According to a new study from Clever Real Estate, an estimated 85% of homeowners spent money on an unplanned home repair in 2025, a trend expected to continue in 2026. The aging stock of existing homes is a positive for remodelers across the U.S. However, the cost burden of remodels and renovations is straining many homeowners. The interest rates of HELOCS is currently at  7.31%, a growing decline from the 10% in September 2024. This line of credit is one of the least expensive ways to borrow money in the current market, an advantage for the remodeling industry.
According to Clever Real Estate, “Nearly half of Americans (46%) plan to spend more on renovations in 2026 than in 2025, including 46% who expect to spend $5,000 or more and 28% who plan to spend at least $10,000.”
