Market Conditions
Market Conditions
Harvard Says Remodeling Spending Downturn to Slow
Could the drop in remodeling spending from post-COVID levels regulate soon?
Thought Leadership
How to Increase Your Odds of Closing Remodeling Sales
Use these tips to hone your sales process and grow close ratio
News
The Remodeling Market Could Turn in Q4, Says Harvard
Repair and remodeling spending could see an uptick at the end of the year
Business
Preparing for an Uncertain 2024
Here's how remodelers can prepare for unpredictable market
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August Home Repossessions Highest Since Start Of Mortgage Crisis
Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis. In all, banks repossessed 95,364 properties last month, up 3 percent from July.
Fannie, Freddie Projected To Cost Govt $53 billion Through 2020
Mortgage finance giants Fannie Mae and Freddie Mac could cost the government $53 billion through 2020 or save the government as much as $44 billion, depending on the accounting principles used.
Alure keeps growth strategy intact
Five years later, Professional Remodeler's 2005 Remodeler of the Year's diversified approach is paying dividends
Green Grows in Popularity, but Challenges Persist, Research Shows
More remodelers and consumers are buying into the sustainability trend than in past years, but there’s also still a healthy amount of skepticism about “green” remodeling. That’s according to our third Professional Remodeler survey on green remodeling challenges and opportunities.
Remodeling Forecast: Modest Recovery for 2010
Economists predict we've hit the bottom for remodeling and should see a market recovery in 2010
Materials Costs Skyrocket
There's no relief in sight for remodeling firms that have been hit hard by the increased cost of building materials, says economist Ken Simonson. Simonson, chief economist for the Associated General Contractors of America, said that some of the increases may level off as the housing market cools due to the highest mortgage interest rates in more than four years.
The Road to Referrals
Superior customer service is the number one way remodelers can (and should) differentiate themselves from inferior competition. In the ongoing battle for customers' trust and — ultimately — referrals, remodelers must distinguish themselves in everything from quality of materials and workmanship to the professionalism of sales personnel and work crews.
Built to Last
Brick: It exudes warmth, character, staying power. Brick often commands a higher resale value and naturally provides thermal mass, which offers some insulation. Under normal weather conditions, it could see a century or more of use, according to Brick Industry Association estimates. But for all its durability, brick is vulnerable to external factors that can decrease the lifespan of a brick hom...