Every quarter, we survey hundreds of professional remodelers to find out what they’re seeing on the ground in real time, with their customers and in their markets.
Building material prices have risen 23% over the last year according to production builders, in part due to a surge in remodeling driven by 3 primary conditions: rich homeowners, a few “trade-up” homes readily available, and rising mortgage rates.
Some very unique circumstances will likely cause building product companies to significantly underestimate demand this year, leading to even more shortages. The building products companies that prepare for this will take significant market share in 2022.
Three catalysts—code adoption, credibility, and competitive pressure—are driving offsite construction forward. Here are six factors that will help you decide if offsite is right for you.
Home builders in a recent survey we conducted cited windows as the biggest material shortage right now. Average lead times for windows currently range from 4–15 weeks with some window lead times extending 20–45 weeks. Prior to COVID-19, lead times were typically 2–3 weeks.
The segment begins around the 12-minute mark. Our Director of Research, Rick Palacios, Jr., spoke on Bloomberg’s What’d You Miss? earlier this week. Rick discusses the current housing demand backdrop along with how builders are dealing with rising construction costs, …
The kitchen is widely seen as the heart of a home. It is the place where families begin and end their days together and where hosts entertain their guests. If you want to know more about how this critical space …
Who knows more about changes in consumer housing preferences than The Home Depot—the 400,000+ employee, $110 billion per year home improvement retailer? In this podcast Jordan Broggi from The Home Depot shares what the company has learned from their recent …
Stay-at-home orders first generated a jump in DIY projects and are now resulting in a surge in new home purchases and remodeling projects involving contractors. . The Opportunity for New Home Design We surveyed 5,000 recent home buyers last week, …
