As we plow full steam ahead in 2022, our team has noticed one common theme that has continued to reign over the last two years: home renovation. Due to the pandemic and minimal new-home inventory, remodeling projects are showing no signs of slowing down. Houzz, the home remodeling and design platform, recently disclosed that the home improvement industry is at an ultimate high after releasing its annual U.S. State of the Industry report, which revealed a four-year high in revenue growth.
From exterior overhauls to interior restorations, homeowners are honing in on parts of their abode that may be faded or outdated and modernizing them to be contemporary and comfortable. One of the biggest trends we are seeing is homeowners revamping their outdoor spaces to be more livable, with high-end kitchens, rooftop decks, pergolas and spacious patios outfitted with newly installed large-format tile.