Tag Archives: More Home Owners are Calling Remodelers

As home prices rise, remodelers are feeling optimistic about the home improvement market, the National Association of Home Builders reports. The second quarter Remodeling Market Index (RMI) rose six points to 55. An RMI above 50 indicates that more remodelers are reporting higher market activity, according to NAHB. “Remodelers’ positive sentiment is directly related to increased demand for their services,” said NAHB Chief Economist David Crowe. “Rising home prices are making remodeling jobs possible for more home owners while existing home sales provide additional momentum as home owners prepare their […]