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Stories Tagged as

Home renovation

Home Depot CEO cites "macroeconomic uncertainty" in earnings report

by Stephanie Hughes
Aug 13, 2024
The company says customers are deferring big renovation projects because of high interest rates and economic worries.
When consumers spend less because they’re concerned the economy might not do so well, that can cause the economy to not do so well.
Brandon Bell/Getty Images
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Lumber is cheap, but building or renovating a home isn’t

by Mitchell Hartman
Jul 1, 2024
The price of lumber has plummeted since early in the pandemic, but other building materials are up 30% from 2019.
Lumber prices have fallen, but other home construction materials have not followed suit.
Tim Boyle/Getty Images
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Home Depot bets on big construction projects with new acquisition

by Meghan McCarty Carino
Mar 28, 2024
The home improvement company is buying SRS Distribution, a roofing, landscaping and pool construction supplier, for $18 billion.
Spending on home renovations spiked in 2021 and 2022. "Now what we're going through is a correction and a stabilizing," says Carlos Martín at Harvard University.
Brandon Bell/Getty Images
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Adventures in Housing

Forever homes come in all shapes and sizes — and ages and states of (dis)repair

by Sarah Leeson
May 23, 2023
It will need “a lot of TLC," Candice Sides said about the 19th-century log cabin she bought to be her family's eventual home.
"People think of old houses as haunted and creepy, but when I walk in, I get this warm, comfort feeling," Candice Sides said of her newly purchased cabin, above.
Courtesy Lydia Spink
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Will that kitchen remodel pay for itself when you sell your house?

by Amy Scott
Feb 17, 2023
Most home improvement projects don't break even, a new study says. But the value of an upgrade may be more than financial.
A desire for dedicated office space "blossomed" into a major renovation at Matt Hampton's house in suburban Baltimore.
Amy Scott/Marketplace
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Adventures in Housing

“We have to do whatever it takes to get this house”

by Maria Hollenhorst
Apr 11, 2022
A story about falling in love with a fixer-upper log cabin in Ohio.
Matt Davison, Shay's husband, works on the wooden house they eventually purchased in 2019.
Courtesy Shay Davison
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What happens to the at-home economy when the pandemic ends?

by Marielle Segarra
Apr 21, 2021
For consumers who've been looking at the same walls since the pandemic started, a new coat of paint may be worth more than travel.
Looking for paint in a deep color? That could be a problem.
Georgijevic via Getty Images
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What part of a new house costs 4 times as much as a year ago? Lumber!

by Sabri Ben-Achour
Apr 19, 2021
Demand for new U.S. homes is at a record high, and existing homes are old and need repairs.
Lumber prices had risen for a while before the pandemic spurred a renovation trend and boosted prices further.
Scott Olson/Getty Images
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Tax Bill 2017

The home equity loan deduction gets a second life

by Jana Kasperkevic
Mar 19, 2018
But only for home improvements.
Kevork Djansezian/Getty Images
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Corner Office

The Home Depot may be an e-commerce model for the retail industry

by Kai Ryssdal and Daisy Palacios
Dec 20, 2017
CEO Craig Menear says shopping starts in the digital world and finishes in the physical world.
Product is the hero at The Home Depot, says CEO Craig Menear.
Brian Blanco/Getty Images
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