 |
 |
||||||
 |
 |
 |
 |
 |
 |
 |
|
|
|||||||
|
Research:
Remodeling
Since 1995, the Joint Center has been conducting a comprehensive study of the factors influencing the growth and changing characteristics of housing renovation and repair activity in the United States. With remodeling activity approaching the level of new home construction, it also represents a critical investment in maintaining the nation's housing stock. The study has produced five major reports, Improving America's Housing, Remodeling Homes for Changing Households, Measuring the Benefits of Home Remodeling,The Changing Structure of the Home Remodeling Industry, and Foundations for Future Growth in the Remodeling Industry. The current phase of the study examines: • Variations in remodeling activity across metropolitan areas and neighborhoods and how to address the need for more home improvement in declining areas. • Financing of home improvement activity and whether access to financing influences levels of remodeling activity. • Remodeling by minority households: levels of home improvement activity, expenditure levels, and types of improvements undertaken. In addition, the Center releases the Leading Indicator for Remodeling Activity (LIRA) quarterly. The LIRA is a new initiative from the Remodeling Futures Program to estimate current and future national homeowner remodeling activity with a horizon of three quarters. The Remodeling Study receives support from a broad-based consortium of organizations and building industry corporations.
Research Categories: Community
Development
|