SGI Realty One Real Estate Blog

May 10th, 2011 2:26 PM

 

As lending tightened many were hesitant to move forward on remodels and upgrades.  However, that trend is changing as consumer confidence returns and home owners gear up for remodeling projects.

In fact, the remodeling market is heating up, its is now at the highest level in 4 years.  This is both a positive sign for the economy and housing market.  Home remodeling continues to slowly grow throughout the years and is expected to continue to grow.

According to David Crowe, Chief Economist of National Association of Home Builders "Home remodeling continues to slowly increase and continued growth through the year is expected.  The fact that some indicators are breaking 50 means remodelers are seeing improving activity in their markets.  While credit scarcity and economic uncertainty continue to weigh down remodeling, signs of signs of increasing consumer interest are promising."

There you have it!  So move forward and don't hesitate, give your home that new coat of paint or install those new kitchen cabinets!

 

Til' Next Time

 

Tim D.

 

>>Complete details on the Cash Back Rebate Program. If you have any questions please do not hesitate to Contact us<<

Posted by SGI Realty One on May 10th, 2011 2:26 PMPost a Comment (0)
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:

SGI Realty One 40 South Street West Hartford, Connecticut 06110
Phone: Toll Free Phone: Fax:

Our Videos | Contact Us | About Us | 2% Cash Back | 2% Program FAQ | Search the MLS | Home | Request Free Reports

Copyright © 2012 SGI Realty One
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.



 
State:
County:
City:
Zip: