Industry Data & Research

open concept kitchen jessica can 2018 houzz

Open-concept kitchens remain in demand at the moment, but their popularity is waning. (Photo credit: Jessica Cain © 2018 Houzz)

The latest kitchen trend data from Houzz shows bigger financial investments accompanied by smaller project scopes. But why?

Most remodelers who respond to storms find business booming despite associated risks.

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.

Professional Remodeler’s annual Market Leaders list, which identifies the top remodelers in the nation’s major markets. Many remodelers reported a better 2012 than 2011, as well as further positive sales trends for the first half of 2013.

Lending practices still affecting the size of projects, delaying others, but financing is better than it was two years ago.

The top reasons clients decide to remodel kitchen (left) and baths (right) as ranked by remodelers vary greatly.

Remodeling projects on the increase, profits also on the rise.

NARI’s first-quarter data of current and future remodeling business conditions is reaching new heights, as quarter-over-quarter increases are seen across all subcomponents measuring remodeling activity.

LIRA, remodeling activity, Harvard, first quarter, 2013, increase

Remodeling activity keeps up positive momentum

Spending by homeowners on improvement projects is expected to accelerate as the year progresses, according to the Leading Indicator of Remodeling Activity released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Construction spending rebounded in February with gains from depressed January levels in residential, private nonresidential, and public investment, according to an analysis of new U.S. Census Bureau data.

Jobs were added in 29 states and D.C. during the past year; however, federal cuts might reduce gains.

A bill to reform the EPA’s Lead Renovation, Repair, and Painting Rule was recently introduced in the U.S. Senate.

Remodelers say green features add cost.

Remodelers say green features add cost.

Cost and return on investment remain a challenge in selling green remodeling projects.

As of 2011, metro areas with the highest per owner improvement spending included the rapidly growing Sunbelt metros of Austin, Las Vegas, and Phoenix, as well as traditionally stronger markets such as Boston, New York, San Francisco, and Washington, D.C.

February existing-home sales and prices affirm a healthy recovery is underway in the housing sector, according to the National Association of Realtors.

Hurricane Standards from the Insurance Institute for Business and Home Safety can help make roofs resilient in storms.

Nearly 20 percent of contractors working in three New Jersey counties on repairs to damage caused by superstorm Sandy are not registered with the state, according to inspectors from the state’s Division of Consumer Affairs.

The National Association of the Remodeling Industry applauds the re-introduction of S.484, the Lead Exposure Reduction Amendments Act of 2013, to amend the EPA’s Lead Renovation, Repair & Painting Rule.

Increased curb appeal, energy efficiency, and low maintenance lead attributes of increasing number of exterior remodeling projects.

Vinyl siding ranks as one of the most environmentally friendly exterior claddings today, as confirmed by a life cycle assessment using Building for Environmental and Economic Sustainability software.

After languishing for several years, the U.S. remodeling industry appears to be pulling out of its downturn and a renewal of the nation’s housing stock is underway, according to a report from the Joint Center for Housing Studies.

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