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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Economy: Positive Projections for U.S. Economy in the Next Two Years
Forecasters say that more hiring and a lower inflation rate will boost the U.S. economy in the next two years, Inc. reports. The National Association…
Economics: More U.S. Homeowners Pay for Remodeling Jobs With Credit Cards
Homeowners are eager to remodel their homes, and many are borrowing money to do it
Sales Surge for Home Improvement Contractors
Company owners cite pent-up demand, and with it a growing need for skilled installers, as the reason
Housing: Existing Home Sales Decline in January
The National association of Realtors reports that existing-home sales declined in January to their lowest rate in nine months. The Northeast…
Housing: Highlights from the NAR 2014 Profile of Home Buyers and Sellers
More home buyers chose existing homes over new homes, the National Association of Realtor’s 2014 Profile of Home Buyers and Sellers reports. The NAR…
Climate: Flooding Is Getting Worse, and Many Homeowners Aren’t Prepared
There has been an estimated $260 billion in flood-related damages between 1980 and 2013 in the U.S., CityLab reports. Moreover, new research released…
Housing: A Good Start for the Housing Market with Low Interest Rates and More Inventory
Data on home tours and offers for more affordable homes from online listing agency Redfin showed a huge jump in the first few weeks of the year.…
Housing: Housing Market Recovers by 75 Percent, Trulia Finds
But making it the rest of the way back will depend on millenial employment, loosening credit rules, and increased saving
Economy: Slow, Steady Growth for Remodeling Industry in 2015
A NARI report reveals long-term improvement in the remodeling industry, with slow but steady growth for the first three months of 2015.
