Dossier
kitchens
Coverage of kitchens in the Nexus archive.
- Homeowners are fixing up instead of moving out, report finds
Over a quarter of homeowners are using funds intended for new homes to renovate their current properties due to affordability challenges and high interest rates. Bank of America's Matt Vernon notes that homeowners prioritize functional upgrades like kitchens and bathrooms to enhance resale value, while avoiding non-essential features that may not appeal to future buyers.