Despite Negative Media Attention Towards the Housing Market, Homeowners Continue to Invest Wisely In Their Homes
Portland, Ore. (PRWEB) July 31, 2008 -- ReliableRemodeler.com, a nationwide home improvement and remodeling contractor matching service, is pleased to announce the results to their latest homeowner survey on attitudes towards the current housing market. While the housing market has been changing over the past year, many homeowners are choosing to continue with their home improvement plans or choosing to make smarter, yet perhaps smaller, investment choices.
When asked whether or not they were personally experiencing the affects of the changing housing market, 69 percent of homeowners stated that they were not feeling any impact, while 31 percent said they did experience some affects. Although claiming that the changing market had little to no affect on them, 51 percent of homeowners did believe that their home had dropped in value. For the full survey results, visit ReliableRemodeler.com's Media Center, http://www.reliableremodeler.com/about_us/media_center.asp.
The economic forecast for the coming year did not deter homeowners who had remodeling plans already decided. 59 percent of homeowners stated they would not be changing their remodeling plans.
"While many homeowners see themselves as untouched by the changes in the housing market," said Eric Doebele, Founder of ReliableRemodeler.com, "the changes they are seeing in the market are causing them to shift their focus onto projects with a higher return on investment. By making smart investments, homeowners can still make improvements without as much risk."
For homeowners making changes to their remodeling plans, 14 percent said they were deciding to invest in smaller projects with a smaller price tag and seven percent were choosing to invest in projects that would bring the most return on investment. Homeowners did seem slightly wary of taking on large projects for their home, with 14 percent stating they would be putting large remodeling projects on hold.
About ReliableRemodeler.com:
ReliableRemodeler.com is a leading nationwide home improvement contractor matching service working to bring together homeowners and contractors. To date, the company has matched over 730,000 homeowners with home improvement projects to quality, local contractors. Besides homeowners, the company targets over 1.2 million home improvement and remodeling contractors in the United States, providing them access to quality home improvement leads using proprietary matching technologies.
Both homeowners looking to start a home improvement project, or contractors who want to start receiving qualified leads, can visit our website, http://www.reliableremodeler.com.
For information about this press release or about ReliableRemodeler.com please contact:
Paige Thomas or media @ reliableremodeler.com.
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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