BuildersOutlook2023Issue11 | Page 8

What Design Trends Will Have Staying Power in 2024 ?
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8 BuildersOutlook 2023Issue11

TRENDS

What Design Trends Will Have Staying Power in 2024 ?

For remodelers looking to elevate their businesses in the new year , staying on top of the latest housing trends is a must . In this installment of NAHB ’ s Remodeling Forecasts , Myths & Trends video series , sponsored by Lowe ’ s Pro , Pro Remodeler ’ s managing editor Caroline Broderick digs into which home design trends will have staying power in 2024 . Having a better understanding of home design and consumer demand , and how they might impact a remodeler ’ s bottom line is crucial to the long-term success of their business in the current market . For example , Broderick discusses a key factor impacting today ’ s home design trends : the economic environment . More home owners are opting not to sell their properties because of increasing mortgage rates . As a result , they ’ re looking to customize their living spaces to better suit their needs . Here are highlights of the several design trends gaining popularity , including :
• Bold personalization With resale value no longer a major concern , many home owners want to make their homes uniquely personal . Long gone are the days of the stark white and gray color palette throughout the home . Colors are now shifting to warmer tones and textures , such as shades of blue and green and wood grain .
• Nostalgic notes Mixing and matching design styles to better integrate home owners ’ treasured keepsakes into a redesign is becoming more popular . There ’ s also a shift away from modern design elements ( think : clean lines ) to incorporating more traditional features such as curved archways .
• Organic design Bringing the outdoors inside is another way home owners are using remodeling to personalize their living spaces . This can be done by using woven materials such as cane and rattan throughout the home or by installing skylights allowing for more natural sunlight to flow through common areas .
EQUAL HOUSING
LENDER
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