At Concept 32 / Closet & Storage Concepts we’ve definitely noticed a change in the marketplace. Home remodeling and kitchen remodels, specifically, have always been a part of our business. However, a full quarter into 2025 the volume of remodel work we are doing with our customers has increased significantly. With mortgage rates much higher than they were just a few years ago, many homeowners are facing a dilemma: move and take on a much higher interest rate or stay put and make the most of their current home. This phenomenon, known as the rate lock-in effect, is keeping homeowners in place and driving this surge in remodeling projects.

For those who secured ultra-low mortgage rates in ...