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Reuters
Growth in U.S. home remodeling expenditure is expected to slow in 2019 due to low inventory of existing homes, a report by the Joint Center for Housing Studies of Harvard University showed recently. Homeowners are expected to spend about $339.0 billion on remodeling in the first quarter of 2019, or a 6.9 percent increase from a year earlier, and $346.8 billion on remodeling in the second quarter of 2019, or a 7.0 percent increase from the year before, according to the center.
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Realtor.com
As home prices continued their climb, the number of existing-home sales continued to decline, indicating that buyers may be reaching their limits.
In June, prices of these previously lived-in abodes hit another all-time high of a median $276,900, according to the most recent National Association of Realtors® report. That was up 4.45 percent from May and 5.2 percent from June 2017. Combine those price increases with rising mortgage rates, and that makes it hard for many would-be buyers to get into the market or trade up into larger homes.
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The USGlass News Network
Construction technology is a growing market. The construction industry, including glass and glazing, is facing declining productivity, high material costs, a labor shortage and increased construction spending. Technology could solve many of those challenges.
According to a new report from Jones Lang LaSalle Inc., venture capitalists have invested $1.05 billion into construction technology in the first half of 2018 alone.
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Inc.
You will never forget your first love, i.e., the startup phase. Everything was new and exciting, and you swore you'd passionately give your best to your business.
But as time went by, you likely found yourself feeling burned out by the long hours and recurring staff or customer fires you dealt with on a daily basis. So much drama, and also so much routine. If you're honest, you realize the spark has fizzled. You wonder if it's time to throw in the towel and call it quits.
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AWDI DOOR & WINDOW DIRECTORY |
Customer Think
Jim Tincher writes:
I recently moved to a new part of town, and the local Wendy’s has “We love customers” on their placard. My drycleaner has the same message printed on their hangers.
Who cares?
What is the purpose of such a generic statement? Do other drycleaners have hangers that say, “We’re really indifferent about customers, but thanks for using us”? Do they expect an emotional connection to result from this supposed outpouring of love? I guess it’s possible — but very unlikely.
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For Construction Pros
Keith Martino writes:
It’s often stated, “The biggest challenge in the family business is the family not the business.”
I chuckled naively the first time I heard that phrase. At the time, I was completing a decade of leadership experiences at FedEx, a corporate giant of 300,000 employees. I couldn’t relate to any company where one family member might report to another. Silly me. I thought nepotism was a bad word.
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