B-i-y cuts contractor's 'fudge factor.' (buy-it-yourself; home improvement contractor Stan Tucker)(Interview)

Article Abstract:

Stan Tucker, a part-time home improvement contractor in Charlotte, NC, believes that buy-it-yourself remodelers probably do not save money, in the long run. He does not particularly like it when his customers buy their own materials. He noted that the mark-up he adds to materials he buys for a project enable him to deal with unexpected costs. He would consider doing installations for a home center store, he said.

Additions & Alteratns, Nonfarm Housing, Services, Interview, The Home Depot Inc., Lowe's Companies Inc., HD, LOW, Personalities, 84 Lumber Co., Tucker, Stan

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Remodeling market on steady growth path

Article Abstract:

Homeowners' remodeling expenditures are expected to increase about 5% per year through 2006, according to the National Assn of Home Builders. At that rate, remodeling spending will surpass spending on new homes by 2005. One reason for the favorable remodeling outlook, the NAHB's Charles Ruma pointed out, is the increasing average age of US homes. The average US home was 28 years old in 1996.

Housing Additions & Alterations, Forecasts and trends

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