“Home renovation continues at historic levels even as homeowners take a more cautious approach to future projects,” says Marine Sargsyan, head of economic research at Houzz. “What’s driving this resilience is pent-up demand from homeowners who are finally able to act on long-planned renovations. At the same time, we’re seeing a clear shift toward investing in forever homes rather than moving, with many adapting their spaces to meet changing needs.”
Beyond those broad trends, the study highlights a growing share of Gen Z renovators, evolving financing habits — including increased reliance on credit cards alongside savings — and frequent budget overruns tied to upgraded choices or expanded scope. Demand for professionals also remains strong, with the vast majority of homeowners hiring help for their projects.
Here’s more from the new study.
This article was originally published by a www.houzz.com . Read the Original article here. .
When retired lawyers Jim and Sheila Vidmar’s dream condo came on the market in Baltimore, the empty-nest couple knew they had to jump on it. The two-bedroom, two-bathroom corner unit on the 11th floor of a 24-floor former grain elevator built in 1923 offers sweeping views of the Patapsco River and Chesapeake Bay.
To help maximize the views and cozy up the industrial concrete-and-corrugated steel interiors, the Vidmars hired B. Chic Interiors designer Brigid Wethington, who had worked with them on their previous home. Wethington, who used Houzz Pro software to manage the project, took inspiration from sunsets to bring in a palette of blues, whites and oranges. Durable fabric furnishings and multiple area rugs also soften the rooms, while walnut flooring in a herringbone pattern and other wood details add warmth. A layered lighting scheme enhances design elements without taking away from the stunning views.
Watch and read now: Step inside this modern industrial condo on Houzz TV
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