Category: Home Improvement

Home Depot Expects Sales Growth to Return When Market Stabilizes

Posted on By Kartika
Home Improvement

By DeanSeal

Home Depot said Tuesday that it expects sales growth to return at a rate of about 3% to 4% per year once the home improvement market stabilizes.

The home improvement retailer provided a market stability base case outlook ahead of its 2023 Investor and Analyst Conference, saying it expects the overall home improvement market to swing back up to low-single digit growth.

“Once the home improvement market returns to stability, we expect to see sales growth consistent with how our business has performed in the past,” said Chief Financial Officer Richard McPhail.

Under this base case, the company expects its gross margin rate to remain flat and for earnings per share to grow in the mid-to high-single digit percentage range.

McPhail said the outlook assumes share capture, though Home Depot isn’t ruling out a case for even higher growth.

Home Depot also backed its guidance for sales to

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Middletown man faces 2 home improvement fraud charges

Posted on By Kartika
Home Improvement

Joseph Jenkins, 56, of Middletown was arrested last week following an investigation into home improvement fraud.

On October 17, 2022, an officer from the New Castle County Police Division was dispatched to a residence in the Village of Bayberry North community in the Middletown borough. A 41-year-old man reported that he paid Jenkins to complete renovations to his residence. He reported that Jenkins made an offer of $18,625.00 with an initial deposit of $8,000. The victim paid $8,000. However, no work was carried out, despite multiple investigations, police said.

After further investigation, Jenkins was arrested and charged. with one count of home improvement fraud crimes. Jenkins was also charged on a separate felony home improvement fraud warrant stemming from a 2019 investigation. Jenkins was charged, with bail set at $12,000. Jenkins was then taken to the Howard R Young Penitentiary, Wilmington.

Police are not ruling out additional victims. Any individual

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3 Home Improvement Stocks to Keep Watching

Posted on By Kartika
Home Improvement

The surge in interest rates and heightened inflationary pressures dampened consumer spending in the home improvement sector. However, with the easing of inflation and indications of a potential pause in rate hikes, there is optimism for a resurgence in home improvement demand.

Given this backdrop, it might be wise to add fundamentally sound stocks Frontdoor, Inc. (FTDR), Steelcase Inc. (SCS), and Haverty Furniture Companies, Inc. (HVT) to your watchlist.

Although inflation remains at stubbornly high levels despite easing, consumer spending surged 0.8% in April, as reported by the Commerce Department. While stronger than expected economic data reinforces the need for further rate hikes, the uncertainty in the regional banking sector kept investors hopeful of a pause instead.

Ben Johnston, chief operating officer at Kapitus, expects continued demand for home renovations as housing purchases decline. He foresees the overall cost of home renovations to

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getting grand with flowers – MY FRENCH COUNTRY HOME

Posted on By Kartika
Home Improvement

I was recently lucky enough to spend 24 hours in the Loire Valley. We have a tour there at the end of August, and I need to check some addresses – never a hardship!

I had heard about the amazing flowers at the Chateau de Chenonceaux, and was determined to see what all the fuss was about.

I was not disappointed. They know a lot about getting grand with flowers!

Chenonceaux itself is a truly stunning chateaux that spans the Cher river from bank to bank. The history of the place dates back to the 16th century, and each age brings its own highlights. From hunting lodges for Kings, to a hospital during the war; to safe passage out of occupied France during the second world war, it has seen some true adventures.

Today Chenonceaux welcomes visitors from around the world, and to make their visit even more enjoyable, the

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Nelson Cabinetry Launches Cryptocurrency Payment Option for Home Improvement Purchases

Posted on By Kartika
Home Improvement

The company has just announced its acceptance of 10 cryptocurrencies to help

Houston, Texas–(Newsfile Corp. – June 2, 2023) – Nelson Cabinetry, a leading national online retailer of high-quality ready-to-assemble cabinetry, now allows customers to make seamless payments with cryptocurrencies, including Bitcoin, Ether, USD Coin, Tether USD, ApeCoin, Bitcoin Cash, DAI, Dodgecoin, Litecoin, and Shiba Inu. This pioneering decision places Nelson Cabinetry among the first in the home improvement sector to embrace blockchain technology, offering an array of benefits, including fast, secure transactions and enhanced privacy.

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Nelson Cabinetry Revolutionizes Home Improvement

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The new cryptocurrency payment option is available starting today on the Nelson Cabinetry website: www.nelsonkb.com. This new service enables customers to purchase cabinets and other products using their cryptocurrency holdings without having to convert to fiat currency first via the Coinbase Commerce platform. This seamless and secure payment

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How to accomplish home improvement projects in a shaky economy

Posted on By Kartika
Home Improvement

Spring is kickoff season for many kitchen remodels, bathroom updates and deck repairs, but recent economic turmoil may have homeowners questioning their home improvement plans.

Spending on home renovations is expected to slow this year because of factors such as declining home sales and values, rising interest rates, continuing inflation and rumblings of a coming recession, says Abbe Will, senior research associate with Harvard University’s Joint Center for Housing Studies.

As economic growth slows down, planning and prioritizing will be key to remodeling confidently. Here are five tips to help you remodel in an uncertain economy.

Start with an emergency fund

Even when the economy is doing well, it’s ideal to have an emergency fund before starting a remodel, says Eric Maldonado, a certified financial planner based in San Luis Obispo, California.

“What you’re trying to avoid is starting with nothing saved, taking out debt to afford these things and

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The most popular home projects are not the ones with the best returns

Posted on By Kartika
Home Improvement
Millennial homeowners shift toward renovating instead of selling, says BofA's Liz Suzuki

Most homeowners are planning to remodel at some point down the road, but not everyone will get their money’s worth in improving home value.

Of all home improvement projects, the most popular are sparkling bathroom overhauls, according to newly released data from the Contractor Growth Network, followed by big-ticket kitchen and basement renovations.

In some cases, homeowners may get that money back when it’s time to sell, but more often, these home renovations rarely bring a great return.

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Overall, homeowners are getting just a 60% return on their renovation investments, according to a separate Cost vs. Value report from Zonda Media, a housing market research and analytics firm.

The projects offering the greatest returns in resale value are not new kitchens and baths, but rather projects

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BBB: Home sweet home improvement tips for National Homeownership Month | business

Posted on By Kartika
Home Improvement

June is National Home Ownership Month. If you’re a home owner, at some point you’re probably going to have some kind of home improvement project that you’re not going to be able to do by yourself.

“Choosing the wrong contractor can make the difference between a successful home renovation and a disaster,” said Mechele Agbayani Mills, President and CEO of BBB Central East Texas. “So do your research, get several bids, and pay in installments to make sure you choose the right one.”

BBB provides the following guidelines on selecting a trusted home improvement service.

Solicit at least three bids from prospective contractors based on the same specifications, materials, labor and time needed to complete the project. Discuss bids in detail with each contractor, making sure you understand the reasons for any variations in the prices. Remember not to make a decision based solely on the lowest bid. Cost differences

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Bob Vila and Tim Taylor: Together Again When “Home Improvement” Airs on Disney+

Posted on By Kartika
Home Improvement
Headshots of Bob Vila and Tim Allen (Tim Taylor)

Photo: Bob Vila, amazon.com

If you’re a fan of “Tool Time” and are ready for more power, you are in luck. Disney+ will soon begin streaming seasons 1 through 8 of “Home Improvement.” Whether you tuned in to watch the series every week in the 90s, enjoyed catching reruns on TV several years later, or have never even heard of the series, get ready to binge-watch it on Disney+ starting on June 28th, 2023.

Our very own Bob Vila made three guest appearances, plus a few cameos throughout the run of the show. Bob and Tim Taylor are ready to welcome a whole new generation of viewers into the comedy that centers around renovation and remodeling projects. All of us here at BobVila.com are certainly ready to marathon-watch our favorite episodes.

About “Home Improvements”

“Home Improvement” was a television sitcom that ran from 1991 through 1999. It starred Tim Allen,

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10 Home Improvements That Cost Less Than $100

Posted on By Kartika
Home Improvement

If you’re a home improvement show geek, you may dream of remodeling your kitchen or bathroom, or installing a luxury landscaping, complete with a water feature. But those types of repairs can cost thousands.

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The truth is you don’t have to invest in expensive large-scale repairs to make a big difference to the appearance of your home. Many useful and effective home improvements can be made for under $100 each.

And if you do one or two of these home renovations per month — whatever your budget allows — in less than a year, you can have a home that is more updated, brighter, and less cluttered. See what these real estate industry experts suggest when making home improvements on a budget.

kitchen cabinets

Outdated Closet Paint

“Painting worn-out cabinets white or light

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