Great news for the remodeling industry – the second quarter portion of the Home Improvement Research Institute study shows that 73% of homeowners are planning on one or more home improvement projects in the next 3 months.
What you need to know:
- Exterior projects like landscaping, building a deck, painting, roof repair, etc. are the most popular types of project for this time of year. These projects also have some of the highest return in value to the homeowner.
- Top motivators for home improvement projects this summer: routine maintenance, repairing/replacing and modernizing/upgrading.
- The largest demographic completing these projects are adults in their 30s with children.
What this means for you?
More leads and customers = more money in your pocket!
For those larger projects, close the sale with a low monthly payment or lower APR promotion. Partner with Foundation Finance to offer your customers financing for their home improvement projects. We can approve deals that many other credit score driven lenders would turn down. Call us at 855.241.0024 ext. 5012 or email [email protected] for more information.
Read the full article here.