The Federal Reserve raised interest rates last week by 0.75% in an effort to curb inflation. Door and window industry executives say the increase is necessary but it is likely to test companies’ resolve.
Read DWM
A memo released by the Biden Administration on April 18 details the requirements and exceptions for federally-funded infrastructure projects to use metals, construction materials, and products manufactured in the United States. The new rules go into effect May 14.
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According to Dave Yoho, president of Dave Yoho Associates, we are in the toughest time he’s ever seen in our industry. That may seem surprising, given that home improvement sales continue to soar. But supply chain and hiring challenges, coupled with economic factors such as rising inflation, make the home improvement business more complex than ever before.
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The National Association of Home Builders (NAHB)/Westlake Royal Remodeling Market Index (RMI) for the first quarter posted a reading of 86, which remained unchanged compared to the first quarter of 2021. NAHB Remodelers Chair Kurt Clason said that a few remodelers are “starting to report that customers are reluctant to move forward on projects due to the delays and higher costs caused by supply chain problems.”
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Construction input prices rose 2.9% in March, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data release Friday.
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Solid prospects for the 12 months ahead set up as the moment to seize opportunity to make changes that will prepare your team for tougher times in the future.
Read more at BUILDER
There are some things are just best left to the experts. One of those things is estate planning! Several recent estate tax cases clearly show us that when an individual who is not a specialist sets up estates, it can cause a lot of problems for their clients. These professionals who do not specialize in this area of the law may actually create more problems for their clients.
Read Full Article by The Center for Financial, Legal & Tax Planning, Inc.
During his testimony before the U.S. Senate Committee on Banking, Housing and Urban affairs last week, Federal Housing Finance Agency Director Melvin Watt stressed that reform for Fannie Mae and Freddie Mac is necessary, HousingWire staffer Kelsey Ramirez reports.
Read more at Builder
Lower benchmark rate from 18-month high.
After four months of leaving the benchmark interest rate for standard mortgage modifications at an 18-month high, Fannie Mae and Freddie Mac recently announced that they are cutting the benchmark rate. Read more at Housingwire
In this day and age, it is very easy to do taxes on your own, but are you better off using a CPA? Many taxpayers are walking, talking targets of the IRS, according to The Center for Financial, Legal & Tax Planning, Inc. Find out from the experts what you need to know.
World Millwork Alliance (WMA) 54 TH Annual Convention & Tradeshow will hold its’ premier event at the Memphis Cook Convention Center from September 11-15, 2018. WMA will offer Veterans and Students complimentary access to the exhibit hall during Millwork Career Day on Friday, September 14, 2018 during the show hours of 10:00 a.m. – 3:30 p.m.
WMA welcomes Veterans and Students to explore a career in the millwork industry. Learn from worldwide millwork professionals while viewing the finest millwork products. Meet with industry distributors and manufacturers about the opportunities in a millwork career.
Pre-registration for a name badge is available by completing a WMA Registration Form. Any local Student or Veteran who has pre-registered will pick up their complimentary “Expo – One Day Pass” with a valid student ID or Veteran ID at the WMA registration desk in the Memphis Cook Convention Center.
Veterans must show a Veteran’s Administration (VA) identification card to receive an “Expo-One Day Pass” and to gain entrance into the exhibit hall on Friday, September 14, 2018.
Students must show a valid Student photo I.D. card to receive an “Expo-One Day Pass” and to gain entrance into the exhibit hall on Friday, September 14, 2018.
Pre-registration is open until August 13, 2018; thereafter, registration is onsite at the WMA registration desk in the Memphis Cook Convention Center.
