This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

70% Of Americans Prefer Do-It-Yourself Home Improvements

Stocks in this article: TST

NEW YORK, May 28, 2013 /PRNewswire/ -- In a new nationwide survey conducted by TheStreet 's (NASDAQ: TST) MainStreet.com and GfK 1,  70% of Americans prefer the do-it-yourself route when embarking on home improvements with three out of four Americans paying for these home improvements in cash.

(Photo:  http://photos.prnewswire.com/prnh/20130528/NY21401-INFO)(Logo:  http://photos.prnewswire.com/prnh/20130401/NY86530LOGO-b)

According to MainStreet.com's personal finance editor, Ross Kenneth Urken, homeowners are finding social media and online resources, such as Houzz, helpful in planning allowing them to forego the interior design route which tends to be more expensive and use businesses in their area to source materials for their work.

Survey findings:

  • For homeowners planning their next improvement project the top five areas they plan to focus on  are: garden or landscaping (22%); bathroom (14%); kitchen (12%); family/living room (12%); and deck or patio (11%).
  • 35% of Americans spend between $1,000-$4,999 on projects; 23% spend less than $500; 22% spend between $500-$999; and 12% spend more than $5,000 annually

Read Urken's commentary on the results here.

1 GfK Custom Research North America, May 2013

About the SurveyResults contained in this report are based on a survey conducted by TheStreet and GfK Roper Public Affairs & Corporate Communications. Telephone interviews were conducted from May 17-19, 2013 among a total of 1,000 adult Americans. The margin of error for this study is +/- 3 percentage points for the sample.

About TheStreet

TheStreet, Inc. ( www.t.st) is the leading independent digital financial media company providing business and financial news, investing ideas and analysis to personal and institutional investors worldwide.  The Company's portfolio of business and personal finance brands includes: TheStreet, RealMoney, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, MainStreet and Rate-Watch. To learn more, visit www.thestreet.com.  The Deal, the Company's institutional business, provides intraday coverage of mergers and acquisitions and all other changes in corporate control.  To learn more, visit www.thedeal.com.

Contact:

Erin CorcoranTheStreet, Inc.212-321-5566 erin.corcoran@thestreet.com

SOURCE TheStreet, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,196.22 +4.85 0.03%
S&P 500 2,000.12 -2.04 -0.10%
NASDAQ 4,622.1170 -15.8770 -0.34%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs