Remodeling Forecast Says Spending Will Decline This Year
The latest forecast from Harvard University’s Joint Center for Housing predicts that a slump in Americans’ remodeling spending may be in store this year.
Remodeling ROI Not Always Great
Hopefully, owners who chose to remodel their bathrooms are enjoying their new spa-like retreats. If they were hoping to sell their homes for more, they likely won’t come out ahead.
2023 Outlook for Remodeling Cools
Higher home prices, recession fears and the near-death of the refinance market are likely to spell a significant slowdown in homeowners’ remodeling spending this year, researchers say.
Stronger Growth Predicted in Remodeling Sector
Homebuilders and remodelers can expect their businesses to grow modestly this year, according to a new estimate by Harvard University housing researchers.
Coldwell Banker CT Claims Big Drop in Time-on-Market With Renovation Program
Coldwell Banker Realty in Connecticut and Westchester County, New York officials say a year-old home improvement program is helping its clients sell their homes much faster than other similar homes on the market, and with an increase in sales price, too.
Remodeling Predicted to Slow by Mid-Year 2021
Expenditures for improvements and repairs to owner-occupied homes are expected to slow by the middle of next year as the COVID-19 pandemic continues to unfold, according to the Joint Center for Housing Studies.
Remodeling Succumbs to the Virus
According to a survey by the National Association of Home Builders, the pandemic all but shut down remodeling. But with inventory low due to the pandemic, could stuck homeowners start eyeing projects?
Forecast Sees Year-Long Decline in Remodeling Activity
A new report by Harvard’s Joint Center for Housing Studies predicts homeowner spending on remodeling is expected to drop through at least the first quarter of 2020 due to the COVID-19 pandemic.
Contractor Sentenced for Improper Lead Paint Removal
A Massachusetts contractor convicted of improperly removing lead paint at 10 Connecticut job sites will serve five years of probation and pay a fine of $50,000.
Signs Point Up for Home Remodelers
Recent economic indicators point to an easier time ahead for small manufacturers and companies in the home remodeling industry.
Consumer Groups Turn Up Heat on Warranties, Angie’s List
Many homeowners believe they can’t do without these two perks: home warranties that promise to replace appliances that cannot be repaired and Angie’s List, the popular website that recommends contractors and repair specialists.
Hartford-Area Remodeling Spend Projected to Increase
Hartford-area residents are expected to increase their spending on home remodeling by 6 percent in the last two quarters of 2019, according to a new study from Harvard University.
Growth In Remodeling Spending Projected To Peak In 2017
Strong gains in nationwide home renovation and repair spending are expected to continue into next year before tapering, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
