As Americans continue to feel more confident about their personal finances and the economy this year, the trend is up in the remodeling market segment.  The Harvard Universities Joint Center for Housing Studies reported the national spending on remodeling hit $112 nationally last year, and they expect a further growth of about 20% this year.  According to Mark Zandi, chief economist of Moody Analytics there is “a lot of pent-up demand” by homeowners to undertake major renovations.

 
Outdoor areas are a homeowners' personal vacation getaway where entertainment meets relaxation and this movement can be seen across all age groups. 


Many boomers are bucking the previous generation’s trend of moving to age-segregated communities by staying in their homes.  As a result, they are looking for ways to increase the comfort and pleasure of these spaces.


The movement to utilize a home’s outdoor spaces is being lead by this generation of individuals born in the 60’s, 70’s and 80’s.  According to the online publication, Realty Times, they are ‘maximizers’ who want to get the most out of their homes, including the backyard.  They want this space to be a place for family time, relaxation and entertainment.


For this age group, sociability and lifestyle are the most important factors when choosing elements to add on to their homes.  This makes the outdoor living space an essential feature in their home life.

As homeowners continue to spend more time in their outdoor spaces than ever before, it becomes more important to offer products that give them the flexibility, versatility, and modern aesthetic demanded from an outdoor room. 

Find out how you can Capitalize on the Outdoor Revolution with Weatherwell Aluminum Shutters.
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