ONLINE BANKING
Access ID:
Pay Online Button

CD Rates

Roofing demand on the rise across U.S.

Posted on Wednesday, September 25, 2013 at 11:08:25 AM

More homeowners are interested in roofing projects, as demand for the service and supplies is expected to increase annually.

Over the past few years, the roofing industry has witnessed a decline, according to a market research report compiled by Reportlinker.com. Recently, demand is projected to jump up 3.5 percent

Now, it appears that more people may use home improvement financing to move forward with a roofing project. In addition, new building construction is also a major factor behind the increase, as the housing market is trending positively.

Asphalt shingles made up the largest share of roofing demand, at a market share of 57 percent, the report noted. Demand in roofing tiles are also predicted to rise drastically over the next year.

Safety is highly important for homeowners looking to upgrade and maintain their roofs. Home improvement financing is a great way for many to afford needed changes, and precautions should also be taken.

For instance, proper attire should be worn while on a roof, according to the DIY Network. Rubber sole shoes can prevent slips, and working alone is not recommended. Gutter upkeep is another crucial step for proper maintenance, and if these are clogged that could increase the likelihood of roof damage.