Posted in home improvement cast

Consumers Feathering Their Connected Home Nests

Among the more unexpected effects of the COVID-19 pandemic over the last half-year or so is the sudden home improvement boom it set off among consumers.  Unexpected, but not entirely surprising, as consumers suddenly spending nearly all of their time in their homes these days have realized that home ought to be as nice and as comfortable as humanly imaginable. And since they’re not eating out, travelling far from home or going to events very much these days, many even have the budget to make some upgrades.

New furniture, new appliances, new floors, swimming pools, gardening supplies, tools boxes, paint and patio furniture are just a short list of things that have seen their sales surge as the homebound have begun feathering their nests and making their homes more comfortable, useful and aesthetically pleasing.

And, as new data released by Security research company

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Posted in home improvement loans

Red-hot home prices have more consumers saying now is a bad time to buy

People wait to visit a house for sale in Floral Park, Nassau County, New York.

Wang Ying | Xinhua News Agency | Getty Images

Anyone out hunting for a house knows that bidding wars are no longer the exception, but the rule.

Demand for housing has been unusually strong, due to the coronavirus pandemic, and supply is historically lean. That is a recipe for high prices, which are now beginning to take their toll on potential homebuyers’ confidence.

The share of buyers who say they think it’s a good time to buy fell in September, from 59% to 54%, according to a new survey from Fannie Mae.

Home values were up nearly 6% annually, according to CoreLogic, a data analytics firm. More consumers now expect those price gains to grow.

The percentage of respondents to the Fannie Mae survey who says prices will go up in the next year increased

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Posted in home repair

Red hot home prices have more consumers saying now is a bad time to buy

  • The share of buyers who say they think it’s a good time to buy fell in September, from 59% to 54%, according to a new survey from Fannie Mae.
  • More people do think now is a good time to sell a home, which is an improvement from the first months of the coronavirus pandemic, when potential sellers didn’t want shoppers in their homes and worried about the state of the overall economy.



a group of people standing in front of a building: People wait to visit a house for sale in Floral Park, Nassau County, New York.


© Provided by CNBC
People wait to visit a house for sale in Floral Park, Nassau County, New York.

Anyone out hunting for a house knows that bidding wars are no longer the exception, but the rule.

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Demand for housing has been unusually strong, due to the coronavirus pandemic, and supply is historically lean. That is a recipe for high prices, which are now beginning to take their toll on potential homebuyers’ confidence.

The share of

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Continue Reading Red hot home prices have more consumers saying now is a bad time to buy
Posted in home repair

Southern Connecticut Gas to resume repair, maintenance work for consumers without service contracts


Officials with Orange-based Southern Connecticut Gas appear to have had a change of heart about the utility’s decision to suspend service on natural gas-fueled furnaces and other appliances for consumers who don’t have repair contracts with the company.

Vic Fryxell, senior director of gas operations for SCG, said the repair and maintenance work, which the company calls discretionary work or charged service, will resume sometime in mid-October. The company suspended most non-emergency work requiring entry into a customer’s home in March in an effort to

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Posted in home improvement

The Growing Importance Of The Home For Young Consumers

A new report by youth marketing experts YPulse titled “No Place Like Home” provides significant new insights on how the Covid pandemic has changed how Gen Z and Millennials view the homes. The following statement summarizes key findings: “As young people look to their spaces as mental health retreats, at-home items and services that comfort, declutter, or foster a feeling of escape that from the outside world will resonate.”  The opportunities for marketers are clear and will be elaborated on below.

YPulse previously observed that millennials have homebody tendencies, with a majority preferring to go to a  café or watch Netfix at home as opposed to going to a party on a Saturday night. A recent survey confirms that this sentiment was present even prior to the pandemic, with, “…67% of 19-37 year olds telling YPulse in January this year

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Posted in home

Devastating Wildfires Send Consumers Flocking to Home Depot, Says Jim Cramer

Jim Cramer is asked about the economic impact of the wildfires that are burning the West coast and how this could hurt a U.S. economy that’s already hurting because of the coronavirus pandemic.

Currently, there are fires burning in California, Oregon, and Washington. Over 500,000 people have been told to evacuate in Oregon. 

Cramer noted that Home Depot has been “a rocket” lately. Here’s what he had to say about Home Depot a couple of days ago in his Real Money column.

“The rails were insane Wednesday. Could it be the note we got from a research firm that Federal Express (FDX) could beat the estimates? Is it that China’s very strong and there’s a lot of intermodal traffic? Again, no particular reason,” Cramer wrote in his Real Money column on Wednesday night. “Or how about Home Depot (HD) , Lowe’s (LOW) , Walmart (WMT) , Costco (COST) , Target

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