While most home builders continue to see their markets brighten, IBS euphoria was tempered by the remaining headwinds preventing a full recovery.
According to HUD and the U.S. Census Bureau, home owner DIY projects accounted for 37 percent of all home remodeling projects performed nationwide from 2010-2011.
Concern about the rising costs of construction materials and labor contributed to the pause in the general upward trend of remodelers’ confidence.
One of Shaw’s main goals for the year is to strengthen the relationship between local remodelers and their councils, as well as NAHB Remodelers. Mentoring, whether it is members new to NAHB board meetings, local council leaders, or new local remodelers, will be this year’s main theme.
The National Association of Home Builders (NAHB) and the National Kitchen & Bath Association (NKBA) have announced an agreement to co-locate the International Builders’ Show (IBS) and the Kitchen & Bath Industry Show (KBIS) in Las Vegas beginning in February 2014.
The biggest news out of IBS was the announcement that the National Kitchen & Bath Association agreed to co-locate their Kitchen & Bath Industry Show (KBIS) with IBS beginning in 2014. The two events, IBS and KBIS, will remain separate shows held concurrently at the Las Vegas Convention Center though 2016. The combined shows are being billed as Design & Construction Week, and will include the SURFACES | StonExpo/Marmomacc Americas events starting in 2015.
Bill Shaw will serve as chairman of the National Association of Home Builders Remodelers in 2013, the trade group announced.
The Remodeling Market Index (RMI) climbed to 50 in the third quarter of 2012, up from 45 in the previous quarter, according to the National Association of Home Builders (NAHB). This is the highest point the RMI has reached since the third quarter of 2005, reflecting the positive trends recently seen in the rest of the housing sector.
This is the highest point the RMI has reached since the third quarter of 2005, reflecting the positive trends recently seen in the rest of the housing sector.
The National Association of Home Builders (NAHB) Remodelers named its Remodeler of the Year, announced two winners of its annual Homes for Life awards and inducted a couple of new faces into the Remodeling Hall of Fame.
Bill would amend Toxic Substance Control Act for renovations in pre-1978 homes
NAHB Remodelers honor top members at annual gala
The latest updates this summer to the Lead Paint Repair and Renovation Program rules that apply to pre-1978 homes were, all-in-all, a positive for remodelers
NAHB is pursuing litigation with the EPA over removal of opt-out provision in lead paint rules
In another sign of recovery for the remodeling market, the NAHB's Remodeling Market Index is at its highest level since before the recession. The index stands at 46.5, up from 41.5 in the fourth quarter of 2010 and the highest mark since the fourth quarter of 2006.
The counties around Los Angeles and Chicago top the nation in remodeling spending, according to NAHB
NAHB Research Center is helping remodelers and builders find ways to incorporate smart practices