Friday, December 4, 2009

 

The Return Of Remodeling - Nesting Trend Means More Business for Home Improvement Companies

Home Improvement professionals were among the hardest hit people in this recession, but a new trend is starting to mean more business for this very group. That trend is called "Nesting" and its the opposite of the old Flipping trend.

From CNNMoney:

If flippers were the poster children of the real estate boom, then nesters are becoming the icons of the new housing market.

"We saw a nesting reaction after 9/11, but we're seeing a stronger nesting reaction now," said Bob Peterson, president of ABD Design/Build in Ft. Collins Colo. People who have the money are fixing up what they have."

A proportionally bigger share of the home construction dollar -- 20% more during the first three quarters of 2009 compared with the same period last year -- now goes to home improvements, according to the U.S. Census Bureau. In October, remodeling spending increased 8.7% compared with September to an annualized rate of $114 billion.

For New York General Contractors and Interior Designers, this is a very good sign indeed.

Sources:

Remodeling Activity on the Rise (CNNMoney)

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Wednesday, December 31, 2008

 

Best of the cityhammer blog 2008: October, November & December



Editor's Note: As our readership has steadily increased over this, our first year writing the cityhammer blog, we thought we'd spotlight the posts from 2008 that we are most proud of and that we feel were the most interesting. Today, we cover October, November and December of 2008.

October:

We started the month off with a prediction that "Homemade" would be a big design trend for 2009. Then we introduced cityhammer featured member Bright Home Theater and Audio, one of the top rated home theater companies in New York. We also discussed the steps to take when hiring a New York General Contractor and talked about solutions for protecting granite counter tops.

November:

We shined the spotlight on a new cityhammer member, an interior design firm that specializes in kid's bedrooms and nurseries called Charm & Whimsy. Other highlights included a massive list of all the home improvement related organizations, regulators and trade groups as well as some bathroom remodeling tips for New Yorkers.

December:

In this, the final month of 2008, the cityhammer blog offered some ideas for holiday baby proofing and child proofing, took a look at some of the top-rated exterminators in Manhattan and reminded New Yorkers how great a closet makeover could feel.


Thanks to all of our readers and visitors in 2008. We hope that we've kept you informed, entertained and interested as we blogged about home improvement and design in New York, New Jersey and Connecticut thoughout the year. On behalf of the entire cityhammer.com staff, we wish all of our members, visitors and readers a happy and healthy New Year. Come back in 2009, we'll be waiting!

-Mitch Mayer, Staff Writer

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