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About Face
Why one home improvement leader switched his company’s approach from traditional media to face-to-face marketing
Remodeling Mastery
10 Ways To Counsel Your Clients
Mark Richardson says remodelers need to be more than just remodelers to their clients
Business
3 Areas Successful Remodelers Focus On
Industry advisor Mark Richardson shares what separates the losing from the winning in today’s market
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Exterior/Replacement: Sell is a four-letter word
Selling the right way is all about delivering what the customer needs in the exterior/replacement business
Finding and keeping a good remodeling sales team
More than ever, it’s important to build a good sales team. Professional Remodeler’s Jud Motsenbocker talked to Charlie Gindele and Andy Wells about how they do it.
NAR report: Pending home sales continue to increase
The National Association of Realtor’s (NAR) Pending Home Sales Index continued to increase in November, rising 3.5 percent since October.
S&P/Case-Shiller report: Home prices continue to decline
U.S. home prices declined in October as the growth rate continues to decelerate, according to the S&P/Case-Shiller Home Price Indices report released today. Each of the 20 metropolitan areas measured showed declines between September and October. Only the 10-city composite and four metropolitan areas showed increases over October 2009.
Government struggles to decide on Fannie and Freddie's future
The future of mortgage giants Fannie Mae and Freddie Mac hang in the balance as the federal government struggles to determine whether it should continue to guarantee mortgages after the market stabilizes.
U.S. home prices rise in October
Homes prices across the U.S. rose between September and October, although prices remain lower than in October 2009.
Group urges regulators to create standards for mortgage-servicing industry
A group of analysts, academics and investors signed a letter urging regulators to create nationals standards for the mortgage servicing industry, the Wall Street Journal reported.
Rising mortgage rates cause surge in first-time buyers
Rising mortgage interest rates have reignited first-time home buyers’ interest in purchasing a home over the last several months, UPI reported. The rates for 30-year fixed-rate mortgages began to rise from record lows this fall, increasing from 4.17 percent to 4.83 percent between November and December.
Americans maintain positive attitude about homeownership
Despite the recent housing crisis, most Americans still desire to own a home, but their attitudes may not line up with financial realities, CNN reported. A survey by Fannie Mae found that more 51 percent of people polled said the housing crisis did not change their desires to buy a home. Twenty-seven percent said that they were even more likely to buy because of the crisis.
Construction material prices rise nearly five percent since last year
Construction material prices have risen in the last year, while finished-building price indexes remained flat, adding additional financial stress to builders and contractors already facing the effects of high unemployment. An analysis by the Associated General Contractors of America reported that material prices rose 0.5 percent in November and 4.8 percent in the last year. The producer price indexes rose 0.4 percent in November, and 3.5 percent in the last year.