Remodeling contractors are navigating a dynamic landscape in 2025, marked by evolving homeowner preferences, technological advancements, and economic pressures. According to Nationwide Excess & Surplus, contractors face challenges such as fluctuating home sales, rising interest rates, inflation, and labor shortages. To remain competitive, it’s essential for contractors to stay informed about emerging trends and adapt their strategies accordingly. One significant trend is the increasing demand for sustainable and energy-efficient home improvements. Homeowners are prioritizing eco-friendly materials and energy-saving upgrades, driven by both environmental concerns and potential cost savings. Additionally, the…
Read MoreDay: May 28, 2025
Hamish Murray Construction Earns 2025 NARI Remodeler of the Year Award for Entire House Over $1 Million
Hamish Murray Construction Inc., based in Portland, Oregon, received the 2025 National Remodeler of the Year (RotY) Award from the National Association of the Remodeling Industry (NARI) in the “Entire House Over $1,000,000” category. The award-winning project, known as the Hillsdale Modern Ranch, involved a comprehensive renovation tailored for a family of four. The remodel added 290 square feet to the existing ranch-style home and stripped the remaining structure down to the studs to facilitate a complete transformation. The renovation aimed to preserve the home’s natural and cozy ambiance while…
Read MoreRemodeling Impact
In 2024, U.S. homeowners spent an estimated $603 billion on remodeling projects, driven by factors such as aging homes, high mortgage rates, and a desire to enhance comfort. The National Association of REALTORS® (NAR) reports that projects like adding a primary bedroom suite, upgrading the kitchen, and installing new roofing received perfect “Joy Scores” of 10, indicating high homeowner satisfaction. According to the National Association of Realtors, “Housing affordability and the rise in mortgage rates have been pondered to be a motivating factor to remodel one’s home.” Read More …
Read MoreRemodeled Show Home Returns for IBS 2026 with a Fresh, Real-World Approach
The New American Remodel® (TNAR) is set to return at the 2026 International Builders’ Show (IBS) in Orlando, Florida, after a brief hiatus. Led by Phil Kean Design Group, the 2026 project focuses on a “soft remodel” of a 3,341-square-foot home in Winter Park, originally built in the 1950s. Unlike previous TNAR projects that involved extensive structural changes, this remodel aims to retain much of the original layout, updating key areas like the kitchen and bathrooms to create a cohesive and architecturally significant design. Phil Kean, CEO of Phil Kean…
Read MoreHomeowners spend on renovations despite the uncertain economy
Despite broader economic uncertainty, U.S. homeowners are continuing to invest in home renovations. Sales at building materials and garden supply retailers rose 0.8% in April from March, marking the largest gain since 2022. However, the cost of home repairs and remodeling climbed nearly 4% in the first quarter from a year earlier, primarily due to rising labor costs. According to the Trumbull Times, “Home Depot said Tuesday that it doesn’t expect to raise prices because of tariffs, saying it has spent years diversifying the sources for the goods on its…
Read MoreAging-in-Place Remodeling Work Fell
In the first quarter of 2025, only 56% of professional remodelers reported undertaking projects designed to allow homeowners to age in place (AIP), which marked the lowest percentage since the National Association of Home Builders (NAHB) began tracking this data in 2004. This decline is due to economic uncertainties, high interest rates, and stock market volatility, which have dampened consumer spending and investment in home modifications. However, awareness of AIP concepts remains high, 98% of remodelers noting that most or some of their clients are familiar with AIP. According to…
Read MoreBuilding Material Price Growth Minimal in April
In April 2025, building material prices for new residential construction experienced minimal growth, offering a measure of relief to the housing industry. According to the latest Producer Price Index (PPI) report from the U.S. Bureau of Labor Statistics, prices for inputs to residential construction—excluding capital investment, labor, and imports—fell by 0.4% in April, following a revised increase of 0.8% in March. Year-over-year, the index grew by 0.6%, indicating a modest rise in construction input costs. Breaking down the components, the goods segment, which accounts for approximately 60% of the total…
Read More