How COVID-19 is Negatively Impacting the Remodeling Industry
In a new NAHB survey, over 90% of remodelers questioned had lost business due to the pandemic. 96% of remodeling construction firms experienced a downturn in inquiries coming in and 93% experienced a reduction in the willingness of homeowners to consider remodeling projects. The survey for NAHB’s first quarter 2020 Remodeling Market Index (RMI) found that 70 …
