Qualified Remodeler Magazine

AUG 2016

Qualified Remodeler helps independent remodeling firms to survive, become more professional and more profitable by providing must-have business information, namely best business practices, new product information and timely design ideas.

Issue link: https://qualifiedremodeler.epubxp.com/i/715119

Contents of this Issue


Page 13 of 99

topics ranging from sales and marketing to construction techniques and building codes, will be available. Former quarterback and Super Bowl winner Peyton Manning will serve as the keynote speaker for the IBS Opening Ceremonies. The IBS Spike Closing Concert will end the week with a perfor- mance from Grammy award-winning band Little Big Town. In August, IBS registrants can take ad- vantage of several registration discounts. To see a full list of offerings and to register, go to buildersshow.com. Huber Engineered Woods files patent infringement lawsuit against Georgia- Pacific Wood Products Specialty products manufacturer Huber Engineered Woods LLC ("HEW"), an- nounced that the Charlotte, N.C., company has filed a patent infringement lawsuit against Georgia-Pacific Wood Products LLC alleging that the ForceField Air and Water Barrier System infringes HEW's patents for its ZIP System sheathing and tape products. HEW filed the lawsuit in the U.S. District Court of the Western District of North Carolina. "For more than two decades, Huber Engineered Woods has provided inno- vative, premium and branded solutions to its customers and builders," says HEW President Brian Carlson. "We have consis- tently invested to develop a broad port- folio of patents to protect our branded products, including ZIP System sheathing and tape products and AdvanTech floor- ing and sheathing panels, both of which are synonymous with innovation in the building industry. "Our brands have won multiple national awards and received numerous accolades and recognition in the industry, and we will vigorously defend our patents against infringement," Carlson adds. Georgia-Pacific issued the following statement in response: "Georgia-Pacific Wood Products is aware of the lawsuit filed by Huber Engineered Woods related to Georgia-Pacific's recently launched ForceField Air and Water Barrier System. As a company that respects intellectual property, Georgia-Pacific remains confi- dent that ForceField does not violate the Through the first half of the year, NAR's survey found that the share of homeown- ers and renters who believe now is a good time to buy a home is mostly holding steady, with 80 percent of homeowners (82 percent in March) and 62 percent of renters (unchanged from last quarter) saying it's a good time to buy. However, the share of renters who think so is down from 68 percent in December 2015, and those under 35 were the least confident that now is a good time to buy. This quarter's HOME survey also re- vealed that carrying student debt is caus- ing many to be uneasy about taking on additional debt. According to the survey, roughly two-thirds of non-homeowners and half of respondents under 35 with student debt said they aren't comfortable with also having a mortgage. Furthermore, of those with student debt, non-home- owners and younger adults were less likely to believe they'd be able to qualify for a mortgage if they applied. Registration open for 2017 International Builders' Show The National Association of Home Builders (NAHB) has officially opened online registration for the 2017 NAHB International Builders' Show (IBS). IBS will return to Orlando, Fla., Jan. 10- 12, 2017, as part of Design & Construction Week (DCW), along with The National Kitchen & Bath Association's (NKBA) Kitchen & Bath Industry Show (KBIS). The fourth annual DCW event is expected to bring together more than 80,000 design and construction professionals. New for 2017, IBS and KBIS announced a strategic partnership with CEDIA, the trade association for the residential technology industry, to be part of DCW. As part of the partnership, the IBS show floor will now feature the CEDIA Smart Home Pavilion designated specifically for exhibitors who specialize in technology solutions for the home. At IBS, more than 1,400 industry man- ufacturers and suppliers showcase the latest innovative products, materials and technologies involved in all types of build- ings. As part of the educational aspect of the 2017 IBS show, more than 130 sessions taught by building industry experts, on Dietz. "Current economic conditions and a rising need to improve the nation's aging housing stock in the face of changing demographics are supporting growth for the remodeling sector." For data tables on the RMI, visit nahb. org/rmi. For more information about re- modeling, visit nahb.org/remodel. Affordability, student debt causing chasm about buying between homeowners, renters Despite lackluster economic growth and stark home-price appreciation in several parts of the country in recent months, roughly three-quarters of surveyed households still believe now is a good time to buy a home. But there's a consid- erable gap in morale between homeown- ers and renters, according to the latest installment of the National Association of Realtors Housing Opportunities and Market Experience (HOME) survey. The survey also found that roughly half of young adults with student debt are un- comfortable taking on a mortgage. In NAR's second quarter HOME con- sumer survey, respondents were asked about their confidence in the U.S. econ- omy and various questions about their housing expectations, whether carrying student debt is tempering their ability and appetite to take on mortgage debt. 75% of surveyed households believe now is a good time to buy a home Source: National Association of Realtors Housing Opportunities and Market Experience survey continued 14 August 2016 QR QualifiedRemodeler.com IN BRIEF

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