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Market Conditions



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Harvard Says Remodeling Spending Downturn to Slow

Could the drop in remodeling spending from post-COVID levels regulate soon?




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Research: Fickle Financing

In 2014, remodelers and their clients expect to face inconsistent lending practices.

Double Digit Growth in Remodeling Spending Expected Through Mid-Year

Double-digit gains in annual home improvement spending projected for the first half of the year should moderate some to just under 10 percent by the third quarter.

Rental Market Poised for Continued Success in 2014

Property management firm anticipates market fluctuations but ultimately sees upward movement in coming year.

Remodeler's Exchange: Under 40 remodelers' critical advice to young owners

This month, the Remodeler’s Exchange hosts two remodelers that are part of our 40 Under 40 Class of 2013. Professional Remodeler’s Tom Swartz talked with Benton Rooks and Scott Brown who offer tips to running a successful business, how and why they chose to enter the remodeling business, challenges of starting a remodeling business, and much more, all while under the age of 40.

Easier financing helping recovery

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

Mobile payments on the rise: What you need to know

Industry research and advisory firm Forrester Research predicted the U.S. mobile payment market will grow to $90 billion in 2017—a 48 percent compound annual growth rate from the $12.8 billion spent in 2012. Now is the time to research the best mobile-payments options for your business.

Remodeler confidence hiccups in 1Q 2013

Concern about the rising costs of construction materials and labor contributed to the pause in the general upward trend of remodelers’ confidence.

Echoes fuel remodeling resurgence

The Echo Boomers are predicted to outnumber Baby Boomers by more than 12 million as they enter their peak remodeling years over the next decade.

Research: Kitchens & baths retain their shine

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

Construction spending rebounds in February

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.

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