Category Archives: Press Release

Remodeling Market Index Climbs Five Points, Returns to 2005 Levels

The Remodeling Market Index for the 3rd quarter of 2012

The Remodeling Market Index (RMI) climbed to 50 in the third quarter of 2012, up from 45 in the previous quarter, according to the National Association of Home Builders (NAHB). Released today, the RMI is at its highest point since the third quarter of 2005, tracking the positive trends recently seen in the rest of the housing sector.

The RMI component measuring current market conditions rose to 52 from 46 in the previous quarter, while the component measuring future indicators increased to 49 from 44.

An RMI above 50 indicates that more remodelers report market activity is higher (compared to the prior quarter) than report it is lower. The overall RMI averages ratings of current remodeling activity with indicators of future activity.

“The strength of the RMI, especially in owner-occupied properties, shows that home owners are investing in remodels as home prices stabilize,” said NAHB Remodelers Chairman George “Geep” Moore Jr., GMB, CAPS, GMR, a remodeler from Elm Grove, La. “As owners become more confident that investments in housing will hold their value, they are beginning to undertake projects to improve their comfort that they had been putting off.”

All three indicators of current market conditions improved: maintenance and repairs rose to 56 (from 50), minor additions and alterations to 51 (from 47) and major additions and alterations to 49 (from 42). Current market conditions improved or held steady in all four regions in the third quarter of 2012. Current remodeling activity was particularly strong in owner-occupied housing; the sub-components of the current conditions index for owner-occupied housing were all well over 50, ranging between 55 and 60.

Future market indicators in every region but the Northeast experienced gains from the previous quarter: Northeast, 38 (from 41); Midwest, 50 (from 46); South, 52 (from 46); and West, 52 (from 42). All indicators of future market conditions rose: calls for bids, 48 (from 44); amount of work committed for next three months, 46 (from 43); backlog of remodeling jobs, 50 (from 46); and appointments for proposals, 51 (from 43).

“The improvement in the RMI provides more evidence that the remodeling industry is making the orderly recovery from its low point in 2009 as we’ve been expecting,” said NAHB Chief Economist David Crowe. “Although remodeling projects over $25,000 are now showing some signs of strength, they are still lagging behind smaller property alterations and maintenance and repair jobs. The recovery of the remodeling market in general, and large projects in particular, continues to be constrained by factors such as tight credit and problematic appraisals.”

See more about the current RMI here: http://www.nahb.org/fileUpload_details.aspx?contentID=137354&fromGSA=1

EPA Underestimates Costs and Overestimates Benefit of Lead Rule

From our friends at the National Association of Home Builders (NAHB), some recent news about the ongoing battle for legislation to restore the homeowners’ right to opt out of costly lead based paint removal protocols:

Recently, the U.S. Environmental Protection Agency’s Inspector General reported on the findings of an investigation into the agency’s economic analysis of the Lead: Renovation, Repair and Painting (LRRP) rule. Not surprisingly, that report determined that the EPA Office of Chemical Safety and Pollution Prevention (OCSPP) underestimated the rule’s cost and overestimated its benefits.

Moreover, the EPA Inspector General found that the training manual and subsequent “certified renovator” training failed to clearly delineate which lead-safe work practices are mandated and which are simply recommendations.

For more information about what the NAHB is doing to improve the effectiveness and reduce the cost of this rule, check out this recent article on Housing Zone by Professional Remodeler.

Second Quarter RMI Dips Slightly Amid Softening Labor Market

source – NAHB.org

The second quarter results of the Remodeling Market Index (RMI) slipped under pressure from a softening labor market, according to the National Association of Home Builders (NAHB), dropping two points to 45. The downward adjustment comes after the RMI reached 48 twice in 2011, the highest reading since 2006.

The RMI is based on a quarterly survey of NAHB remodelers that asks them to rate current remodeling activity along with indicators of future activity, like calls for bids. An RMI below 50 indicates that more remodelers report market activity is lower (compared to the prior quarter) than report it is higher.

In the second quarter, the RMI component measuring current market conditions dropped to 46 from 49 in the previous quarter. The RMI component measuring future indicators of remodeling business remained unchanged at 44.

“Remodelers have some backlog of jobs and along with higher quality leads, this is making them cautiously optimistic about the near future,” said NAHB Remodelers Chairman George “Geep” Moore Jr., GMB, CAPS, GMR and owner/president of Moore-Built Construction & Restoration Inc. in Elm Grove, La. “The positive outlook is constrained by continuing credit constraints and inaccurate appraisals that make customer financing difficult for big jobs like additions and whole house remodels.”

To read the full article, visit the NAHB website.

Why Hire a “PRO”fessional Remodeler

PRO logo

Find a professional! Ask if they're a "PRO"

When planning your home remodel, choose to hire a professional for getting the job done right. Home owners can save time, aggravation, and money by hiring a professional remodeler.  And the best place to find a professional is to hire a member of the Professional Remodelers Organization (PRO) of the Home Builders Association of Metropolitan Portland.

“Professional remodelers help home owners rejuvenate their residences for beauty, efficiency, and comfort,” said Steve Klingerman, 2012 PRO Chair. “They save home owners time and money because these remodelers have years of training and home remodeling experience.”

Consider some of the qualities that make professional remodelers the best choice for your home remodel:

1.    Technical training and experience in home remodeling.
These remodelers have years of technical training and experience that cannot be equaled by do-it-yourself books or television programs. They understand a home’s structure, electrical wiring, plumbing and other details that must be considered before attempting a home remodel. Inexperience and ignorance can create costly mistakes, but professional remodelers can prevent disasters and solve unexpected problems.

2.    Ability to creatively address budget and space constraints.
Most remodelers relish the chance to employ new design solutions to reorganize and maximize space in a home. This ability to work with a home owner on their remodeling dreams within a budget is a specialty of many remodelers. They can help propose alternatives that keep the budget in check, such as providing a variety of product choices or redesigning interior space to minimize the need for building home additions.

3.    Information on tax credits and other ways to save money.
Remodelers can help you cash in on energy efficiency tax credits for saving on remodeling expenses. These credits offer money back on installing energy efficiency improvements such as new windows, doors, insulation, roofing, and more (see http://www.nahb.org/efficiencytaxcredit for more information). Remodelers may also know of additional local or state credits, rebates, and other methods of saving money on your home remodel.

4.    Commitment to excellent customer service.
A professional remodeler has solid business skills and understands that remodeling is about providing excellent customer service. These remodelers will take meetings and return phone calls to address customer concerns proactively. They prioritize customer satisfaction and take pride in their remodeling work.

5.    Professional references and work samples.
Professional remodelers are more likely to belong to trade associations (such as the National Association of Home Builders) where they benefit from education programs, acquiring knowledge and skills to better run a business and improve their home remodeling services. A remodeler in good standing can also provide references from past clients. They also can show examples of previous remodeling projects to give you a feel of the quality and style of their work.

Make the smartest investment in your home by hiring a professional remodeler. They’ll help you stay on budget, solve remodeling challenges, and provide a higher-quality service.

For more tips on planning a home remodel or hiring a professional remodeler, visit http://www.nahb.org/remodel or contact the Professional Remodelers Organization (PRO) at 503-684-1880.

Remodeling is on top!

Vanessa Brunner, Staff Writer for Houzz.com, recently polled some Professional Remodelers Organization (HBA PRO) members for insight and information about recent reporting that the remodeling industry is growing and recovering.  Read the whole story at Houzz.com to learn more about how people all over the country are responding to the changing remodeling market.

Here is and excerpt:
Home industry experts around the country grew optimistic at the recent news that the Remodeling Market Index had risen to its highest level in 5 years. According to the National Association of Home Builders, remodeling sentiment is at its highest since 2007, and should continue to increase through 2012. This shift has been a long time coming, and it can be seen in the projects on Houzz and just about everywhere else.

We spoke to builders and experts from around the country to get a glimpse of how widespread this change is and its impact on the home industry. The consensus seems clear: Remodeling is king right now, and it’s not going anywhere anytime soon.

Read the whole story here.

Advantage Contracting Portfolio  family room

The Professional Remodelers Organization welcomes Santa home to the Northwest!

PRO Santa House at Bridgeport Village 2011

Come out to Bridgeport Village to see the new Santa House built by the PROs

In case you haven’t seen it yet – the PRO Santa House at Bridgeport Village is a sight to behold and a testament to what can be accomplished through generosity and tenacity even in these difficult economic times.

The project is a truly collaborative effort of the Professional Remodelers Organization (PRO) with over 60 individuals from over 40 companies pitching in tens of thousands of dollars worth of materials and man-hours to bring this project to life.  It took months of preparation and several incredibly generous donations of time, materials, and funds from companies like Contract Furnishings Mart, Powerhouse Construction, and many more, to create a structure that can be taken apart in panels, stored on pallets in the off season and re-erected onsite… plus it had to pass the permitting process through the city of Tualatin!  With a lot of help from the members of the Professional Remodelers Organization, the Santa House is complete and open for visitors Monday through Saturday through Christmas Eve.

To find a member of the PRO to help you with your home remodeling needs visit our directory here.

Members of the Professional Remodelers Organization at the PRO Santa House build

Some of the many PRO elves that helped out with the Santa House project for Bridgeport Village

Last wall goes up on the 2011 PRO Santa House

It takes an army of PROs to set the last wall for the 2011 PRO Santa House!

The Professional Remodelers Organization wishes to recognize the following individuals and companies, without whom this project would not have been possible – thank you , thank you all:

Dan Wood, C&E Rentals
Scott Bocci, C&E Rentals
Larry Mock, Cascade Custom Remodel & Construction
Steve Pruitt, Cascade Restoration & Remodeling
Greg Wood, Cascade Restoration & Remodeling
Thomas Adams, Classic Electric, LLC
Abigail Adams, Classic Electric, LLC
Mark McGregor, Clean it Up Mark!
Steve Frazier, Contract Furnishings Mart
Thomas Payne, Craftsman Homes Group LLC
Sonja Bell, Custom Stone Creations
Theresa Springer, Directors Mortgage
Scott Dual, Dual Purpose Construction
Chris Barry, Energy Trust of Oregon
Michael Pender, Fisher Roofing
Tom & Alejandro, Fisher Roofing
Andrew Morphis, Green Hammer Inc
Linda Blackwood, Interiors by Blackwood, LLC
Andy Stember, JAS Engineering
Luke Morley, Lakeside Lumber
Anthony Scales, Milgard Windows – Portland
Tim Doolittle, Miller Paint
Patrick Richardson, Murrayhill Remodeling Co.
Lee Zajic, N.W. Renovations & Design Co.
Kellie Hainline, National Builders Hardware
Dave Szyplinski, National Builders Hardware
Patty Davis, Natural Stone Designs, Inc.
Tom White, North West Framing Inc.
Sean Alexander, North West Framing Inc.
Nancy Cranston, PARR Lumber Company
Scott Coffey, PARR Lumber Company
Robin McKnight, Powerhouse Construction, Inc.
Justan Proulx, Powerhouse Construction, Inc.
Nate Seiler, Powerhouse Construction, Inc.
Michael Barnum, Powerhouse Construction, Inc.
Nate Bond, ProBuild
Ed Becker, ProBuild
Todd Hertner, Rebuild LLC
Gordon Root, Root Holdings, LLC
Nate McNeely, Sherwin-Williams Co.
Jamie Laird, Sherwin-Williams Co.
Nancy Long, Sisu Painting, Inc.
Cylina Sanchez, Sisu Painting, Inc.
Frank Sanchez, Sisu Painting, Inc.
Roger Fernandez, Sisu Painting, Inc.
Dale Bell, Sky Heating & Air Conditioning
Steve Stolze, SLS Remodel and Additions
Tim Nielsen, Southgate Wallboard
Mitch Stanley, Stanley Renovation & Design, Inc.
Dave Silvey, Suburban Door Company Inc.
Dean Wescott, Suburban Door Company Inc.
Steve Klingerman, T.H.E. Remodel Group
John Scott, T.H.E. Remodel Group
Dave Parker, The Cronin Company
Rob Novak, The Cronin Company
Inspector Bill King and all of the Tualatin Building Officials
Linda Beymer, W.B. Adams Co.
Wayne Randall, Wayne S. Randall Construction
Jake Randall, Wayne S. Randall Construction
Moe Salem, Westside Drywall & Insulation
Louise Farrar-Wegener, Z-3 Design Studio Inc.
And so many individual members of the Professional Remodelers Organization, Building Green Council and Home Builders Association of Metro Portland who took the time to make calls or give of their time and resources in a myriad of ways to ensure the success of this project.

Thank you and Happy Holidays from the Professional Remodelers Organization.

And the winners are…

Celebrating the Excellence All Around Us

In the hustle and bustle of our everyday grind, it’s sometimes easy to forget that we should take a step back and marvel at the skill, beauty, and creativity involved in our craft.  It is not often enough that we celebrate ourselves and those around us for the true craftsmanship that is exhibited in our community by members of the Professional Remodelers Organization.  On June 8th we took a moment to celebrate the wealth of quality and innovation in our PRO community of Professional Remodelers and Designers.

Nearly 200 home building professionals gathered for the Home Builders Association of Metropolitan Portland’s sixth annual Excellence Awards Banquet, which recognizes the outstanding work of local companies across a variety of marketing, green building, remodeling, and residential building categories.

This year, the Home Builders Association presented 28 awards to 21 different companies.  Of those awards, 12 Remodeling Excellence Awards were presented; 9 for excellence in remodeling and 3 for excellence in design. Winners were selected by a panel of industry professionals who rated each project based on its aesthetics, general design, budgetary considerations, and challenges and obstacles faced.

“The annual Excellence Awards competition is a testament to the undying spirit of the remodeling and building industry in our community,” said HBA President Karl Finkelnburg. “Despite very difficult economic conditions, these professionals continue to pour their hearts and souls into their work and to produce the highest-caliber projects. All things considered, it is a great time to purchase a new home or revamp an existing home. I applaud the individuals who lead our association and industry through their efforts and commitment to excellence.”

REMODELING EXCELLENCE AWARDS

Residential Bath Design – The Urban Realm, Inc.

Residential Kitchen Design – Paolo Design Group

Residential Whole House Design – Paolo Design Group

Bathroom Remodel – Neil Kelly Design/Build Remodeling

Kitchen Remodel under $100,000 – Metke Remodeling & Woodworking Inc.

Kitchen Remodel $100,000 and above – Cascade Restoration & Remodeling

Master Suite Remodel – Neil Kelly Design/Build Remodeling

Open Category – Craftsman Design and Renovation

Exterior/Outdoor Living/Deck Remodel – Stanley Renovation & Design, Inc.

Whole House Remodel under $250,000 – Neil Kelly Design/Build Remodeling

Whole House Remodel $250,000-$375,000 – NW Renovations and Design Co.

Whole House Remodel $375,000-$500,000 – Cascade Restoration and Remodeling

The awards program was sponsored by ProBuild, Energy Trust of Oregon, Contract Furnishings Mart & Ansonylon, The Oregonian, and OregonLive.com.

Excellence awards were also presented in the categories of Green Building, Marketing, and Residential Building.  For more information about the Excellence Awards or other HBA or PRO programs, go to www.hbapdx.org.

The Professional Remodelers Organization of the Home Builders Association of Metropolitan Portland is dedicated to facilitating expert remodeling choices to all residents in the greater Portland area.  PRO partners with related industry professionals creating an environment which enables members to effectively and knowledgeably meet the needs of their clients and employees.