Home Builder Developer - Interior Renovation and Design
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November 3, 2012 by
Mr HomeBuilder
The current top 10 markets are Houston, Dallas, Austin, San Antonio, Buffalo, Oklahoma City, Pittsburgh, Charlotte, Rochester, and Denver.
Washington, DC (PRWEB) November 02, 2012
The increase quarter-to-quarter was the third increase in a row after the industry experienced declines for the five straight quarters ending in 2011, The industry experienced the declines in activity as energy-related tax credits expired at the end of 2010 and both housing and the general economy wilted in 2011. As housing fundamentals are rapidly improving, remodeling and replacement activity is again on the rise and is forecasted by Hanley Wood to improve for many quarters to come.
Estimated remodeling and replacement projects for 2011 came in at just over 10 million, or a decline of 4 percent over the 10.5 million estimated projects completed in 2010. The market peaked in 2007 at 12.7 million large, pro-worthy projects. Hanley Wood is now forecasting 2012 to see just over 10.1 million remodeling and replacement projects in 2012 and back up to 10.5 million projects in 2013.
We had forecasted growth in remodeling and replacement activity in 2012 and the actual results are coming in close to expectations, said Jonathan Smoke, the executive director of Hanley Wood Market Intelligence. Housing fundamentals are actually improving more quickly than we are seeing remodeling activity pick up. As it becomes clearer to consumers that the improving housing environment is not a head fake, we expect to see activity pick up even more.
According to the updated RRI data, growth will be wide-spread in 2013. The latest Hanley Wood report forecasts growth in all but 11 of the 366 metropolitan statistical areas tracked. Hanley Wood ranks the best markets for remodeling based on market health, level of activity, extent of recovery, and potential demand. The current top 10 markets are Houston, Dallas, Austin, San Antonio, Buffalo, Oklahoma City, Pittsburgh, Charlotte, Rochester, and Denver.
About the Residential Remodeling Index
The RRI is a quarterly measure of the level of remodeling activity in 366 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 $500. 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 366 Metropolitan Statistical Areas in the U.S. are available back to 2004. In addition, Hanley Wood Market Intelligence also produces annual estimates of project counts and expenditures as well as forecasts of the quarterly RRI and annual projects and expenditures.
About Hanley Wood Market Intelligence
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Hanley Wood Releases Q3 2012 Residential Remodeling Index (RRI)—Remodeling and Replacement Continue Improving
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November 3, 2012 by
Mr HomeBuilder
Pedestrian hit, killed in Greene County Pedestrian hit, killed in Greene County A pedestrian was hit and killed in Greeneville on Saturday morning, according to a THP report.More >> A pedestrian was hit and killed in Greeneville on Saturday morning, according to a THP report.More >> Moonshine distillery opens in E. Tenn. Moonshine distillery opens in E. Tenn. A ninth distillery has opened in Tennessee since liquor laws changed in 2009 and began allowing the production of whiskey and other distilled spirits.More >> A ninth distillery has opened in Tennessee since liquor laws changed in 2009 and began allowing the production of whiskey and other distilled spirits.More >> Knoxville police investigate man's death Knoxville police investigate man's death Police are investigating the death of a man who was found dead in his apartment on Saturday morning.More >> Police are investigating the death of a man who was found dead in his apartment on Saturday morning.More >> Grace Christian football player shares recovery, insight after brain injury Grace Christian football player shares recovery, insight after brain injury The McKamey household is slowly getting back to normal, but they'll never forget the dreadful night that nearly took Will's life.More >> The McKamey household is slowly getting back to normal, but they'll never forget the dreadful night that nearly took Will's life.More >> UT football player connected with theft on campus UT football player connected with theft on campus UT football freshman defensive back Deion Bonner was named in a UT police report in connection with a stolen cell phone on campus.More >> UT football freshman defensive back Deion Bonner was named in a UT police report in connection with a stolen cell phone on campus at the Health, Physical Education and Recreation building on campus.More >> Stranded hiker found and airlifted out of the Smokies, released from hospital Stranded hiker found and airlifted out of the Smokies, released from hospital Rangers in the Great Smoky Mountains National Park are searching for a male hiker who became stranded in the snow on the Appalachian Trail Thursday.More >> Rangers in the Great Smoky Mountains National Park are searching for a male hiker who became stranded in the snow on the Appalachian Trail Thursday.More >> Valarium and CiderHouse to close on Nov. 25 Valarium and CiderHouse to close on Nov. 25 The Valarium and CiderHouse managementannounced on Friday night that the venues will be closing on Nov. 25. Management made the announcement official on the venues' website.More >> The Valarium and CiderHouse managementannounced on Friday night that the venues will be closing on Nov. 25. Management made the announcement official on the venues' website.More >> Knoxville Red Cross to hold fundraiser on Monday Knoxville Red Cross to hold fundraiser on Monday The Knoxville Red Cross will hold a "Drive-Thru and Drop-Off" fundraiser on Monday, Nov. 5 from 7 a.m. to 6 p.m. to support victims of Hurricane Sandy.More >> The Knoxville Red Cross will hold a "Drive-Thru and Drop-Off" fundraiser on Monday, Nov. 5 from 7 a.m. to 6 p.m. to support victims of Hurricane Sandy.More >> 1.4M early votes in Tenn. fails to set record 1.4M early votes in Tenn. fails to set record More than 1.4 million ballots were cast during Tennessee's early voting period.More >> More than 1.4 million ballots were cast during Tennessee's early voting period.More >> Woman able to vote despite no photo ID Woman able to vote despite no photo ID A woman who couldn't obtain photo identification and didn't think she'd be able to vote was allowed to through a rarely used exemption in Tennessee's new voter ID law.More >> A woman who couldn't obtain photo identification and didn't think she'd be able to vote was allowed to through a rarely used exemption in Tennessee's new voter ID law.More >>
KNOXVILLE (WATE) - A home remodeling error resulted in a fire late Thursday in Knoxville.
Firefighters say flames broke out in the home on Beaumont Avenue just before 10:30 p.m. The home wasunoccupied at the time.
Investigators found a wall heater in a wallhad been covered with sheetrock. When the overnight temperature dropped, the heater turned on.That caused the walltooverheat and catch fire.
Fire crews say damage to the house was minimal. No injuries were reported.
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Remodeling mistake leads to house fire in Knoxville
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November 3, 2012 by
Mr HomeBuilder
41 Georgetown Drive in Pawleys Island, SC
For more details click here: http://www.visualtour.com 41 Georgetown Drive Pawleys Island, SC 29585 $547000, 5 bed, 5.5 bath, 4450 SF, MLS# 1116766 Low country living at it #39;s best. Circular driveway, two car detached side loading garage, large backyard with outdoor space for entertaining and view of pond (firepit and fountain) could easily be converted into a summer kitchen......Hardwood , tile, laminate and carpet flooring. Master bedroom on the first floor with huge master bath (whirlpool tub and shower) and walk- in closet, cozy wood burning fireplace in gathering room and family room (built-in shelving). Two screened porches and back porch and rocking chair front porch. Office with built-in shelving. Kitchen with huge walk-in pantry and all recent kitchen appliances (double oven). Lots and lots of cabinets and storage and lots and lots of sunlight...Formal living room and dining room ...note all the heavy mouldings, smooth ceilings...Two hot water heaters, ceilings fans, spacious laundry room, sprinkler system with well...Convenient clothes shute from upstairs closet to laundry room. Presented By: Griggs Team, The Dieter Company 843-237-2813 http://www.griggsteamatthecoast.com View My Inventory: http://www.visualtour.comFrom:pawleysrealestateViews:0 0ratingsTime:02:57More inTravel Events
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41 Georgetown Drive in Pawleys Island, SC - Video
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November 3, 2012 by
Mr HomeBuilder
17 High Street Enola, Pennsylvania 17025 MLS# 10230271
17 High Street Enola Pennsylvania 17025 MLS 10230271 Very nice well maintained freshly painted 3 BR 2 full bath home on corner lot. Good sized LR DR - bright airy kit new range carpet throughout except vinyl in kit baths - full dry basement w/painted floor walls floored attic for storage oil BB hot water heat front rear covered porches 3 car detached garage or possible rentals - park playground - adjacent to East Penn Municipal facilities - AHS Home Warranty! For more information visit era.com Contact: David WentheFrom:erarealestate7Views:0 0ratingsTime:00:54More inTravel Events
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17 High Street Enola, Pennsylvania 17025 MLS# 10230271 - Video
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November 3, 2012 by
Mr HomeBuilder
4404 B Nesbit Rd Monroe, North Carolina 28112 MLS# 2060122
4404 B Nesbit Rd Monroe North Carolina 28112 MLS 2060122 Working Horse Farm - 20 stall barn and pastures and riding arena-Large Country Home - Large master suite with 4 walk in closets- wet bar and 2 stone fireplaces -Hardwoods down-covered rear and front porches for those summer breezes - this is being surveyed out of a larger tract -address amp; tax value will change-more land could be available for sale or lease -tax value reflects entire parcel- For more information visit era.com Contact: Jan KonetchyFrom:erarealestate1Views:0 0ratingsTime:00:54More inTravel Events
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4404 B Nesbit Rd Monroe, North Carolina 28112 MLS# 2060122 - Video
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November 3, 2012 by
Mr HomeBuilder
114 Golden Dune Way Holden Beach, North Carolina 28462 MLS# 647877
114 Golden Dune Way Holden Beach North Carolina 28462 MLS 647877 ICW Intra Coastal Waterway home in Seaside @ Winding River.Assigned boat slip number 9 is included.This property is listed as waterfront because there is nothing between it and the ICW than common property. Home owner is part of the common property and the boat slip that is assigned to the lot is in the water.Please ask if you need clarification. Community ocean front pool plus 2nd pool at community main clubhouse.Upper and lower rocking chair porches.Whole house Air filter on first floor. Newer Heat Pump 15 rem. Low electric bills.A must see home with 4 bedrooms and 3.5 bathsplus a loft TV area.This would be a great rental property or full time home Has ocean view from upper deck.New roof and paint October 2012.Dead end culdesac street great ICW view views of Shrimp and fishing boats. Broker has interest. For more information visit era.com Contact: Howard HusselmanFrom:erarealestate1Views:0 0ratingsTime:00:54More inTravel Events
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114 Golden Dune Way Holden Beach, North Carolina 28462 MLS# 647877 - Video
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November 3, 2012 by
Mr HomeBuilder
LOT 5 BELVIEW RD LEESVILLE, Louisiana 71446 MLS# 18-2249
LOT 5 BELVIEW RD LEESVILLE Louisiana 71446 MLS 18-2249 New construction in a country setting! This AMAZING 4BR/2.5BA is 8 miles from Fort Polk and only 4 miles from Leesville. Home includes a formal entrance way office ceramic tile floors custom cabinets with granite countertops large bedrooms tray ceiling in the master bedroom and large front and rear porches to enjoy country living. Call Jesse Lentz for details 337-208-1433 For more information visit era.com Contact: Jesse LentzFrom:erarealestate6Views:0 0ratingsTime:00:54More inTravel Events
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LOT 5 BELVIEW RD LEESVILLE, Louisiana 71446 MLS# 18-2249 - Video
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November 3, 2012 by
Mr HomeBuilder
7949 Throop Chicago, Illinois 60620 MLS# 08149899
7949 Throop Chicago Illinois 60620 MLS 08149899 Great investment rental potential just accross of Reneissance Park and close to I-90 expressway Red Line and Bus service. 3 bd on 1st and 2 bd on 2nd floor w/ living dining rooms and both enclosed porches in need of finishing rehab. Full unfinished basement. Property in short sale situation. Bank is ready to negotiate and boarded property to secure it. Sold AS-IS. For more information visit era.com Contact: Jacek PiktelFrom:erarealestate10Views:0 0ratingsTime:00:37More inTravel Events
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7949 Throop Chicago, Illinois 60620 MLS# 08149899 - Video
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November 3, 2012 by
Mr HomeBuilder
Homes for Sale - 28457 Bay Cliff Lane, Daphne, AL
Property Site: tour.cbunited.com Lovely Southern Style on Mobile Bay. Two wide porches to watch Beautiful Brilliant Sunsets, Cool Breezes and High Elevation add to the Charm of this Beautiful Home. Hardwood floors throughout and updated kitchen with granite SS appliances. Large Rooms and Lots of Storage. 65 ft frontage. Easy commute to Mobile. A Special Property. Priced to Sell! Bedrooms: 3 Bathrooms: 4 Square Feet: 2361 Price: $399900 For more information about this property, please contact at or none. See More listings at: MLS ID: 177427 cbunited.com YouTube http://www.youtube.com Last modified: 11/02/2012 12:27:01 pmFrom:CBUnitedGulfCoastViews:0 0ratingsTime:01:51More inEntertainment
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Homes for Sale - 28457 Bay Cliff Lane, Daphne, AL - Video
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November 3, 2012 by
Mr HomeBuilder
81 North Main Street, Deerfield, MA 01342
81 North Main Street Deerfield, MA Upton - Massamont Realtors http://www.realestatebook.com DEERFIELD Perfectly located in the center of South Deerfield, this comfortable 4 bedroom, 2 .5 bath farmhouse has some wonderful features. The wide front and side porches are great to while away the summer days; the living room is spacious w raised panel wainscoting and a new bamboo floor. The detached barn offers a private 3 room apartment renting for $800/month, and a studio space on the 2nd floor for painting, writing or escaping. Easy access to I-91, close to everything - this one is a winner! $279900From:RealEstateBook16Views:0 0ratingsTime:01:46More inHowto Style
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81 North Main Street, Deerfield, MA 01342 - Video
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