Reported 12 months ago
Angi co-founder Angie Hicks discusses the trend of homeowners choosing to renovate instead of moving due to rising home prices and high mortgage rates in the US. Bathrooms and kitchens are popular renovation projects, with outdoor remodeling also remaining popular post-pandemic. Hicks emphasizes the importance of considering the return on investment and prioritizing renovations based on personal usage and comfort. The trend of increased spending on renovations instead of moving is expected to continue in the coming years.
Source: YAHOO