Remodelers know that working with designers is beneficial and attractive to clients. Still, for many remodeling businesses, it makes more sense to contract with outside designers rather than hire an in-house design team. According to the National Association of the Remodeling Industry (NARI), the first tip is to decide what type of designer you’ll be needing to work with: Generally, there are two types of designers with whom remodelers work. First, is an architectural designer, who considers the structure and framework of the remodel. They might draft and create blueprints.…
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Prices and Trends in the U.S. Framing Lumber Market Released
With updated trends recently released, the week-to-week framing lumber composite price increased 1.2% on Feb. 7, 2025. Lumber prices are now 13.2% higher compared to one year ago. The National Association of Home Builders (NAHB) continually tracks the latest lumber prices and futures prices, and provides an overview of the behaviors within the United States framing lumber market. The information is sourced each week using the Random Lengths framing lumber composite price which is comprised using prices from the highest volume-producing regions of the U.S. and Canada. According to NAHB’s…
Read MoreThe Spare Room Remodel Trends as Remodeling Clients Look to Raise Home Value
Homeowners looking to sell their home are turning to a certain remodel investment first in order to attract buyers while also making day-to-day living more comfortable in the meantime. Specific home amenities hold more weight and value than others, which can allow for an edge in the housing market as potential buyers hold out for such. And while the number of bedrooms in a home used to be a huge draw, more recent research has shown that most Americans have a large share of extra rooms going unused. Studies have…
Read MoreHome Remodeling Firms Express Optimism for 2025
Remodeling firms and residential contractors have entered 2025 with renewed confidence, among other building industry professionals, after experiencing revenue and profitability declines in 2024. This is according to Houzz Inc.’s annual U.S. Houzz State of the Industry report which was recently released. Houzz’s survey found that more than three in five firms are anticipating a positive outlook for their business for the year ahead. Specialty contractors in particular are leading in confidence. According to Furniture Today, While 2024 proved challenging — marked by declining revenues and tighter project budgets —…
Read MorePrivate Residential Construction Spending Rises 1.5% in December
According to the latest U.S. Census Construction Spending data, private residential construction spending increased by 1.5% in December 2024. This was the third consecutive monthly increase since September 2024. On a year-over-year basis, the December report showed a 6% increase. According to Eye On Housing, The monthly increase in total private construction spending was primarily driven by higher spending on single-family construction and residential improvements. Single-family construction spending was up 1% for the month. This marks a continuation of growth after a five-month decline from April to August, aligning with steady…
Read MorePresident Trump Delays Implementation of Tariffs on Goods From Canada and Mexico
Following President Trump’s announcement delaying the proposed tariffs on products from Canada and Mexico, National Association of Home Builders (NAHB) 2024 Chairman of the Board and a custom homebuilder from Wichita, Kansas Carl Harris, issued a statement as follows: “We commend President Trump for reaching an agreement with Canada and Mexico to delay the proposed tariffs, avoiding additional strain on a housing market already facing affordability challenges. Stability and certainty are essential for American businesses, consumers, and the strength of our economy. We urge all parties to remain committed to…
Read MoreThe Top Home Remodeling Projects of 2024, According to a New Survey
2024 was the year of routine maintenance, not major undertakings, according to Angi’s 2024 State of Home Spending Report. The report found that 47% of the nearly 7,000 responding homeowners spent their home budget on around-the-house maintenance, with millennial homeowners committing the most funds to upkeep than other generations. “This reflects a practical approach to ensuring the longevity of their homes amid rising costs,” the Angi report reads. According to Apartment Therapy, Outside of routine maintenance, last year’s most popular home projects were interior painting, installing new appliances, and bathroom…
Read MoreAmericans Spend More on Home Improvement as Housing Market Rebounds
Americans are beginning to spend more on backyard decks, spa-like bathrooms and other vanity improvements. Home remodeling and repair spending is anticipated to reach $325 billion this year, according to the Harvard Joint Center for Housing Studies. This level of spending hasn’t been seen since 2007. Marketing services company Hanley Wood offered a similar remodeling market outlook, projecting that the industry is to make a full recovery this summer following 12-straight quarters of growth. “The forecast looks very bright for the remodeling market,” said Tobias Morrison, national sales manager for…
Read MoreGut-Renovated Remodel Comes Out With Farmhouse Kitchen in Boston, Massachusetts
The 2,301-square-foot single-family home, which dates to 1897, blends historic charm with coveted modern upgrades. The home, now equipped with a farmhouse-style kitchen, was renovated with timeless design in mind. The highly-anticipated 182-square-foot renovated kitchen features checked floors, stainless steel appliances and two-tone solid wood cabinetry. Additanlloy, the island countertop tastefully matches the backsplash material. “They bought this as a fixer-upper in 2019, and put blood, sweat, and tears into this thing for the last five years,” said Sam Reifman-Packett of the RP Group at Compass, who has the listing.…
Read MoreRemodeling Through Preservation-Based Renovation Model
Jordan Bagus, founder and creative director of Larapin design studio, is working through her business’ preservation-based real estate model to save character-filled homes from demolition and reconstruction. This means she purchases older residential propertied, restores them and resells them. Denver publication, 5280, sat down with Bagus to detail a once-dilapidated City Park West home that she purchased for $350,000, fixed up, and sold for $690,000 in a lengthy conversation: 5280: What exactly is preservation-based real estate development? Jordan Bagus: Preservation-based real estate development means that the work stems from the goal to…
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