Americans splurged on home improvement during the pandemic because they “finally have the time” and are “adapting to a new lifestyle under COVID,” according to a survey of over 1,000 U.S. homeowners from July 7-9 by Porch, a Seattle-based home improvement website.
“Who amongst us hasn’t sat around their home during this period and thought about how they could make it better? This is almost a universal experience at the moment,” HomeAdvisor and Angie’s List (ANGI) CEO Brandon Ridenour told Yahoo Finance last week.
One California-based service that matches contractors with consumers, Houzz, saw a 58% increase in requests for home professionals in June 2020, compared to June 2019. And private companies have echoed reports of a growing market.