Home renovation activity may have slowed down from its pandemic-era peak, but homeowners continue to invest in their spaces, especially as the spring housing market heats up. According to CNBC, and when it comes to the return on investment, some projects now offer the highest return values in history — with a few home upgrades averaging returns of nearly 200% for the first time ever — according to the 2024 Cost vs. Value report from Zonda Media, a housing market research and analytics firm. Garage door replacements offered the highest…
Read MoreAuthor: angelica@builder.media
Home Renovations Continue at a Steady Pace, Reflecting High-Quality Investments in Homes
In recent years, homeowners have been investing more in renovations, as high interest rates and persistent inflation have driven up the costs of everything from flooring to refrigerators. The home improvement surge intensified early in the pandemic, with Americans enhancing their homes to better accommodate remote work and learning. However, this renovation frenzy now seems to be cooling down. According to the Associated Press, Harvard University’s Joint Center for Housing Studies’ latest leading indicator of remodeling activity, or LIRA, suggests homeowner spending on renovations and repairs will fall to $449…
Read MoreMidtown Home Remodel Honors the Past While Embracing the Present
Entering this remodeled home on Rockford Road feels like embarking on a journey through time, where the past’s memories blend seamlessly with the modern tastes and needs of its current owners. The Rockford house was once the childhood home of one of its present owners. Even after he grew up and moved out, his parents continued to live there for a total of 50 years. According to Tulsa People, for the homeowners, Barnes was the obvious choice for an interior designer. She previously worked with the family on their old…
Read MoreNLBMDA ELDT Training Certification
What the LBM Industry Needs to Know About Entry-Level Driver Training Thursday, February 8 at 1:00 PM Eastern The National Lumber and Building Material Dealers Association (NLBMDA) has partnered with J. J. Keller & Associates, Inc. to offer members of the association an exclusive discount on certifying trainers in entry-level driver training. During this webinar, you will learn how to get your drivers on the road to success—and keep them at your company longer. Participants will learn everything you need to know about Entry Level Driver Training and have the…
Read MoreBest Builders Explain Their Custom Home Tips
Building someone’s dream home can be a little nerve-wracking at times and cause a variety of emotions. Although there may be some unexpected surprises or unwanted ones, there are some ways you can be prepared. Here is advise from some of the top homebuilders on what to expect and handle building a home. According to D Magazine, “Patiently letting the preconstruction process play out. All parties, including your builder, are excited to get shovels in the ground. With that said, ensuring you take adequate time to get plans correct in…
Read MoreSingle-Family Construction Slowdown Less Pronounced in Lower Density Markets
Although the pandemic fueled a slowdown in single-family housing the slowdown is not lower-density markets as single-family housing is less pronounced. In more affordable and lower-density areas single-family housing is blooming. According to LMB Journal, the HBGI is a quarterly measurement of building conditions across the country and uses county-level information about single- and multifamily permits to gauge housing construction growth in various urban and rural geographies. The lowest single-family year-over-year growth rates in the first quarter of 2023 occurred in large metro core counties, which posted a 25.6% decline.…
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