PALO ALTO, Calif. - 2018 is on track to be another solid year for home renovations, with half of homeowners on Houzz planning to begin or continue renovations (51 percent), according to the seventh annual Houzz & Home survey of nearly 150,000 respondents in the U.S. Continuing the boom of the past three years, renovation activity and spend was strong in 2017, with 58 percent of homeowners renovating their homes, at a median spend of $15,000. While long-term owners drive the majority of home renovations, recent homebuyer share is slowly ticking up.
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