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 keeping remodeling market slow
The National Association of Home Builders (NAHB) Remodeling Market Index showed that the economy is still putting a damper on the remodeling industry.
House prices drop month-over-month and year-over-year
CoreLogic index shows distressed homes putting continued downward pressure on prices
Consumer bankruptcies down 10 percent from last year
Another positive sign for construction industry as homeowners clear their balance sheets
Selling remodeling value against a low-cost mentality
Remodeler Bill Shaw and sales consultant Rick Storlie share their advice on overcoming cost objections
More doubling up impacting housing trends
The latest numbers from the Census Bureau confirms what we've all been seeing: more people are doubling-up. Whether it's getting a roommate or recent…
Fewer delinquent mortgages than a year ago, bankers say
The delinquency rate on residential mortgages dropped from last year but is up from the first quarter, according to the Mortgage Bankers Association
June remodeling activity at record level
The remodeling market continues to grow despite the ongoing challenges of the economy, according to the latest BuildFax Remodeling Index. June's mark of 129.5 is the highest since BuildFax started tracking remodeling activity in 2004 and 23 percent higher than the June 2010 number.
Freddie Mac reports lower mortgage delinquency rate
Sales of foreclosed homes continue to make up a significant portion of sales of Freddie Mac-backed mortgages, but fewer homes are entering foreclosure
New Online Course Helps Construction Professionals Leverage Tax Incentives
Propane Education & Research Council offers tips for remodelers and builders to navigate tax incentives
Exclusive Research: Kitchens, bathrooms top projects as homeowners look for value
Annual Project Trends study shows smaller projects, but growth for some remodelers