Nearly 70% surveyed say likely to remodel this year!

To Remodel, Buy New, or Stay Put Poll: Nearly 70% surveyed likely to remodel this year At Kaye Homes, we believe you need to balance economics with quality of life. While the cost of housing cost is a major consideration, the extent that a make-over, remodel, or new home makes sense should be considered in light of your enjoyment as well as how the investment will affect the future value of your home (when the time comes to sell). Part of our job is to discuss the options in light of your needs and budget, and recommend the most prudent direction. We’ll be discussing how to weigh remodeling verses building new in upcoming blogs. In the meantime, if you have any questions, feel free to call me at 239 304-3304, xt. 215. Southwest Florida home pricing has already adjusted down significantly. This is a phenomenal time to consider a new home. I recently came across some interesting statistics relating to this topic that you may find interesting below. According to a recent poll by ServiceMagic.com Despite concerns with the housing market, more than two-thirds of Americans said they would complete a home improvement project in 2008, ServiceMagic, an online marketplace that connects consumers with prescreened and customer-rated home service professionals, found that 69 percent of those surveyed would improve their home this year, while 31 percent said they would likely go through with a home improvement after some careful consideration and possibly a delay. Some 65 percent said that if presented with the option they would "stay and improve" their home, compared with 26 percent who would "just stay" without improving. Only 8 percent would choose to move. Approximately 59 percent of poll respondents said they have a home improvement project planned for 2008. But as the poll revealed, 31 percent of respondents will consider current economic conditions when deciding on whether to proceed with planning a home improvement project. That 31 percent breaks down like this: § 21 percent say they will likely postpone their project § 7 percent say though pausing to consider, they'll likely proceed with their plans § 3 percent say they're abandoning their plans all together And of those who say they plan to postpone their next project: § 7 percent say they'll wait 2-3 months § 17 percent say they'll wait 3-6 months § 46 percent say they'll wait 6-12 months § 30 percent say they'll wait 12-plus months The poll data was collected through an 11-city survey conducted by ServiceMagic.com, with 2,162 consumers responding.