Home remodeling activity continues ascension: BuildFax

AUSTIN, TEXAS-With millions of Americans either unable to secure a mortgage or having to remain in their current home because they cannot sell the property, remodeling activity continues to soar. BuildFax unveiled its Remodeling Index (BFRI) for July 2011 and it shows that remodeling activity reached a record high during the month.

House Flip with Crazy Floor Plan after the Remodel Bought 11/9/18 Home remodeling activity continues ascension: BuildFax Home prices expected to remain positive in 2013 foreclosure delays beginning to wear off: RealtyTrac Foreclosure filings in July dropped to their lowest level since November 2007, due to processing delays and foreclosure prevention measures

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In Colorado Springs nearly 15% of homes were remodeled last year, and 12% in Orlando!”. we expect residential remodeling to continue at the same pace.”. In its ascent on our list, we see significant renovation activity.

According to the BuildFax Remodeling Index (BFRI) for August 2011, remodeling activity reached a record high during the month. BuildFax also released data today showing, based on its national footprint of permit data, an estimate of over 3.3 million residential remodeling projects will be permitted in 2011.

 · Remodeling Reaches Record Levels In June Even as the economy continues to struggle and home sales sag, the remodeling industry continued to be a bright spot in June, according to BuildFax, which tracks building, remodeling and repair data on more than 70 million homes nationwide. The BuildFax Remodeling Index shows that June 2011 became the.

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Residential remodels authorized by building permits rose 15% in July to 3,144,000 from the year-ago figure of 2,725,000, according to real estate data provider BuildFax.. The rate is 6% above the.

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City-Level Remodeling Activity Increases in Five Major Metro Areas, Amid. for instance moderating home prices and declining mortgage rates, the housing. of decreases, while single-family housing authorizations continued to decline.