The remodeling industry is reshaping how they receive payments, turning to more flexible options in the current consumer market. The rise of BNPL As creative style trends change, so do financial trends. Home builders and remodelers have shifted how they can still attract more clients the answer may be payment plans. The buy-now-pay-later (BNPL) services have grown increasingly popular in consumer spending across all markets. According to a report from Morgan Stanley, BNPL loans financed 6% of e-commerce in 2024, a stark increase in the market from 2% in 2020. Affordability…
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NAHB Residential Remodelers Profile
In the 2024 NAHB Member Census, 21% of members reported residential remodeling as their primary source of building business. This is the second most popular primary activity for NAHB builders, behind single-family home building with 63%. Member Profile Members with a remodeling business often are smaller, employing an average of 5 people full time. This number does not include subcontractors. 89% of residential contractors reported to be male while a growing number of 11% are female. The median age is 59. 51% reported gaining an advanced degree and 26% have…
Read MoreSafe and Smart Entry-Level Driver Training (ELDT) Certification Program
The National Lumber and Building Material Dealers Association (NLBMDA) is offering an exclusive discount on a special program. The Safe & Smart Entry-Level Driver Training (ELDT) Certification Program by J.J. Keller & Associates is specially available to NLBMDA members. The ELDT Certification Program allows trainers the flexibility and knowledge to optimize driver training to prevent accidents and reduce liability. The Certification Program includes preparation for online courses, classroom instruction, range and road experience to be provided to trainees. Evaluation at the end of the program gives advice to trainers on…
Read MoreHow Remodelers Can Capitalize On The State of The Housing Market
Now is the perfect time for remodelers to market themselves. With the market for newly built single family homes soft, many homeowners are looking to revamp their current homes or invest in older homes. Leo Lantz of Leo Lantz Construction, Inc talked to NAHB about essentials for remodelers to succeed in this moment. Lantz advised remodelers to ensure consistent client communication, superb craftsmanship, and having a paper trail of all receipts, contracts and permits Read More
Read MoreTexas timber industry eyes new opportunities amid steady markets
In the state of Texas, the timber industry continues to expand its economic impact. Continued contributions in homebuilding activity and production alongside new developments of forest management innovate the industry. Coupled with the usage of mass timber in place of concrete or steel, reinvestments and mill expansions surge confidence within Texas’ timber industry while housing markets slow down nationally. Facing such a shift, the state has adapted and continues to be a dominant force in residential construction by tapping into increasingly appealing markets such as energy-efficient homes and multifamily buildings,…
Read MoreMaine HBA Brings Real-World Training to State’s Future Builders
The Home Builders and Remodelers Association of Maine has teamed up with Sanford Regional Technical Center to give high school students hands-on training in building homes so they can jumpstart careers in the skilled trades. Now in its seventh year, the program has completed five homes, with multiple others underway, and uses materials donated by industry partners while funding future builds through home sales. Students also receive significant support upon graduation, with over $40,000 awarded in scholarships and tools last year to help launch them into the workforce. Read More
Read MoreSouthern California Housing Market: Prices and Forecast 2025
In May 2025, the Southern California housing market saw a decline in home sales, with a 7.6% year-over-year drop, largely driven by high mortgage rates and broader economic uncertainty. While home prices remained relatively stable, rising slightly in some counties and falling in others, the region remains significantly more expensive than the national average. Inventory levels are rising, signaling a shift toward a more balanced market, though it still slightly favors sellers. Read More
Read MoreFraming Lumber Prices
Lumber prices continued their decline for the 11th straight week, with the framing lumber composite price falling to $424 per 1,000 board feet—the lowest since October 2024. Although prices are down 4.1% over the past month, they remain 13.1% higher year-over-year. U.S. lumber availability also hit a low not seen since 2019, as both domestic production and imports, especially from Canada, decreased in the first quarter of 2025. Read More
Read MoreApril Private Residential Construction Spending Dips
Private residential construction spending declined for the third month in a row in April, driven by drops in single-family construction and home improvement projects. Compared to a year earlier, total residential spending was down 4.8%, with single-family spending falling 1.1% in April—ending a seven-month growth streak—and multifamily spending down 11.3% year-over-year. Elevated mortgage rates, material tariff concerns, and broader economic uncertainty continue to weigh heavily on the housing sector. Read More
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…
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