Remove Home Improvement Remove Renovations Remove Retail
article thumbnail

The most effective aging-in-place renovations, according to experts and retirees

Housing Wire

If you’ve heard it once, you’ve heard it a thousand times: older Americans overwhelmingly support aging in place in their own homes, with some recent survey data indicating at or over 90% of seniors supporting retirement living in their own homes. More drastic renovations can double or even triple that figure.

article thumbnail

Regions Bank places $1B bet on home renovation market

Housing Wire

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. billion as of March 31, 2021 and is one of America’s largest specialized home improvement lenders. billion in home improvement projects.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Older Americans are ‘splurging’ on home modifications to support aging in place

Housing Wire

“The demand for inconspicuous safety bars, lower sinks, residential elevators and other amenities has given home improvement chains, contractors, designers and architects a noticeable lift.” The Home Depot is refreshing an in-house brand with accessibility in mind for things like grab bars and easier-to-use faucets.

article thumbnail

The housing boom juices Home Depot’s bottom line

Housing Wire

Millions of Americans transitioned to remote work in 2020, reconfiguring homes to be makeshift classrooms and offices. One of the big beneficiaries of the new live/work/play setup has been home goods retailer Home Depot. So what were all these homeowners working on? respectively.

article thumbnail

Gen X homebuyers should prioritize aging in place: Boston Globe

Housing Wire

If the home you’re hoping to buy doesn’t have the accessibility you’re looking for, you’ll want to check with a contractor to see what kind of renovations are possible,” the story said. In 2021, Lowe’s established a single stop for items including wheelchair ramps and shower benches, the AP reported.

Design 428
article thumbnail

Home Depot Foundation invests $10M to assist veterans with aging in place

Housing Wire

The Home Depot Foundation — the philanthropic arm of the home improvement retail conglomerate — announced that it is investing $10 million for the purpose of enabling older military veterans to age in place in their homes.

Investing 367
article thumbnail

Finance of America to acquire Parkside’s wholesale biz

Housing Wire

Parkside, founded in 2004 in San Francisco and led by CEO Matt Ostrander, also operates correspondent and retail channels. The acquisition of Parkside’s wholesale business comes roughly one month after Finance of America’s acquisition of Renovate America’s Benji business , an expansion into the home improvement lending space.

Finance 370