their home. Another 33% plan to do so in the coming year. But the most striking figure isn't about the renovations themselves it's about what homeowners chose not to do. Roughly two-thirds of recent renovators decided to upgrade their current home instead of moving to a new one. For those planning to renovate in the next year, that number climbs to 71%. That data, from a Redfin-commissioned survey of 4,000 U.S. residents conducted by...
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