Best Home Remodeling Contractor Rockwall, TX (972) 771-3595
Best Home Remodeling Contractor Rockwall, TX (972) 771-3595 North Star Remodeling, Inc. is here when you need help with your home remodeling project. From ki...
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WASHINGTON, D.C. (PRWEB) February 13, 2015
Metrostudy, a Hanley Wood company, announced today the release of its fourth quarter 2014 Residential Remodeling Index (RRI) detailing activity in the remodeling and replacement industry.
The fourth quarter national composite of the RRI registered a score of 97.2, representing a 3.1% year-over-year increase on a seasonally adjusted basis, which beat a revised third quarter year-over-year gain of 3.0%. The RRI has now posted eleven consecutive quarters of positive year-over-year gains since the market bottomed out at the end of 2011.
The RRI also saw a 1.1% increase over third quarters revised result of 96.1, marking the 12th consecutive rise in the index and clearly confirming the growth in remodeling activity over the second half of 2014. With demand fundamentals also firming across the country at the close of the year, particularly in employment growth, projected growth rates in the RRI for the next few quarters have strengthened. As a result, the previous forecast for the remodeling market to reach full recovery (a reading of 100.0 or more) by third quarter 2015 remains intact.
The remodeling index saw a welcomed bounce in fourth quarter 2014, closing out a year where growth, while still in the positive, was slower than what was recorded in 2013. This trend mirrored the overall movement in home buying during the last two years, where purchasing in 2013 spiked off of previous depths, and 2014 cooled off of those spikes. The 2014 market saw the absence of first-time homebuyers and a retreat of investment buyers, leaving a slight dent in the overall measure of remodeling, says Brad Hunter, Chief Economist of Metrostudy. However, a job market that has begun to heat up and recent increases in consumer confidence support our expectation that 2015 will see stronger gains in remodeling activity, as well as full recovery by third quarter 2015. Wage growth rebounded in January, and if increases can stay consistent for a while, it would bode well for the younger generation of potential homebuyers to enter the market. Additionally, current and future remodeling opportunities are ripe amongst baby-boomers.
Metrostudy produces the RRI to provide the industry visibility into local market remodeling activity, forecasted future activity, and potential demand. According to the companys fourth quarter report, all 381 Metropolitan Statistical Areas are expected to see year-over-year growth in remodeling and replacement projects in 2015, with average growth of 4%.
Request a full copy of the report by contacting Danielle Fiore at dfiore(at)metrostudy(dot)com.
About the Residential Remodeling Index The RRI is a quarterly measure of the level of remodeling activity in 381 metropolitan statistical areas (MSA) in the U.S., with the national composite reflecting the national level of activity. Activity includes home improvement and replacement projects, but does not include maintenance or projects of less than $1000. The seasonally adjusted index shows the relative level of activity in the geography specified (MSA or national composite) compared to 2007 (the baseline year). A number above 100 indicates a level of remodeling activity higher than the level of activity at the beginning of 2007, which was the peak of remodeling activity in the prior decade.
The index is produced through a statistical model that leverages detailed data on remodeling activity, including household level remodeling permits, and consumer-reported remodeling and replacement projects. Quarterly historical results for the national composite and for each of the 381 Metropolitan Statistical Areas in the U.S. are available back to 2004. In addition, Metrostudy also produces annual estimates of project counts and expenditures as well as forecasts of the quarterly RRI and annual projects and expenditures.
About Metrostudy Metrostudy, a Hanley Wood company, is the largest provider of comprehensive research and insight for the real estate industry. Builders, developers, banks, manufacturers, retailers and many other industries all rely on Metrostudy's data and analytics to support strategic business decisions at the local, regional and national market level. http://www.Metrostudy.com
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Metrostudy Releases Q4 2014 Residential Remodeling Index (RRI)Momentum Brews at the Close of 2014, 2015 Expectations ...
Best Practices To Control Remodeling Dust
How To Control Remodeling Dust - Best Practices READ complete article here - http://www.aconcordcarpenter.com/how-to-control-remodeling-dust-2.html As a remo...
By: A Concord Carpenter
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2014 Hamfest Finds, Remodeling, A Little Car Stuff and MORE!
Whatever you like to watch on my channel, chances are this video #39;s got it. It #39;s long enough without a feature length description, so this will be one of the shorter ones--even though I think...
By: uxwbill
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2014 Hamfest Finds, Remodeling, A Little Car Stuff and MORE! - Video
Remodeling Choices
A copy of the Remodeling Cost vs Value Report can be seen here: https://s3.amazonaws.com/HW_Assets/CVV_Assets/2015/Consumer/minneapolismn.pdf.
By: Keller Williams - Pauling Homes Team
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Remodeling Choices - Video
Freeport, NY (PRWEB) February 13, 2015
The National Association of the Remodeling Industry (NARI) has named Bens General Contracting in Freeport, NY, 2015 Northeast Regional CotY winner in the Commercial Interiors category of its annual awards competition. Bens was recently voted the 2014 Contractor Of The Year by the National Association of the Remodeling Industry (NARI NYC/LI Chapter), gaining notoriety as the Silver Winner for excellence in Commercial Interior work.
Each year NARI presents CotY awards to members who have demonstrated outstanding work through their remodeling projects. We feel both humbled and energized by gaining this level of recognition and trust within the community, says owner Ben Jackson. Mr. Jackson attributes the companys success to the unparalleled commitment of its entire staff as well as its attention to detail and quality through all phases of construction.
For over thirty years, Bens has served the Long Island, NYC and Northeast Region. With extensive experience in both the commercial and residential sectors, the companys credits include commercial design-build, commercial general contracting, and commercial construction management services with well-known commercial brands as well as new home construction and renovations for New York homeowners.
Working for over 10 years with PLS Check Cashers, a nationally recognized Financial Service company, Bens completed dozens of stores for this client, providing services ranging from original pre lease assessments to post occupancy maintenance. Tasked with designing the store prototype, which includes prominent green building design features and building materials sourced within the region, the commercial interior renovation for this award winning project included: a new multi-zone VRF HVAC system utilizing cassette type blowers; bulletproof security walls and glass; an energy efficient LED lighting system; and an unrivaled turnover timeframe of 60 days.
Contractors from seven regions around the country vie for CotY Awards each year. Judging is based on problem solving, functionality, aesthetics, craftsmanship, innovation, degree of difficulty by an impartial panel of industry experts. NARI named 160 Regional CotY TM Winners from the 2015 competition, with 33 team members. Regional CotY Winners will now advance as finalists at the national level. Regional winners will be honored and National winners will be announced at NARIs Evening of ExcellenceSM reception on Friday, April 17 at the Hyatt Regency Pier Sixty Six in Ft. Lauderdale, FL. The winner reveal will also be available via Webcast at 5:30 pm ET on April 17 and will be archived for viewing for 30 days.
For more information about Bens General Contracting, visit the companys website at http://www.bgccorp.com or call (516) 623-2945.
About Bens General Contracting Corporation: Ben's General Contracting is a licensed, insured, bonded commercial and residential contractor serving Long Island, New York City and the Northeast Region. For over 30 years Bens has taken great pride in its Triple C Service Constant Client Communication and its on time be there when we say well be there service delivery ethics. Bens has been featured on George To The Rescue and is the recipient of numerous industry awards. The company and its staff remain in active in the community, encouraging ethical conduct, professionalism and community service in the industry.
About NARI: The National Association of the Remodeling Industry (NARI) is a professional association that serves homeowners who are seeking to hire a professional remodeling contractor. Members are full-time, dedicated, remodeling industry professionals who follow a strict code of ethics with high standards of honesty, integrity and responsibility. For more information, visit http://www.nari.org
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Bens General Contracting Corp. Named NARI 2015 Northeast Regional Contractor Of The Year (CotY) Winner for Commercial ...
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Our Children, Our Future Gives Voice to Struggling West Virginians Our Children, Our Future Gives Voice to Struggling West Virginians
Updated: Thursday, February 12 2015 1:16 AM EST2015-02-12 06:16:47 GMT
In January, Our Children, Our Future (OCOF) met with legislation in Charleston. The goal of OCOF is to move West Virginia forward by ending childhood poverty.
In January, Our Children, Our Future (OCOF) met with legislation in Charleston. The goal of OCOF is to move West Virginia forward by ending childhood poverty.
Updated: Wednesday, February 11 2015 5:39 PM EST2015-02-11 22:39:32 GMT
Basketball is a common after school activity that middle school students participate in. But what if it can do more than just burn a few calories? That's exactly what the Girls Basketball team at Suncrest Middle School did. The girls were shooting baskets to raise money for people in need.
Basketball is a common after school activity that middle school students participate in. But what if it can do more than just burn a few calories? That's exactly what the Girls Basketball team at Suncrest Middle School did. The girls were shooting baskets to raise money for people in need.
Updated: Wednesday, February 11 2015 5:01 PM EST2015-02-11 22:01:09 GMT
As the bitter cold temperatures hit most of West Virginia, a pay it forward campaign is keeping Clarksburg warm.
As the bitter cold temperatures hit most of West Virginia, a pay it forward campaign is keeping Clarksburg warm.
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Elkins Cinema Revamps Seating
Custom Kitchens | Cabinet Construction | Home Remodeling
Kitchens, whether remodeled or brand new, are an intricate part of the home. This is the heart of the building, the place where family gathers and company lingers. How you will use the space...
By: North Twin Builders LLC
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Custom Kitchens | Cabinet Construction | Home Remodeling - Video
Expansion and Remodeling Pleasant Hill,CA
Complete remodel and expansion for 777 Charlton Dr. Pleasant Hill Ca,94523.
By: Paymun Inc
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Expansion and Remodeling Pleasant Hill,CA - Video