FOSTER CITY, Calif.,
March 9, 2021 /PRNewswire/ --
Modernize.com, a leader in the home improvement and home services
industry, recently surveyed more than 1,200 homeowners about their
plans for using their anticipated stimulus funds. More than half
expect to apply some or all of their stimulus checks to upcoming
home improvement projects:
- 37.7% say they will definitely use their check on a home
project
- 19.4% expect to put part of their check to use on home
improvement
- 42.9% do not anticipate using their stimulus check on home
renovations
Approximately 1,270 homeowners exploring HVAC, solar power,
windows, roofing, and exterior siding projects were asked whether
or not they expect to put stimulus funds to use on their upcoming
projects. The largest proportion of roofing and window researchers
indicate that stimulus funds will go toward the cost of that
work:
- 82.8% of those with roofing projects expect to use stimulus
funds to help cover the cost
- 69.9% of window replacement jobs are likely to tap into their
stimulus check
"Roof replacements are one of the most important projects
homeowners undertake. Depending on the materials needed, costs can
range between $3,200 and $12,500. Stimulus checks can help make the
difference in enabling homeowners to complete critical work,"
observes Gregg Hicks, vice president
for Modernize. "Given the strong interest in roofing repair or
replacement, Modernize's checklist for hiring a roofing contractor
may help consumers feel confident about getting started."
Since nearly 60% of respondents may use some or all of their
stimulus funds on home improvement, it's possible that information
on home renovation financing options may be needed.
Hicks is available to elaborate on stimulus check survey
findings and to discuss ways in which homeowners can save money on
critical home projects.
About Modernize.com
For more than 15 years, Modernize has been a leader in the home
improvement and services industry, connecting homeowners with
contractors and other home services professionals. Modernize
operates in more than 15 high-value, high-consideration home
segments, including new and replacement windows, solar
installation, roofing, heating and air conditioning, siding,
bathrooms and kitchens, new and replacement gutters, home security,
and others. The business brings a network of more than 1,000
contractors and professionals across all segments, offering broad
geographical coverage and choice for homeowners.
Modernize is owned and operated by QuinStreet, Inc. (Nasdaq:
QNST), a leader in providing performance marketplace technologies
and services to the financial services and home services
industries. QuinStreet is a pioneer in delivering online
marketplace solutions to match searchers with brands in digital
media. The company is committed to providing consumers with the
information and tools they need to research, find and select the
products and brands that meet their needs. Modernize is a member of
QuinStreet's expert research and publishing division.
Media Contact:
Jacqueline Leppla
Senior Director of Public Relations
QuinStreet, Inc.
Direct +1 775 321 3608
Email jleppla@quinstreet.com
LinkedIn
Twitter: https://twitter.com/Modernize
Facebook: https://www.facebook.com/modernizehome
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SOURCE Modernize.com