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Thinking About Refurnishing Your Home? Prices for These Items Are on the Rise

Friday, February 25, 2022   /   by Joe Johnson

Thinking About Refurnishing Your Home? Prices for These Items Are on the Rise

Over the past two years, people have spent more time at home than ever before. And for many, all that time at home has translated into a desire to change and upgrade their living spaces—including refurnishing their home.

But unfortunately, inflation is on the rise—and the prices for home furnishings are rising right along with it.

So, which home products are seeing those dramatic price increases? According to a recent article from CNBC, prices for a number of home furnishings are skyrocketing, including:

·         Furniture for the living room, kitchen, and/or dining room, up 19.9 percent year-over-year

·         Window coverings, up 16.2 percent year-over-year

·         Bedroom furniture, up 13.7 percent year-over-year

·         Appliances, up 8.5 percent year-over-year

·         Clocks, lamps, and home decor items, up 6.3 percent year-over-year

The Takeaway:

If you’re planning on refurnishing your home, it’s important to know how inflation is impacting prices; that way, you can set a realistic budget—and not find yourself facing a higher-than-expected bill at the end of your home upgrade project.

Whether you’re buying or selling the Reiner Realty Team can help! Give us a call today at 540-494-9284 or chick HERE.

Reiner Realty
Rene Reiner
2923 Brambleton Ave. SW
Roanoke, VA 24015
Joel Balsley
Licensed in VA
Office #: 540-278-1430
Mobile #: 540-597-8877
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Featured real estate company is not a mortgage lender and so you should contact Atlantic Bay Mortgage Group, L.L.C. directly to learn about its products and your eligibility for such products. The featured lender has an affiliated business relationship with the featured real estate agent. You are under no obligation to use the featured lender for financing. All loans subject to income verification, credit approval and property appraisal. Not a commitment to lend. Atlantic Bay Mortgage Group, L.L.C. NMLS #72043 (nmlsconsumeraccess.org) is an Equal Opportunity Lender. Located at 600 Lynnhaven Parkway Suite 203 Virginia Beach, VA 23452.
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