American homeowners realize that moving up does not mean moving out.
Driven by rising home prices and the need to rebuild equity lost in the housing crash, home improvement activity is booming.
(Read more: All-cash crushing first-time homebuyers)
According to the National Association of the Remodeling Industry (NARI), the remodeling market is continuing an upward trend.
As millions of homeowners upgrade what they own versus buying another house, the new era of home renovation will feature five main trends, according to NARI: