We do our homework. Meaning we trend track to keep up to date with the latest that’s happening in the design world. We also do so on the topic of home renovation. It’s a must because once our product portfolio leaves our warehouse and goes directly to a homeowner rehabbing or buying new, we think of it as win-win for our biz, the homeowner and our economy. If you’re shopping in our showrooms
or buying online
, that’s a good thing for all of us. On that front, we recently learned some interesting and dare we say, good news, from the Joint Center for Housing Studies at Harvard University. Allowing a three-year downturn, a sustainable recovery for the remodeling industry is expected in 2011, according to the Leading Indicator of Remodeling Activity (LIRA). A report issued by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University states the following,
“Favorable interest rates, a pickup in home sales, and the strengthening economy should lead to healthy gains in remodeling spending this year,” says Eric S. Belsky, managing director of the Joint Center.
The Joint Center for Housing Studies has also advises not to worry about an initial burst in activity if the recovery loses some steam due to continuing problems with weak house prices and large numbers of distressed properties — because this overall trend is leaning toward continued growth for 2011. Yipee!
With that kind of news, now we can all go back to thinking about creative product design and what the next great product will be for the bathroom! What we can we say, we’re ambitious thinkers! Since we rely upon the wisdom of an array of sources (our own design team included), here are just a few trends floating through the universe, which means we all need to pay closer attention! We like that there’s a conversation happening in the design world on: Integrated sink tops, pedestal – drop in- and vessel sinks, Maple and Alder cabinet finishes, Quartz countertops, polished chrome and bronze and stainless steel finishes, plus marble vanity tops.
What are you garnering in trend news? Share your thoughts with us!