The U.S. residential roofing is big. Based on Home Innovation’s Annual Builder and Consumer Practices Reports, about 17.5 billion square feet of it was installed on homes last year. The reports also concluded that nearly 85% of total residential roofing volume is installed on existing homes as either a full or partial replacement of existing material. On average, the age of the existing roofing in full replacement was slightly more than 19 years. About one-third replaced their roof because of leaking; one third because of storm damage; and, one quarter anticipated roof failure in the near future due to a deteriorating roof. Only 3 percent stated they wanted to improve the appearance of their house, and 2 percent claimed a pre-mature failure.
What constitutes a trend in building products? Is something “on trend” because an interior designer says it is? Or because it’s all the rage at a kitchen and bath trade show? Or because it makes an episode of a home improvement TV program? Not necessarily. While those things may deem a product to be “trendy,” they do not truly constitute a trend. I’ve seen several home remodeling “design trend” articles recently that were very interesting and enlightening, but also contradictory in describing what’s becoming more popular in the market according to our data. The biggest disconnect I’ve seen seems to be in the discussion of faucet finishes. If you just looked at just a handful of those articles, you’d swear that all new faucets were bronze, and that neither chrome nor stainless steel finished faucets exists anymore.