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November
8, 2011
Green Remodeling
Program Bringing in Higher Appraisals for Pre-1980 Homes
Even as low
appraisals are slowing home sales and undermining contracts, an innovative
green remodeling program is bucking the trend and delivering solid results.
The G Home Program is a partnership between Lowe's Commercial Services, the
NAHB Research Center and G Street, a green remodeling firm based in
Scottsdale, Ariz.
Launched on Aug. 1, the program targets contractors, builders, Neighborhood
Stabilization Program recipients and organizations that remodel at least 10
pre-1980 homes annually.
A G Street team of professionals — including an ASID interior designer, a
licensed landscape architect, a RESNET-approved energy rater and a green
certification project manager — participates on every G Home renovation.
«« Read the whole story at Nation’s Building News.com. »»
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Improving Markets
Index Expands to 30 Metros in November
The number of
improving housing markets continued to expand for a third consecutive month
in November, rising from 23 to 30 on the latest National Association of Home
Builders/First American Improving Markets Index (IMI), released today. The
list dropped two metros and added nine new ones – Cheyenne, Wyo.; Corpus
Christi, Tex.; Davenport, Iowa.; Fort Collins,
Colo.; Hinesville, Ga.; Lima, Ohio; Monroe, La.; Tyler, Tex.; and
Williamsport, Pa.
The index identifies metropolitan areas that have shown improvement for at
least six months in housing permits, employment and housing prices. The
following metros were listed in November:
«« Read the whole story at www.NAHB.org. »»
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Sashco Keeps Their Commitment to the Independents
Nearly two decades
ago, Sashco made a public declaration not sell to
the Big Box stores in an effort to support the independent hardware, lumber
and building material supply, and other independently owned home
improvement retail stores. Today, Sashco has kept
their promise and products like Big Stretch, Lexel,
Through the Roof, Mor-Flexx and MildewFree Sealant* are still not found the Big Box
stores. For more information about Sashco
products visit our website at http://www.sashco.com or call 1-800-289-7290.
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Bill-Reducing Home
Improvements: Four's the Charm
On Wednesday,
sustainability-centric ad agency Shelton Group released the whopping (450
pages!) results of its seventh annual Energy Pulse study. The findings are revealing
- and slightly discouraging - particularly when it comes to the exact number
of energy-saving improvements that the average homeowner needs to perform
before he will start to see a drop in utility bills.
Turns out, that magic number is four.
Of the 1,502 Americans polled for the survey, those who had completed no less
than four home improvements like adding insulation or installing a more
efficient water heater reaped the financial benefits of lowered utility
bills. Those who performed an average of 2.3 improvements actually saw their
bills increase by as much as 10 to 30 percent. Ouch.
«« Read the whole story at MiamiHerald.com. »»
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A Green Home Built
At Market Cost
A custom homebuilder
in Dallas, Texas is proving that you don’t have to break the bank to build
green homes. Greenbrook Homes was recently awarded
a Leadership in Environmental and Energy Design (LEED) gold certification for
its latest project, 6218 Llano in Dallas, TX. The home was build at market cost.br>
The home’s design includes Water Sense Plumbing fixtures that reduce the
amount of water used. Drought tolerant landscaping was also implemented into
the home’s outdoor design to cut down on water use. Inside, low VOC paints,
stains and finishes were used to reduce the amount of pollutants and toxins
in the air.
«« Read the whole story at Earth Techling.com. »»
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Architectural Jury
Dubs Subfloor an “Elegant Problem Solver”
With its seemingly
simple solution to an age-old problem—OSB edge swell—Ainsworth’s pointSIX Flooring earned accolades in Architect
magazine’s prestigious R+D Awards. Click here to learn why the product’s
nearly imperceptible edge taper earned the jury’s praise—and can help
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INDUSTRY
Do it Best Corp. Returns $105.8 Million to Member-Owners
At the Do it Best October Market in Indianapolis, member-owners received
$105.8 million in combined rebates for the fiscal year.
Described as the highest rebate in the home-improvement co-op industry, Do it
Best Corp. surpassed the $100 million mark for the eighth consecutive year.
The Do it Best Corp. leadership team attributes this ongoing achievement to
operational efficiencies as well as improved sales. In fact, for its 2011
fiscal year, Do it Best Corp. reported increases across all sales categories,
with a 5.1% increase in overall profitability.
For fiscal year 2011, the co-op reported gross sales of $2.41 billion.
Despite significant pressures in health care and outbound freight costs,
expense increases were held to one-half of 1%. Gross sales per Do it Best
Corp. employee remained at what the company says is an industry-high $1.81
million.
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UPCOMING EVENTS
2011 and 2012
November 13-15 Specialty Tools & Fasteners Distributors Association (STAFDA)
35th Annual Convention, San Antonio, www.STAFDA.org
January 9-10 Northwestern Lumber Association (NLA) Building Products Expo, Hinkley, MN
January 25-27 Northeastern Retail Lumber Association (NRLA) Lumber &
Building Material Expo, Mashantucket, Conn., www.NRLA.org
February 8-9 Northwestern Lumber Association (NLA) Wisconsin Lumber Dealers
Convention, Wisconsin Dells, Wis. www.nlassn.org
February 8-10 Western Building Material Association (WBMA) 108th Annual
Convention, Tulalip, Wash., www.wbma.org,
360.943.3054
February 8-11 NAHB International Builders Show, Orlando, www.buildersshow.com
Got news? Send it to Rick@LBMJournal.com
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