Hardware Retailing The Industry's Source for Insights and Information
As the U.S. continues to tackle inflation, many homeowners are taking on DIY projects rather than hiring a professional. The Farnsworth Group recently released its Quarterly Homeowner Activity Tracker for Q3 2024, which shares homeowners’ attitudes toward DIY projects.
Challenges Encountered During Home Improvement Projects
In Q3, 3% more homeowners faced challenges tackling DIY projects, compared to the previous quarter. Cost remained the top issue, with knowledge and quality concerns increasing from Q2.
Challenges Hiring a Professional
- 17% of respondents claim timelines are too long
- 15% of respondents claim hiring is too expensive
- 15% of respondents have quality concerns when hiring a professional
- 15% of respondents find professionals are too busy or unavailable to hire
- 14% of respondents claim poor communication as a challenge
- 12% of respondents cite lack of a response as a hurdle
