-
The big news is a bump up in the cost-value ratio due to lower costs and stabilizing house prices.
-
A sluggish housing market continues to affect remodeling return on investment, but the rate of decline is slowing, and some markets are showing signs of a recovery.
-
Sagging home prices, tight credit, and consumer indecision trumped lower construction costs, sending the cost-to-value ratio to its lowest level in a decade.
-
Upscale consumers know it's a great time to buy property and remodel, but they are being more picky and want more for their money.
-
Three remodelers talk about how they are using the Cost vs. Value Report differently since the recession.
-
Replacement and repair jobs appeal to homeowners because they are relatively inexpensive and help a home hold its value.
-
Lower property values coupled with restrictive lending practices is leaving more remodelers with the bulk of their sales coming from customers who can self-finance.
-
Though overall construction costs haven't really decreased, consumers think remodeling is on sale, making for smaller margins and stiff competition.
-
Falling home prices have pushed the value of remodeling investments down, but small-scale projects and replacements may be leading the way to recovery.
-
If the neighbors are underwater, how to keep your clients high and dry.