Two of the top 20 markets for home remodeling activity last year were the cities of San Francisco and Fremont. A recent report from BuildFax cites San Francisco as the 12th best city for home improvement permit activity, as the volume of residential remodeling projects increased by 8 percent year-over-year. Overall, 4.5 percent of San Francisco homes were remodeled last year, with plumbing and electrical-related work being the most common types of upgrades.
- Increased remodeling activity could be a sign that more homeowners are opting to stay in their current residences and upgrade.
- During the past three years Fremont saw a 25 percent jump in home remodeling activity.
- San Francisco experienced an eight percent year-over-year increase in remodeling activity.