A large percentage of renovations begun in 2019 were paid for by Baby Boomers (55%) and Gen Xers (30%) using cash from their savings. Millennials only accounted for 12% of renovations.
Paying for renovations with cash from savings was far more common than using credit cards.
Learn more about remodeling and spending trends in 2019 at https://www.houzz.com/magazine/baby-boomers-and-gen-xers-drove-remodeling-and-spending-in-2019-stsetivw-vs~137253690?utm_source=Houzz&utm_campaign=u14069&utm_medium=email&utm_content=gallery0_0&newsletterId=14069
Learn about Dominion Custom Homes at https://charlottesvilleremodelingcompany.com/
Learn more about our Proffit Ridge community at https://proffitridge.com/