Years

5 smart New Year’s resolutions for homeowners

Last year, 28 percent of Americans made New Year’s resolutions. No doubt millions more will set goals for 2021. And while losing weight, exercising more and getting finances in control are some of the most common New Year’s resolutions, you might consider making a home improvement resolution. Your home, after all, is one of your biggest assets and the place where so many treasured memories are made.

Here are 5 easy home improvement resolutions to consider. To make them stick, try breaking them down into smaller, more manageable steps before plugging them into a calendar to keep yourself accountable. Here’s to 2021!

Check your furnace filter every month

Depending on the size of your house and whether you have a pet, you may need to swap out your furnace filter as often as once a month.

Depending on the size of your house and whether you have a pet, you may need to swap out your furnace filter as often as once a month.
(iStock)

Your furnace filter keeps dust, allergens and other icky stuff from entering (and

Read More

Home Depot and Lowe’s are Having Huge Years: Can the Growth Continue?

2020 has been a hugely successful year for home improvement retail giants Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW). Both have seen revenue and net income grow by double digits as millions of homeowners have found themselves spending substantially more time in their homes during the coronavirus pandemic. But will the strong results continue? It’s less clear in the near term, especially with coronavirus vaccines now starting to be distributed. The same people who spent big on home improvement in 2020 might be more likely to spend their disposable income on travel and leisure in the future. 

On the Nov. 6 edition of “The Wrap” on Motley Fool Live, host Jason Hall makes the case that strong home sales often indicate good business prospects for home improvement. See his discussion with Motley Fool and Millionacres contributor Tyler Crowe editor Millionacres editor Deidre Woollard below. 

Transcript: 

Jason

Read More