Current conditions, activity forecast hit highest level to date
The National Association of the Remodeling Industry's fourth-quarter Remodeling Business Pulse data of current and future remodeling business conditions has experienced significant growth across all indicators, with forecasting in the next three months hitting its all-time highest level.
The significantly positive results have a lot to do with homeowner security, remodelers say. "Remodelers are indicating major growth in the future, with many saying that clients are feeling more stable in their financial future and their employment situations; therefore, they are spending more freely on remodeling needs," says Tom O'Grady, CR, CKBR, chairman of NARI's Strategic Planning & Research Committee and president of O'Grady Builders, based in Drexel Hill, Pa.