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Remodeling Market Poised for Growth as the Age of Owner-Occupied Homes Increases
“The aging housing stock continues to drive remodeling projects as home owners are increasingly choosing to tap into their home equity and invest in improvements rather than relocate, creating long-term growth prospects for the industry,” said NAHB Remodelers Chair Nicole Goolsby Morrison, a remodeler from Raleigh, N.C. “In fact, NAHB is forecasting residential remodeling activity to post a 5% gain in 2025, and a nominal gain of 3% in 2026.”
Stewart Title Insurance Company Merges with Stewart Title Guaranty Company in New York
“Operating as STGC in New York will allow us to better serve our New York customers by accessing all of our underwriting power and increased financial stability,” said Stewart CEO Fred Eppinger. “Stewart is a trusted underwriting name in New York, and this merger will allow us to leverage the full strength of our combined financial balance sheet, enabling us to more effectively and efficiently underwrite transactions of all sizes, including significantly larger and more complex transactions.”
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