Tag: Remodeling
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Remodeling activity builds momentum
With mortgage rates remaining elevated and many would-be sellers still “locked in” to loans well below today’s rates, a growing number of households are choosing not to move at all. Instead, they’re staying put and investing in the homes they already have. According to the National Association of Home Builders (NAHB), remodeler sentiment has remained… Read More
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Remodeling outlook optimistic despite poor economic forecast
While remodeling activity is expected to slow down during the potential economic downturn ahead, experts predict that the long-term outlook for home renovations is bright. Todd Tomalak, principal of building products at Zonda, shared this optimism during a recent webinar. The present market conditions suggest that the decade of 2020-2030 may be considered the “golden… Read More
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Housing supply solutions left on the table
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