Economic

Is Housing Regaining Rightful Place in Driving US Economy?

America’s housing market is starting to heat up and provide some pep for an economy held back by lukewarm manufacturing.

Mega LBM Mergers Create Battleground in Texas

Both super-mergers announced recently--Builders FirstSource ( BFS) with ProBuild and BMC with Stock Building Supply--have one thing in common: A reliance on business in Texas.

Builder Confidence & Permits Surge Upward

The pace of housing construction slowed in May, after a post-winter rebound in April. However, forward-looking indicators, most notably the NAHB/Wells Fargo Housing Market Index and the expansion of housing permits, suggest more growth ahead.

Metrostudy Suggests Housing Start Drop 'Misleading'

The government’s June report on housing starts showed an 11.1% decline, but that was on the heels of an incredibly strong report the previous month.   

Tibbets Lumber Appoints New Leadership Team

Russ Hallenbeck, a 28-year veteran with the Tibbetts family, was selected to succeed Juan Quesada as chief executive officer of Tibberts Lumber and Cox Lumber.

Top 50 Housing Markets: The Good and Bad for Metros (With Complete Market Data for 11-20)

It's a 50-city tour of the largest housing markets, evaluating vital housing stats, employment information, and population numbers to find out what’s good, what’s bad, and what's the bottom line for housing going forward.

Housing Heals Further as Distressed Sales Fall

Distressed sales—real estate-owned (REO) and short sales—accounted for 12.1 percent of total home sales nationally in March 2015, a 3.2 percentage point drop from March 2014.

Top 50 Housing Markets: The Good and Bad for Metros (With Complete Market Data for 1-10)

It's a 50-city tour of the largest housing markets, evaluating vital housing stats, employment information, and population numbers to find out what’s good, what’s bad, and what's the bottom line for housing going forward.

2 Homebuilders Merge to Create Nation's 4th Largest

Seeking a "first-mover" advantage in what could be a new wave of home building operations roll-ups and combinations, Standard Pacific and Ryland announced that they plan to merge their companies as equals.

Podcast: US LBM CEO Gives Vision for Innovation

As CEO of U.S. LBM, a six year old, billion dollar distributor of building materials, L.T. dreamt of a business, not rooted in the past, but one that leads customers, suppliers, employees, and the industry into the future.