05 July 2011
The Time is Now

I just read an interesting article saying it is a good time to buy a home. (http://www.builderonline.com/builder-pulse/the-time-to-buy-is-now.aspx?cid=NWBD110705002) It got me thinking about the building sector and especially the remodeling sector of this industry. New single-family home construction has been at historical lows for several years now, but many people don’t know that the retrofit or remodeling sector declined before new construction and has yet to recover. Many companies servicing the retrofit market have gone out of business, and most if not all have cut back significantly if they were able to survive. Only the best, most professional firms have come through this recession so the best most reputable professionals are who are left. The industry is finally seeing some resurgence in business, albeit very slow to take hold.

Since the two sectors are closely related, the article on it being a very good time to decide to take the plunge and buy a new home is great news to the remodeling sector too. Many people who are thinking of buying a new home first fix up their current residence to make it more attractive for a sale. The other side of that equation is the people buying the used home tend to want to fix it up, normally within the first year of the purchase. So if new home sales start to trend up, which many forecasters are predicting, then retrofit will not be far behind in this upward trend.

If you are considering the purchase of new highly energy efficient or high security vinyl windows for your home, now is a great time. Prices are at record lows, and home improvement specialists are hungry for more business, so deals and extras are often extended to prospective purchasers. So if you are interested, it is a great time to go ahead and get some proposals on new beautiful windows that do offer added value and comfort to your home.

Posted by wgorell at 11:51 AM | Link | 0 Comments

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