ReNews -- Remodelors Council News - 07/28/2009 (Plain Text Version)

Greg Miedema, CGR, CGB, CAPS
NAHB Remodelers Chair
Tucson, Ariz.

View Graphical Version | Subscribe to NAHB Publications | Email our Editor...
NAHB Home Page| Browse other NAHB e-publications |Search back issues

In this issue:
Apply for NAHB Remodelers Awards Before Aug. 7
Know the Basics When Getting Into Green Remodeling
EPA Warns Remodelers About Vermiculite Insulation
I-9 Audit Notices Issued at Record Pace
Join NAHB Remodelers' LinkedIn Group!
EPA Releases Initial List of Lead Paint Trainers
Members, Listen Free to Audio Seminar Recording on Lead Paint
The Appraisal Industry In a Nutshell
NAHBR at The Remodeling Show in Indianapolis
CAPS, CGR and CGP Courses Offered at The Remodeling Show
Fall Board Registration Now Open
NAHB Committee, Council Appointment Process Underway
Sign Up to Participate in the Remodeling Market Index Survey
Online Registration and Housing for 2010 Builders' Show Opens Aug. 3
Save Big on Summer Essentials at Omaha Steaks
Members, Save Up to 29% on FedEx Shipping Services
Sign Up for Solveras Check Card Processing at 1.39% by July 31
Save More With Hertz Off-Airport Locations
Members Can Save 10% on Vacation Rentals Worldwide
Thank You to Our Sponsors!

Sign Up to Participate in the Remodeling Market Index Survey

Since the mid-1980s, NAHB’s Economics Department has conducted a monthly survey of builders in order to monitor housing market conditions on a timely basis. Modeled after the Housing Market Index for new single-family homes, NAHB created the Remodeling Market Index (RMI) in 2001 to track the remodeling market and monitor trends. NAHB’s RMI is the only measure of remodeling based on surveys of producers, and our index is becoming a standard for the industry.

The survey creates two indices to describe the remodeling market – the Current Market Conditions index and the Future Expectations index. Both indices encompass ratings for owner as well as rental-occupied housing. The current Remodeling Market Index is based on remodelers’ responses to: the market demand for remodeling at the present time compared to three months earliers (higher, about the same or lower) for major additions and alterations ($25,000 or more), minor additions and alterations (less than $25,000), and maintenance and repairs. The future expectations index is based on responses to: recent volume of calls for bids, the amount of work committed for the next three months (higher, about the same or lower), the backlog of remodeling jobs, and the number of proposals at this time compared to three months earlier.

A survey of a panel of remodelers on a regular basis also gives NAHB the opportunity to collect information about various remodeling subjects, through the inclusion of special questions, which provides useful information to about the remodeling industry and the NAHB membership.

Sign up to participate in the quarterly RMI survey panel by contacting Rose Quint at 800-368-5242 x8527 or via e-mail at rquint@nahb.com.