Category: Remodeling

Wage growth for residential building workers slowed in March 2025, reflecting a softening in the construction labor market, Wage growth for residential building workers slowed in March 2025, reflecting a softening in the construction labor market, according to the U.S. Bureau of Labor Statistics. Average hourly earnings rose to $38.76, a 4.5% increase from the previous year—down from a peak of 9.3% year-over-year growth in June 2024. The decline points to easing pandemic-related labor shortages and a shift in according to the U.S. Bureau of Labor Statistics. Average hourly earnings…

A recent analysis by the National Association of Home Builders (NAHB) sheds light on who holds the most sway in selecting building products within the construction and remodeling sectors. On average, 60% of builders report having the most influence over product choices across 24 categories, while 49% of remodelers claim the same. Both groups indicate that subcontractors, dealers, suppliers, and architects have similar levels of influence. However, customers play a more significant role in remodeling projects, with 26% of remodelers acknowledging customer input as the primary influence, compared to 16%…

​The Harvard Joint Center for Housing Studies’ latest Leading Indicator of Remodeling Activity (LIRA), released on April 17, 2025, projects a 2.5% year-over-year increase in homeowner spending on renovations and repairs, reaching a record $526 billion by the first quarter of 2026. This modest growth follows a period of decline after the pandemic’s peak expenditures, with recent upticks in existing home sales contributing to the anticipated steady rise in remodeling activities. Despite supportive factors like high home values and strong economic indicators bolstering homeowner improvement spending, the report cautions that…

BOWA’s recent whole-house renovation in Middleburg, Virginia, exemplifies a transformative approach to modernizing a dated property while preserving its original footprint. The homeowners, recognizing the need for extensive updates, collaborated with BOWA and Studio 360 to reimagine the space. Key enhancements included reconfiguring walls to improve flow and natural light, replacing all doors and windows, and refreshing wood flooring throughout the home. The kitchen was expanded with a bump-out and a new service station featuring a wine cooler, while the first-floor powder room was relocated for better accessibility. Additional touches,…

The 2025 Remodeling Impact Report, released by the National Association of Realtors® (NAR) and the National Association of the Remodeling Industry (NARI), reveals that homeowners derive the most satisfaction from adding a primary bedroom suite, upgrading the kitchen, and installing new roofing—each earning a perfect Joy Score of 10. In terms of cost recovery, replacing a steel front door offers the highest return at 100%, followed by closet renovations at 83% and new fiberglass front doors at 80%. These findings underscore the value homeowners place on both personal enjoyment and…

​The 2025 Remodeling Impact Report by the National Association of Realtors® and the National Association of the Remodeling Industry highlights that homeowners derive the most satisfaction from projects like adding a primary bedroom suite, upgrading the kitchen, and installing new roofing, each earning a perfect Joy Score of 10. In terms of cost recovery, replacing a steel front door offers the highest return at 100%, followed by closet renovations at 83% and new fiberglass front doors at 80%. While personal satisfaction drives many remodeling decisions, Realtors® often recommend projects such…