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During the recent recession, homeowners looked at remodeling in Phoenix instead of purchasing a new home. With the economy reeling and the housing market distressed, people didn’t want to take the added risk of assuming new debt or increasing their expenses. As an alternative, they looked at adapting their existing home’s footprint to fit their needs. Today, the economy has picked up some and the housing market has seen significant improvements. However, the home remodeling in Phoenix done during the “bust” years remains popular. Many homeowners still want to stay in their homes and update them. Some want to wait for higher selling prices; others just want to customize their home and make it exactly as they want. And this information is not just anecdotal. According to the National Association of Home Builders' Remodeling Market Index (RMI) which tracks industry sentiment, the numbers were at a five-year high by 2012. Lasting Trends for Remodeling in Phoenix Many trends for remodeling in Phoenix come and go. Some projects are done solely for financial gains when the homeowner sells the home. Homeowners do other remodeling projects to meet a personal requirement, but with an eye on a good return when the homeowner moves on. But some remodeling in Phoenix is being done with the intent of making the home as comfortable as possible and providing the lifestyle the homeowner desires well into the future. Typically, these projects are done for homeowners who expect to stay in their homes for long periods of time. The following projects for remodeling in Phoenix were popular during the recession and continue to be widely done today: Mother-in-Law Suites – Apartments built within a home, either as new additions or existing room makeovers, have become long-term care solutions as Baby Boomers age. With the sky-high cost of nursing homes and assisted living, many families just can’t afford these care options. Remodeling in Phoenix to create in-law suites makes fiscal sense in a lot of situations. The National Association of Home Builders confirms this trend. Of the builders surveyed in 2010, 62% reported working on an aging-related home remodeling project. This field of remodeling is expected to grow significantly in the coming years. In fact, the American Association of Retired Persons (AARP) has developed a “Certified Aging in Place Specialist” designation for those in the building industry. To date, AARP has certified approximately 3,000 builders, contractors, remodelers and architects. However, these in-home suites don’t have to be occupied by mothers-in-law. With many college graduates having difficulty landing jobs after graduation, parents are finding their grown children returning home to live. The trend of multi-generational families living together is likely to continue for the foreseeable future. Outdoor Spaces – Rather than move to a larger home, homeowners are extending their living space to the outdoors. Gathering places, kitchens, retreats, recreational space and more are transforming backyards into unique outdoor living areas. Entertaining and spending more quality family time at home top the list of remodeling in Phoenix goals. Upgraded Kitchens – Always popular for remodeling in Phoenix, lasting kitchens trends involve more customization and less of an “operational” feel. Homeowners want their kitchens to look more like an extension of the living area rather than a food preparation working room. In other words, much of the working areas are being hidden from view and more of an emphasis is being placed on larger eating areas. Many homeowners will continue to prefer these projects when it comes to remodeling their homes. They will serve an important lifestyle function and create real financial value for many years. About the Author: Jim Weisman is owner of Republic West Remodeling, an Arizona-based company specializing in home remodeling: kitchens, bathrooms, room additions, outdoor living spaces and more. For more information about Remodeling in Phoenix, visit http://www.republicwest.com/home-remodeling-az.php today.
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