The U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD) recently reported that the sales of new single‐family homes was up in August 2022, assessed at a seasonally adjusted annual rate of 685,000, which the report says is a 28.8% increase over July’s revised rate of 532,000. Despite gains over July, […]

The National Association of Homebuilders (NAHB) Economics team created the Housing Trends Report (HTR) — a research product with the goal of measuring prospective homebuyers’ perceptions about the availability and affordability of homes for-sale in their markets — and, according to the results from the latest HTR, the share of prospective home buyers who are […]

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), released earlier this week, points to falling builder confidence in the market for newly built single-family homes, a sign that the organization says indicates the housing market is now slowing. Builder confidence fell eight points in May, to 69, as growing affordability challenges—rapidly […]

Omniglass has added Walter Horning as its newest member in the U.S. Sales for Business Development. Horning brings more than 20 years of expertise in the fenestration industry. He has represented more than 30 different companies and traveled throughout the Midwest. He has spent the last four years in the South focusing on the fenestration […]

Several states across the Midwest and the South are recovering after deadly tornadoes ravaged parts of Arkansas, Illinois, Kentucky, Missouri, Mississippi and Tennessee on December 10 and 11. According to Kentucky Gov. Andy Beshar, at least four tornadoes touched down in Kentucky and one was on the ground for more than 200 miles in the […]