Hutch Interior recently received a $10 million investment from Zillow Group. The investment will be used to accelerate product development and growth of the company’s home design app and functionality.

Tuxedo cabinets with black bottoms and white tops is trending, according to Zillow's Digs Home Trends Forecast, which has designers analyze trends by looking at pictures of existing homes for sale on the real estate website. Hidden appliances, flush-to-ceiling top cabinets, and shiplap wood paneling are also on the rise. Cherry wood cabinets are on the decline.

The national homeownership rate fell in the second quarter, and a majority of experts said they expect it to fall further in coming years as the Millennial generation delays home purchases and the age of typical first-time homebuyers rises.