Latest Housing Trends Q3 2014

The latest data has revealed 74% of respondents rated the current state of the remodeling market to excellent or good and 20% stating it was fair. The good news is that only 6% rated it poor. The horrible choice which was up to a high of 10% in 2011 was absent.

Trends in Kitchen remodeling projects show that changes in floor plan lead the way, followed closely by updating of cabinets and appliances. This speaks well of consumer confidence as floor plan changes are the most expensive type of kitchen remodel, next to additions which expand the kitchen footprint.

Bathroom remodeling saw furniture style vanities topping the trends, at 60%followed by his and hers vanities, 55%, and super showers, and customized storage at 46%. The note here is the top trend furniture style vanities in a non essential and non functional luxury feature which again speaks to consumer confidence.

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