From Name:
From Email:
To Name:
To Email:

Optional Message:


Survey: Millennials and first-time homebuyers are spending a lot more on renovations

from Houzz

First-time homebuyers and millennials are spending more than ever on home renovation projects, according to the sixth annual Houzz & Home survey of more than 100,000 respondents in the U.S. In one of the largest increases seen this year, renovators who bought their first home in 2016 spent $33,800 on average, 22 percent more than in 2015. Baby Boomers and older generations (55+) continue to spend roughly three times more than Millennial homeowners (25-34), however Millennials invested an average of $26,200 in 2016, seven percent more than they spent in 2015. Investment in home renovation overall remains strong as homeowners spent $60,400 on average on 2016 renovations, in line with 2015 ($59,800 on average). more


Powered by MultiBriefs
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063