Home stores are seeing it - builders are feeling it. Buyers are no longer rushing into the housing market with the intent of flipping houses for a quick profit. Without this rush to remodel houses with the intent to reselling, there's no more abundance of quick remodeling projects which incorporate minimal colors, quality and cost. Instead there are many fewer remodeling projects, however the remodeling which is occurring is including much more personalization and taking advantage of the discounts the current economic crises offers.
The recent decline in housing prices has changed the approach homeowners are taking towards home improvements. During the housing boom homeowners would make improvements to homes with the resale value in mind, many actually making substantial profits by flipping their homes. Although homeowners were making money, or seeing their houses appreciate substantially, they weren't remodeling to suite their own needs and tastes. Their homes became investments rather than a home to live in and enjoy; as such, remodeling projects were very neutral in colors and style.
Now remodeling companies and resellers are seeing a trend towards nesting. This is seen as customers are steering away from low priced neutral colors and through the addition of small touches of luxury to their remodeling projects. The industry is seeing more remodeling projects which are now including more color and the addition of luxury items such as upgraded faucets, trendy glass tiles, and even adding high end appliances which are purchased at steeply discounted prices. Many of these personalized touches of luxury can be added without a noticeable increase in the overall cost of the remodeling project while adding a touch of hominess and comfort to the remodeled area.
Kitchen remodeling is, and will remain, the number one residential remodeling project. Some things will never change. Not only does a remodeled kitchen add value to your home, but it also increases your pleasure every time you prepare a meal or simple make a cup of coffee. Most homeowners are saying that after they remodel their kitchen they're finding it easier to keep the kitchen clean, organized and looking fresh.
One other trend is that homeowners are investing in a few touches of high-end luxury products in their home improvement projects. These homeowners are doing this because they have the intent to stay put and enjoy the luxury in their newly remodeled home. Return on investment still lingers in the back of the mind for many. But more improvements are being made for the pleasure of the homeowners because they know they will be staying in their homes for many years.
If the idea of a cobalt blue glass tile backsplash sets your heart aglow, or the thought of a high end faucet puts a big grin on your face, then why not? In the comfort of your home, spend some time on your computer looking at all the tile and fixture options and take in all the fabulous deals. Focus on your taste and pleasing yourself and your family looking at functionality, quality and style. Your house may still be an investment, but it's also your home.
These homeowners are finding that their newly remodeled homes are welcoming them after a day of work with the feeling of a warm well-feathered nest. Through the use of a little color and small tokens of luxury an ordinary house is made into a comforting home which reflects the owner's tastes and needs. As the housing market is likely to remain depressed for some time, the days of quick flips and huge profits are behind us and nesting is here to stay.
About the Author
Mark Piscopo is the President of Wholsalers USA, Inc., an Internet reseller of glass tiles for residential and commercial uses. You can visit his website at http://www.WholesalersUSAinc.com
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