Category: Newsletter

Nearly 2 in 3 homeowners (63%) have gone into debt to fund a renovation, according to new research from Clever Real Estate, a St. Louis-based real estate company. PR Newswire says with 94% of homeowners having completed a major renovation in the past five years, about 3 in 4 (78%) went over budget on their last project. Nearly half (44%) exceeded their budget by at least $5,000, while 35% exceeded it by at least $10,000. With three months remaining in 2024, 45% of homeowners have already spent $5,000 or more…

In the ever-evolving hardwood industry, professionals face a unique set of challenges that can impact profitability. While advances in technology have transformed lumber processing, prices for many species remain low due to competition from substitute materials and rising log costs driven by increased exports. The NHLA is stepping up to help industry stakeholders navigate these hurdles by leveraging the extensive experience of its team. By focusing on increasing yield rather than just cutting manufacturing costs, businesses can significantly enhance their bottom line, as operating costs for logs can account for…

The latest 2024 U.S. Bathroom Trends Report from Houzz reveals that wellness continues to be a significant focus in residential bathroom design, with trends aimed at enhancing comfort and future-proofing homes. Notably, nearly half of homeowners are incorporating aging-in-place features, such as curbless showers, grab bars, and built-in benches, into their remodels. Designers across the country, like Nishia Shubert and Andrew Mikhael, emphasize the importance of planning for future needs, ensuring that renovations not only meet current requirements but also anticipate the demands of aging homeowners. This proactive approach allows…

Sea Pointe Design & Remodel has proudly secured 1st Place in the Kitchen and Bath Specialist category at the prestigious Best of OC annual awards, a recognition that underscores the company’s commitment to excellence and innovation in home design and remodeling. Located in Irvine, the firm has experienced significant growth, expanding its team from 38 to nearly 70 employees in just a few years. This expansion reflects a growing trend among Orange County homeowners, who are increasingly opting for comprehensive remodels as housing opportunities become more limited. President Lauren Mills…

A recent home remodeling project in the downtown Greenville area has garnered significant recognition, winning three prestigious Bridge Awards from the Home Builders Association of Greenville. The award-winning remodel, executed by Stone Construction and Design, showcases exceptional craftsmanship and innovative design, reflecting the high standards of quality and creativity that the local contracting and remodeling industry aspires to achieve. The project not only enhances the aesthetic appeal of the home but also emphasizes functionality and sustainability, key considerations for modern remodels. This achievement highlights the importance of skilled professionals in…

Renovate AI has launched an innovative app designed to transform the home remodeling and design process by utilizing artificial intelligence for instant visualizations. Founded by Sid Sarasvati in response to challenges faced in staging homes for sale, the app enables users to efficiently remodel and visualize both interior and exterior spaces. With features that allow for quick adjustments in wall colors, materials, layouts, and furniture placement, Renovate AI provides a comprehensive and realistic preview of potential design outcomes, significantly enhancing decision-making efficiency. The app’s capabilities streamline workflows by reducing the…

The global green building materials market reached USD 346.4 billion in 2023 and is projected to grow to USD 716.4 billion by 2032, demonstrating a robust compound annual growth rate (CAGR) of 8.18% from 2024 to 2032. North America currently holds the largest market share, driven by increasing demand for eco-friendly materials, particularly in insulation applications, which are essential for enhancing energy efficiency and reducing heating and cooling costs. This surge is largely fueled by growing environmental awareness, government incentives promoting sustainable practices, and the rising popularity of certifications like…