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Existing-home sales slowed in June but remained at relatively elevated levels. Sales fell 5.1 percent to a seasonally adjusted annual rate of 5.37 million units in June from 5.66 million in May, but are 9.8 percent higher than the 4.89 million-unit pace in June 2009.
Online meeting tool increases efficiency, and impresses clients, too
Architect and builder must block and tackle together to bring the client home
Builder confidence in the market for newly built, single-family homes declined for a second consecutive month in July to its lowest level since April of 2009. Builders are reporting continuing consumer hesitancy regarding home purchases due to uncertainty in the overall economy and job markets. Favorable factors such as low mortgage rates, affordable prices, and demographic trends are believed to help revive consumer demand for new homes this year, and that new-home sales will improve by 10 percent in 2010 from 2009.
A bipartisan effort lead by Reps. Kurt Schrader and Bob Goodlatte and 79 representatives from 35 states is calling on the United States Green Building Council to change its Leadership in Energy and Environmental Design rating system to give credit to all of the major third-party forest certification systems in the United States. The letter noted that the LEED rating system excludes two of the largest third-party wood certification programs in the U.S. from its “certified wood credit.”
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Pella Corporation Trade Segment Manager Jarred Roy has earned the National Association of Home Builders (NAHB) Remodelers Chairman’s Award for Outstanding Service. As Pella’s trade segment manager, Roy develops and leads Pella’s trade marketing initiatives on behalf of the company’s branch network system in support of remodeler, builder, contractor and residential architect relationships.
CertainTeed has diverted more than 24 million pounds of waste from being landfilled by incorporating a high-recycled content in its insulation product. ToughGard 2 Textile Duct Liner contains 75 percent recycled content — the highest of any textile duct liner in the market.
Whirlpool launches an easy-to-use rebate finder tool on three of its brand Web sites – Whirlpool, Maytag and KitchenAid brands. By entering a local zip code and appliance type, the online tool instantly informs the consumer of the amount of applicable state rebates through the federal program.
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