article thumbnail

Remodeling Sector Expected to See Slow but Steady Progress in 2023

Pro Builder

The remodeling sector is expected to experience steady growth in 2023, but at a slower pace than in 2022. Continued material shortages and higher interest rates aren’t just discouraging prospective clients from taking on new projects, they’re also making it more difficult for remodelers to complete existing projects and tackle backlogs.

article thumbnail

Building Material Demand Expected to Dip In 2023 as Remodelers Catch Up With Backlogs

Pro Builder

Building Material Demand Expected to Dip In 2023 as Remodelers Catch Up With Backlogs. The remodeling sector reported strong growth in 2022, but as more remodelers catch up with lengthy backlogs, demand for building materials is expected to fall in the year ahead. Remodeling. Remodeling. Mon, 09/12/2022 - 10:26.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Set And Manage Remodeling Client Expectations Without Hiring More People

Contractor Bookkeeping

For instance, when a homeowner decides to remodel their living space, they dream about how it will look and feel when it is done, but they have no idea what an emotional roller coaster is in store. The bad news is that homeowners won't wait around forever for you to fix your time management issues.

article thumbnail

Waning Buyer Demand Is Taking a Toll on the Fix-And-Flip Market

Pro Builder

“The ideal environment for fix-and-flip investors is a market with high demand, low inventory, rapidly rising prices, and affordable financing,” says Rick Sharga, ATTOM’s vice president of market intelligence. Flippers also benefit when there are lots of foreclosures, short sales, and other cheap properties they can remodel and resell.

article thumbnail

Questions Commercial Buyers Should Ask When Shopping for a New Building

Wolgast Corporation

These are very important and would save money in the event of a remodel or expansion in the future. A remodel project could face discrepancies without it. Both of these would add to a remodel budget if chosen as your building. What are the financing options? Your Architect can create As Built drawings for a fee.

article thumbnail

Storage Units: Are They Worth Buying Or Building?

Construction Marketing

To Serve As Extra Storage During Remodeling Projects . Storage units come in handy during remodeling processes. It’s quite difficult to obtain financing when building for business purposes. But by acquiring a storage unit, they know for sure that their belongings will be secure until their return. .

article thumbnail

10 reasons to choose Custom Home Builders in Charlotte

Construction Marketing

You may also build the home in phases depending on your finances. No need for remodeling. Research shows that many of the remodeled home projects are not for custom made homes. Custom built home is more affordable because there are fewer upfront payments to acquire a home, or low costs for remodeling and repairing an old home.

Charlotte 120