According to recently released data from HUD and the U.S. Census Bureau, sales of newly built, single-family homes rose 2.2 percent to a seasonally adjusted annual rate of 546,000 units in May. This is the highest new-home sales rate since February 2008. The National Association of Realtors reported that the…
Houzz Survey: See the Latest Benchmarks on Remodeling Costs and More
According to remodelers polled in National Association of Home Builder’s Remodeling Market Index (RMI), the number one reason customers remodeled their homes in 2014 was a “desire for better/newer amenities.” On a scale of 1 to 5 (where 1 indicates never or almost never, and 5 is very often), the…
According to ServiceMagic’s recently released Home Remodeling & Repair Index containing information compiled from 3.1 million service requests received through online marketplace from January to June of this year, as well as results from a survey of homeowners and service professionals conducted in July, homeowners are still looking to invest…
Did you know that May is National Remodeling Month? Since the downturn in new residential construction that began in 2007, the media has been focusing on the number of new starts as the key indicator of the health of the residential construction industry. But focusing on the number of starts…
