Remodeling industry sees uptick: Homes in Sacramento get facelifts
After a homebuyer purchases one of the homes for sale in Sacramento, he or she may not enjoy a particular feature of the property or wish to add a personal touch to the house. In other situations, homeowners who have been living in a house for a lengthy period of time may want to give their property a facelift to increase its market value and improve their use of the space.
According to the National Association of Home Builders (NAHB), the Remodeling Market Index (RMI) climbed to 50 in the third quarter of 2012 - up from 45 in the previous three months. Remodeling volumes for the third quarter of 2012 are at levels not seen since the third quarter of 2005.
Maintenance and repairs and minor additions and alterations increased in volume in all four regions of the United States. The west increased from 42 in the second quarter of 2012 to 52 in the third quarter of the same year.
"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."
Some remodeling projects were more popular than others. For example, home improvement projects that centered around the bathroom typically received a lot of attention on the West Coast.
According to Active Rain, bathroom remodeling trends in Sacramento distinguished themselves from other parts of the country in 2011, and may be carrying on in 2012. Extra large showers that can accommodate two people at a time have become popular in the California community. To ensure that everyone in the shower received equal amounts of water, the stalls featured multiple showerheads, which can be controlled with a lever. The source claims that it was not uncommon to see showers with 10 or more nozzles.
On-demand water heaters connected directly to the bathroom were another key trend in Sacramento. Adding the instant hot water devices to service the room allowed homeowners to indulge in hot showers or baths whenever they wanted.