The sluggish remodeling market hasn't hit Curb Appeal Renovations, in Keller, Texas.
The third-quarter 2007 release of the Leading Indicator for Remodeling Activity (LIRA) brings more doom and gloom. The annual rate of consumer spending on remodeling, having fallen each of the past two quarters, is expected to continue to drop for the next four quarters.
If you've noticed that nails suddenly cost more than they used to, you aren't alone.
As varied as remodeling company owners are, they share several personality traits. Most are independent-minded and strong-willed, and they tend to keep their cards very close to their vests. But some are finding that open-book management has made their company more profitable and their employees more accountable.
Like many across the country, the once-booming Northern Virginia remodeling market has hit a rough patch. And though Bob Benedict, president of Northwood Construction, in Sterling, says he hasn't had any potential clients back out of their scheduled projects, he has noticed that they seem to be in less of a hurry to break ground.
