Market Conditions
Market Conditions
Remodeling Spending To Tick Up Through Mid-2025
The Leading Indicator of Remodeling Activity report says things will trend up after a modest downturn
NAHB
NAHB: Remodelers Face Challenges and Opportunities
Remodelers face a uniquely strong market yet remain challenged by codes and costs
NAHB
NAHB Announces Action Plan for Housing Affordability
Six of the proposed 10 action items are important to residential remodelers
Market Conditions
Metros with the Highest and Lowest Remodel ROI
First-time homebuyers can find fixer-upper listings priced between 5 to 10% lower than move-in ready homes. The high return on investment of these projects shows that remodeling remains a strong option to navigate the current housing market
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Mark Richardson's Think Business: The 80/20 Rule
The 80/20 rule is a way to recognize that there are those out there today dealing with the same environment and making it happen, and those that are not.
Positive housing indicators point to strong summer
A slew of good news came across the wire for housing and remodeling as we rolled into summer.
Mark Richardson?s Think Business: Stars and planets
The remodeling industry numbers are very strong: remodeling in the U.S. generates about $300 billion annually, which is more than commercial construction, public works projects and retail clothing sales combined.
Trulia: Home asking prices up 0.3 percent, but still outpaced by rising rents
Following a flat report in May, the Trulia Price Monitor for June shows that the asking prices for homes listed for sale in the 100 largest metro areas were up 0.3 percent last month (both YoY and MoM). Rents increased 5.4 percent YoY, outpacing price increases in most markets.
Watchdog: Government's 'Hardest Hit' Housing Program Falling Short
Excuse me if you've heard this before ... In what we can't exactly call a surprise, another government program aimed at helping underwater homeowners…
Remodeling showing signs of recovery
While final numbers have not been released, IHS Global Insight predicts that home improvement spending rose 3.3 percent overall in 2011, according to a Wall Street Journal report.
Existing home sales up in November as Realtors revise sales numbers down for last 5 years
Sales in November showed month-over-month and year-over-year gains, but errors in measurement caused Realtors to adjust sales numbers since 2007
Plan to have housing industry pay for payroll tax cut passes Senate
Two-month extension would be funded by tacking extra fees onto Fannie and Freddie mortgages
BuildFax index shows record September for remodeling
BuildFax data also identifies top project types
Avoiding the hard housing questions
One of the most depressing/astounding/frustrating things about the current race for president has been the complete lack of attention to housing. The…