Strong Spending on Remodeling Brings Unprecedented Growth to House Doctor's Home Improvement Franchise
Cincinnati, Ohio (PRWEB) August 06, 2013 - House Doctors, the home improvement franchise, is growing at an unprecedented rate as a study from the Joint Center for Housing Studies at Harvard University shows that the general strengthening in the housing market over the past 18 months is translating into increasing spending on remodeling.
The latest data from the leading indicator of remodeling activity (LIRA) continues to show improving spending trends that are solid and on an upward slope. Projections also show a continued strengthening of the market through the end of this year and into the first quarter of 2014.
The LIRA is released by the Remodeling Futures Program at the Joint Center for Housing Studies at Harvard University in the third week after each quarter’s closing. The LIRA is a comprehensive study of the factors influencing the growth and changing characteristics of housing renovation and repair activity in the United States. The next LIRA release date is October 17, 2013.
Jim Hunter, President of House Doctors said, "We are seeing the fastest growth since I joined the company." Hunter continued, "Four new franchisees recently came through training for openings in Tennessee, Connecticut, Ohio and Michigan. Another six are already scheduled to come on board in the next couple of months and a number of others are already in the pipeline."
Homeowners are more comfortable investing in their properties right now as consumer confidence returns and the growth in sales of existing homes increases. Continuing strengthening in the economy is leading to increasing spending levels on renovations and upgrades.
Hunter added, "The growth in home sales and the rapid and steady growth in property modifications and maintenance we are seeing is providing more opportunities for our franchisees. Our model meets all of the requirements of busy professionals and aging boomers who need home repairs and home improvements done."
About House Doctors
For more than 15 years, House Doctors, a 90-plus-unit professional handyman and home improvement service, has brought homeowners and commercial property owners high standards of customer service, reliability, and quality workmanship. Every House Doctors location is independently owned and operated. Today, House Doctors continues to expand throughout the United States by offering franchise opportunities.