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AmEx Data: Mixed Messages In Home Improvement



 

AmEx Data: Mixed Messages In Home Improvement

AmEx Data: Mixed Messages In Home Improvement
News from Investor’s Business Daily:

Most homeowners plan to upgrade their homes this year, and more will be taking on projects themselves rather than hiring a contractor.

According to a recent online survey of adults conducted by American Express (AXP), 73% of homeowners said they planned to make some type of home improvement this year, spending $ 4,000 on average. That’s whether they plan to stay in their homes or move.

While the percentage who plan to upgrade is the same as last year, those planning to do the work themselves rather than hire a contractor has been climbing since 2011, when only 64% said they planned to work on projects themselves. This year, 73% plan to take on the work themselves.

… Read the full article
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Related News:

Porch strikes deal with Realtor.com to deliver home-improvement reports
News from GeekWire:

on 3/25/2014 at 6:02 am |

Porch CEO Matt Ehrlichman

Home-improvement data startup Porch is partnering with Realtor.com to launch a new product, the “Porch Home & Neighborhood Report,” that promises to give prospective homebuyers new insight into the history of specific homes and neighborhoods.

The partnership with Realtor.com, announced this morning, expands the Porch business into real estate while creating a new connection between the Seattle-based company and Move Inc., the Zillow competitor that operates Realtor.com, the official site of the National Association of Realtors.

Homebuyers using the Realtor.com site will be able to request the Porch Home & Neighborhood Report for specific properties for sale. The reports will give a rundown of the home’s project history, including cost, details of the projects and information about the professionals who have previously worked on the home and in the neighborhood. Also in the report is information about how long neighbors have lived in their ho…………… continues on GeekWire

… Read the full article


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