Pelosi Unveils House Health Care Bill
Last week, the Democratic House leadership unveiled their nearly-final draft health care reform bill. The bill makes some improvements to the employer mandate, by doubling the floor for penalties on small businesses for not providing health care benefits to employees and dependents. Previously, the penalties began at $250,000 in total wages; now, they begin at $500,000 in wages. Read more.
CPSC Issues Inconclusive Chinese Drywall Report
The Consumer Products Safety Commission (CPSC) last week issued a summary of its findings to date on the Chinese drywall investigation. An interagency task force, comprised of the CPSC, Environmental Protection Agency (EPA), Department of Housing and Urban Development (HUD), Centers for Disease Control and Prevention (CDC), Agency for Toxic Substance and Disease Registry (ATSDR) and state health departments have been coordinating research and governmental response to homeowners who have complained of health and metal and appliance corrosion in their homes. Read more.
OSHA Takes Initial Step Toward Combustible Dust Rule
The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) just published an advance notice of proposed rulemaking (ANPR) in the Oct. 21 edition of the Federal Register as an initial step in development of a standard to address the hazards of combustible dust. Read more.
Home Builder Confidence Dips in October
With the expiration date for an important home buyer incentive approaching, builder confidence in the market for newly built, single-family homes slipped one point to 18 in October, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Read more.
Showing posts with label News You Can Use. Show all posts
Showing posts with label News You Can Use. Show all posts
Tuesday, November 3, 2009
Wednesday, October 21, 2009
News You Can Use
Economists Forecast Strong Housing Growth
Experts at NAHB conference see a turnaround occurring by mid-2010, but the way back will be long
By Craig Webb, ProSales Online
The U.S. housing market appears to have bottomed out and looks likely to return closer to normal--but not boom--levels by 2012, a group of housing economists predicted today.
Enthusiasm with several strings attached was the prevailing mood expressed in presentations prepared for the National Association of Home Builders (NAHB) 2009 Fall Construction Forecast Conference. Read more.
Housing Starts Hold Steady in September
Total housing starts, expressed as a seasonally adjusted annual rate (SAAR), came in at 590,000, according to data released today by the Commerce Department. That's 0.5% ahead of the previous month -- which was adjusted downward, from 598,000 to 587,000.
If not for the downward adjustment of August starts, the total percentage would have declined 1.3%.
There was better news for builders, and their suppliers, in the single-family front. Single-family housing starts in September were at a rate of 501,000; this is 3.9% above the revised August figure. Moreover, the August figure was revised upward, from a previously stated 479,000 to 482,000.
Compared with September of last year, total starts declined 28.2%, and single-family starts declined 8.7%. Read more.
September housing construction rises 0.5 percent
By Martin Crutsinger
Source: Associated Press/AP Online
Construction of new homes edged up slightly in September, helped by a rebound in single-family construction. However, in a worrisome sign for future housing work, applications for building permits fell by the largest amount in five months. Read more.
More Signs of Economic Recovery
The decline in consumer spending on home renovation projects is tapering off, and remodeling activity should start to pick up early next year, according to a just-released study by Harvard’s Joint Center for Housing Studies.
The quarterly forecast pointed to several positive signs that could boost home improvement spending, causing a reversal in annual declines by the second quarter of 2010. Read more.
Experts at NAHB conference see a turnaround occurring by mid-2010, but the way back will be long
By Craig Webb, ProSales Online
The U.S. housing market appears to have bottomed out and looks likely to return closer to normal--but not boom--levels by 2012, a group of housing economists predicted today.
Enthusiasm with several strings attached was the prevailing mood expressed in presentations prepared for the National Association of Home Builders (NAHB) 2009 Fall Construction Forecast Conference. Read more.
Housing Starts Hold Steady in September
Total housing starts, expressed as a seasonally adjusted annual rate (SAAR), came in at 590,000, according to data released today by the Commerce Department. That's 0.5% ahead of the previous month -- which was adjusted downward, from 598,000 to 587,000.
If not for the downward adjustment of August starts, the total percentage would have declined 1.3%.
There was better news for builders, and their suppliers, in the single-family front. Single-family housing starts in September were at a rate of 501,000; this is 3.9% above the revised August figure. Moreover, the August figure was revised upward, from a previously stated 479,000 to 482,000.
Compared with September of last year, total starts declined 28.2%, and single-family starts declined 8.7%. Read more.
September housing construction rises 0.5 percent
By Martin Crutsinger
Source: Associated Press/AP Online
Construction of new homes edged up slightly in September, helped by a rebound in single-family construction. However, in a worrisome sign for future housing work, applications for building permits fell by the largest amount in five months. Read more.
More Signs of Economic Recovery
The decline in consumer spending on home renovation projects is tapering off, and remodeling activity should start to pick up early next year, according to a just-released study by Harvard’s Joint Center for Housing Studies.
The quarterly forecast pointed to several positive signs that could boost home improvement spending, causing a reversal in annual declines by the second quarter of 2010. Read more.
Tuesday, October 6, 2009
NLBMDA News
You can find all the most up to date national organization news here.
USGBC Releases Second Draft of Certified Wood Credit Benchmarks
Health Care Continues to Dominate Congressional Schedule
Homebuyer Tax Credit Looming
Boxer-Kerry Introduce Energy Bill, Version 2.0
Have You Subscribed to the NLBMDA Green Update?
Save the Date! NLBMDA Legislative Conference Scheduled for March 15-17, 2010
USGBC Releases Second Draft of Certified Wood Credit Benchmarks
Health Care Continues to Dominate Congressional Schedule
Homebuyer Tax Credit Looming
Boxer-Kerry Introduce Energy Bill, Version 2.0
Have You Subscribed to the NLBMDA Green Update?
Save the Date! NLBMDA Legislative Conference Scheduled for March 15-17, 2010
News You Can Use - Running Your Business
Credit card fees can take a bite out of your profits. CSA members can lower their costs by up to 20% by enrolling in a special program. Enrollment is free and your credit card processing system will be reprogrammed for the cost savings at no expense to you.
For more information and a free, no obligation quote, please call 847-219-6711 or fax 815-455-5317.
For more information and a free, no obligation quote, please call 847-219-6711 or fax 815-455-5317.
Wednesday, September 23, 2009
From ProSales Online: Tips for Surviving a Hostile Economy
Florida dealer Don Magruder's 10 ideas don't have anything to do with management or sales, but they could make the difference between survival and failure.
By Don Magruder
Over the last three years, the hostile economic times have taken a major toll on the well-being of employees and businesses, with many coming ever so close to their rope's end. As business people, many of us have been fighting very hard to survive, but we must never forget the folks who bear the heaviest load of those pay cuts, reduced hours, and dwindling benefits: our employees. An encouraging word or clearing of a path in the direction of common sense may be the difference between survival and surrender.
Sensing an increasing burden on many in our management and sales group, I shared with them my thoughts of how they and Ro-Mac Lumber could survive this hostile economic environment. Below are my top 10 tips for surviving these current hostile economic times. Most of you know them already, but it helps us all to refresh our souls. Read more.
By Don Magruder
Over the last three years, the hostile economic times have taken a major toll on the well-being of employees and businesses, with many coming ever so close to their rope's end. As business people, many of us have been fighting very hard to survive, but we must never forget the folks who bear the heaviest load of those pay cuts, reduced hours, and dwindling benefits: our employees. An encouraging word or clearing of a path in the direction of common sense may be the difference between survival and surrender.
Sensing an increasing burden on many in our management and sales group, I shared with them my thoughts of how they and Ro-Mac Lumber could survive this hostile economic environment. Below are my top 10 tips for surviving these current hostile economic times. Most of you know them already, but it helps us all to refresh our souls. Read more.
News You Can Use - Trends and Numbers
Survey: Boomers Want Single Level, Energy-Efficient Homes in the Suburbs
A new survey reveals that 55+ Americans would prefer suburban living in single-story homes with amenities, particularly high-speed Internet access, for their later years, and they don't consider "universal" design a priority. These are some of the findings from 55+ Housing: Builders, Buyers, and Beyond, a survey conducted by the National Association of Home Builders (NAHB) and the MetLife Mature Market Institute, which asked owners and renters about their current homes and the types of homes, communities and features they prefer as they age. Read more.
Overall Housing Starts Rise 1.5 Percent in August
Privately-owned housing starts in August were at a seasonally adjusted annual rate of 598,000, 1.5 percent higher than July figures, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development. Single family starts, however, fell 3 percent to a seasonally adjusted rate of 479,000.
NAHB blamed the pullback in single-family starts on the looming expiration of the $8,000 tax credit for first-time homebuyers. Read more.
A new survey reveals that 55+ Americans would prefer suburban living in single-story homes with amenities, particularly high-speed Internet access, for their later years, and they don't consider "universal" design a priority. These are some of the findings from 55+ Housing: Builders, Buyers, and Beyond, a survey conducted by the National Association of Home Builders (NAHB) and the MetLife Mature Market Institute, which asked owners and renters about their current homes and the types of homes, communities and features they prefer as they age. Read more.
Overall Housing Starts Rise 1.5 Percent in August
Privately-owned housing starts in August were at a seasonally adjusted annual rate of 598,000, 1.5 percent higher than July figures, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development. Single family starts, however, fell 3 percent to a seasonally adjusted rate of 479,000.
NAHB blamed the pullback in single-family starts on the looming expiration of the $8,000 tax credit for first-time homebuyers. Read more.
Thursday, August 27, 2009
News You Can Use - Trends and Numbers
Consumer Confidence Index Rises in August
The Conference Board Consumer Confidence Index®, which had retreated in July, rebounded in August. The Index now stands at 54.1 (1985=100), up from 47.4 in July. The Present Situation Index increased slightly to 24.9 from 23.3 last month. The Expectations Index improved to 73.5 from 63.4 in July. Read more.
New Homes Sales Surge 9.6 Percent in July
Sales of new one-family houses in July 2009 were at a seasonally adjusted annual rate of 433,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 9.6 percent above the revised June rate of 395,000, but is 13.4 percent below the July 2008 estimate of 500,000.
The median sales price of new houses sold in July 2009 was $210,100; the average sales price was $269,200. The seasonally adjusted estimate of new houses for sale at the end of July was 271,000. This represents a supply of 7.5 months at the current sales rate.
Architecture Billings Index Bounces Back in July After Substantial Dip
Exhibiting a welcome rebound following a 5-point dip the month prior, the Architecture Billings Index (ABI) was up almost 6 points in July. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the July ABI rating was 43.1, up noticeably from 37.7 the previous month. This score, however, still indicates a decline in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry score fell to 50.3 from 53.8, but it was the fifth straight month with a score in above 50. Read more.
Existing Home Sales Up 7.2 Percent in July
For the first time in five years, existing-home sales have increased for four months in a row, according to the National Association of Realtors®.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.2 percent to a seasonally adjusted annual rate of 5.24 million units in July from a level of 4.89 million in June, and are 5.0 percent above the 4.99 million-unit pace in July 2008. The last time sales rose for four consecutive months was in June 2004, and the last time sales were higher than a year earlier was November 2005. Read more.
The Conference Board Consumer Confidence Index®, which had retreated in July, rebounded in August. The Index now stands at 54.1 (1985=100), up from 47.4 in July. The Present Situation Index increased slightly to 24.9 from 23.3 last month. The Expectations Index improved to 73.5 from 63.4 in July. Read more.
New Homes Sales Surge 9.6 Percent in July
Sales of new one-family houses in July 2009 were at a seasonally adjusted annual rate of 433,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 9.6 percent above the revised June rate of 395,000, but is 13.4 percent below the July 2008 estimate of 500,000.
The median sales price of new houses sold in July 2009 was $210,100; the average sales price was $269,200. The seasonally adjusted estimate of new houses for sale at the end of July was 271,000. This represents a supply of 7.5 months at the current sales rate.
Architecture Billings Index Bounces Back in July After Substantial Dip
Exhibiting a welcome rebound following a 5-point dip the month prior, the Architecture Billings Index (ABI) was up almost 6 points in July. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the July ABI rating was 43.1, up noticeably from 37.7 the previous month. This score, however, still indicates a decline in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry score fell to 50.3 from 53.8, but it was the fifth straight month with a score in above 50. Read more.
Existing Home Sales Up 7.2 Percent in July
For the first time in five years, existing-home sales have increased for four months in a row, according to the National Association of Realtors®.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.2 percent to a seasonally adjusted annual rate of 5.24 million units in July from a level of 4.89 million in June, and are 5.0 percent above the 4.99 million-unit pace in July 2008. The last time sales rose for four consecutive months was in June 2004, and the last time sales were higher than a year earlier was November 2005. Read more.
Wednesday, August 12, 2009
News You Can Use - Trends and Numbers
Homeowners Turning to Phased Remodeling Due to Down Market, Says NARI
Residential remodels are no longer those once-in-a-lifetime projects that keep homeowners dreaming years on end before they ever pick up a hammer. Instead, many homeowners opt to do a series of remodels as their schedules, budgets and lifestyles evolve over time, according to the National Association of the Remodeling Industry (NARI).
In fact, according to a recent Consumer Reports poll on home remodeling, 36% of homeowners who plan to remodel plan to do so in phases. Read more.
Builders Ask Congress To Extend and Enhance Home Buyer Tax Credit
To help create jobs and set the stage for a strong recovery, the National Association of Home Builders (NAHB) today called on Congress to extend and enhance the $8,000 first-time home buyer tax credit due to expire on December 1.
Specifically, NAHB is asking Congress to extend the home buyer tax credit program through November 30, 2010 and make it available to all buyers of principal residences. Read more.
Consumer Satisfaction With Windows and Patio Doors Declines, According to Latest J.D. Power and Associates Report
As economic difficulties lead homeowners to curtail remodeling projects, overall satisfaction among consumers with windows and patio doors has declined in 2009, according to the J.D. Power and Associates 2009 Windows and Patio Doors Satisfaction Study(SM) released today. Read more.
AIA Study Estimates up To 270,000 Construction Industry Jobs Could be Created if American Clean Energy Security Act is Passed
The American Institute of Architects (AIA) conducted a study to determine how many jobs in the design and construction industry could be created if the American Clean Energy Security Act (H.R. 2454; also known as the Waxman-Markey Bill) is enacted. The study analyzes two provisions included in the House-passed Act, the State Energy and Environment Development (SEED) program and the Green Resources for Energy Efficient Neighborhoods (GREEN) program. Using studies that measure the extent of job creation in the building industry, the findings estimate that as many as 270,000 jobs could be created or saved if the building-related provisions in H.R. 2454 become law. Read more.
Residential remodels are no longer those once-in-a-lifetime projects that keep homeowners dreaming years on end before they ever pick up a hammer. Instead, many homeowners opt to do a series of remodels as their schedules, budgets and lifestyles evolve over time, according to the National Association of the Remodeling Industry (NARI).
In fact, according to a recent Consumer Reports poll on home remodeling, 36% of homeowners who plan to remodel plan to do so in phases. Read more.
Builders Ask Congress To Extend and Enhance Home Buyer Tax Credit
To help create jobs and set the stage for a strong recovery, the National Association of Home Builders (NAHB) today called on Congress to extend and enhance the $8,000 first-time home buyer tax credit due to expire on December 1.
Specifically, NAHB is asking Congress to extend the home buyer tax credit program through November 30, 2010 and make it available to all buyers of principal residences. Read more.
Consumer Satisfaction With Windows and Patio Doors Declines, According to Latest J.D. Power and Associates Report
As economic difficulties lead homeowners to curtail remodeling projects, overall satisfaction among consumers with windows and patio doors has declined in 2009, according to the J.D. Power and Associates 2009 Windows and Patio Doors Satisfaction Study(SM) released today. Read more.
AIA Study Estimates up To 270,000 Construction Industry Jobs Could be Created if American Clean Energy Security Act is Passed
The American Institute of Architects (AIA) conducted a study to determine how many jobs in the design and construction industry could be created if the American Clean Energy Security Act (H.R. 2454; also known as the Waxman-Markey Bill) is enacted. The study analyzes two provisions included in the House-passed Act, the State Energy and Environment Development (SEED) program and the Green Resources for Energy Efficient Neighborhoods (GREEN) program. Using studies that measure the extent of job creation in the building industry, the findings estimate that as many as 270,000 jobs could be created or saved if the building-related provisions in H.R. 2454 become law. Read more.
Wednesday, July 29, 2009
News You Can Use - The Many Shades of Green
Southern Pine Producers Show Scant Interest in Green Certification
Survey finds few want the certificate but most want to be thought of as green
by Craig Webb
A majority of Southern Pine producers responding to a recent Southern Pine Council survey don't have green certification for their forests now and nearly half don't plan to do so, despite getting regular requests for certified products and feeling it's important to market Southern Pine's green qualities. Read more.
Producers cite costs in green certification survey
(Jul. 28) Wood certification has reached its 15th birthday, but many forestry companies still harbor reservations about the costs and benefits associated with green certifications.
This was the finding of two recent surveys conducted by Random Lengths, an industry publication that tracks lumber and other LBM commodity prices, and the Southern Forest Products Association (SFPA), a forestry trade group. Read more.
Survey finds few want the certificate but most want to be thought of as green
by Craig Webb
A majority of Southern Pine producers responding to a recent Southern Pine Council survey don't have green certification for their forests now and nearly half don't plan to do so, despite getting regular requests for certified products and feeling it's important to market Southern Pine's green qualities. Read more.
Producers cite costs in green certification survey
(Jul. 28) Wood certification has reached its 15th birthday, but many forestry companies still harbor reservations about the costs and benefits associated with green certifications.
This was the finding of two recent surveys conducted by Random Lengths, an industry publication that tracks lumber and other LBM commodity prices, and the Southern Forest Products Association (SFPA), a forestry trade group. Read more.
Wednesday, July 1, 2009
News You Can Use - On Technology
Walker's Building Estimating Reference Book Now Available Online, 94 Years of Know-How at Your Fingertips
Construction estimators can now access this authoritative, industry Standard reference guide, relied upon by generations of contractors for computing building construction labor and material unit costs, is now available on the Internet. In addition to the hard copy print book, Walker is offering the option of subscribing on-line to the entire book or to subsets, of CSI division chapters which are presented in HTML/PDF Read only formats. Read more.
National Gypsum Website Features Sustainability Information
National Gypsum Company has launched a new "Green Site"at http://www.ngc-green.com/
Architects, product specifiers, customers, and the general public can find practical information on how the company's products, processes, and plant network contribute to make positive contributions to green building practices.
The new site includes many tools starting with the Product Sustainable Features page listing National Gypsum wallboard plants, their use of recycled content, and the distance between the plant and its source of gypsum. Read more.
Construction estimators can now access this authoritative, industry Standard reference guide, relied upon by generations of contractors for computing building construction labor and material unit costs, is now available on the Internet. In addition to the hard copy print book, Walker is offering the option of subscribing on-line to the entire book or to subsets, of CSI division chapters which are presented in HTML/PDF Read only formats. Read more.
National Gypsum Website Features Sustainability Information
National Gypsum Company has launched a new "Green Site"at http://www.ngc-green.com/
Architects, product specifiers, customers, and the general public can find practical information on how the company's products, processes, and plant network contribute to make positive contributions to green building practices.
The new site includes many tools starting with the Product Sustainable Features page listing National Gypsum wallboard plants, their use of recycled content, and the distance between the plant and its source of gypsum. Read more.
News You Can Use - Product Information
By Victoria Markovitz
Source: PROSALES Information Service
DeWalt has voluntarily recalled two models of framing nailers due to risk of serious injury. Possible incorrect assembly of the bump action trigger during production could cause the nailers to eject a fastener unexpectedly or the trigger lock-off not to function, the Consumer Product Safety Comission reported in a press release yesterday.
DeWalt has voluntarily recalled two models of framing nailers due to risk of serious injury. Possible incorrect assembly of the bump action trigger during production could cause the nailers to eject a fastener unexpectedly or the trigger lock-off not to function, the Consumer Product Safety Comission reported in a press release yesterday.
So far, no incidents or injuries have been reported. Read more.
Eco Vinyl?
Claims and counter-claims about a product that remains the market share leader in siding.
Claims and counter-claims about a product that remains the market share leader in siding.
Source: REPLACEMENT CONTRACTOR Magazine
To critics and competitors, vinyl siding is a deadly foe of the environment. Burn it, and carcinogens are released into the air. Bury it, and it lingers for millennia. Vinyl siding is the only cladding product ever to have a muck-raking documentary film, the 2002 Blue Vinyl, made about it. So who could or would argue that vinyl siding, the market-share leader in cladding both for new construction and replacement, is a green, or sustainable, building material? Read more.
Amana Tool, manufacturers of industrial-quality carbide-tipped, solid carbide and replacement carbide cutting tools, today announced the new Black Mamba™ saw blades as part of its A.G.E.™ saw blade offerings. Black Mamba blades are ideal for use in portable saws, either on the job site or in the shop, giving contractors access to industrial-quality cutting materials regardless of location. The new blades feature a thin-kerf design and hollow ground teeth that provide sharper cuts and help extend blade life. Black Mamba blades are designed for general rip and cut applications such as framing and decking where fast, efficient cuts are needed, even in wet lumber. Read more.
Advanced Environmental Recycling Technologies (A.E.R.T.), Inc., a plastics recycler and manufacturer of Green building products, now offers MoistureShield® composite decking in a solid board profile. Using new and improved manufacturing technology, MoistureShield Solid provides the strength and beauty of MoistureShield decking with a new profile option. Featuring a deep-embossed wood grain texture on both sides, MoistureShield Solid gives builders the flexibility to install the boards either side up, making deck and dock construction faster and easier. Read more.
KraftMaid Cabinetry ranks highest among cabinet manufacturers in satisfying customers, according to the J.D. Power and Associates 2009 Cabinet Satisfaction Study(SM) released today.
The study, now in its third year, measures customer satisfaction with cabinets based on evaluations in five factors (in order of importance): ordering and delivery; price; operational performance; design features; and warranty. Customers may have installed the cabinets themselves or with help from family and friends; hired an independent contractor or remodeler; used an installation service provided by a home improvement retailer; or used an installation service provided by the product manufacturer. Read more.
News You Can Use - Trends and Numbers
Movement To Expand Home Buyer Tax Credit Gains Steam
Some federal bills would increase amount available for all buyers. But budget deficits raise questions about the extent of state programs, particularly in California.
Some federal bills would increase amount available for all buyers. But budget deficits raise questions about the extent of state programs, particularly in California.
Source: BUILDER Online
By John Caulfield
Pressure on lawmakers to extend and increase the federal tax credit for home buyers has intensified in recent weeks. Congressional committees are now weighing no fewer than seven housing tax credit-related bills. Prominent business groups have lent their support for such measures. And governors of several states have authorized their own tax credits or advances on the federal credit. So far, though, only lawmakers in California have indicated they'd like to see their state's largesse extend beyond this year. Read more.
Pressure on lawmakers to extend and increase the federal tax credit for home buyers has intensified in recent weeks. Congressional committees are now weighing no fewer than seven housing tax credit-related bills. Prominent business groups have lent their support for such measures. And governors of several states have authorized their own tax credits or advances on the federal credit. So far, though, only lawmakers in California have indicated they'd like to see their state's largesse extend beyond this year. Read more.
A price index of lumber and panels used in actual construction for June 26, 2009
*Western - regional species perimeter foundation; Southern - regional species slab construction.
Crow's Market Recap -- A condensed recap of the market conditions for the major North American softwood lumber and panel products as reported in Crow’s Weekly Market Report. Read more.
*Western - regional species perimeter foundation; Southern - regional species slab construction.
Crow's Market Recap -- A condensed recap of the market conditions for the major North American softwood lumber and panel products as reported in Crow’s Weekly Market Report. Read more.
Builders Indicate 'Cautious Optimism'
Sales, traffic improving even in move-up and active adult markets
Sales, traffic improving even in move-up and active adult markets
Source: BUILDER Online
By Alison Rice
The mood of the moment for builders? Cautious optimism. At the Jones Company of Tennessee, traffic has improved in May and June compared to the early months of 2009. "We are cautiously optimistic," said Bridget Wright, marketing director for the Franklin, Tenn.-based firm. Read more.
The mood of the moment for builders? Cautious optimism. At the Jones Company of Tennessee, traffic has improved in May and June compared to the early months of 2009. "We are cautiously optimistic," said Bridget Wright, marketing director for the Franklin, Tenn.-based firm. Read more.
Poised for a Comeback
The window industry's annual market report contains both good news and bad
The window industry's annual market report contains both good news and bad
Source: REPLACEMENT CONTRACTOR Magazine
With housing starts down in double digits for 2008, the window industry could hardly expect to be booming. And guess what? It's not.The recently released "2008/2009 AAMA/WDMA U.S. National Statistical Review and Forecast," a numbingly thorough examination of the door, window, and skylight industry's trends and prospects, found little to celebrate. Read more.
Existing-Home Sales Rise in May
Sales of existing homes showed another gain in May, benefiting from favorable affordability conditions and a first-time buyer tax credit, according to the National Association of Realtors®. May's increase was the first back-to-back monthly gain since September 2005.
Sales of existing homes showed another gain in May, benefiting from favorable affordability conditions and a first-time buyer tax credit, according to the National Association of Realtors®. May's increase was the first back-to-back monthly gain since September 2005.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 2.4 percent to a seasonally adjusted annual rate1 of 4.77 million units in May from a downwardly revised level of 4.66 million units in April, but remained 3.6 percent below the 4.95 million-unit pace in May 2008. Read more.
Harvard's 2009 State of the Nation's Housing Report Sees Challenges to Recovery, But Strong Future Demand
The worst housing downturn in generations continues to grind on, finds a study released today by the Joint Center for Housing Studies of Harvard University. Despite some stabilization in homebuilding and home sales in the spring, real home prices continued to fall and foreclosures mount in most areas in the first quarter of the 2009. With mortgage interest rates heading higher in June and the economy still contracting, a sustained recovery for housing still faces an uphill climb. “Although there are some signs of improvement or at least steadiness in new construction and sales,” says Nicolas P. Retsinas, Director of the Joint Center, “housing starts stand near 60+ year lows and any life in home sales is coming from distressed foreclosure sales, temporary first-time buyer tax credits, and low interest rates that moved higher in recent weeks.” Read more.
The worst housing downturn in generations continues to grind on, finds a study released today by the Joint Center for Housing Studies of Harvard University. Despite some stabilization in homebuilding and home sales in the spring, real home prices continued to fall and foreclosures mount in most areas in the first quarter of the 2009. With mortgage interest rates heading higher in June and the economy still contracting, a sustained recovery for housing still faces an uphill climb. “Although there are some signs of improvement or at least steadiness in new construction and sales,” says Nicolas P. Retsinas, Director of the Joint Center, “housing starts stand near 60+ year lows and any life in home sales is coming from distressed foreclosure sales, temporary first-time buyer tax credits, and low interest rates that moved higher in recent weeks.” Read more.
New Home Sales Fall in May
Sales of new one-family houses in May 2009 were at a seasonally adjusted annual rate of 342,000, 0.6 percent below the revised April rate of 344,000, according to estimates released by the U.S. Census Bureau. The performance is 32.8 percent below the May 2008 estimate of 509,000. Read more.
Sales of new one-family houses in May 2009 were at a seasonally adjusted annual rate of 342,000, 0.6 percent below the revised April rate of 344,000, according to estimates released by the U.S. Census Bureau. The performance is 32.8 percent below the May 2008 estimate of 509,000. Read more.
Tuesday, June 23, 2009
News You Can Use - Trends and Numbers
Market Recap: RISI Crow’s House Residential Framing Index
A price index of lumber and panels used in actual construction for June 19, 2009
*Western - regional species perimeter foundation; Southern - regional species slab construction.
Crow's Market Recap -- A condensed recap of the market conditions for the major North American softwood lumber and panel products as reported in Crow’s Weekly Market Report. Read more.
Despite Programs, Stabilzing Housing Market May Prove Difficult, Officials Warn
Source: The Philadelphia InquirerPublication date: June 21, 2009
By Alan J. Heavens, The Philadelphia Inquirer
Government officials and other observers agree that the U.S. housing market cannot recover until the foreclosure crisis is solved and a regulatory system is put in place that ensures no repeat of the lending debacle that caused it.
Yet the remarks of Obama administration officials and consumer advocates at a conference of real estate writers and editors here suggest that the very depth of the crisis means a resolution is far from close in coming. Read more.
State of the Nation's Housing
A study released today by the Joint Center for Housing Studies of Harvard University finds that the housing downturn -- the worst in generations -- continues to grind on.
The positive news is there has been some stabilization in home building and home sales in the spring. Also, long-term demographics for future demand are strong. But real home prices continued to fall, and foreclosures mount in most areas in the first quarter of 2009. With mortgage interest rates heading higher in June and the economy still contracting, a sustained recovery for housing still faces an uphill climb, according to the report.
“Although there are some signs of improvement or at least steadiness in new construction and sales,” said Nicolas Retsinas, director of the Joint Center, “housing starts stand near 60+ year lows, and any life in home sales is coming from distressed foreclosure sales, temporary first-time buyer tax credits, and low interest rates that moved higher in recent weeks.” Read more.
Dealers Surge in Popularity Among Small Remodelers
HIRI study finds LBMs now top big boxes, but the economy may be warping the results
Source: PROSALES Information ServicePublication date: 2009-06-22
By Craig Webb
LBM operations nosed out big-box stores to become the preferred shopping source for small, general-service remodelers in 2008, a new study by the Home Improvement Research Institute (HIRI) finds. But the study's author believes the economic slump figured heavily in the swing, and he notes that specialty remodelers continue to rank LBMs fourth in popularity behind wholesalers, specialty suppliers and the big boxes.
HIRI based its just-released findings on a telephone survey earlier this year of 538 general and 1,203 specialty remodelers. The poll also carved out results from 100 Hispanic-owned general contractors, who unlike their non-Hispanic counterparts tended to be much more loyal to the big boxes.
'Vanilla' home loans could benefit borrowers
Source: Associated Press/AP
By ALAN ZIBEL
If President Barack Obama gets his way, consumers who take out mortgages would automatically get a "plain vanilla" loan - such as a traditional 30-year fixed-rate mortgage - unless they opted for a riskier variety.
Obama's plan to revamp financial regulation aims to protect borrowers from the confusing and high-risk mortgages that fed a pandemic of delinquencies and foreclosures, led to the worst financial crisis in decades and thrust the nation into a deep recession.
Obama is expecting opposition to the plan, and cautioned Saturday in his radio address, "While I'm not spoiling for a fight, I'm ready for one."
Government officials want to make the process of getting a mortgage as simple and abuse-free as signing up for a retirement savings plan: A growing number of companies now automatically enroll new employees in 401(k) plans unless they opt out. Read more.
Fed unlikely to try new aids for economy, for now
Source: Associated Press
By JEANNINE AVERSA
With the recession easing, Federal Reserve policymakers are unlikely to launch any major new efforts to revive the economy when they meet this week. Instead, Fed Chairman Ben Bernanke and his colleagues, wary of overdoing the stimulus medicine and fanning inflation later, are expected to stand pat, economists say.
The Fed has taken unprecedented steps to try to lift the country out of recession. They include a bold effort announced in March to plow $1.2 trillion into the economy in an attempt to lower interest rates and spur more spending by Americans.
"There are a lot of good signs that an economic recovery could get under way later this year, and with inflation currently low, the Fed for now has the luxury of sitting back and watching this recovery unfold," said John Silvia, chief economist at Wachovia. Read more.
A price index of lumber and panels used in actual construction for June 19, 2009
*Western - regional species perimeter foundation; Southern - regional species slab construction.
Crow's Market Recap -- A condensed recap of the market conditions for the major North American softwood lumber and panel products as reported in Crow’s Weekly Market Report. Read more.
Despite Programs, Stabilzing Housing Market May Prove Difficult, Officials Warn
Source: The Philadelphia InquirerPublication date: June 21, 2009
By Alan J. Heavens, The Philadelphia Inquirer
Government officials and other observers agree that the U.S. housing market cannot recover until the foreclosure crisis is solved and a regulatory system is put in place that ensures no repeat of the lending debacle that caused it.
Yet the remarks of Obama administration officials and consumer advocates at a conference of real estate writers and editors here suggest that the very depth of the crisis means a resolution is far from close in coming. Read more.
State of the Nation's Housing
A study released today by the Joint Center for Housing Studies of Harvard University finds that the housing downturn -- the worst in generations -- continues to grind on.
The positive news is there has been some stabilization in home building and home sales in the spring. Also, long-term demographics for future demand are strong. But real home prices continued to fall, and foreclosures mount in most areas in the first quarter of 2009. With mortgage interest rates heading higher in June and the economy still contracting, a sustained recovery for housing still faces an uphill climb, according to the report.
“Although there are some signs of improvement or at least steadiness in new construction and sales,” said Nicolas Retsinas, director of the Joint Center, “housing starts stand near 60+ year lows, and any life in home sales is coming from distressed foreclosure sales, temporary first-time buyer tax credits, and low interest rates that moved higher in recent weeks.” Read more.
Dealers Surge in Popularity Among Small Remodelers
HIRI study finds LBMs now top big boxes, but the economy may be warping the results
Source: PROSALES Information ServicePublication date: 2009-06-22
By Craig Webb
LBM operations nosed out big-box stores to become the preferred shopping source for small, general-service remodelers in 2008, a new study by the Home Improvement Research Institute (HIRI) finds. But the study's author believes the economic slump figured heavily in the swing, and he notes that specialty remodelers continue to rank LBMs fourth in popularity behind wholesalers, specialty suppliers and the big boxes.
HIRI based its just-released findings on a telephone survey earlier this year of 538 general and 1,203 specialty remodelers. The poll also carved out results from 100 Hispanic-owned general contractors, who unlike their non-Hispanic counterparts tended to be much more loyal to the big boxes.
'Vanilla' home loans could benefit borrowers
Source: Associated Press/AP
By ALAN ZIBEL
If President Barack Obama gets his way, consumers who take out mortgages would automatically get a "plain vanilla" loan - such as a traditional 30-year fixed-rate mortgage - unless they opted for a riskier variety.
Obama's plan to revamp financial regulation aims to protect borrowers from the confusing and high-risk mortgages that fed a pandemic of delinquencies and foreclosures, led to the worst financial crisis in decades and thrust the nation into a deep recession.
Obama is expecting opposition to the plan, and cautioned Saturday in his radio address, "While I'm not spoiling for a fight, I'm ready for one."
Government officials want to make the process of getting a mortgage as simple and abuse-free as signing up for a retirement savings plan: A growing number of companies now automatically enroll new employees in 401(k) plans unless they opt out. Read more.
Fed unlikely to try new aids for economy, for now
Source: Associated Press
By JEANNINE AVERSA
With the recession easing, Federal Reserve policymakers are unlikely to launch any major new efforts to revive the economy when they meet this week. Instead, Fed Chairman Ben Bernanke and his colleagues, wary of overdoing the stimulus medicine and fanning inflation later, are expected to stand pat, economists say.
The Fed has taken unprecedented steps to try to lift the country out of recession. They include a bold effort announced in March to plow $1.2 trillion into the economy in an attempt to lower interest rates and spur more spending by Americans.
"There are a lot of good signs that an economic recovery could get under way later this year, and with inflation currently low, the Fed for now has the luxury of sitting back and watching this recovery unfold," said John Silvia, chief economist at Wachovia. Read more.
Tuesday, June 16, 2009
News You Can Use - Who's In, Who's Out
Southern Energy Homes to acquire Cavalier Homes
Cavalier Homes has announced that its board of directors has entered into a definitive merger agreement for the company to be acquired by Addison, Ala.-based Southern Energy Homes, a wholly owned subsidiary of Clayton Homes.
Terms of the agreement call for the payment of $2.75 cash for each outstanding share of common stock. Read more.
Stock to Exit Chapter 11
(Jun. 16) Stock Building Supply has announced the confirmation of its Chapter 11 reorganization plan by the U.S. Bankruptcy Court for the District of Delaware. The court order paves the way for the Raleigh, N.C.-based company to emerge from bankruptcy protection in the coming weeks, the announcement said. Read more.
Building Materials Holding Corporation Enters Chapter 11
As part of its restructuring plan, America's sixth-biggest LBM operation said it has received $80 million in debtor-in-possession financing from Wells Fargo and other lenders.
Source: PROSALES Information ServicePublication date: June 16, 2009
By Andy Carlo
Building Materials Holding Corporation revealed today (Tuesday) that it has "voluntarily" entered Chapter 11 in U.S. Bankruptcy Court in Delaware, according to a statement issued by the Boise, Idaho-based dealer and construction services provider. Read more.
Cavalier Homes has announced that its board of directors has entered into a definitive merger agreement for the company to be acquired by Addison, Ala.-based Southern Energy Homes, a wholly owned subsidiary of Clayton Homes.
Terms of the agreement call for the payment of $2.75 cash for each outstanding share of common stock. Read more.
Stock to Exit Chapter 11
(Jun. 16) Stock Building Supply has announced the confirmation of its Chapter 11 reorganization plan by the U.S. Bankruptcy Court for the District of Delaware. The court order paves the way for the Raleigh, N.C.-based company to emerge from bankruptcy protection in the coming weeks, the announcement said. Read more.
Building Materials Holding Corporation Enters Chapter 11
As part of its restructuring plan, America's sixth-biggest LBM operation said it has received $80 million in debtor-in-possession financing from Wells Fargo and other lenders.
Source: PROSALES Information ServicePublication date: June 16, 2009
By Andy Carlo
Building Materials Holding Corporation revealed today (Tuesday) that it has "voluntarily" entered Chapter 11 in U.S. Bankruptcy Court in Delaware, according to a statement issued by the Boise, Idaho-based dealer and construction services provider. Read more.
News You Can Use - Trends and Studies
Survey Sets Median Pro Dealer's Margin at 26.62%
Last year's median pretax profit was just 0.62%, latest Cost of Doing Business Report finds
Source: PROSALES Information ServicePublication date: June 16, 2009
By Craig Webb
The median pro-oriented building material dealer posted a gross margin of 26.62% and a pretax profit of just 0.62%, the 2009 Cost of Doing Business Report (CODB) reveals. Read more.
Housing starts climb in May
(Jun. 16) After receiving disappointing housing-starts stats for March and April, the industry received some good news for May, when starts jumped 17.2% to a seasonally adjusted annual rate of 532,000, according to data released Tuesday by the Department of Commerce. Single-family starts increased 7.5% to a rate of 401,000 -- cracking the 400,000 mark for the first time since November 2008.
The numbers looked good compared with April's all-time low rate of 458,000, however, both metrics are well below a year ago. Total starts were down 45.2%, and single-family starts were down 40.9%, compared with May 2008. Read more.
Builder Confidence Slips One Point in June
NAHB says housing market and economy are "fragile."
Source: BUILDER OnlinePublication date: June 15, 2009
By Alison Rice
Builders' confidence in the housing market wobbled in June, according to the NAHB/Wells Fargo Housing Market Index (HMI) released today.
The monthly index, which measures builders' assessment of buyer traffic as well as current and future sales, dipped one point this month to a reading of 15. "As expected, the housing market continues to bump along trying to find a bottom," said David Crowe, NAHB's chief economist, in a statement. Read more.
Retail sales down 4.7% from last year
(Jun. 11) According to the National Retail Federation, retail industry sales for May (which exclude automobiles, gas stations and restaurants) increased 0.2% seasonally adjusted from April but dropped 4.7% unadjusted over last year.
May retail sales released today by the U.S. Commerce Department show total retail sales (which include non-general merchandise categories such as autos, gasoline stations and restaurants) increased 0.5% seasonally adjusted over April and decreased 11.1% unadjusted year-over-year.
“With no direct stimulus for consumers this year, retailers were left with tougher comparisons, making May retail sales appear weak,” said NRF chief economist Rosalind Wells. “However, a slight sales increase from April provides hope that the economic turnaround may not be that far off.” Read more.
New Index Foresees Recession's End
Source: USA TODAYPublication date: June 11, 2009
By John Waggoner
The recession likely will end in September and be followed by a mild recovery, according to the new USA TODAY/IHS Global Insight economic outlook index.
But despite Federal Reserve Chairman Ben Bernanke's recent talk of the economy's "green shoots," few are confident prosperity is near. And the Fed's "beige book" report released Wednesday, a look at the nation's regional economies, says that the economy remained generally weak in April and May. Read more.
Foreclosure Rate Dips in May
Source: USA TODAYPublication date: June 11, 2009
By Stephanie Armour
The pace of foreclosures remains at a historic high and mortgage demand is tumbling as interest rates climb, reflecting a wobbly housing recovery that could falter if rates continue to rise.
While foreclosure filings dipped 6% in May compared with a month earlier, the overall pace of foreclosures was still the third-highest month on record, according to a report today from RealtyTrac. Foreclosure filings were reported on 321,480 homes during May, an increase of 18% from May 2008. One in every 398 homes received a foreclosure filing last month. Read more.
Last year's median pretax profit was just 0.62%, latest Cost of Doing Business Report finds
Source: PROSALES Information ServicePublication date: June 16, 2009
By Craig Webb
The median pro-oriented building material dealer posted a gross margin of 26.62% and a pretax profit of just 0.62%, the 2009 Cost of Doing Business Report (CODB) reveals. Read more.
Housing starts climb in May
(Jun. 16) After receiving disappointing housing-starts stats for March and April, the industry received some good news for May, when starts jumped 17.2% to a seasonally adjusted annual rate of 532,000, according to data released Tuesday by the Department of Commerce. Single-family starts increased 7.5% to a rate of 401,000 -- cracking the 400,000 mark for the first time since November 2008.
The numbers looked good compared with April's all-time low rate of 458,000, however, both metrics are well below a year ago. Total starts were down 45.2%, and single-family starts were down 40.9%, compared with May 2008. Read more.
Builder Confidence Slips One Point in June
NAHB says housing market and economy are "fragile."
Source: BUILDER OnlinePublication date: June 15, 2009
By Alison Rice
Builders' confidence in the housing market wobbled in June, according to the NAHB/Wells Fargo Housing Market Index (HMI) released today.
The monthly index, which measures builders' assessment of buyer traffic as well as current and future sales, dipped one point this month to a reading of 15. "As expected, the housing market continues to bump along trying to find a bottom," said David Crowe, NAHB's chief economist, in a statement. Read more.
Retail sales down 4.7% from last year
(Jun. 11) According to the National Retail Federation, retail industry sales for May (which exclude automobiles, gas stations and restaurants) increased 0.2% seasonally adjusted from April but dropped 4.7% unadjusted over last year.
May retail sales released today by the U.S. Commerce Department show total retail sales (which include non-general merchandise categories such as autos, gasoline stations and restaurants) increased 0.5% seasonally adjusted over April and decreased 11.1% unadjusted year-over-year.
“With no direct stimulus for consumers this year, retailers were left with tougher comparisons, making May retail sales appear weak,” said NRF chief economist Rosalind Wells. “However, a slight sales increase from April provides hope that the economic turnaround may not be that far off.” Read more.
New Index Foresees Recession's End
Source: USA TODAYPublication date: June 11, 2009
By John Waggoner
The recession likely will end in September and be followed by a mild recovery, according to the new USA TODAY/IHS Global Insight economic outlook index.
But despite Federal Reserve Chairman Ben Bernanke's recent talk of the economy's "green shoots," few are confident prosperity is near. And the Fed's "beige book" report released Wednesday, a look at the nation's regional economies, says that the economy remained generally weak in April and May. Read more.
Foreclosure Rate Dips in May
Source: USA TODAYPublication date: June 11, 2009
By Stephanie Armour
The pace of foreclosures remains at a historic high and mortgage demand is tumbling as interest rates climb, reflecting a wobbly housing recovery that could falter if rates continue to rise.
While foreclosure filings dipped 6% in May compared with a month earlier, the overall pace of foreclosures was still the third-highest month on record, according to a report today from RealtyTrac. Foreclosure filings were reported on 321,480 homes during May, an increase of 18% from May 2008. One in every 398 homes received a foreclosure filing last month. Read more.
Tuesday, June 9, 2009
News You Can Use - Running Your Business
Firing Line: Check Mate
Source: PROSALES Magazine
Publication date: June 10, 2009
By Tad Troilo
"I know my account is overdue," Rick told me on the phone before I even said hello. "But I can't pay you yet."
"Why not?" I asked.
"Because one of my customers can't pay me yet," he explained.
I asked him to follow up and let me know when he thought he could clean things up, and he told me he would call the customer who owed him money right now.
We hung up. My phone rang. It was Rick.
"I'm calling to see when you can pay me," he said.
"Why am I paying you?" I asked.
"Because your account is past due."
"I think you are confusing me with you," I told him. Read more.
New Dimensions: A Popular Dilemma
Even as you cut staff, invest in those remaining so you'll be ready for housing's recovery.
Source: PROSALES MagazinePublication date: June 10, 2009
By Mike Butts
After several recent conversations with clients and friends, I have to admit something to you: I'm a bit frightened about our future, but not because it's so hard to tell when housing construction will revive. Let me explain.
An industry friend and I recently were discussing ProSales' list of facility closings and how many of them were clients of mine and also located in my friend's region. Soon we were discussing the impact this would have on our industry as a whole. Later, I made a few other calls to suppliers, manufacturers, and other members of our supply chain. The results were astounding. Read more.
Source: PROSALES Magazine
Publication date: June 10, 2009
By Tad Troilo
"I know my account is overdue," Rick told me on the phone before I even said hello. "But I can't pay you yet."
"Why not?" I asked.
"Because one of my customers can't pay me yet," he explained.
I asked him to follow up and let me know when he thought he could clean things up, and he told me he would call the customer who owed him money right now.
We hung up. My phone rang. It was Rick.
"I'm calling to see when you can pay me," he said.
"Why am I paying you?" I asked.
"Because your account is past due."
"I think you are confusing me with you," I told him. Read more.
New Dimensions: A Popular Dilemma
Even as you cut staff, invest in those remaining so you'll be ready for housing's recovery.
Source: PROSALES MagazinePublication date: June 10, 2009
By Mike Butts
After several recent conversations with clients and friends, I have to admit something to you: I'm a bit frightened about our future, but not because it's so hard to tell when housing construction will revive. Let me explain.
An industry friend and I recently were discussing ProSales' list of facility closings and how many of them were clients of mine and also located in my friend's region. Soon we were discussing the impact this would have on our industry as a whole. Later, I made a few other calls to suppliers, manufacturers, and other members of our supply chain. The results were astounding. Read more.
News You Can Use - The Many Shades of Green
Green Goods: Countdown to Quality
Green expert Mark LaLiberte shows how to help builders avoid the top five errors on energy, resource efficiency, and health.
Source: PROSALES MagazinePublication date: June 10, 2009
By Mark LaLiberte
I'll be the first to admit that the basic building science details of a solidly built home aren't quite as sexy as green features like bamboo floors and solar photovoltaic panels. Even so, we need to get away from the idea that a green home is just about the products. While new green products are great, they're only "lipstick on a pig" if the home isn't also energy efficient, built to last, healthy, safe, and affordable to maintain. Read more.
Spiral Bound: What standards do dealers and distributors use to recommend green products?
ProSales found stark differences. And the deeper you go into the selection process, the trickier the choices get.
By Rich Binsacca
When contractors come to Ridgefield Supply for green building products, they often get more than they bargained for–and thankfully so. That's because Margaret Sims, vice president of the single-location dealer serving the New York City suburbs, has made herself and several of her sales staff experts on building science, sustainable practices, and products that promote that goal. "Our customer base is very confused about the green movement," says Sims. "They're getting tired of hearing conflicting information." Read more.
First Remodeled Home Certified To The National Green Building Standard
A recently completed remodeling project in Munster, Ind. is the first home remodel to earn certification under the National Green Building Standard, the National Association of Home Builders (NAHB) announced today.
The 1,100-square-foot ranch home built in 1974 was renovated by Lyng Builders, a Franklin, Ill., custom home building and remodeling company, after floodwaters filled the basement as well as two feet of the first floor.
Working within a tight budget to repair substantial structural damage, Lyng Builders also persuaded the home owner to make improvements that can help save on utility bills by decreasing energy and water consumption and to obtain national green certification through the NAHB Research Center, which trains and accredits third-party inspectors.
For projects to be certified, remodelers must address a range of factors, including energy, resource and water efficiency and indoor environmental quality in the newly renovated home. Read more.
Green expert Mark LaLiberte shows how to help builders avoid the top five errors on energy, resource efficiency, and health.
Source: PROSALES MagazinePublication date: June 10, 2009
By Mark LaLiberte
I'll be the first to admit that the basic building science details of a solidly built home aren't quite as sexy as green features like bamboo floors and solar photovoltaic panels. Even so, we need to get away from the idea that a green home is just about the products. While new green products are great, they're only "lipstick on a pig" if the home isn't also energy efficient, built to last, healthy, safe, and affordable to maintain. Read more.
Spiral Bound: What standards do dealers and distributors use to recommend green products?
ProSales found stark differences. And the deeper you go into the selection process, the trickier the choices get.
By Rich Binsacca
When contractors come to Ridgefield Supply for green building products, they often get more than they bargained for–and thankfully so. That's because Margaret Sims, vice president of the single-location dealer serving the New York City suburbs, has made herself and several of her sales staff experts on building science, sustainable practices, and products that promote that goal. "Our customer base is very confused about the green movement," says Sims. "They're getting tired of hearing conflicting information." Read more.
First Remodeled Home Certified To The National Green Building Standard
A recently completed remodeling project in Munster, Ind. is the first home remodel to earn certification under the National Green Building Standard, the National Association of Home Builders (NAHB) announced today.
The 1,100-square-foot ranch home built in 1974 was renovated by Lyng Builders, a Franklin, Ill., custom home building and remodeling company, after floodwaters filled the basement as well as two feet of the first floor.
Working within a tight budget to repair substantial structural damage, Lyng Builders also persuaded the home owner to make improvements that can help save on utility bills by decreasing energy and water consumption and to obtain national green certification through the NAHB Research Center, which trains and accredits third-party inspectors.
For projects to be certified, remodelers must address a range of factors, including energy, resource and water efficiency and indoor environmental quality in the newly renovated home. Read more.
News You Can Use - On Technology
New Lien Writer 9.1.5.1 Software Released
The latest version of Lien Writer, the premier program for Mechanic's Lien paperwork has just been released on the web. Read more.
Huber Engineered Woods Launches Sweepstakes to Promote New Website
Huber Engineered Woods LLC, a manufacturer of innovative building solutions, is launching an online sweepstakes at http://www.advantechcashgiveaway.com/ where contestants can register to win up to $5,000 from May 25 through July 31, 2009. One grand prize of $5,000 will be awarded, and five runner ups will receive a prize of $1,000 each. Winners will be notified on Aug. 30, 2009.
AdvanTechperforms.com is a newly launched Web site designed to help builders, retailers, architects and homeowners distinguish the superior benefits and performance of Huber Engineered Woods' AdvanTech flooring, sheathing and rim board from competing products. The Web site uses unique and engaging content to demonstrate the strength, moisture resistance and quality that make AdvanTech an unmatched building resource. Read more.
How 'Information Modeling' Is Affecting Your Work
Source: Contractor`s Business Management ReportPublication date: June 1, 2009By Miletsky, Robert
Information modeling offers con- tractors and owners a wealth of information on a project. Whether renovating or "restoring" an existing structure or building from scratch, it is clear that modeling offers signifi- cant advantages over the now "old- fashioned" method of reviewing the rolled-up plans and six-inch- wide book of specifications and building off of these items. Yet modeling has encountered significant roadblocks on its way toward gaining wider ac- ceptance and use. And the ability of modeling to overcome these bumps will go a long way toward determining how effective it will be and how useful it will be to contractors. These issues became clear at the American Institute of Architects (AIA - www.AIA.org) Annual Convention in San Francisco at the beginning of May, and from a conversation with Phillip G. Bernstein, FAIA, RIBA, LEED AP, and vice president, Autodesk Inc., www.autodesk.com. What are these roadblocks and what can you expect to see in the near future with respect to modeling? Read more.
The latest version of Lien Writer, the premier program for Mechanic's Lien paperwork has just been released on the web. Read more.
Huber Engineered Woods Launches Sweepstakes to Promote New Website
Huber Engineered Woods LLC, a manufacturer of innovative building solutions, is launching an online sweepstakes at http://www.advantechcashgiveaway.com/ where contestants can register to win up to $5,000 from May 25 through July 31, 2009. One grand prize of $5,000 will be awarded, and five runner ups will receive a prize of $1,000 each. Winners will be notified on Aug. 30, 2009.
AdvanTechperforms.com is a newly launched Web site designed to help builders, retailers, architects and homeowners distinguish the superior benefits and performance of Huber Engineered Woods' AdvanTech flooring, sheathing and rim board from competing products. The Web site uses unique and engaging content to demonstrate the strength, moisture resistance and quality that make AdvanTech an unmatched building resource. Read more.
How 'Information Modeling' Is Affecting Your Work
Source: Contractor`s Business Management ReportPublication date: June 1, 2009By Miletsky, Robert
Information modeling offers con- tractors and owners a wealth of information on a project. Whether renovating or "restoring" an existing structure or building from scratch, it is clear that modeling offers signifi- cant advantages over the now "old- fashioned" method of reviewing the rolled-up plans and six-inch- wide book of specifications and building off of these items. Yet modeling has encountered significant roadblocks on its way toward gaining wider ac- ceptance and use. And the ability of modeling to overcome these bumps will go a long way toward determining how effective it will be and how useful it will be to contractors. These issues became clear at the American Institute of Architects (AIA - www.AIA.org) Annual Convention in San Francisco at the beginning of May, and from a conversation with Phillip G. Bernstein, FAIA, RIBA, LEED AP, and vice president, Autodesk Inc., www.autodesk.com. What are these roadblocks and what can you expect to see in the near future with respect to modeling? Read more.
News You Can Use - Product Information
PRODUCT INFORMATION
Product Monitor: Siding
Accentuate the Positive: Pairing inexpensive siding with accents and unique materials can boost curb appeal.
Source: PROSALES MagazinePublication date: June 10, 2009
By Victoria Markovitz
When customers want siding on the cheap, it's difficult to persuade them that paying more can bring worthwhile results. There's an alternative, however. Some manufacturers and dealers are seeing builders pair basic siding choices, such as lower-end vinyl and fiber cement, with exterior accents to create a higher-end look. Read more.
Accentuate the Positive: Pairing inexpensive siding with accents and unique materials can boost curb appeal.
Source: PROSALES MagazinePublication date: June 10, 2009
By Victoria Markovitz
When customers want siding on the cheap, it's difficult to persuade them that paying more can bring worthwhile results. There's an alternative, however. Some manufacturers and dealers are seeing builders pair basic siding choices, such as lower-end vinyl and fiber cement, with exterior accents to create a higher-end look. Read more.
Wednesday, May 20, 2009
News You Can Use
Gov't expands housing plan, off to slow start
Source: Associated Press/AP OnlinePublication date: May 14, 2009
By ALAN ZIBEL
For the past two months Rose Inman hoped she could benefit from President Barack Obama's plan to help homeowners avoid foreclosure. Now it appears to be too late.
Aurora Loan Services is set to foreclose on her home overlooking Seattle's Puget Sound on Friday. Despite numerous calls, e-mails and letters, she says she's only been able to have one phone conversation with a company representative. Read more.
75% in Survey Think Worst is Over in Housing Slump
Source: The Dallas Morning NewsPublication date: May 14, 2009
By Steve Brown, The Dallas Morning News
Three out of four U.S. homeowners think the worst is over in the housing market.
And half of the homeowners in Southern states -- including Texas -- say home prices will stabilize in their areas in the next six months, according to a new survey by Zillow.com.
Researchers for the Internet real estate marketing company quizzed almost 1,400 homeowners around the country in early April about where they thought the housing market was headed. Read more.
From the National Association of Credit Managers (NACM)
FTC Releases "Red Flags" Template for Entities That Have Low-risk of Identity Theft
To help entities that have a low risk of identity theft – such as businesses that know their customers personally – the Federal Trade Commission has created a template that guides such businesses and organizations in developing written identity theft prevention programs to comply with the Red Flags Rule. “Create Your Own Identity Theft Prevention Program: A Guided 4-Step Process,” is available at www.ftc.gov/bcp/edu/microsites/redflagsrule/get-started.shtm. The template has guidance and instructions that enable companies to complete and print the fill-in-the-blank form online. Under the Fair and Accurate Credit Transactions Act of 2003, the Rule requires many businesses and organizations to implement a written Identity Theft Prevention Program to detect the warning signs (“red flags”) of identity theft. By identifying red flags, these entities will be in a better position to spot an imposter trying to defraud them by using someone else’s identity to get products and services.
Find templates here.
Source: Associated Press/AP OnlinePublication date: May 14, 2009
By ALAN ZIBEL
For the past two months Rose Inman hoped she could benefit from President Barack Obama's plan to help homeowners avoid foreclosure. Now it appears to be too late.
Aurora Loan Services is set to foreclose on her home overlooking Seattle's Puget Sound on Friday. Despite numerous calls, e-mails and letters, she says she's only been able to have one phone conversation with a company representative. Read more.
75% in Survey Think Worst is Over in Housing Slump
Source: The Dallas Morning NewsPublication date: May 14, 2009
By Steve Brown, The Dallas Morning News
Three out of four U.S. homeowners think the worst is over in the housing market.
And half of the homeowners in Southern states -- including Texas -- say home prices will stabilize in their areas in the next six months, according to a new survey by Zillow.com.
Researchers for the Internet real estate marketing company quizzed almost 1,400 homeowners around the country in early April about where they thought the housing market was headed. Read more.
From the National Association of Credit Managers (NACM)
FTC Releases "Red Flags" Template for Entities That Have Low-risk of Identity Theft
To help entities that have a low risk of identity theft – such as businesses that know their customers personally – the Federal Trade Commission has created a template that guides such businesses and organizations in developing written identity theft prevention programs to comply with the Red Flags Rule. “Create Your Own Identity Theft Prevention Program: A Guided 4-Step Process,” is available at www.ftc.gov/bcp/edu/microsites/redflagsrule/get-started.shtm. The template has guidance and instructions that enable companies to complete and print the fill-in-the-blank form online. Under the Fair and Accurate Credit Transactions Act of 2003, the Rule requires many businesses and organizations to implement a written Identity Theft Prevention Program to detect the warning signs (“red flags”) of identity theft. By identifying red flags, these entities will be in a better position to spot an imposter trying to defraud them by using someone else’s identity to get products and services.
Find templates here.
Subscribe to:
Posts (Atom)
