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Patios Outnumbered Decks on New Homes
By Jack Bjorklund / October 8, 2024While the percentage of new houses with patios is increasing, the percentage with decks has remained at a historic low of less than 18%, according to NAHB analysis of...
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US LBM Adds Florida’s Milton Truss
By Alex Matthews / October 1, 2024US LBM, a major distributor of specialist building materials in the United States, has acquired Milton Truss, a top manufacturer and distributor of structural construction components based in Florida....
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MITER Brands Divests ECO Window Systems
By Daniel Moore / October 1, 2024MITER Brands, a prominent manufacturer of high-quality windows and doors, announced the sale of its subsidiary, ECO Window Systems, to its original owners. MITER Brands’ decision to divest underscores...
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VERSATEX Expands VERSAWRAP Line with Realistic Woodgrain Finishes
By Glenn Pierce / October 1, 2024In addition to white, VERSATEX’s PVC column-wrap technology VERSAWRAP now available in realistic woodgrain finishes. A VERSATEX Building Products spokeswoman stated these treatments have been field-tested on the popular...
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Construction Job Market Rebounds
By Jack Bjorklund / October 1, 2024According to the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS), the number of open construction industry jobs rebounded in August after a period of slowdown...
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NAHB: What window and door features home buyers want?
By Jack Bjorklund / September 30, 2024A new NAHB study reveals that energy-efficient windows and a variety of door options are top priorities for homebuyers. The most recent NAHB study on home buyer preferences: What...
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Freddie Mac: Mortgage Rates Continue to Fall in September
By Jack Bjorklund / September 30, 2024Mortgage rates continued to fall in September, reaching levels last seen two years ago. According to Freddie Mac, the average rate for a 30-year fixed-rate mortgage decreased to 6.18%,...
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More Than Two-Thirds Of 2023 New Homes Built Have Porches
By Jack Bjorklund / September 26, 2024Porches remain the most prevalent exterior feature on new homes, according to NAHB analysis of the most recent data from the Survey of Construction (SOC, done by the US...
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Second-Home Areas Growing in Homebuilding Market
By Jack Bjorklund / September 9, 2024According to NAHB’s featured topic for the second quarter HBGI, second homes account for 17.5% of single-family and 8.6% of multifamily construction. The recent NAHB survey reveals that there...
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US LBM Adds Nix Door and Hardware
By Glenn Pierce / September 9, 2024US LBM, a leading distributor of specialist building materials in the United States, has acquired Nix Door and Hardware, a Dallas-Fort Worth-based company that provides bespoke building goods and...