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International Home Buyers Continue to Invest in U.S. Market

Favorable exchange rates, affordable home prices and rising affluence abroad continue to drive international buyers to the U.S. to purchase properties and make real estate investments. According to the National Association of Realtors’ 2014 Profile of International Home Buying Activity, for …

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Bill to Fight Home Improvement Fraud Approved

Legislation to fight home improvement fraud and to protect legitimate contractors has been passed by the state House. House Bill 1543 would allow the state attorney general’s office to “bolster needed enforcement and oversight of fraud involving shady home-improvement contractors,” …

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Home Depot Requires New Labeling to Help Bees

Home Depot and other retailers say they plan to ban or limit the use of neonicotinoid pesticides, which have been linked to honeybee decline. Home Depot says it will require its suppliers to start labeling any plants treated with neonicotinoids by …

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McCord Son to Join Family Business

According to a local news outlet, Mike McCord didn’t want to pressure his son to consider taking over the family business, McCord’s Do-It Best hardware store. Quite the opposite — he had contemplated auctioning or closing the business in 10 …

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Existing-Home Sales Up in May, Inventory Levels Improving

Existing-home sales rose strongly in May and inventory gains continued to help moderate price growth, according to the National Association of Realtors®. All four regions of the country experienced sales gains compared to a month earlier. Total existing-home sales1, which …

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As Retailers Worry About Port Strike, Imports Surge

Facing uncertainty over an unsettled labor dispute between West Coast dockworkers and the operators of port terminals and shipping lines, imports are expected to reach their highest monthly volume in at least five years in July, according to the Global …

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Pending Home Sales Spike

Pending home sales rose sharply in May, with lower mortgage rates and increased inventory accelerating the market, according to the National Association of Realtors®. All four regions of the country saw increases in pending sales, with the Northeast and West …

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Home Improvement Manufacturers Share Positive Sentiments

The American Hardware Manufacturers Association’s AHMA Home Improvement Industry Confidence Index’s Current Situation Index improved in June to 337.5 from 320.8 in May. Manufacturers also indicate plans to invest in mobile devices and confirm the importance of a strong housing …

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