Austin, TX – October 18, 2011 – (RealEstateRama) — As summer sizzled across the U.S., remodeling activity continued to be red hot. Today, BuildFax unveiled its BuildFax Remodeling Index (BFRI) for August 2011 which showed that remodeling activity reached a record high during the month. BuildFax also released data today showing, based on its national footprint of permit data, an estimate of over 3.3 million residential remodeling projects will be permitted in 2011. This figure is up from the estimated 3.1 million residential remodeling projects that were permitted in 2010, an almost 9.5 percent increase.
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