Here is the latest news from the WarmlyYours Weekly Radiant News for this week! We are your one-stop source for all things radiant and the home remodeling industry!
This week's featured articles:
"Two Years Later: Housing is Getting Back on Track"
This last May, Americans bought new homes at the fastest pace in more than two years! And while you may all remember that April of 2010 was the last month that buyers could qualify for federal home-buying tax credit. The Commerce Department revealed on Monday that sales of new homes increased 7.6 percent in May from April to a seasonally adjusted annual rate of 369,000 homes. Builders are finally gaining confidence in the market again and starting to build more homes. And with mortgage rates plunging to the lowest levels on record, home buying is now more affordable. Since last year, prices are remaining low and have started to stabilize as well as an increasing amount in sales of previously occupied homes. According the National Association of Home Builders, each home that is built creates an average of three jobs for a year and generates about $90,000 in tax revenue.Read More
"US Small Business Lending Jumps in May"
Lending to small U.S. businesses rose in May to its highest level this year, a sign of stronger economic growth ahead even as other data suggest fragility, a report showed on Monday. The Thomson Reuters/PayNet Small Business Lending Index, which measures the overall volume of financing to small U.S. companies, rose to 108.4 from an upwardly revised 98.6 in April, PayNet said. The gain reversed most of the declines of the prior four months. Borrowing rose 18 percent in May from a year earlier, exceeding the average 2011 pace of 17 percent. The lending index historically has pointed to changes in overall economic growth several months later. Read More
"Flooring: Weighing the Pros and Cons, Which Floor is Best for You?"
Summer is the perfect time for making home improvements. With the weather being less of a risk factor during the summer months, it is easy to start and even finish home projects. Before starting your project, here are some home improvements that should be at the top of your list. Read More
"How Your Small Business Can Profit From Your Unhappy Customers"
"As small business owners it is easy to find ourselves obsessing about customer satisfaction and positive brand awareness. After all, the opinions that customers form about our products and services can significantly impact sales. We hear from experts (and tell ourselves) that these good vibes are all the more crucial now that businesses from all walks of life are increasingly being tied to and reliant upon the Internet 2.0 to drive consumer interest, traffic, and conversions. For this reason, when we are faced with unhappy customers, it can be even harder not to give in to a knee-jerk, internal wince and either rush to make things better or defend our stance… and our name. But in both scenarios, we can easily let a valuable opportunity go by. Read More
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