Millennial homeowners turning from DIY to pros for bigger projects

As many Millennials are wont to do when embarking on a project for the first time, Alex Strunce and Hayley Swanson turn to YouTube.

"Our first gamble was with the kitchen cabinets," Swanson said."Even just taking off the doors takes an hour, and then you get to sanding and you're like, 'Oh my God, this is actually physical work!'" He continued: "Millennials are engaged in housing. They're engaging in home improvement. They've done that first project, which is painting and some gardening work generally. We're just thrilled that they're engaged in the category and moving on to bigger projects."

Such a robust housing market will continue to benefit Home Depot and Lowe's, Barclays analyst Karen Short told Insider. "Owners lack the opportunity to move to a different house. There's also been a strong appreciation of the value of existing homes," Paul Emrath, vice president for survey and housing policy research at the National Association of Home Builders, told Insider."So that provides a motivation for homeowners to remodel as an investment. And it also provides a source of equity that they can tap into.

Source: News Formal (newsformal.com)

DIY or no way to find good workers unless your willing to overpay out the ass which isn’t an option for most

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