Despite rising costs and economic challenges, younger homeowners are actively investing in home renovations, particularly kitchens, which they view as essential for modern living. A report from Angi indicates that this demographic is more willing to spend on improvements compared to older homeowners. As inflation declines, younger homeowners, many of whom purchased their homes during the pandemic housing bubble, are eager to update their spaces, which are often outdated. The kitchen, now a multifunctional space, sits at the top of renovation priorities for this group.
"From my experience, young homebuyers-namely, millennials and now-aging members of Gen Z-view the kitchen as more than just a cooking area."
"Most of these younger homebuyers purchased during the housing bubble between 2020 and 2022, when inventory was low and demand was high."
Collection
[
|
...
]