A tough economy, a changed industry ... Remodelers are adjusting their business practices to adapt.
We ask: What cost-effective design choices are clients making for their kitchen and bath projects?
The American Institute of Architects survey reveals trends of interest to remodelers.
For the first time since 2006, home improvement spending is on the upswing. Annual growth will be nearly 5% in 2010, and all signs suggest that the positive trend will continue in 2011, according to the latest Leading Indicator of Remodeling Activity.
Remodeling spending is projected to bottom out, and begin a slow ascent, this year, according to Harvard University's Joint Center for Housing Studies.
Homeowner spending on major remodeling projects is starting to turn a corner and should begin showing year-over-year increases in 2010, Harvard University's Joint Center for Housing Studies says.
NAHB's Remodeling Market Indicator (RMI) shows a second quarter decline in the market.
The decline in remodeling activity may be reaching an end, according to the latest National Association of Home Builders' (NAHB) Remodeling Market Index (RMI).
