Although the new housing market has decreased up to 20 percent across the U.S., many homeowners are investing in remodeling projects because of low refinancing options. In fact, according to Kermit Baker, director of the Remodeling Futures Program for the Joint Center For Housing Studies at Harvard University, Cambridge, Mass., aging housing stock is shifting home improvement spending to replacement projects, such as new roof systems.
Because a roof occupies about 40 percent of visible space on an average house, replacement is a functional and aesthetic upgrade. Reroofing can add to a home's curb appeal and increase its value. Therefore, many contractors are focusing on reroofing as a matter of profitability and even survival.
And roofing contractors and architects currently have more roofing options to offer homeowners than ever before. From metal and asphalt to concrete and slate, there is an ideal roofing material available for everyone. Understanding the benefits and qualities of each material allows roofing professionals to help homeowners make educated decisions and choose the best roof systems for their homes. And according to the Tile Roofing Institute (TRI), a nonprofit association of producers and associates of concrete and clay tile, one of the fastest-growing roofing materials is concrete tile.