The National Assn. of Home Builders (NAHB) Remodeling Market Index (RMI) remained flat for the first quarter of 2012, decreasing one point to 47 from the previously upward revision to 48 last quarter.
Remodeling activity remained relatively flat in the first quarter of 2012, as the Remodeling Market Index (RMI) compiled by the National Association of Home Builders decreased one point to 47 from the upwardly revised 48 in the previous quarter.
Home improvement shoppers of big ticket items like flooring and furniture are not brand loyal, according to The Complex Shopper study by The Integer Group and Decision Analyst.
Wentworth Inc., a home design-build firm in Chevy Chase, Maryland, that remodels homes throughout the Washington, D.C., metropolitan area, recently won a 2011 CoTY (Contractor of the Year) Award for a condo remodel in Alexandria, Va.
A sluggish economy and housing market will continue to hamper home improvement spending well into next year, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Cabinetry refacing firm U.S. Home Systems had record revenues of $43.8 million, an increase of 24.4%, as compared to $35.2 million in the second quarter 2010.