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This
free monthly newsletter, the Findoha MarketLink
eLetter, brings you latest news about home
building market, expert business forecast,
recommendations, company changes, global news
and more. In this issue, you'll learn the latest
acquisitions in North America, house market trends,
roofing tips, and learn about price changes in
the electrical goods.
CATCH THE MARKET
Value
of building permit issuance is expected to increase
1.8% - 2.2% June
Findoha expects the value of building permit issuance
to increase 1.8 - 2.2% in June, after the sharp
more than 9.0% decline in April. The increase
is due to recovery in multi-family residential
and non-residential demand in the Northern States.
Overall, the stable non-residential demand will
continue give the construction industry sufficient
support as we get closer to end of 2006.
Andersen Corporation acquires Silver Line Building
Products Corporation
On July 4, 2006 Andersen Corporation made an announcement
that it has concluded its acquisition of Silver
Line Building Products Corporation (SLBPC). SLBPC
is the leading manufacturer of vinyl windows and
patio doors in North America. Silver Line was
previously a family-owned, private company. Terms
of acquisition has not been disclosed publicly.
Andersen Corporation, a privately owned business
is the world's largest manufacturer of wood windows,
storm doors and patio doors. With this move Andersen
will expand it breadth and depth of products and
will be able to provide any types of windows and
doors for any home improvement project.
You can look for a lawn
care expert in your area by visiting Findoha
Lawncare
professionals pages
Housing Market
Showing Signs of Cooling
The housing market shows signs of cooling after
several consecutive years of record levels in
the US. Higher interest rates, declining affordability
and a lack of investor and speculators interest
have contributed to the slowing down of the market.
See a list of home builders in your area by surfing
at Findoha Home
Builder contractors directories
Getting ready to hire a Roofing Contractor? Dos
and Don'ts...
Heavy storms and hurricanes commingled with the
excessive housing demand on the second half of
the 2005 boosted the roofing contractor business
in North America and so did the number of complaints
as reported by Better Business Bureaus in the
US. In 2005 BBBs processed more than 9,000 complaints
against general contractors. Roofing contractors
ranked among the top five businesses receiving
complaints and getting report requests.
Some of the tips recommended by exports in roofing
contractor business
DON'T
- Hurry into repairs - and be aware that some
contractors may pressure you into an
agreement that's not in your best interest
- Hire a contractor without local references
- Sign any papers or agreements unless you are
completely realize the terms of the
agreement – and have another person read
it
- Work with a contractor that demands all payment
relevant to the agreement upfront.
- Hire a contractor who is not bonded, certified,
insured or does not have a license
DO
- Immediately report all damage to your insurance
company
- Keep file of all important papers related to
your roofing work (e.g. agreements, contracts,
work orders, list of material used, copies of
checks, )
- Ask for referrals for roofing contractors from
your friends or neighbors, and if possible go
and check a previous work of the contractor
- Request line item details on your roof repair
estimate
- Hire a contactor that will work with your insurance
company and adjuster
- Get a contract in writing, and a guarantee for
both the manufacturer's material the roofer's
labor
- Do call BBBs if you have any doubts
For more tips and articles about roofing and other
subjects go to Findoha
Resources pages
You can now submit your articles in Findoha and
ask us to
publish them on Findoha or in our next Newsletter.
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KNOW THE LATEST
EUs rule on poison metals likely to raise cost
of electrical goods
Restriction of Hazardous Substances (RoHS) directive
will in effect as of June 30, 2006. In the next
3-6 months would mean a five per cent rise in
the price of electrical goods is expected globally.
Werner Introduces the Electrician's JobStation(TM)
With a multitude of integrated features uniquely
designed to simplify common tasks, the Electrician's
JobStation(TM) is planned to make any electrician's
job easier. For multimedia release visit http://www.prnewswire.com/mnr/wernerladders/24549/
Outdoor Plumbing Makes a Comeback in Summer
2006
It has been a trend in 2006 that more modern homeowners
are considering to add exterior water service
for convenience all around their homes.
Fears of frozen pipes in winter helped UK firms
to boost their profit
British residential emergency firm Homeserve Plc
<HSV.L> boosted full-year pretax profit
28 % as UK weather experts had forecast a record
cold snap leading into winter. Do not forget to
keep an eye on North America weather forecasts
and make sure that you have your inventories adjusted
accordingly. Look out for our next newsletter
for winter weather forecast for 2006.
Remote Dynamics Joins the Quality Service Contractors
Association (QSC)
As an Industry partner to QSC Remote Dynamics
will Offer REDIview(TM) to over 225 Plumbing,
Heating, and Cooling Member Firms.
If you have a leaking polybutylene piping in your
home you may qualify for free replacement. Home
and property owners who have leaking polybutylene
plastic "PB" pipe inside their home
may qualify for a free replacement of their plumbing
system as part of a $1.073 billion settlement.
SKYE Receives United States Patent for Modular
Tankless Water Heater
A common system in Asia and Europe, tankless water
systems pose significant opportunities in the
US market where the market is ready to move away
from old technology to a better, advanced and
more efficient water heating process.
There are more than 10 million water heaters replaced
every year in North America, and more than 2.5
million water heaters are installed in the new
homes and residential buildings constructed and
renovated each year in the United States.
Please visit
us to review our services, articles, fees
and availability of featured listings for cities
that aren't represented in this newsletter.
Thanks for your time!
Ed
Owner
Findoha.com
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