The deterioration of the housing market has trickled down to affect remodeling activity. The Leading Indicator of Remodeling Activity (LIRA) projects that homeowner improvement spending will be declining at an annual rate of 12.1 percent by the third quarter of 2009.
Clearly, plummeting consumer confidence has caused reluctance among homeowners to start a major remodeling project. Today, people are looking for ways to get a big change in the look and feel of their home for less than the cost of traditional remodeling work. The solution? Use light to recreate a space.
“Many people don’t realize how much the application of light will change the colors and shapes in a room,” says David Berman, director of training for the Home Theater Specialists of America. “The secret is to work with what you already have. For example, lower the light level in a room to enhance the detail in a marble countertop, make the pattern in a Persian rug pop, and give the illusion of a new coat of paint.”
The light control revolution began long before the economy tanked, but now lighting design experts are getting even more creative for their clients and delivering transformational installations that take the place of a big remodel project. There are options at all price levels.