CAMBRIDGE -- National home-remodeling gains, which perked up this year after several years of sluggishness, are expected to continue into 2014, according to a report from the Joint Center for Housing Studies at Harvard University.

Specifically, a gradually improving housing market over the past 18 months is translating into increased spending on home improvements, according to the so-called Leading Indicator of Remodeling Activity (LIRA) released last week by the Remodeling Futures Program at the Joint Center.

The report found that remodeling contractors have been reporting improving market conditions for the past four quarters, and are seeing strength in future market indicators.

The report found that during the first quarter of 2013, $127 billion was spent nationwide on home improvements. That's up about 2.5 percent from $121.5 billion in the first quarter of 2012.

However, spending in the last quarter of this year is expected to jump to about $150.9 billion, nearly 20 percent higher than it is now, according to the Joint Center.

"Homeowners are more comfortable investing in their homes right now," said Eric Belsky, managing director of the Joint Center, in a prepared statement. "Consumer-confidence scores are back to pre-recession levels, and since recent homebuyers are traditionally the most active in the home-improvement market, the growth in sales of existing homes is providing more opportunities for these improvement projects."

The report found that the Leading Indicator of Remodeling Activity (LIRA) is projecting continued strengthening of the market through the end of this year and into the first quarter of 2014.

One of Belsky's colleagues, Kermit Baker, issued a note of caution.

"With housing starts leveling off in the second quarter and financing costs beginning to edge up, we may be seeing the beginning of more measured growth in the residential markets," said Baker, director of the Remodeling Futures Program at the Joint Center. "Given normal timing patterns, this suggests that the pace of growth for home-improvement spending should begin to moderate as we move into 2014."

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Remodeling gains forecast to continue

3515 SE 17th Place Remodeling Video Series II
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Mass Appeal Transform your home with H R Homes Remodeling
With H R Homes Remodeling, you can make your house look brand new with a few simple changes.

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The folks at Houzz conducted a survey on remodeling and relationships and uncovered some interesting stats:

"Pulling back the covers on remodeling and relationships, a new survey from Houzz reveals that while 46 percent of respondents found the remodeling and redecorating process with their significant other to be collaborative, the same amount found the experience frustrating and 12 percent admit to considering a separation or divorce mid-remodel.

Conflicting style is a major source of stress as one third of respondents do not like their significant other's design style.

76 percent shared their opinion with their significant other.

42 percent reported being stuck with items they hate but aren't allowed to get rid of yet one in five has gone ahead and removed a significant other's item without telling them. Some of the other hated items mentioned were antlers and other hunting trophies, wood paneling and old magazines.

One in five respondents have made a significant decision during the remodel process without telling their partner, from tearing down walls and picking paint colors to choosing furniture and appliances.

Four out of five survey respondents reported feeling more relaxed in their home after completing their project.

42 percent of respondents do more entertaining.

41 percent report an increase in their level of happiness with their significant other."

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Houzz survey on remodeling and relationships uncovers some interesting statistics

Published: Wednesday, July 31, 2013 at 4:06 p.m. Last Modified: Wednesday, July 31, 2013 at 4:06 p.m.

Several hundred customers, employees and guests gathered Friday at Sam's Club for a grand re-opening ceremony.

The occasion highlighted a six-month store remodeling project and 22 years of doing business in the community.

The 135,000-square-foot membership club outlet, which had its grand opening on Nov. 21, 1991, underwent an overhaul that included major upgrades to the fresh food and produce areas.

The store, open to the public but originally geared with "bulk" packaging toward small businesses, currently employs 216, said store manager Daniel Philipsen.

At least 26 employees of the original opening crew are still working there, according to a press release from a Sam's Club representative.

Ocala Marion County Chamber and Economic Partnership President and CEO Kevin Sheilley praised the outlet, a division of Wal-Mart and named after founder Sam Walton, as a "great place" for employees and part of the retail giant which, when all local stores are considered together, is the "biggest private employer in the county."

Al Dunlap, 76, and his wife, Judy, were the first customers to enter the store following the ribbon-cutting ceremony on Friday. Al Dunlap thanked the Sam's Club staff for years of service with a wide array of well-displayed products from food to office products.

"I've been coming here for about 10 years. They run a first-class organization," said Dunlap, 76, a West Point graduate, former CEO of several companies and local philanthropist.

Philipsen discussed some highlights of existing and new offering at the store.

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Sam's Club celebrates remodeling, 22 years in Ocala

PALO ALTO, Calif.--(BUSINESS WIRE)--

Remodeling a home can be an emotionally stressful experience, putting strain on even the strongest couples. Pulling back the covers on remodeling and relationships, a new survey from Houzz (www.houzz.com), the worlds leading platform for home remodeling and design, reveals that while 46 percent of respondents found the remodeling and redecorating process with their significant other to be collaborative, the same amount found the experience frustrating and 12 percent admit to considering a separation or divorce mid-remodel. In the end, theres no place like a remodeled home, with the vast majority of couples (84 percent) spending more time at home after their remodel.

Conflicting style is a major source of stress as one third of respondents do not like their significant others design style. Theyre not shy about telling their partner, either with 76 percent sharing their opinion with their significant other. But honesty doesnt help get rid of some of their partners favorite items. Forty-two percent of respondents reported being stuck with items they hate but arent allowed to get rid of yet one in five has gone ahead and removed a significant others item without telling them. Forget knickknacks, the most common item creating clashes is old furniture, followed closely by posters and artwork. Some of the other hated items mentioned were antlers and other hunting trophies, wood paneling and old magazines.

While the majority of respondents describe their process as collaborative, when couples cant agree, some partners move ahead on their own. One in five respondents have made a significant decision during the remodel process without telling their partner, from tearing down walls and picking paint colors to choosing furniture and appliances.

Despite the stress of remodeling, home really is where the heart is. Four out of five survey respondents reported feeling more relaxed in their home after completing their project. In addition, 42 percent of respondents do more entertaining and 41 percent report an increase in their level of happiness with their significant other.

"Remodeling can be a stressful time for couples, but our community tells us Houzz serves as a de facto marriage counselor, helping them fall in love all over again, only this time with their homes," said Liza Hausman, VP of Community. "Were providing tools that make the experience collaborative, fun and a whole lot less painful."

Here are a few tips for keeping the peace and even strengthening a relationship during the remodeling and decorating process:

The Remodeling & Relationships Survey is an online survey of Houzz users conducted July 2013. n=1322

About Houzz

Houzz is the leading platform for home remodeling and design, providing people with everything they need to improve their homes from start to finish - online or from a mobile device. From decorating a room to building a custom home, Houzz connects millions of homeowners, home design enthusiasts and home improvement professionals across the country and around the world. With the largest residential design database in the world and a vibrant community powered by social tools, Houzz is the easiest way for people to get the design inspiration, project advice, product information and professional reviews they need to help turn ideas into reality. For more information, visit http://www.houzz.com

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Remodeling Causes Relationship Woes: 12 Percent of Couples Admit to Considering Separation or Divorce Mid-Remodel

Terraria Let #39;s Play Ep 8: House Remodeling
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San Francisco, Ca (PRWEB) July 31, 2013

Christopher Wells Construction, a San Francisco area remodeling contractor, recently introduced its new Home Investment Package, giving homeowners who remodel their kitchens or bathrooms, a free upgrade valued up to $1,000, which can be applied to several features of the project.

Now is an optimal time to remodel a kitchen or bath in San Francisco Bay Area, said Chris Wells, a residential remodeling contractor, and owner of Christopher Wells Construction. The return on investment is exceptionally good for certain home improvement projects and when combined with the Home Investment Package, homeowners get even greater economic value. Its also a nice way to get an aesthetic enhancement for a kitchen or bath at no additional charge.

Christopher Wells Constructions three complementary remodeling improvements include: (1) a free window retrofit on a standard kitchen; (2) a replacement of standard sheet vinyl flooring with Marmoleum, a popular green product or other high-end flooring option; and (3) a tile upgrade, to give a remodeled kitchen or bath a unique look and feel.

Wells' assessment that homeowners should consider renovating their homes this year is supported by Remodeling Magazine's 2013 Cost vs. Value Report. According to the report, a major kitchen remodel in San Francisco will recoup 106.5 percent of the cost; a minor kitchen remodel will regain 128.8 percent; and a bathroom remodel will recoup 118.8 percent of its cost.

This means, homeowners get back every penny they invest and make a tidy gain, which can amount to thousands of dollars after the sale, Wells said. But for homeowners who are staying put, he added, remodeling is an intelligent move because you can take pleasure in a newly remodeled kitchen while enjoying more space and better functionality. Both practically and financially remodeling your kitchen is a winning proposition, Wells said. And interestingly, by remodeling rather than moving, you may get the new home you desire and save big in the process.

Wells is also quick to point out that the actually value of a remodeled home will increase in value after a room renovation depends on such factors as a homes location, the direction of the housing market and the scope of the remodeling project.

Yes, renovating your kitchen if you live in San Francisco is a smart financial investment, but homeowners should not be too quick to sell, Wells cautioned. You should never discount the pleasure and tremendous peace of mind that comes from renovating a kitchen or that was once falling apart or outdatedand is now beautiful to look at and functions so well.

Summarizing the benefits of the Home Investment Package, Wells described how each of the free remodeling upgrades will add value by improving overall quality, enhancing aesthetic appeal and increasing a homes net worth.

Wells pointed out that housing prices are now climbing in the San Francisco bay area, so its a good time to increase a homes value and get immediate satisfaction. For many, everything surrounding a kitchens use just feels more gratifying after they remodel it, especially if its been on someones wish list for a while.

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Save On Home Remodeling With the New Home Investment Package