Memories of the financial collapse of 2008 and the subsequent Great Recession remain vivid, and for most people housing was the root cause. For this reason, as well as RoMac Building Supply’s reputation for providing information on the commodity and construction markets, I am asked daily about the status of the housing market.
With the escalating prices in housing, more homeowners are choosing to remodel or add rooms to their existing home, because the numbers just don’t work. While it’s true that homeowners may make more money on selling their existing home, good luck in finding an affordable replacement with all the amenities you desire. Higher priced homes are losing their bells and whistles every day as builders try to find ways to cut costs.
With spring having officially begun, many eager homeowners and landscape professionals across the country will roll up their sleeves and reach for their shovels to start projects that require digging this season.
In the 1970s and 1980s, vinyl and aluminum re-siding scams were prevalent throughout the country. Many older homes during that time were built utilizing wood sidings, which after several decades were weathered, rotting and in desperate need of painting.