Posted on 01/16/2012
Here is the latest news from the WarmlyYours Weekly Radiant News for this week! We are your one-stop source for all things radiant!
New England mornings can tempt some of the toughest to roll over, turn off the alarm clock and go back to sleep. Getting out of bed and stepping onto a cold wood or tile floor can send chills up your spine and set the mood for the day. Research is showing that more and more people are remodeling their homes instead of moving or building new. In addition, 60% of homeowners 50 years and older intend to stay in their homes through retirement which will also mean aging-in-place remodeling. Read More
Mohawk has hired Jeff Meadows, a 30-year veteran of the flooring industry, as Senior Vice President of Sales for the Home Centers and Aligned Groups (such as CCA Global, Abbey, Carpets Plus, Empire and Floors2Ceilings). Meadows will be responsible for driving positive sales growth for these key business units through his strategic leadership. Read More
Nationally in 2011 1.9 million homes were in some stage of the foreclosure process representing 1.45% of the homes in the US — the lowest percentage in four years. The good news is that this is down by about a third from 2010. In 2010 2.23% of homes were in foreclosure compared to 2.21% in 2009 and 1.84% in 2008. The full report from RealtyTrac is on the web. State by state data show a large range of results. Ranked by the percentage of homes in foreclosure the top few states should be no surprise to followers of the S&P/Case-Shiller Home Price Indices — numbers one, two and three are Nevada, Arizona and California; Michigan is sixth and Florida is seventh. The state with the smallest percentage of homes in foreclosure is North Dakota at 0.03% — a mere 92 homes. Among states that include cities covered by S&P/Case-Shiller, the smallest percentage of homes in foreclosure is found in New York at 0.33%. Read More
Making money-wise and energy-wise home remodeling decisions can make a huge impact upon your return on investment. And, everyone loves to receive dividends back for the investments they’ve made – your home project should do nothing less. With energy costs rising by an average of 6 percent a year, many homeowners are searching for home improvements that are green and efficient. The annual savings and environmental benefits resulting from these home improvements are well worth the investment. Read More
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