News

April Private Residential Construction Spending Dips

Private residential construction spending declined for the third month in a row in April, driven by drops in single-family construction and home improvement projects. Compared to a year earlier, total residential spending was down 4.8%, with single-family spending falling 1.1% in April—ending a seven-month growth streak—and multifamily spending down 11.3% year-over-year. Elevated mortgage rates, material tariff concerns, and broader economic uncertainty continue to weigh heavily on the housing sector. Read More  

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Remodeling Trends Reflect Shifts in Homeowner Priorities

The residential remodeling industry is rapidly growing as homeowners seek more functional, sustainable and tech-integrated living spaces, with the market projected to hit $129.07 trillion by 2030. This shift goes beyond aesthetics, reflecting new lifestyles like remote work and eco-conscious living, leading to demand for innovations like energy-efficient materials and adaptable home designs. According to Danny’s Dry Wall, “Aging homes and rising property values driven by investors accounting for 14.8% of home purchases in early 2024 are sustaining demand. As budgets recover post-2024, homeowners are investing in remodels that enhance…

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NLBMDA ELDT Training Certification

What the LBM Industry Needs to Know About Entry-Level Driver Training Thursday, February 8 at 1:00 PM Eastern The National Lumber and Building Material Dealers Association (NLBMDA) has partnered with J. J. Keller & Associates, Inc. to offer members of the association an exclusive discount on certifying trainers in entry-level driver training. During this webinar, you will learn how to get your drivers on the road to success—and keep them at your company longer. Participants will learn everything you need to know about Entry Level Driver Training and have the…

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KB Home Announces the Grand Opening of Two New Communities in the Desirable Southtown Master Plan in Vacaville, California

KB Home Announces the Grand Opening of Two New Communities in the Desirable Southtown Master Plan in Vacaville, California KB Home announced the grand opening of Sagebrush and Sweetbay at Magnolia Park, two new communities in the desirable Southtown master plan in Vacaville, California. The new homes… Read More Joplin Globe https://www.joplinglobe.com/region/national_business/kb-home-announces-the-grand-opening-of-two-new-communities-in-the-desirable-southtown-master/article_a4343283-2589-5e5f-b192-630402bfd9c9.html

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Survey Reveals High Interest in Home Remodeling

According to a nationwide survey conducted by Arlington, Texas-based marketing research and analytics firm Decision Analyst, it was found that 78% of American plan to upgrade their homes over the next 12 months. Decision Analyst surveyed about 1,000 consumers about their home improvement plans as part of its ongoing study of consumer trends. “Despite being squeezed by inflation, many consumers see themselves upgrading or adding to the comfort of their homes over the course of the next year,” said Decision Analyst Executive Vice President Felicia Rogers.“People’s homes are important to…

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Legrand Introduces Dealer Demo Case for Designer Series Decorative Brackets

Every Attention to Detail Has Been Taken to Create a Luxurious and Elegant Dealer Presentation and Customer Buying Experience CARLSBAD, Calif. – Legrand’s Building Control Systems (BCS) division released a new demo case that allows dealers to elegantly showcase the Shading Systems Designer Series Decorative Brackets and matching hembar endcaps to their customers. The outside of the attractive yet durable powder-coated aluminum case is compact for easy portability, while the inside features two removable trays that envelop the wide range of finishes in an easy and effective presentation. This introduction follows the…

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