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Remodelers report that they can barely keep up with demand. Is this your cue to raise prices?

MOST RECENT ANSWER:

ProfServMA1151 Said:
This is an interesting question to consider. Unfortunately here is not one answer for all businesses. Here are a couple of things to consider: If your past customers, those who bought from you because of low price, need more work or refer you to their friends, they will probably not buy from you if you raise your prices. This is because the reason they bought no longer exists. On...

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Wednesday, May 22, 2013

Business & economy: In Oklahoma, assessing tornado's toll • Stocks move to record highs (again) • Online tools alter small-biz recruitment  • Report: Suburban poverty spreads  • Real hourly earnings up slightly •  Housing & real estate: Home Depot gains on housing boost  •  Remodeler purchases solar business  • Best housing markets in next 5 years  •  7-figure home sales hit 6-year high  •  Housing starts slumped in April •  How landscaping can impact home values  •  Energy & green building: Moniz sworn in as energy secretary  • Groups rally pressure for energy efficiency law •  Report: Vast improvements in new appliances • New insulation gains ground •  Solar and wind lose favor  •  Opportunities: America’s Top Remodelers competition.

Business & economy: Stocks keep rallying to record high  •  Households keep shedding debt  •  Small business owners more optimistic  •  Retail sales edge up  •  Job growth centers in key states  •  1Q mass layoffs drop  •  Housing & real estate: Basement remodeler wins major award  •  For-sale inventories rise  •  AIA selects Housing Awards winners  •  Housingscorecard shows continued gains  •  Sign of times: Redfin's bidding war report  •  Builders cite worsening labor shortages  •  Many homebuyers still clueless on mortgages  •  Positive equitydrives down defaults  •  Energy & green building: A good time for energy audits  •  Solar giant posts quarterly loss  •  US windows meet passive building standards.

Housing & real estate: Home prices climb fastest since 2006  •  Defaults drop to 2007 levels  •  “Improving markets” list declines  •  Younger buyers, bigger homes  •  Sandy flood payouts top $22m in Conn.  •  Business & economy: Stocks extend string of highs  •  Consumer credit posts small gain  •  Economic confidence ties record high  •  April’s great jobs report  •  March unemployment rates drop  •  Workers unprepared for higher health costs  •  Energy & green building: Home energy management co expands  •  John Tooley wins BPI’s Tony Woods Award  •  HERS joins Colo’s MLS  •  Free webinars: Business investments for remodelers (May 9)  •  BPI's Building Science Principles Certificate (May 14).

Housing & real estate: Home prices rise for 9th month  •  Rising prices credited for economic recovery  •  Remodeler confidence dipped in Q1  •  15-year mortgage at record low  •  55k foreclosures in March  •  Lumber earnings gain  •  Flood insurance: needed, not bought  •  Bad mortgages hit 5-year low  •  Business & economy: Stocks rise to another record  •  Big 3 “zombie slayers” gain market share  •  College grads, non-degree jobs  •  Consumer confidence rebounds  •  Europe’s unemployment at record high  •  US jobless claims fall to 4-year low  •  US incomes, spending rise slightly  •  Employers link premiums to wellness  •  Energy & green building: Geothermal’s big savings  •  USGBC marks 20th anniversary.

Housing & real estate: Remodeling activity to grow through year  •  Home prices have biggest annual gain since 2006  •  Growth continues for engineered wood  •  Tight inventory slows housing boom  •  Single women emerge as key buyer block  •  Tighter rules for EU mortgagelending  •  Builders target elderly homeowners for tear-downs  •  Builders cater to overseas buyers  •  Vacation homes rebound  •  Business & economy: Fake tweet wiped out $136 billion  •  Wealthiest gain, remainder lose post-recession  •  Factory activity slows  •  More jobs shift to suburbs  •  Women leave workforce in record numbers.


Updates

THE LATEST DAILY5, from Wednesday, March 21

 

 Best Practices  Wednesday, March 21, 2012
Springing Forward, Generating Business
Springing Forward, Generating Business

Business is busting out all over at some remodeling firms, and not because anyone is sitting back and taking it easy. "We have to weed more out but at least the phone is ringing."

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 Answers  Wednesday, March 21, 2012
Signs of Remodeling Life
Signs of Remodeling Life

Blooming magnolias, singing birds, buzzing table saws, bustling permit offices ... what else indicates the spring remodeling season in your market?

Read More       4 comments

 Benchmarks  Wednesday, March 21, 2012
Springtime is Construction Accident Time
Springtime is Construction Accident Time

Workplace injuries increase 5.7 percent after "springing forward" for Daylight Savings Time. A construction lawyer -- and an infographic! -- on safety realities and fixes.

Read More      

 Snapshots  Wednesday, March 21, 2012
Industry Snapshots: the d5R Dish
Industry Snapshots: the d5R Dish

Remodeler must-reads and award-winners. A dog walks into a remodeling showroom ... and stays. A very custom accessible home. Free webinars for contractors.

Read More      

 Innovations  Wednesday, March 21, 2012
A Social Network for
A Social Network for "Honest Buildings"

New social media platform celebrates and showcases buildings -- preferably those that are built well and efficiently.

Read More       4 comments

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