Shoppers Buying Hardwood Floors and Appliances Online

Homeowners have moved online when it comes to major home improvement purchases. Retailers throughout the US have noticed a definitive jump in sales for online sales of appliances, flooring, and other home improvement items. The Home Depot saw a 40% jump in the 3rd quarter online sales, with a high amount of those sales including major purchases. The Home Depot had already seen its online sales grow 50% in the year before. Customers have ordered everthing from washer/dryers to complete flooring jobs for their homes.

Appliance and home improvement products have outpaced the industry average in all four quarters. In quarter 3, the growth rate of home improvement products was 17%, compared to the 11% seen in the overall retail industry. Online furniture sales have also increased and they are expected to rise 15.2% over the next year.

Why consumers have made the switch to online home product shopping may lie in its ease of use. Many major stores like Home Depot offer free delivery and take away services for their appliances. Yet, for flooring work, apparently customers do not feel obligated to touch, feel and see the wood before its installed. A lot of homeowners may be avoiding the sales atmosphere of a normal store by educating themselves on the products in a safer, obligation free environment. Either way, stores have needed to adapt quickly to the changing environment. Home Depot has added increased storage in over 550 stores, to deal with their increased online orders.

Source: http://www.realtor.com/news/shoppers-increasingly-buying-hardwood-floors-appliances-online/

 

Hart Real Estate Solutions

www.hart.realtor

406.585.0000

Hart Real Estate Solutions Bozeman Montana


  

 

Comment balloon 2 commentsHart Real Estate Solutions • November 21 2014 03:47PM
Shoppers Buying Hardwood Floors and Appliances Online
share
Homeowners have moved online when it comes to major home improvement purchases. Retailers throughout the US have noticed a definitive jump in sales for online sales of appliances, flooring, and other home improvement items. The Home Depot saw… more
Bozeman Takes Part in Study Helping Student Performance in Mathematics
share
Bozeman public schools will once again be on the forefronts of national studies, as they have once again been selected to take part national research. Bozeman has already been selected for a highly competitive mental health program… more
HOA’s in Big Sky Upgrading to Bear-Resistant Trash Cans
share
Three homeowner associations in Big Sky, the Big Sky Owner’s Association, Spanish Peaks Homeowners’ Association and Town Center Homeowners’ Association, will be making the switch to bear resistant trash cans to help improve the number of… more
Belgrade Raising Standards for City Streets
share
The Belgrade City Council voted on and approved a resolution to raise the benchmark for city streets, improving the function of future roads in a growing town. From now on, any newly constructed or reconstructed roads will need more… more
Million Dollar Home Sales Increasing
share
Over the 2014 year in the United States, the number of 1 million dollar plus home sales rose by 8 percent. Million dollar and up homes have seen a much faster recovery than any other price point. In fact, sales for million dollar and up homes… more
New York, Major Cities Racing to Build Higher, Skinnier Condos
share
Builders in major cities have shifted their focus to taller, skinnier buildings, particularly when real estate is involved. In Manhattan, 4 sky scrapers are being built within blocks of eachother, all to add even more real estate potential to… more
College Towns See Highest Growth in Housing Market
share
College and University towns have outpaced non-university towns in their housing market growth. Cities and towns with a heavy student influx have, in general, outperformed the national averages for housing price trends, according to Clear… more