The global remodeling market is on track for substantial growth, expected to rise from $973.37 billion in 2025 to $1.02 trillion in 2026, driven by a 5% compound annual growth rate (CAGR). Factors contributing to this growth include increased residential renovation spending, early adoption of smart home upgrades, as well as heightened demand for aesthetic improvements and professional services. By 2030, the market is projected to reach $1.24 trillion, thanks to a greater emphasis on sustainable retrofits, energy-efficient materials and expanding commercial renovation ventures. Trends anticipated in the future include…
Read MoreCategory: Uncategorized
Builder confidence rises
Builder confidence upticks to highest reading since April. This is supported by 50-point breakeven mark for future sales expectations. Despite market and macroeconomic hesitations the building and remodeling industries remain resilient. As The National Association of Home Builders (NAHB) and their NAHB/Westlake Royal Remodeling Market Index (RMI) relays this positive trend. “The HMI gain in October is a positive signal for 2026 as our forecast is for single-family housing starts to gain ground next year,” said NAHB Chief Economist Robert Dietz. “The 30-year fixed-rate mortgage fell from just above 6.5%…
Read MoreHow inflation affects remodels
Inflation is driving up costs in daily items, this includes material for remodels. While overall wholesale and consumer inflation has steadied, building materials face The price of metals used in elevated finishes is not immune. Copper prices continue to rise, this affects copper roofs, custom finishes and wiring. This tracks to other materials, “Custom bronze stair railings and balcony trims, for example, are up 15% to 20% since last year,” said Kyle Peacock of Peacock Tariff Consulting. “Brass fixtures, from faucets and lighting to cabinet hardware, have risen 12% to…
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 MoreHomeowners may look to HELOC
While many people are expecting Federal Reserve cuts, home equity lines of credit (HELOC) are expected to follow the reserve more closely and increase renovations and improvements. Home Depot and Lowe’s analysts estimate there is roughly $50 billion in pent-up demand for home improvement work. These are projects that homeowners have put aside while borrowing costs stayed high across loans and materials. Lower HELOC rates could provide homeowners with the funds to funnel directly into their new kitchens, bathrooms or addictions. This comes at a time where the new housing market is…
Read MoreHow Remodelers Can Utilize Digital Marketing
Traditional marketing for remodelers is not as effective as it was pre-internet and social media, utilizing digital marketing is the key to reaching clients. Remodelers with a steady client base may think their marketing is efficient, however tapping into digital marketing can increase their visibility and profits. There are many ways to improve your digital marketing like having an updated and easy to navigate website, advertising through social media and email marketing.The use of targeting ads can also define and reach different groups within your audience like a whole custom…
Read MoreWhat is Next as The Popularity of Open Layout Kitchens is Fading
Open layout kitchens have reached their peak and consumers are looking for the next style to build around. Some are looking to combine the style with another while others are going back to traditional styles. From broken plan kitchens to back kitchens, the times are changing in favor of saving space and incorporating a sense of connectedness with the rest of the home. 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 MoreHere’s What Luxury Buyers Want in a Home in 2024, According to a New Report
Here’s What Luxury Buyers Want in a Home in 2024, According to a New Report High-end shoppers are after sustainable residences and properties with hotel-like amenities. Read More Robb Report https://robbreport.com/shelter/home-design/what-luxury-buyers-want-in-home-1235469961/
Read MoreKB Home Announces the Grand Opening of Two New Communities in the Desirable Southtown Master Plan in Vacaville, California
KB Home Announces the Grand Opening of Two New Communities in the Desirable Southtown Master Plan in Vacaville, California KB Home announced the grand opening of Sagebrush and Sweetbay at Magnolia Park, two new communities in the desirable Southtown master plan in Vacaville, California. The new homes… Read More Joplin Globe https://www.joplinglobe.com/region/national_business/kb-home-announces-the-grand-opening-of-two-new-communities-in-the-desirable-southtown-master/article_a4343283-2589-5e5f-b192-630402bfd9c9.html
Read More