Growth in the Remodeling Industry

 

According to panelists at the 2012 International Builders’ Show, the residential remodeling market will continue to experience measured growth in 2012 after the Remodeling Market Index rose to a five year-high at the end of 2011.

While the new home housing market has continued to suppress the remodeling industry, there has been a growing trend among home owners to stay in their homes and to just add on.

Paul Emrath, NAHB’s vice president for survey and housing policy research predicts that “… residential remodeling will rise 8.9 percent in 2012.”

In the fourth quarter of 2011, the Remodeling Market Index, which measures current market conditions, showed that it rose from 43.0 to 48.4. The RMI is based on a quarterly survey of professional remodelers. An RMI below 50 indicates that more remodelers report market activity is lower than report it is higher.

American Housing Remodeling, Inc. is a builder of one and two story room additions and custom homes in the Tampa bay area, home of the Tampa Bay Buccaneers, The Tampa Bay Rays and the Tampa Bay Lightning. Located in the Pinellas Park area of St Petersburg, Florida,

The owners of American Housing have been building new homes and room additions in the Pinellas County area for over thirty years and are members of the Tampa Bay Builders Association (TBBA,) the National Association of Home Builders (NAHB,) the National Association of the Remodeling Industry (NARI,) the Better Business Bureau and the local Chambers of Commerce.

For more information, contact Lee Kretzer, an owner of American Housing at 727-546-6611, email us at info@amhousing.com, or go to the “Contact Us” page of our web site and send us a request for information. We look forward to hearing from you.

 

Click here to read entire article.

 

 

 

 

Enhanced by Zemanta
Be Sociable, Share!

Leave a Reply

Mortgage Calculator
Mortgage Calculator Get custom loan quotes
anonymously
Zillow Mortgage Marketplace Get this widget
Announcement Scroller
Translator