Boomers Are Ready to Remodel

Check out this excerpt from a recent post by Hallie Busta at Custom Home 2012, a Hanley Wood publication:

As analysts talk of home prices hitting bottom, and as an increasingly disproportionate number of home-owning seniors look to sell and downsize, first-time buyers may begin to scoop up these properties. But industry experts agree that for the time being, seniors outnumber young, mortgage-worthy buyers, pushing the latter to hold back. The report notes that by 2030, baby boomers will have added 30 million people to the senior population, at which point the segment will account for 20 percent of the overall U.S. population, with two-thirds of this group being older than 85 years. Nate Berg writes for The Atlantic Citiesthat with 10,000 individuals in the U.S. turning 65 years old daily through 2020, where and how these seniors live will be important for monitoring shelter opportunities available to aging populations. The fact that the Echo cohort at best could add 18.8 million households on top of a 6.7 million household gain from other generational groups by 2020, according to the report, means the ball is in the remodelers’ court.

Rolf Pendall, the study’s co-author and director of the Metropolitan Housing & Communities Policy Center at the Urban Institute in Washington, D.C., says demand to match the caliber of senior-owned homes entering the market isn’t likely to pick up for another five to eight years. Meanwhile, seniors are turning to remodeling and retrofitting to make their homes compatible spaces for aging in place—a trend that represents a significant shift from the group’s historical impact on new construction, he says.

Check out the rest of this report here.

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Why Hire a “PRO”fessional Remodeler

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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.

LEAD legislation needs your support!

Our friends at NAHB Remodelers, our national affiliate, have provided a simple and convenient way to show your support for  the newly proposed S. 2148, the Lead Exposure Reduction Amendments Act of 2012

On March 1, 2012 Senator James Inhofe (R-OK) introduced S. 2148, the Lead Exposure Reduction Amendments Act of 2012.  This piece of legislation improves the Lead: Renovation, Repair, and Painting rule (RRP) which has hampered the home building industry with burdensome compliance costs. 

The Environment Protection Agency (EPA) finalized the RRP rule establishing new requirements for contractors and remodelers working in homes built before 1978.  The rule prescribes a series of work practices and contractor certification requirements as a way to address impacts associated with the disturbance of lead-painted surfaces in older housing.  Specifically designed to address potential lead exposures to children under six years of age and pregnant women, the RRP rule requires contractors and remodelers working in older homes to obtain certification from the EPA. 

This legislation will restore the “Opt-Out Provision” from the RRP rule which allowed homeowners without children under six or pregnant women residing in the home to allow their contractor to forego the use of lead-safe work practices.  By restoring the “opt-out provision”, it will eliminate unnecessary regulations and compliance costs estimated at $508 million a year.

Read more here.

Urge your Senators to support this legislation here.

2012 Tour of Remodeled Homes: Portland Remodel

Please join Portland Remodel (House 11) at the 2012 Tour of Remodeled Homes!

2012 Tour of Remodeled Homes: Metke Remodeling and Woodworking

Please join Metke Remodeling and Woodworking (House 8) at the 2012 Tour of Remodeled Homes!

NAHB Endorsed Legislation Introduced to Reduce Lead Regulatory Burden

This just in from the National Association of Home Builders in Washington D.C.:

Responding to concerns from NAHB Remodelers and affiliated trade groups, Sen. James Inhofe (R-Okla.) on March 1 introduced S. 2148, the Lead Exposure Reduction Amendments Act of 2012,  to improve the lead paint rule for remodelers who must comply with the costly work practices and record keeping requirements of the rule.

The Environmental Protection Agency’s  Lead: Renovation, Repair, and Painting (LRRP) rule, which took effect on April 22, 2010, requires that remodelers and contractors working in homes built before 1978 be trained and certified by the EPA on lead-safe work practices before they can legally work in those homes.

The bill was introduced with five original co-sponsors: Sens. Chuck Grassley (R-Iowa), David Vitter (R-La.), Tom Coburn (R-Okla.), Roy Blunt (R-Mo.), and Mike Enzi (R-Wyo.).

NAHB is urging its members to contact their senators and call on them to co-sponsor the Inhofe bill. The association is also seeking the introduction of companion legislation in the House of Representatives.

The Lead Exposure Reduction Amendments Act of 2012 would:

  • Reinstate the opt-out provision to allow home owners without small children or pregnant women residing in them to decide whether to require LRRP compliance, not the government.
  • Suspend the LRRP if EPA does not approve a commercially available test kit that meets the regulation’s requirements.
  • Allow remodelers the “right to cure” paperwork errors found during an inspection.
  • Eliminate the “hands on” recertification training requirements.
  • Prohibit EPA from expanding the LRRP to commercial and public buildings until at least one year after the agency conducts a study demonstrating the need for such an action.
  • Clarify the definition of “abatement” to specifically exclude remodeling and renovation activities.
  • Provide an exemption to the regulation for emergency renovations

Read the full story here.

2012 Tour of Remodeled Homes: Cascade Restoration and Remodeling

Please join Cascade Restoration and Remodeling (House 7) at the 2012 Tour of Remodeled Homes!