Wednesday, September 21, 2011

Home Channel News

Home Channel Newshttp://www.homechannelnews.com/articles enAugust housing starts slip, againhttp://www.homechannelnews.com/article/august-housing-starts-slip-again <div class="author"><a href="/ken-clark">Ken Clark</a></div><p class="MsoNormal">The latest tally from the U.S. Department of Commerce showed housing starts in August at a seasonally adjusted annual rate of 571,000.</p> <p class="MsoNormal">The disappointing August rate -- analysts were expecting a pace of about 590,000 -- was 5% below July's downwardly revised figure, and 5.8% below the August 2010 rate of 606,000.</p>http://www.homechannelnews.com/article/august-housing-starts-slip-again#commentsHeadlinesNewsResearchCDATAHousing startsSeasonally adjusted annual rateU.S. Department of CommerceXMLTue, 20 Sep 2011 13:12:57 +0000JBertner234331 at http://www.homechannelnews.comProfits drop 31% at Lennarhttp://www.homechannelnews.com/article/profits-drop-31-lennar <div class="author"><a href="/brae-canlen">Brae Canlen</a></div><p class="MsoNormal">National home builder Lennar reported nearly flat sales for the third quarter of 2011, with revenues of $820.2 million, down 1% from the same quarter of 2010. Net income in the three months ended Aug. 31 were $20.7 million, down 31% from the $30 million earned in the third quarter a year ago.</p> <p class="MsoNormal">The Miami-based home builder delivered 2,865 new homes, a decrease of 3% from the third quarter of 2010. New orders were up 11%, to 2,914 homes. The cancellation rate was 20%.</p>http://www.homechannelnews.com/article/profits-drop-31-lennar#commentsHeadlinesPro Dealer newsNewsPro Dealers & LBMLennarCompany Earnings AnnouncementCDATALennar CorporationTue, 20 Sep 2011 18:45:20 +0000JBertner234351 at http://www.homechannelnews.comSimpson to enter component industryhttp://www.homechannelnews.com/article/simpson-enter-component-industry <div class="author"><a href="/brae-canlen">Brae Canlen</a></div><p class="MsoNormal">Simpson Strong-Tie will begin supplying software systems and truss plates to the U.S. component industry, the company has announced. Mike Bugbee, a 30-year veteran of the company, will lead the new division.</p> <p class="MsoNormal">Simpson Strong-Tie has already developed many products that have helped expand the innovative use of trusses in light-frame design, so offering software and truss plates is a natural progression for the company, it said.<o:p>&nbsp;</o:p></p>http://www.homechannelnews.com/article/simpson-enter-component-industry#commentsHeadlinesNewsUnited StatesCDATAEngineeringMechanical engineeringMechanicsMike BugbeeSimpsonStructural systemTechnologyTieTrussTue, 20 Sep 2011 17:15:06 +0000JBertner234346 at http://www.homechannelnews.comCredit crunch and foreclosure rate limit buildershttp://www.homechannelnews.com/article/credit-crunch-and-foreclosure-rate-limit-builders <div class="author"><a href="/ken-clark">Ken Clark</a></div><p class="MsoNormal">The National Association of Home Builders (NAHB) weighed in on the disappointing <a href="http://www.homechannelnews.com/article/august-housing-starts-slip-again "><strong>housing starts figures</strong></a> released Tuesday.</p> <p class="MsoNormal">Nationwide housing starts declined 5% to a seasonally adjusted annual rate of 571,000 units in August.</p>http://www.homechannelnews.com/article/credit-crunch-and-foreclosure-rate-limit-builders#commentsHeadlinesPro Dealer newsNewsPro Dealers & LBMCDATAConstructionCredit crunchEconomicsFinanceForeclosureMortgageNational Association of Home BuildersNational Association of Home BuildersReal estateSeasonally adjusted annual rateXMLTue, 20 Sep 2011 16:02:27 +0000JBertner234341 at http://www.homechannelnews.comAt Lowe's, a message of endless improvementhttp://www.homechannelnews.com/article/lowes-message-endless-improvement <div class="author"><a href="/ken-clark">Ken Clark</a></div><p class="MsoNormal">The world's second largest home improvement retailer has a brand new tagline: &quot;Never Stop Improving.&quot;</p> <p class="MsoNormal">The three-word phrase replaces the company's long-running &quot;Let's Build Something Together,&quot; and it will be featured in a <strong><a href="http://www.youtube.com/watch?v=3wayZ9e6sq8">new advertising campaign</a></strong> that launched Sept. 19.</p>http://www.homechannelnews.com/article/lowes-message-endless-improvement#commentsHeadlinesLowe's NewsHome CentersBusinessLaborLawBusinessCDATALaborLawLowe'sTom LambVP marketingXMLTue, 20 Sep 2011 13:35:36 +0000JBertner234336 at http://www.homechannelnews.comOld buildings, green retrofits, no tax dollars http://www.homechannelnews.com/article/old-buildings-green-retrofits-no-tax-dollars <div class="author"><a href="/hcn-staff">Hcn Staff</a></div><p class="MsoNormal">An ambitious plan to retrofit and upgrade buildings with no tax dollars and no up-front costs to owners is gaining momentum, according to <a href="http://www.nytimes.com/2011/09/20/business/energy-environment/tax-plan-to-turn-old-buildings-green-finds-favor.html ">an article in the New York Times</a>.</p>http://www.homechannelnews.com/article/old-buildings-green-retrofits-no-tax-dollars#commentsHeadlinesNewsGreen Centralthe New York TimesBusinessCDATAEngineeringRetrofitTechnologythe New York TimesXMLTue, 20 Sep 2011 13:08:51 +0000JBertner234326 at http://www.homechannelnews.comStates, IRS join home builder investigation http://www.homechannelnews.com/article/states-irs-join-home-builder-investigation <p>A probe of the hiring and wage practices of some of the nation&rsquo;s largest home builders has widened to include the Internal Revenue Services and labor officials from nearly a dozen states, according to <b><a href="http://online.wsj.com/article/AP1a153b15fbd44922854b2aff6f272223.html?KEYWORDS=%22Hilda+solis%22">an article in the Wall Street Journal</a></b>.<b>&nbsp;</b></p>http://www.homechannelnews.com/article/states-irs-join-home-builder-investigation#commentsHeadlinesNewsBusinessLaborLawWall Street JournalPerson CareerBusinessCDATAEconomicsHilda SolisHilda SolisInternal Revenue ServiceInternal Revenue ServiceLaborLaborLawMinimum wageSocioeconomicsThe Wall Street JournalU.S. Department of LaborUnited States Department of LaborXMLTue, 20 Sep 2011 00:55:31 +0000kclark234311 at http://www.homechannelnews.comJilted lottery player gets new roofhttp://www.homechannelnews.com/article/jilted-lottery-player-gets-new-roof <div class="author"><a href="/brae-canlen">Brae Canlen</a></div><p class="MsoNormal">A California woman who thought she won the state&rsquo;s $54 million lottery -- and then discovered the local newspaper had printed the wrong winning numbers -- is getting a new roof compliments of ABC Supply and Allstate Roofing.<o:p>&nbsp;</o:p></p>http://www.homechannelnews.com/article/jilted-lottery-player-gets-new-roof#commentsHeadlinesPro Dealer newsNewsPro Dealers & LBMABCAllstateAllstateCaliforniaCDATADocumentLotteries in the United StatesLotteryPLAYERXMLMon, 19 Sep 2011 19:36:23 +0000JBertner234301 at http://www.homechannelnews.comBuilder confidence dips http://www.homechannelnews.com/article/builder-confidence-dips <div class="author"><a href="/brae-canlen">Brae Canlen</a></div><p class="MsoNormal">Builder confidence in the market for newly built, single-family homes dipped by a single point in September to 14 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The index has now held between 13 and 16 for six consecutive months.</p>http://www.homechannelnews.com/article/builder-confidence-dips#commentsHeadlinesNewsResearchWells FargoCDATANational Association of Home BuildersWells FargoXMLMon, 19 Sep 2011 18:00:34 +0000JBertner234296 at http://www.homechannelnews.comOrchard: Back to the futurehttp://www.homechannelnews.com/article/orchard-back-future <div class="author"><a href="/hcn-staff">Hcn Staff</a></div><p>In late 2009, Orchard completed the renovation of its Santa Rosa, Calif., location. The 48,000-sq.-ft. store is a celebration of the company&rsquo;s 79-year history. &nbsp;</p>http://www.homechannelnews.com/article/orchard-back-future#commentsHardware StoresSanta RosaCaliforniaCDATASanta Rosa, CaliforniaXMLMon, 19 Sep 2011 14:36:17 +0000JBertner234286 at http://www.homechannelnews.com

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