It's been anything but a lazy summer for the Kitchen Cabinet Manufacturers Association - check out what's been happening in the cabinet industry the last few weeks:
REMODELING SPENDING EXPECTED TO SLOW
According to the Leading Indicator from the Joint Center for Housing Studies of Harvard University, remodeling activity is declining drastically. Home improvements and repairs are expected to drop from 6.3% this quarter to less than 1% by the second quarter of the next year. The decline may be attributed to the fact that home price appreciation has slowed and isn’t outpacing income growth like it once did in some markets.
“Declining home sales and home building activity coupled with slower gains in permitting for improvement projects will put the brakes on remodeling growth over the coming year,” said Chris Herbert, Managing Director for Housing Studies.
Check out the latest news and insights from the cabinet industry from the Kitchen Cabinet Manufacturers Association.
7 EXCITING NEW TRENDS IN KITCHEN DESIGN
From islands to sinks, more and more homeowners are opting for modern twists on classic kitchen staples with plenty of visual interest coupled with increased functionality. The National Association of Homebuilders spoke with a kitchen designer recently and reviewed the top design trends we’ll see in the coming year:
The Kitchen Cabinet Manufacturers Association was featured recently in the Modern Wellness Guide, an affiliate of USA Today. Check out the full piece below for information on how homeowners can pick the best kitchen cabinets for their home:
Cabinets are the structure and backdrop that make up the layout of your kitchen and how you will use it for years to come. Everything else – countertops, backsplashes, paint, appliances – is a supporting character to the main attraction.