KIRO Radio's Tom Kelly digs deep into the Puget Sound real estate market
Real Estate

Remodelers busy as home prices rise

As home prices rise, remodelers are feeling optimistic about the home improvement market, the National Association of Home Builders reported.

"Not only do remodelers have projects booked for the next few months, but they also have more work coming in the door," said Bill Shaw, NAHB remodelers' chairman.

The second quarter Remodeling Market Index (RMI) rose six points to 55. An RMI above 50 indicates that more remodelers are reporting higher market activity, according to NAHB.

"Rising home prices are making remodeling jobs possible for more homeowners while existing home sales provide additional momentum as owners prepare their homes for market," said David Crowe, NAHB chief economist.

Top Stories

  • Does This Make Sense?
    Jason Rantz questions Inslee's plan to fund transportation with carbon pollution tax

  • Big Release
    Michael Medved takes a look at whether the latest Hobbit film is worth your interest

  • Holiday Map
    Find holiday events, Santa photo opportunities, and light displays
ATTENTION COMMENTERS: We've changed our comments, but want to keep you in the conversation.
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.
comments powered by Disqus
Listen to the show
Hear Real Estate Today on KIRO Radio
Join Tom Kelly every Sunday at 9am on KIRO Radio to talk Puget Sound real estate.

Sign up for breaking news e-mail alerts from MyNorthwest.com
In the community
Do you know an exceptional citizen who has impacted and inspired others?
KIRO Radio and WSECU would like to recognize six oustanding citizens this year. Nominate them to be recognized and to receive a $2,000 charitable grant.