Salt Lake City, UT (PRWEB) January 29, 2007
With the remodeling market recently seeing the strongest five years in its history, as reported by the National Association of Home Builders (NAHB), more and more consumers are looking for local contractors for their renovation projects. The remodeling market is projected to keep booming for the long-term, with an anticipated growth rate of 5 percent a year over the next decade. LocalPlusNetwork.com (http://www.localplusnetwork.com), which connects local businesses and homeowners seeking specific home services, has a new search tool to assist people in their local home improvement search.
"The Internet is an invaluable tool for finding contractors," said Allison Beatty, founder of home improvement site RenovatorsPlace.com. "Web sites such as LocalPlusNetwork.com have streamlined search options that make finding a local contractor a breeze."
In 2005, U.S. consumers dished out $215 billion on home improvement. That number is projected to rise by over ten billion a year, topping $359 billion by 2015, according to Gopal Ahluwalia, NAHB vice president of research. Maintenance and energy savings-related remodeling will command the largest share of the renovation market. With respect to major improvement projects, consumers in 2005 continued to embark most often on kitchen and bathroom remodeling, trailed by room additions, whole house overhauls and window and door replacement.
LocalPlusNetwork.com has met the growing demand for local home improvement searches with its new city/state directory (http://www.LocalPlusNetwork.com). The search tool lists home improvement companies serving local areas nationwide. The site offers consumers a network linking companies from a variety of home service industries including:
Within each of these categories, consumers can search by style, locate experts, request brochures and even request an estimate--as well as browse featured articles.
Although the recent slowdown in home construction may indicate a decline in spending on additions and alterations, home remodeling is less cyclical than new construction, says Kermit Baker of Harvard's Joint Center for Housing Studies, as quoted in the Nation's Building News. Generally, homeowners tailor their homes to suit their tastes several years after purchase. That means the more than 30 million homes purchased in the past five years should fuel the home renovation market for some time.
LocalPlusNetwork.com is an established and respected online network that puts businesses in front of thousands of local homeowners who are actively looking for specific home services.