Posts Tagged ‘ remodeling ’

Residential Remodeling Market Continues Gradual Climb, Bath and Kitchen Most Popular Upgrades

Feb 12th, 2014

Residential remodeling will continue a gradual climb back up in 2014 from a dramatic fall during the economic downturn, according to experts at a press conference hosted by the National Association of Home Builders (NAHB) Remodelers at the International Builders’ Show (IBS) in Las Vegas. Remodelers from around the country agreed with the forecast, citing […]

Remodeling Market Index Steady at Historical High

Jan 27th, 2014

According to the National Association of Home Builders (NAHB), the Remodeling Market Index (RMI) held steady at 57 in the fourth quarter of 2013. This is the same level as the third quarter of 2013 and the highest reading since the first quarter of 2004. An RMI above 50 indicates that more remodelers report market […]

NARI Reports Remodeling Market Continues to Show Growth

Jan 21st, 2014

The National Association of the Remodeling Industry’s (NARI) fourth-quarter Remodeling Business Pulse (RBP) data of current and future remodeling business conditions continues to show growth. Although remodelers report the highest overall rating on business conditions, at 6.51 (from 6.41 last quarter), numbers in most other categories experienced a slight drop. “Many remodelers entered 2014 with […]

Remodeling Gains to Continue into 2014

Aug 5th, 2013

General strengthening in the housing market over the past 18 months is translating into increased spending on home improvements, according to the Leading Indicator of Remodeling Activity (LIRA) released yesterday by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. Remodeling contractors have been reporting improving market conditions for the […]

Remodeler Confidence Rebounds in Second Quarter

Jul 30th, 2013

Confidence in the remodeling market rebounded in the second quarter of 2013 with the Remodeling Market Index (RMI) rising six points to 55, according to the National Association of Home Builders (NAHB). The rise in existing home sales and increased demand for remodeling projects contributed to the positive report. An RMI above 50 indicates that […]

Remodeler Optimism Stronger Than Ever During First Quarter

Apr 24th, 2013

The National Association of the Remodeling Industry’s (NARI) first-quarter Remodeling Business Pulse (RBP) data of current and future remodeling business conditions is reaching new heights, as quarter-over-quarter increases are seen across all sub-components many have a backlog of projects well into the fall. As remodelers approach the busy season, overall current business conditions have seen […]

Homeowners Say Now is a Good Time to Renovate

Apr 17th, 2013

Significantly more U.S. homeowners are moving forward with renovation projects compared to this time last year, according to the second annual Houzz & Home survey that garnered more than 100,000 responses from the Houzz community of 14 million monthly unique users. A majority of the homeowners surveyed also believe now is a good time to […]

Remodeling Market Remains Strong in the Fourth Quarter

Jan 23rd, 2013

The Remodeling Market Index (RMI) reached 55 in the fourth quarter of 2012, increasing five points from the previous quarter, according to the National Association of Home Builders (NAHB). This is the highest reading since the first quarter of 2004. An RMI above 50 indicates that more remodelers report market activity is higher (compared to […]

Remodeling Numbers are on the Rise

Jan 23rd, 2013

A new study release by the Joint Center for Housing Studies of Harvard University shows an overall revitalization of the nation’s housing stock is underway. According to The U.S. Housing Stock: Ready for Renewal, foreclosed properties are being transformed, sustainable home improvements are increasing in popularity, older homeowners are retrofitting their homes to accommodate their […]