Latest stories

  • solar-panel

    Solar industry grows 45% in 2013

    This past December, we published an article explaining the overall growth we observed within the solar industry. A quarter removed from 2013, we’ll take a look back at how solar installation performed in 2013. In 2013, we observed that the total number permits issued for solar projects, increased by 45% over the previous year. Nearly [...]

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  • comparison

    Atlanta construction on the rise

    Earlier this week, we reported that over the past three years, the city of Atlanta was one of the fastest growing local construction markets.  Today, we’re providing more details specific to Atlanta, based on our analysis of public building permit records. Overall, Atlanta construction has been steadily growing since hitting a 10-year low in 2009. [...]

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  • declining-construction-activity

    Fastest growing construction markets in the US

    In February, we showed how the construction industry has experienced steady growth over the past several years.  To better understand where the market growth was happening, we drilled down to the city/county level to filter out the areas that have been consistently growing over the past three years. Here are the top ten: Several of [...]

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  • commercial-vs-residential

    Construction activity declines 6% in February

    The total number of building permits issued across the US in February 2014, represented a month-over-month decline of 6% after accounting for seasonal variability. The month-over-month decline was consistent between the commercial and residential sectors of the market. Drilling down, we see that many of the cities experiencing gains in February 2014 were in warmer [...]

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  • 2014-02-25-rentversusconstruction

    What San Francisco can learn from Seattle when it comes to affordable housing

    The accessibility of housing in San Francisco has been an issue gaining steam over the past several years. Last December, Mayor Ed Lee announced an executive directive ordering relevant city departments to prioritize the permitting of new housing construction, including permanently affordable housing. In the ensuing coverage, frequent references were made to the situation in [...]

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  • contractors-per-capita

    Contractors per capita in major US cities

    In February, Michelle Obama announced more than 100 companies in the construction industry committed to hiring over 100,000 veterans in the next five years.  To help understand where the US has the greatest need for contractors, we began investigating areas with the greatest supply/demand imbalances. To better understand supply, we calculated contracting businesses per capita [...]

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  • active-trades

    San Francisco Remodeling and Construction Industry: 2013 Review

    Highlights  Overall, San Francisco experienced 1.2% annual growth in the number of building permits issued.1 The San Francisco remodeling and construction activity underperformed in 2013 as compared with the rest of the US. There was a 34% year-over-year decline in the cumulative project value for permits issued in 2013, strongly influenced by a drop in [...]

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  • commercial-gain-decline

    Remodeling and Construction Industry Snapshot: January 2014

    Highlights  Commercial activity declined 1% and residential activity declined 10% from December 2013 to January 2014. Nationally, gains in warm weather regions were offset by declines in areas impacted by winter weather conditions. Residential activity  In January, the total number of residential permits issued, declined 10% over the previous month after accounting for seasonal variability. [...]

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  • residential-index

    Remodeling and construction industry continues to grow in 2013

    Highlights The combined residential/commercial remodeling and construction industry grew 9.3% from 2012 to 2013.  Growth within the residential sector was more pronounced (10.5%) than the commercial sector (6.4%). We forecast that total commercial expenditures in 2014 will increase between 7-8%. Overview To better understand how the remodeling & construction industry performed in 2013, we compared [...]

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  • remodeling-home-values

    The relationship between real estate prices and remodeling activity

    In a recent article by Ken Harney (Washington Post Writers Group) on the rebound in home equity markets, he discussed a study by CoreLogic, which estimated that around 791k homes moved from negative to positive equity during the third quarter of 2012.   Harney cites several ways that home equity can grow: You lower your [...]

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  • k2-contracting-inc-1247

    Is remodeling a financial investment or a lifestyle decision?

    With the real estate market still on the rebound, many homeowners are turning to renovations and remodels on their current homes, rather than purchasing new ones.  Their reasons for doing so vary, with some thinking of it as a financial investment; a way to increase the value of their home to boost the potential for [...]

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  • Photo courtesy of PPG education

    How Low-E Glass and Low-E coating can increase energy efficiency

    As the official start of winter approaches, homeowners are looking for ways to save money on their energy bill. This means finding ways to keep the warm air inside of the house and the cool air on the outside. One way to increase energy efficiency is through the use of Low-E glass windows or window [...]

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Remodeling Guides

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Hiring a contractor

Learn how to choose wisely when it comes to the fate of your most valued investment - your home.  Full guide
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Meeting your contractor

The most important thing to accomplish during a walkthrough is to determine whether or not you trust the contractor you are about to hire.  Full guide
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The Remodeling Contract

Many of the problems that arise during a project, can be avoided at the outset by making sure you have a solid contract in place.  Full guide