Rising home prices and high mortgage rates are shutting out would-be US homebuyers. Angi co-founder Angie Hicks joins Asking for a Trend to discuss the trend of homeowners renovating rather than moving.
You're definitely gonna see people that are had been, would have normally thought about moving consider renovation. When you're ready to move, you wanna make sure you're gonna live in your house for a while to make sure you get that return on investment.What about remo, you know, outdoor uh remodeling Angie, you know, remodeling the deck still popular.And we're seeing that continue to hang over.
So we saw a big pop during the pandemic and I think a lot of people thought that spend on your home would start to decrease as we got back out and traveling and doing a lot more things. And you're gonna save a lot of money down the road if you can refurbish the cabinets you have versus putting in new ones, another big expense saver.You a last question for you though.
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