Residential building market may be bouncing back
Residential building market may be bouncing back According to recent reports, the residential building market may be bouncing back from previous hardships. The Commerce Department's U.S. Census Bureau reports that permits for new housing have risen 37.6 percent and housing starts have increased by 30.7 percent since their low point in April 2009.
Still, industry insiders remain cautious. "Business conditions are better than they were last year, but not by a lot. I think people are still being very careful," Paul Huijing, owner of Paul Huijing Construction & Engineering in Wilbraham, Massachusetts, told Business West Online.
"I think that people are typically concentrating on remodeling," he added. "There aren't that many new houses being built, and people are mainly thinking about how to alter their house."
Those who are interested in remodeling their home, post-recession, may want to consider installing vinyl flooring, as it is cost-effective and, due to innovations in design technology, the material can realistically mimic a wide range of looks and textures.
In fact, according to the World Floor Covering Association, no other floor covering offers the selection, styling and ease of maintenance as vinyl flooring.