Recent numbers show construction jobs on the rise after a long drought for the industry; and according to Bloomberg Buisnessweek, the boost is due to both discretionary remodeling on the part of homeowners and increased in “fix-up” work solicited by new buyers eager to customize their homes. With existing home sales up by 4.3% as of January 2012, the latter group is growing in size – leading to a renewed interest in solar power savings as one of the best renovation ideas on the horizon. While there are plenty of exciting options out there for individuals with an eye on home improvement, industry experts agree that solar power is the wave of the future. With incredible potential for environmental and economic savings alike, solar panels are a sure bet for budget and eco-friendly renovation this spring.
After decades of defining high-end real estate in terms of size and scale, today’s affluent homeowners are becoming increasingly attracted to the lure of so-called “sensibly sized” housing, according to a report published in Forbes magazine. By trading in sprawling estates for smaller spaces, individuals can enjoy not only a more sociable living environment and increased energy and utilities savings, but a boost in discretionary income for custom renovations, remodels and interior design elements as well. This trend, known as luxury downsizing, is especially popular among empty nesters who find themselves ready to shake off the responsibilities of maintaining a large home without compromising their current standard of living; and it opens up a new realm of creative possibility for those who have always dreamed of expressing their unique style and taste or indulging their desire for technological efficiency through the amenities and design elements of their home.
Business is looking up for the residential construction sector, according to recent data from the Wall Street Journal; and with spending up by 1.8% as of November 2011, there would appear to be new momentum behind residential building projects moving into the New Year. With an eye to the hottest design and home remodeling trends of 2012, the timing couldn’t be better – and this year, homeowners looking to make a change for greater sustainability, energy efficiency, cost savings or personal luxury will have plenty of exciting options and inspirations to choose from.