News

Millennial Home Ownerships is on the Rise in these Areas

Millennials are, in fact buying homes, and they need your help fixing them! Here’s the areas where millennials score the highest rates of home ownership. SmartAsset.com, a financial advice site, is out today with a report pinpointing where millennials score the highest rates of home ownership. The top spot? Souix Falls, S.D. Among the key […]

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Home Improvement Suggestions for the Cautious Client

Even if they know they want a change, homeowners can be nervous about taking the remodeling plunge. Here’s how to help guide them from hesitation to anticipation. By Kacey Bradley Helping a client to develop their dream space is more challenging than it may appear on the surface. Often, a homeowner knows they want a […]

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Homeowners Hired Pros to Remodel 66% of Kitchens, 58% of Baths, NKBA Survey Finds

K+B business for all renovations, new homes worth $134 billion in 2015 Roughly one out of every 10 households undertook a kitchen remodel or replacement project in 2015, and two-thirds of them hired a professional remodeler for the work, the National Kitchen & Bath Association said in a new study released today. That same research […]

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Big Remodelers’ Margins, Profits Are Up, NAHB Survey Finds

Poll finds rebound from 2011, 2003 studies By Craig Webb Big remodelers’ profit margins in 2015 had not only recovered from the Great Recession but even beat where they were in 2003, a new survey released today by NAHB Remodelers indicates. The gross profit margin of the 141 remodeling companies taking part in the poll […]

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Home Improvement, Repair Spending to Stay Robust This Year

Harvard Center’s LIRA points to 6.7% rise in spending in 2017 Spending nationwide for home improvements and repairs will rise 6.7% to reach $317 billion in 2017, according to the Leading Indicator of Remodeling Activity (LIRA) published by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. That increase nearly […]

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Where Is Remodeling Headed? These Niche Areas Point the Way

Aging in place leads the way, supplanting energy efficiency By Craig Webb Remodelers looking for the next niche sector for growth should check the results of this survey, conducted this month by The Farnsworth Group and reported Oct. 25 at the Fall Remodeling Futures Conference put on by the Joint Center for Housing Studies of […]

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Remodeling Market Might Ease Off the Gas

A recovering economy is great news for the majority of Americans, though for many remodelers, it’s a sign they might need to adjust they way they do business … again. The economic downturn forced remodelers to adopt new strategies to survive in a changing market — strategies that generally led to sustained profit growth: The newly-released 2017 Remodelers’ Cost of […]

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Handyman Connection Announces 2017 Franchise Award Winners

BLUE ASH, Ohio, Feb. 8, 2017 /PRNewswire/ — Handyman Connection, a home repair company with over 25 years experience, held its annual franchise conference last month in New Orleans, Louisiana. As part of the annual event, the brand announced the recipients of their 2017 awards, which acknowledged local franchise owners, craftsman and brand partners for significant achievements […]

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Housing Will Continue Gradual Climb to Higher Ground in 2017

Fueled by a growing economy, solid employment gains and rising household formations, single-family production will continue on a gradual, upward trajectory in 2017, according to economists speaking at the National Association of Home Builders (NAHB) International Builders’ Show in Orlando, Fla. “While positive developments on the demand side will support solid growth in the single-family […]

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Remodelers Find Operational Efficiencies as the Market Recovers

Remodelers’ average profit margins have increased since 2011, indicating they are running their businesses more efficiently as residential remodeling activity steadily improves, according to experts at a press conference hosted by the National Association of Home Builders (NAHB) Remodelers during the International Builders’ Show® in Orlando, Fla. The newly-released 2017 Remodelers’ Cost of Doing Business […]

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