Remodeling Mastery By Mark Richardson

In this episode Mark G. Richardson shares 5 factors that he refers to as “tail winds” that forecast success and profitable years for those in the remodeling industry. #1 - Home Appreciation continues to be strong. Of the top 25 markets in the U.S., 23 of them are continuing to appreciate. It was only just a few years ago that these same markets were all depreciating. A strong home appreciation gives homeowners the confidence to want to remodel and upgrade their homes. #2 - Interest Rates. The reality is that interest rates are still at historic lows. In the 80's, interest rates were 14 to 15%. Today, you see interest rates at 4 or 5%. Turn the clock back a few years,  and people would be amazed at the interest rates seen today. However, as interest rates inch higher, it creates a sense of urgency for the remodeling industry. Homeowners want to cash-in now and start their projects sooner rather than later. #3 - Unemployment. It's not a question of whether someone has a job or not right now, but their confid