Millennials are taking the home improvement industry by storm, as they’re buying older homes that require more repairs and improvements. According to research from HomeAdvisor, Millennials plan to spend $180 billion on home improvements in the next five years. As their income increases and their home equity increases, more millennials will be purchasing and renovating […]
Tim Allen starred in the ABC sitcom Home Improvement. His character, Bob Vila, was a bumbling do-it-yourself type. His able assistant, Richard Karn, was a thinly veiled Norm Abram. The show was so popular that Allen was offered a double-digit million dollar salary for the ninth season. However, he refused, and the series ended after […]
According to a recent survey, home improvement spending has increased nearly 50 percent in the U.S. since 2010, and has also reached a record high during the last recession. Many of these improvements have been made by homeowners 55 and over, who are driving the trend. Harvard Joint Center for Housing Studies attributed part of […]
