Home Remodeling Index Points To Top Home Design Trends For 2013

HAHB's Home Remodeling Market Index (RMI) released news of reaching the highest levels since quarter one of 2004, bolstered by increasing home remodeling project levels due to heightened consumer demand. Destiny Homes, a Minneapolis luxury home builder comments on the RMI and the top home design trends for 2013.

Minneapolis, Minnesota (PRWEB) January 28, 2013

This is the highest Remodeling Market Index reading since the Q1 in 2004. An RMI above 50 indicates that more home remodelers report market activity is higher over home remodelers that report it is lower. The overall RMI averages ratings of the current U.S. remodeling industry with indicators of future remodeling levels. The good news is sparking homeowner interest to implement home design trends for 2013 and increase spending on home remodeling.

Destiny Homes owner Butch Sprenger says,"Minneapolis home remodelers doing quality work are the home builders in high demand. Twin Cities homeowner wealth in high-dollar ZIP codes is being invested in the owners home value with luxury remodeling using quality materials, including new construction on highly sought after lots."

Future housing market indicators increased from 49 in the previous quarter to well over 50, coming in at 56. Current housing market conditions also showed improvement, rising from 52 in the previous quarter to 54. Home remodelers indicated that activity was particularly strong in residential construction of owner-occupied properties, rating all categories of remodeling in owner-occupied homes 56 or better.

Destiny Homes find Minneapolis homeowner requests for remodeling projects include:

1) Stylish Luxury Kitchens - Kitchen remodels remain at the top of the cost versus value list for home remodel projects. A "middle ground" design between traditional and contemporary has become more popular.

2) Media and Theater Rooms - Home designs trends are centering around daily functions and use over the more formal feel media rooms of the past.

3) Themed Designs - After years of standard function design, themed decorating is more personal and fun. Homeowners increasingly are design decisions are based on personal lifestyles and less on media predictions and purely trend hype

4) Simpler Designs With A Lighter Style - As many baby boomers settle comfortably into smaller homes, living spaces call for scaled-back pieces and better illumination that makes rooms look larger.

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Home Remodeling Index Points To Top Home Design Trends For 2013