The economy has been gaining momentum and so has the market for remodeling your home!
The National Association of Home Builders market index rose to about 47, which indicates a solid demand for remodeling projects (usnews.com). Although the average price range to remodel is between $10,000 and $25,000, people are able to build the lavish kitchen or bathroom they’ve always wanted (usnews.com).
In fact, according to Mike Hydeck, president of the National Association of the Remodeling Industry says, “the most popular remodeling projects are still kitchens and bathrooms,” (usnews.com). With the job and house market unsteady, a small project is a compromise that is trending (usnews.com).
Minor or not so minor, the Bureau of Economic Analysis reported that the $330 billion spent on residential construction in 2011 was spent on home improvements (usnews.com). Experts at IHS Global Insight believe that the share will pull back approximately 45% this year, but will remain at a higher percentage than new construction (usnews.com). If you are looking to do some remodeling in your home and want to keep up with the economic trends, check out lighthouseshowerdoors.com! We customize and install shower doors for bathrooms of all shapes and sizes!
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