Are you wondering what remodeling trends will rise to the top of the pack this year? So did the National Association of the Remodeling Industry (NARI) when it polled member builders and contractors that belong to its 58 chapters nationwide. Remember, as you look over the results, that they may be colored by the kinds of work in which the polled contractors specialize, rather than economic realities seen in the recent Cost vs. Value Report. Tallied by Remodeling Magazine, this report compiled actual figures on returns for your investment today for a range of home improvement projects.
According to CBS Moneywatch writer Ilyce Glink, NARI builders and contractors echo the advice you’ve read here for months: tackle small scale, easy-to-finance projects right now. N
The financial deadlock that characterizes the U.S housing market is of great concern to everyone, from homebuyers, to lenders, to governments. And rightly so. For, as it is becoming increasingly more apparent, the housing industry is a key economic fulcrum to the recovery of the economy in general. A strong housing market is vital to economic recovery. But, there are forces at work that affect how Real Estate is bought and sold, regardless of where we happen to be on the economic growth cycle.