Remodeling Activity

Remodeler confidence slips but remains positive, NAHB reports

On Thursday, the National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter of 2026. The index reading of 62 was down two points from the previous quarter but remains firmly in positive territory. The NAHB/Westlake Royal RMI asks remodelers to rate five aspects of the remodeling […]

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RenoFi hires Brandon Silvia to drive renovation lending growth

Philadelphia-based RenoFi announced Wednesday that it has hired Brandon Silvia as executive vice president and national production leader, moving to the renovation financing platform from top-10 U.S. mortgage lender Rate. Silvia will oversee all sales and production operations nationwide, with a mandate to scale volume, grow RenoFi’s originator network and boost adoption of its artificial

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RenoFi to expand AI-powered renovation financing after $22M Series B funding

RenoFi, an end-to-end financing platform built exclusively for home renovations, announced Tuesday that it closed a $22 million Series B funding round led by Fifth Wall and participation from Progressive Insurance and other new investors. In addition to their financial backing, Fifth Wall and Progressive Insurance join RenoFi as strategic partners, a move the company

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