A semi-annual survey of 5,000 home owners about their remodeling plans shows a 20 percent decline in the number of permits issued compared to the first quarter of 2008.
But RemodelorMove.com, which conducted the survey, also reports a bright spot: the number of home owners who will probably remodel in the next 12 months rose 5 percent in the first quarter of 2009.
Even though the cost to remodel has fallen an estimated 20 percent in the last year, 82 percent of respondents said price is their biggest concern and 89 percent of respondents are changing their remodeling plans because of the recession.
Source: RemodelorMove.com (06/02/2009)
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Rolando Trentini
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The Trentini Team of F.C. Tucker EMGE REALTORS® provides exceptional service to each of their clients as they help them to achieve their real estate goals. With their knowledge, experience and background, both Kathy and Rolando bring one-of-a-kind perspectives to the table during all of their real estate transactions. Their excellent communication skills combined with their passion for real estate allows The Trentini Team to follow through every time with the highest level of service possible. Rolando and Kathy are your premier Evansville and Newburgh, Indiana real estate source. They can help you buy your dream home or sell your current home for the best price possible. To learn more about what The Trentini Team can do you for you, contact us today!
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