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Findoha MarketLink Newsletter - July 2006

Hello!

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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