News
News
Remodeling Spending To Tick Up Through Mid-2025
The Leading Indicator of Remodeling Activity report says things will trend up after a modest downturn
Business
Curbio Joins NAR As New Member Benefits Partner
National Association of Realtors members receive access to the Curbio home improvement platform
NAHB
NAHB Announces Action Plan for Housing Affordability
Six of the proposed 10 action items are important to residential remodelers
Home Improvement
Re-Bath Expands its Reach with New Franchise
The company signs a deal with brothers who are first-time franchisees
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Stress-free remodeling: Using trade walkthroughs
The more details that can be discussed, clarified and understood before signing a construction contract, the better it is for both the homeowner and the contractor.
Banks cautiously return to home equity lending
Home equity loans and lines of credit are on the rise as banks begin to cautiously re-enter the market. While not yet a nationwide trend, some regional banks are reporting significant increases in both home equity loans and line of credit originations. These banks are offering loans for significant amounts — Associated Bank in the Midwest said that its average home equity loan is $75,000, while the average credit line is $100,000.
Kitchen and bath dealers expect sales increase
An index measuring the confidence of 150 kitchen and bath dealers shows that they believe sales will increase in the next quarter. Seventy percent of the surveyed dealers said they expected showroom sales to increase due to kitchen and bath remodels. The prediction is line with recent home sale trends.
Freddie Mac: 46 Percent of Mortgage Refis 'Cash-in'
Cash-in rate for mortgages at record high, Freddie Mac says
Exclusive research: Uncertainty surrounds employee benefits
In exclusive Professional Remodeler research, remodelers talk about employee benefits
Census Bureau: Homeownership rate drops
Both the homeownership rate and homeowner property vacancy rate fell in the last quarter of 2010, the U.S. Census Bureau announced in its latest Housing Vacancies and Homeownership report. The homeownership rate for the last quarter was 66.5 percent, lower than both the previous quarter and the final quarter of 2009.
NAHB Index Shows Improvement in Remodeling Market
Remodelers are more optimistic about 2011 as remodeling market gets stronger
New single-family homes sales rise 17 percent
New single-family homes sales were at a seasonally adjusted rate of 329,000 in December, based on estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. The rate rose 17.5 percent between November and December, but was 7.6 percent below the December 2009 rate.
Craig Durosko: They said they hired someone cheaper ... Think again.
When someone makes a purchase, it has to have value to them and that value is based on what they are willing to pay for it.
S&P/Case-Shiller: Home prices continue to fall
Home prices continue to weaken, as eight cities hit their lowest levels since the peak in 2006 and 2007, according to the latest S&P/Case-Shiller Home Price Indices. The data showed that in November Atlanta; Charlotte, N.C.; Detroit; Las Vegas; Miami; Portland, Ore.; Seattle; and Tampa, Fla., all dropped to levels below spring 2009 lows.