| Send2Press.com • Today is Monday, February 13, 2012 | A Member of the Neotrope News Network |  |
|
|
NEWS ARCHIVES : U.S. and World News :
Business :
Reports and Studies
News
|
Press Release:
24-Percent Drop in Residential Remodels Forecast for Spring 2009
SUNNYVALE, Calif., Jan. 21 (SEND2PRESS NEWSWIRE) -- The spring 2009 RemodelorMove.com Remodeling Sentiment Report, a semi-annual survey of 5,000 U.S. homeowners, reveals that four times as many homeowners answered "probably not" when asked if they will remodel this year, as compared to the 2007 survey.In this most recent survey, 68 percent of participating homeowners reported that they probably would remodel this year, down from 84 percent in the fall 2008 report and 92 percent in 2007. The economy clearly is the reason why. Three times more homeowners than two years ago state that the economy is affecting their remodeling plans greatly, and 82 percent report that the cost of the remodel is a major concern. Past reports are available at RemodelorMove.com/survey_reports.cfm. On the bright side, homeowners who choose to remodel their homes may find this is a good time; with new home construction at low levels, more materials and labor are available for remodeling than several years ago, resulting in shorter project schedules and often lower project costs. Other findings from the spring 2009 RemodelorMove.com Remodeling Sentiment Report: * Homeowners are o Excited about remodeling - 52 percent o Dreading remodeling - 12 percent o Planning to hire a general contractor - 65 percent * Homeowners' plans include o Kitchen remodel - 52 percent o Bathroom addition - 55 percent o Bathroom remodel - 45 percent o Addition of one or more bedrooms or den - 35 percent o Enlarge or add a garage - 19 percent o Finish a basement - 13 percent Do It Yourself interest among homeowners remains strong as they try to lower the cost of their remodeling project o 67 percent plan to do some work themselves o 54 percent plan to develop the design themselves o 35 percent do not plan to hire a general contractor but will manage the project themselves. In this report, cost is the concern reported most frequently by homeowners. Other common concerns voiced by homeowners include finding a trustworthy contractor and deciding what work should be done to their home. Interviews with report authors, regional reports, and past reports are available by contacting reports@RemodelorMove.com or phoning 888-825-4169.
NEWS SOURCE: ABCD Publishing LLC
Send2Press® is the originating wire service for this story. Terms of Use. © ABCD Publishing LLC. All trademarks acknowledged.
THE CONTENT OF THE ABOVE PRESS RELEASE WAS PROVIDED BY THE NEWS SOURCE (ABCD Publishing LLC), WHO IS SOLELY RESPONSIBLE FOR ITS ACCURACY. FOR QUESTIONS ABOUT THIS STORY CONTACT THE NEWS SOURCE AND NOT THIS WEBSITE.
Journalist Resources:
Download original press release as issued including media contact information for ABCD Publishing LLC.
Additional News Releases on Similar Topics:
|
Subscribe to Send2Press®
Daily News Releases by E-Mail
Follow Send2Press on Social Sites: 
Additional News from
ABCD Publishing LLC : » A Double-Dip Predicted for Home Remodeling » Dwindling Home Equity Forces Homeowners to Examine Options » Industry Report Reveals Home Remodeling Projects Shrink as Homeowners Worry; But News Is Not All Bad » 13 Percent Increase in U.S. Homeowners Who Say They Will Remodel in 2010 » U.S. Home Remodeling Recovery Began in Second Quarter 2009
|
||||||||||||||||||||||||||
View our news channels by industry topics, by U.S. States, or by selected U.S. Cities:
|
Terms of Use and License
This "article format" version of the issued press release is Copr. © 1983-2012 Neotrope/Send2Press. You may freely link to this article version of the press release or may use the release text as the basis for an original article or news posting. If the content is copied verbatim via a scraping or copy/paste method, the news item must be properly "attributed" to Send2Press® Newswire as the originating wire service for this story (may not be posted on ANY site selling/offering SEO or PR services, newswire services, or adult content!). |
DISCLAIMER: the above press release content is believed accurate but not guaranteed, and is based on business news supplied by the source. The noted source is solely responsible for its accuracy. Financial/Stock news may contain forward looking statements. Neotrope/Send2Press (this website) makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news and profiles are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope® or Send2Press. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article. All trademarks acknowledged.
REFERENCES: 24-Percent Drop in Residential Remodels Forecast for Spring 2009, Remodeling Sentiment Report, remodel or move, ABCD Publishing LLC, homeowner survey, new home construction, hire a general contractor, homeowners, remodelormove, build, homes, report, press release, Jan 21, 2009. |
|
THIS PAGE MEDIA READS (by media and public, as of today): 2777 times (2 today, 3 this week, 11 this month, 33 this year)
Site Design and Content is Copr. © 1983 - 2011 Neotrope® - All rights reserved. Send2Press® is a reg. trademark and service mark of NEOTROPE.
Press Release Writing | About Send2Press | Meet Our Staff | Contact Us | Our Services | Help Desk | Legal | Privacy | How-To Articles | RSS Feeds | Journalist Tools | Client eMediaKits | Headline Feeds | Podcast | PR News Channels | Daily News Desk | Success Stories | PRTRax™ Reader Tracking | Targeted News Distribution | Internet Marketing Services | Order PR Services | Terms of Service (TOS)