Pandemic claims big real estate event for 2nd time; home sales set record in 11 months | Real Estate

You’re seeing The Post and Courier’s weekly real estate newsletter. Receive all the latest transactions and top development, building, and home and commercial sales news to your inbox each Saturday here.

Pandemic claims big real estate event for 2nd time; new date set

The Charleston Home + Design Show won’t be taking place in January after already having been postponed from last August to a larger venue due to the pandemic.

Because of surging coronavirus cases, organizers decided “This is the wrong time for a home show.”

“Earlier in 2020 when we made the decision to move the Charleston Home + Design Show from the Gaillard Center to the North Charleston Convention Center, we assumed a larger venue would be a good precaution against any lingering effects of COVID-19,” said Tim Barkley, publisher of Charleston Home+Design Magazine. “The decision was made in the heat of the Lowcountry summer when

Read More

Americans shifting travel and commuting budgets to home repairs during pandemic

There’s no place like home in 2020 – and Americans who are spending more time in the house continue to invest in their living spaces during the pandemic.

The average household spending on home services such as maintenance, landscaping and cleaning projects jumped to $13,138, up from $9,081 on average in 2020, according to a new State of Home Spending: 2020 report by HomeAdvisor, a marketplace that lets people find and vet home service professionals.

Home improvement spending amounted to an average of $8,305, while home maintenance spending totaled $3,192 and spending on at-home emergency projects like leaking pipes or flooding came to $1,640, the survey suggests. The average homeowner also upped their home projects to 11 this year, up from 8.1 in 2019 — a 23% increase.

The average household spending on home services such as maintenance, landscaping and cleaning projects jumped to $13,138, up from $9,081 on average in 2020. (iStock).

The average household spending on home services such as maintenance, landscaping and cleaning projects jumped to $13,138, up from $9,081 on average

Read More

Latest Survey Shows Covid-19 Pandemic Driving Residential Design Trends

The American Institute of Architect’s third quarter 2020 Home Design Trends Survey shows a strong jump in the number of home offices, exercise and yoga spaces, flex rooms and indoor quality products being requested by homeowners. Interior designers across the country are seeing the same trends, all of which can be attributed to the pandemic.

Topline Survey Results

The biggest jump on the AIA summary was among home office requests, which more than doubled. Compared to 29% for 2019, 68% of architects shared that clients are asking for these dedicated rooms. That correlates to millions of professional employees

Read More