Homeowners are also moving away from large projects such as room additions in favor of smaller projects such as door and window replacement. (Room addition was a 'common activity' for only 29% of remodelers in 2010, compared to 70% in 2004.)
And, while a few years ago homeowners often had trouble just getting a contractor to come to their home to provide a bid, 33% of remodelers have now added handyman work to their list of services in an effort to remain employed.
Trends in Bathroom Style

The flooring of choice for bathrooms these days is tile, while granite and engineered stone, such as quartz, are popular for countertops. Undermount sinks, simple cabinet designs (Shaker style is a term you'll hear frequently when it comes to both bathroom and kitchen cabinets), and toned-down colors that range into the beige and off-white categories are also on the rise.
When it comes to fixtures, brushed and satin nickel finishes are still reasonably safe choices, although the warm metallic colors and rougher finishes that gained ground over the past few years can still be a good way to go if they tie well into a non-extreme bathroom décor. Double vanities are being asked for more and more frequently by home buyers, even in the first-time buyer price range.
In upscale bathrooms the 'spa concept' still applies, with high end showerheads, steam showers, and media centers creating a luxurious environment.
Kitchen Trends

According to Fixr, reclaimed hardwood is the most trendy choice for kitchen flooring, followed by bamboo, hardwood, and natural stone. The top trend for countertops is engineered stone (quartz), followed by concrete and granite. Stainless steel is the trendiest refrigerator material, while a 'table as island' concept is the most trendy kitchen island style.
(Tip: It's a good idea to include plenty of electrical outlets when you install a kitchen island.)
Take-Away Thoughts
In times of uncertainty people tend to turn back to the tried and true. This includes staying conservative in the types of materials and colors they use in a remodel, as well as in the total amount they are willing to spend. Expect to see more clean-looking, traditional styles and a focus on smaller projects.
Another important thing to remember is this:
If keeping your upgrades safe for future resale is a big consideration, choose functionality whenever it's possible to do so without sacrificing much (or, ideally, anything) in the way of aesthetics.
For example, hardwood is an enormously popular flooring choice overall, but some people worry about its susceptibility to water damage in a kitchen setting. Tile and natural stone are more resilient, and both come in many beautiful flooring styles. Likewise, engineered stone and granite countertops are available in a wide range of colors and patterns, and are somewhat easier to maintain than concrete countertops.
The bottom line: When in doubt, choose a style that you like, but that will also appeal to a large number of people when it's time to sell.
Interest Rate Update
In case summer activities have distracted you lately, here's a quick reminder that interest rates are historically low these days. As of mid-August they have been hovering in the mid-four percent range, making this a great time to get a low fixed rate on a home purchase or refinance.
Shopping for a New Refrigerator?
New appliance models hit stores in September and October, which means that many Americans shop now in preparation for older models going on sale. Here are some tips on how to pick the right refrigerator:
Check the Energy Star Website
Go Topless
In refrigerator terms, of course. :) The most popular style of refrigerator these days has the freezer in a slide-out bottom compartment, rather than at the top or as part of a side-by-side style.
Check the Warranty
Don Vandervort of the HomeTips website advises that a good warranty will cover your appliance's parts for one year, and the sealed refrigeration system for five years. (There are more good tips on his
Refrigerator Buying Guide page.)