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BuildFax reports Jan. building and remodeling stats

Posted on March 18th, 2011 No Comments

BuildFax recently released their monthly index report on remodeling data covering building and remodeling done in January 2011.  The report shows that remodeling and building experienced another year-over-year gain in the month of January.

Home building and real estate experts believe that the 15th consecutive month year-over-year increase in remodeling activity shows that the struggling economy has led home owners to be more likely to invest in home remodels, rather than purchasing a new home.

The remodeling index for January 2011 was 22 percent higher than January 2010. ¬†BuildFax’s Vice President of Research and Development, Joe Emison, stated, “Remodeling activity traditionally dips during the winter months, however January 2011 showed surprising strength for the market and the month was better than or equal to January 2010 in every region of the country.”

If you or someone you know is considering remodeling or building a home, contact the Austin building and remodeling company, AAA Mustang Roofing, at 512-650-9866 to learn more about our remodeling and construction services.

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