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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Easier financing helping recovery
Lending practices still affecting the size of projects, delaying others, but financing is better than it was two years ago.
Mobile payments on the rise: What you need to know
Industry research and advisory firm Forrester Research predicted the U.S. mobile payment market will grow to $90 billion in 2017—a 48 percent compound annual growth rate from the $12.8 billion spent in 2012. Now is the time to research the best mobile-payments options for your business.
Remodeler confidence hiccups in 1Q 2013
Concern about the rising costs of construction materials and labor contributed to the pause in the general upward trend of remodelers’ confidence.
Echoes fuel remodeling resurgence
The Echo Boomers are predicted to outnumber Baby Boomers by more than 12 million as they enter their peak remodeling years over the next decade.
Research: Kitchens & baths retain their shine
Remodeling projects on the increase, profits also on the rise.
Construction spending rebounds in February
Construction spending rebounded in February with gains from depressed January levels in residential, private nonresidential, and public investment, according to an analysis of new U.S. Census Bureau data.
Construction employment climbs in 35 states in early 2013
Jobs were added in 29 states and D.C. during the past year; however, federal cuts might reduce gains.
Jersey Shore contractor says legal challenges to FEMA flood map classifications likely
New FEMA maps that designate existing homes in flood zones are likely to spark legal action by property owners, says a New Jersey contractor.
U.S. housing stock ready for improvement
As of 2011, metro areas with the highest per owner improvement spending included the rapidly growing Sunbelt metros of Austin, Las Vegas, and Phoenix, as well as traditionally stronger markets such as Boston, New York, San Francisco, and Washington, D.C.
Existing-home sales, prices continue to rise in February
February existing-home sales and prices affirm a healthy recovery is underway in the housing sector, according to the National Association of Realtors.