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As 2018 comes to a close, AWDI would like to wish its members, partners and other industry professionals a safe and happy holiday season. As we reflect on the past year for the industry, we would like to provide the readers of the Door & Window Business a look at the most accessed articles from the year. Our regular publication will resume Wednesday, Jan. 9.
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By Seth Sandronsky
From March 7: Ready or not, this year's tax filing deadline is approaching quickly — April 17. And the big question for many businesses across the U.S. is how to avoid audits. If there is one thing to stress, it's this: File your business's tax forms on time or tell the Internal Revenue Service before April 17 that there will be a delay. Why? Filing late without notifying the IRS before the deadline is a red flag. But what if there are big changes in the way you do business year-over-year?
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By Michael J. Berens
From April 18: As more long-term homeowners make the decision to stick with the home they have, they are undertaking larger-scale remodeling projects, such as complete room renovations or additions. Due to the complexity of these changes, more homeowners are hiring professionals to assist with or do the entire project for them. While that's great for business, it is pushing out wait times as project backlogs begin to pile up.
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AWDI DOOR & WINDOW DIRECTORY |
By Scott E. Rupp
From Sept. 5: In and out, all day long, nearly every day of the year. Doors. You may take the barriers that keep the outside out and the inside in for granted. But your facility’s doors are nothing to overlook. Kind of like the roof above, they keep your buildings protected, safe and secure, and the unsavory elements — both weather and humans — out. Proper maintenance is a must, but in many cases these most mobile pieces of your building probably only get attention if something isn't right.
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By Michael J. Berens
From March 21: Growing confidence in the strength of the U.S. economy and personal financial situations has consumers spending more. One of the areas where they are putting their money is into their homes. Whether for projects big or small, homeowners say they plan to spend more this year on repairs and improvements. Earlier forecasts had assumed expenditures on home improvement and remodeling would decrease somewhat in 2018 following several years of strong growth.
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By Michael J. Berens
From Oct. 3: Purchases of existing single-family homes remained flat in August as the gap between consumer demand and affordable inventory widened. New home sales rose for the first time since May, but figures for June and July were revised downward. With many would-be buyers unable or unwilling to purchase a home at current rates, pressure has been building to lower costs. And housing prices, while not yet receding, have begun to rise more slowly in some parts of the country, perhaps an indication that the market is hitting its peak.
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By Michael J. Berens
From Feb. 21: Earlier speculation that the red-hot remodeling industry might begin to cool down in 2018 appears to have been premature. Despite challenges of labor shortages and rising materials costs, market conditions are generally favorable for remodelers of all stripes. A number of factors are coalescing that likely will not only continue to drive positive growth this year but may also outpace that of recent years. Demand for remodeling services remained strong in the fourth quarter of 2017.
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By Jason Zimmerman
From Aug. 15: Matthew Pollard, the "Rapid Growth Guy," shared his blueprint for growth and success as the general keynote speaker Aug. 9 at the 18th annual Sunbelt Builders Show™, hosted by the Texas Association of Builders at the Hilton Anatole. Pollard, the founder and CEO of Rapid Growth, LLC, is dedicated to achieving maximum ROI for business of all sizes. But his passion is helping small business owners. His methods have transformed more than 3,500 businesses.
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By Lisa Mulcahy
From June 27: When you're trying to decide how to put out an emergency fire before it torpedoes a key project, your emotional state is probably not at its most upbeat. Yet, making the conscious effort to reject any feelings of pessimism about your situation is actually your best shot at a successful solution. It's not just wishful thinking — science shows that a positive attitude has a powerful effect on making the right choice when meeting an important challenge.
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By Michael J. Berens
From July 4: Historically, the second quarter is one of the busiest times of the year for home sales. Currently, however, high demand and prices have created a seller’s market, but few sellers. That has been a boon for builders, but it also means many would-be buyers are shut out of the market at present. Construction of new homes (in units) rose 5 percent in May, compared to April, the industry’s biggest increase since January, and is up more than 20 percent for the year.
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By Michael J. Berens
From July 18: More than half of current homeowners plan to undertake one or more renovation, remodeling or repair projects this year. Most of those say they will spend as much or more than they did last year on home improvements. Those are among the top findings of two recent homeowner surveys, which indicate that remodeling activity will remain strong throughout the remainder of the year.
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