PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Paint and Coatings Industry News

Main News Page


Report Sees Remodeling Rebound

Monday, October 5, 2009

Comment | More

Home remodeling activity has increased in certain U.S. regions for the first time in more than a year, according to a new report by RemodelorMove.com.

The site’s Remodeling Activity Report, based on a sampling of remodeling permits, notes a significant increase in the value of second-quarter remodeling projects, compared to the first quarter of 2009.

“The size of these projects is the most notable change,” the site reports. “The average expenditure by homeowners in the sampled regions for permitted remodeling projects was more than 20% greater than spent in the same quarter of both 2007 and 2008.”

The results are in line with the site’s Spring 2009 Remodeling Sentiment Report, which reported a 5% increase in the number of homeowners who reported that they were likely to remodel in the next 12 months.

Recent government stimulus packages, rebates for energy efficient remodels and steep reductions in overall remodeling costs have all encouraged many homeowners to begin remodeling projects in the second quarter of 2009 that were previously on hold, the site reported.

The Northeast and Southwest regions of the U.S. show the most signs of improvement in remodeling expenditures during the second quarter of 2009, compared to the same quarter in 2008, according to the report. The rest of the country has yet to see much of a recovery, while remodeling in the Southeast remains in decline.

The release of RemodelorMove.com's forward-looking Remodeling Sentiment Report next month will provide additional insight on the strength and duration of the economic recovery as it relates to the U.S. home remodeling market through the end of 2009 and 2010.

RemodelorMove is an online resource for homeowners deciding whether to remodel their current homes or to move. In partnership with www.remodelestimates.com, RemodelorMove.com provides information and cost-comparison calculators, forums, seminars, and advice for homeowners.

   

Tagged categories: Residential

Comment Join the Conversation:

Sign in to our community to add your comments.

Abrasives Inc.
Check our Prices for Blast Abrasives

Faced with higher abrasive costs? We invite you to call & check our rates on Black Magic® coal slag and other quality blast materials. Abrasives Inc. 800-584-7524


HoldTight Solutions Inc.
NO FLASH RUST -
NO CONTAMINANTS

Our HoldTight®102 salt remover & flash rush inhibitor prevents flash rust by removing surface contaminants.
Contact us for your nearest distributor. (800) 319.8802 sales@holdtight.com


GMA Garnet USA
GMA Garnet™
Natural Abrasives

- Superior cleaning
  performance
- Even Profile
- Low Dust
- Cost-Effective
- Environmentally friendly
- Recyclable up to 5 times
Tel : +1 832 243 9300


Mitsubishi Gas Chemical America
Performance Amine 1,3-BAC

A highly reactive cycloaliphatic diamine offering superior performance. Reasonable cost and curing efficacy makes it suitable for all types of epoxy resin applications.


KTA-Tator, Inc. - Corporate Office
KTA Analyzes
Coating Failures

• Field Diagnosis
• Lab Diagnosis
• Determination of Cause
• Recommendations
www.kta.com
800-245-6379


Denso North America Inc.
Denso Tank Base
Protection System

An easily applied prevention system, utilizing Denso tapes and coatings around the tank base, that helps prevent corrosion from external elements.
Call 1-281-821-3355 or Visit www.densona.com


Absolute Equipment/Grand Rental Station
Portable Power from Absolute Equipment

•Compressors
•Lighting Systems
•Generators
•Light Compaction
Sales • Rental • Service
Call 1-866-931-6655
Over a century of
providing excellence.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com