The home improvement market hadn’t seen a decline since 1991. In the HIRI/Global Insight home improvement products market forecast update of August 2008, we now have revised estimated declines of both 0.7% in 2007 and 3.1% in 2008. The estimate for 2008 sales was lowered by $5.3 billion from the previous forecast (February 2008) to $296.8 billion. The updated 2007 forecast for the market came in at $306.2 billion, a downward revision of just $0.5 billion. The continued downturn in the housing market coupled with..
Full story: http://www.hiri.org/inside.asp?id=21
Basement repairs of any kind can be some of the toughest choices to make as a homeowner. They aren’t something that is common knowledge, they aren’t something that’s discussed on many DIY television shows, and they are not normally “easy fixes”.
Things like re-pointing foundations, crack repair, waterproofing, foundation correction (ie: piering and wall anchoring) aren’t things that should ever be considered Do-it-yourself projects. They all have potentially hazardous implications if done improperly. It’s always better to let a company carry the liability of a poor job then that of your bank account.
Mold, Radon, Leaks, Cracks, leaking bulkheads, rotted window sills, humidity, moisture and water problems all fall under normal things that many people have to deal with in their basement on a daily basis.
The question is: are you ready to decide to protect your basement and therefore protect your home?