The Remodeling Show that took place in Baltimore, September 2008, was a rude awakening for some exhibitors and a wake up call for others. While some hopefuls expected a better turnout due to new construction being down, the show saw thinner attendance than at previous events.
The optimistic crowd of dealers and manufacturers viewed the slow housing market as an opportunity because homeowners usually hold onto their homes and remodel rather than move into a new one. They also viewed the attendees as more qualified leads vs. tire kickers.
The pessimistic crowd, on the other hand, had a different opinion. Their complaint was about how bad business was and how they’re ‘dying’ out there. They saw the thin turnout of attendees as further confirmation that everybody in the remodeling industry is doomed. (more…)