The week-to-week framing lumber composite price was unchanged on January 10. This is after climbing 0.5% the week prior. Lumber prices are now sitting 8.5% higher compared to one year ago. The National Association of Home Builders (NAHB) continually tracks the latest lumber prices and futures prices, and provides an overview of the behaviors within the U.S. framing lumber market. The information is sourced each week using the Random Lengths framing lumber composite price which is comprised using prices from the highest volume-producing regions of the U.S. and Canada. According…
Read MoreDay: January 15, 2025
How to Help Los Angeles Wildfire Relief Efforts
The National Association of Home Builders has shared resources in response to the Los Angeles wildfires: In response to the Los Angeles wildfires, the California Building Industry Association (CBIA) has partnered with the housing non-profit HomeAid America for recovery projects. HomeAid’s mission is to be a vital force in creating safe and dignified housing for those most vulnerable in the community by serving as a conduit between the building industry and local housing providers. HomeAid has opened its LA Wildfire Relief Fund 2025 to support the long-term rebuilding efforts of homes in the community.…
Read MoreHome Remodeling Trends for 2025: What’s In and What’s Out
As we step further into 2025, home remodeling is seeing energizing recent fads that balance usefulness, sensibility and current plans. Whether your client is orchestrating a huge upgrade or a little update, understanding what’s moving can help you with making informed decisions. According to North Penn News, some of what’s in and out include: What’s In: Biophilic Design Biophilic design—bringing nature into your home—is ruling home renovation projects. Property holders are integrating huge windows for regular light, indoor plants, and normal materials like wood and stone. Famous items like false…
Read MoreCalifornia Gov. Newsom Issues Executive Order to Streamline Rebuilding After Fires
Governor Gavin Newsom signed an executive order on Jan. 12, 2025 suspending permitting and review requirements under the California Environmental Quality Act (CEQA) and the California Coastal Act, allowing victims of the recent Los Angeles fires to restore their homes and businesses faster. “When the fires are extinguished, victims who have lost their homes and businesses must be able to rebuild quickly and without roadblocks,” said Gov. Newsom. “The executive order I signed today will help cut permitting delays, an important first step in allowing our communities to recover faster…
Read MoreRemodel Market Statistics Reveal Continuous Industry Growth as Personalization Trends
The home improvement and remodeling industries have seen rapid growth in the last few years. This comes as homeowners look to enhance their living spaces. This includes home improvements, such as renovations, remodeling, repairs and updates to old homes, both big and small. There is an increased focus on personalizing spaces as the property valuation is increasing, and people are spending more on home projects. Popular trends include energy-efficient upgrades, smart home technology and DIY solutions are fueling this growth. Statistics from several insights show that billions of dollars are…
Read MoreRenovated 1950s House in Palm Beach Underwent a Historical and Innovative Transformation
A Palm Beach, Florida house, originally built in 1952 was recently renovated under the town’s preservation program for “historically significant” homes and has changed hands in Midtown for a recorded $15.9 million sale. The Georgian-style house was sold by Sotheby’ International Realty agent Elizabeth “Betsy” Sorrel who has renovated and sold six other Palm Beach homes since 2000. The property was purchased by a Florida limited liability company named after the property’s address. That entity is managed by Vernon Nicholas Leopard, as state business records show. A man by that…
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