Home Improvement Projects Increasing Amid Market Slowdown, Reports Angie Hicks '95
January 17, 2008
January 17, 2008, Greencastle, Ind. - "Consumers may be spending less on new homes but a survey suggests they plan to spend more fixing up the ones they have," begins a story in the Kansas City Star which offers analysis from Angie Hicks, founder of Angie's List. "Building experts tells us they're getting calls for work from homeowners who would otherwise move and put their current home on the market," Hicks, a 1995 graduate of DePauw University, tells the newspaper.
The article by Paul Wenske cites a survey by Angie's List, which finds that "homeowners will spend an average of about $11,250 on home improvement and maintenance projects this year -- up 13 percent over last year ... More than 60 percent of the 1,309 members polled said they plan to update their homes. They said they will spend on average about 2.9 percent of their home's value on repairs and renovations."
Read the complete text at the Star's Web site.
Angie's List has more than 600,000 members in 124 cities across the United States. "We're a glorified word-of-mouth network for consumers," Hicks has said. "Our service allows you to tap into the experience of thousands of people in your community who are looking for information that helps them make quick decisions and gets their problem handled well. They are all looking for advice from consumers like themselves."
Angie Hicks Bowman is among the finalists for the Indiana Commission for Women's "Torchbearer Award," which will be presented January 22. Learn more in this recent story.Back