Summary: National Association of Realtors and NARI reveal top remodeling projects for homeowner satisfaction.
From GlobeNewswire: 2025-04-09 09:00:00
The National Association of Realtors and National Association of the Remodeling Industry released their 2025 Remodeling Impact Report, which highlights the top remodeling projects for homeowner satisfaction and cost recovery. Key projects that saw increased demand include kitchen upgrades, new roofing, and bathroom renovations. Americans spent an estimated $603 billion on home remodeling projects in 2024, with the highest Joy Scores coming from primary bedroom suite additions, kitchen upgrades, and new roofing. Realtors recommend painting and new roofing as top remodeling projects for sellers, with financing primarily coming from home equity loans or lines of credit, savings, and credit cards. 1. The stock market reached record highs today, with the S&P 500 closing at 4,600 points and the Dow Jones Industrial Average hitting 35,000 points. Analysts attribute the surge to positive economic data and strong corporate earnings reports.
2. In international news, tensions are rising between Russia and Ukraine as Russian troops continue to mass along the border. The United States and European allies have expressed concern over the situation, with fears of a potential invasion looming.
3. The CDC has issued new guidelines recommending that Americans wear masks indoors in areas with high COVID-19 transmission rates, regardless of vaccination status. This comes as the Delta variant continues to spread rapidly across the country.
4. In sports news, Team USA secured their spot in the gold medal match for women’s beach volleyball at the Tokyo Olympics. The duo of April Ross and Alix Klineman defeated Switzerland in the semifinals to advance to the final round.
5. Tesla announced record-breaking profits for the second quarter of 2021, with a net income of $1.1 billion. The electric car company also reported a 98% increase in revenue compared to the same period last year, driven by strong demand for their vehicles.
Read more at GlobeNewswire: Top Remodeling Projects for Homeowner Satisfaction and Cost