Home remodeling activity continues ascension: BuildFax

BuildFax October Housing Health Report Reveals New. – The BuildFax October Housing Health Report found the rate of remodeling spend has increased substantially (16.57 percent year over year) while annual remodel volumes dipped 4.21 percent, even as new construction wavers. The report, which leverages U.S. property condition and history data to.

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Home remodeling surges 30% in 5 years | 2018-08-15. –  · Home remodeling continues to increase in frequency as more Baby Boomers are electing to age in place and even Gen Xers opt to improve their current homes rather than trading up to newer ones. In fact, home remodeling has surged by about 30% in the past five years, according to the latest report from BuildFax,

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A strong spring home purchase season could reverse the downward trends in single-family construction and remodeling activity and help deter an economic downturn, a report from BuildFax said. But for February, there was a year-over-year decline in single-family housing authorizations, maintenance volume and remodeling activity for the fourth.

Leveraging BuildFax Data for a Competitive Edge in the. – With BuildFax’s high-quality data at their fingertips, investment firms have the capability to make confident decisions on the most currently available information without questioning the veracity of their signals. Investment insights that can be pulled from BuildFax data include: Residential remodeling activity increased by 30% since 2010.

Foreclosure mess scares off homebuyers: Campbell/Inside Mortgage Finance home prices fall, but inventory levels improve Reports of foreclosure disputes are sending buyers scurrying from short sales and transactions involving reo properties, on top of cancellations and delays stemming from servicing issues. Along with a reduction in the market share of foreclosure sales, fall-off in demand among investors and buyers.

City-Level Remodeling Activity Increases in Five Major Metro. – The May BuildFax Housing Health Report (BHHR) revealed that even as economic pressures are easing on a national level, for instance moderating home prices and declining mortgage rates, the housing market is still in a slump. Year over year, single-family housing authorizations, maintenance and remodeling are down.