Posts Tagged ‘ new construction ’

Wood Windows Experience Above-Market Growth in 2022

May 18th, 2023

The Fenestration and Glazing Industry Alliance (FGIA) released its U.S. Industry Statistical Review and Forecast for 2022-23. While the past year saw residential prime window volumes on the rise, the 2023 outlook for that segment of the industry is a bit bleaker. According to the forecast, residential prime window volumes grew by 0.5% in 2022 […]

Can We Afford Today’s Unaffordability?

Mar 1st, 2023

I have a friend who lives in California, and I remember when he moved out there how stunned I was by the costs for real estate. This was 20 or more years ago and even back then the best you could do for around $500,000 was a very small, major fixer upper. About three to […]

Trade Shows: Why You Can’t Afford to Stay Home

Oct 6th, 2022

Can you afford to take time away to go to upcoming trade shows? Well, most of my customers are still as busy as ever, despite the slowdown in new construction and thanks to backorders. But unfortunately, due to inflation and higher interest rates, a slowdown is just on the horizon. Holiday spending will be more […]

30 Years Later: Hurricane Andrew Redesigned Modern Building Codes

Aug 25th, 2022

Hurricane Andrew slammed into South Florida 30 years ago devastating local communities, destroying entire neighborhoods and killing dozens. As a result, building codes were redesigned across Florida and the coastal U.S., manufacturers developed stronger fenestration products and forecasting tools were developed to better prepare. When Andrew struck South Florida in 1992, there were more than […]

Prime Windows and Entry Doors Up 8 Percent

Apr 28th, 2022

The demand for prime windows grew by 8.8% in 2021, while windows in new housing increased by 13% in 2021, according to the FGIA 2021/2022 Study of the U.S. Market for Windows, Doors and Skylights. In the 2021 residential market, new construction demand for entry doors grew by 8%. The report was released this week […]

FGIA Statistical Review and Forecast: A Tale of Two Markets

May 17th, 2021

The Fenestration and Glazing Industry Alliance (FGIA) released the FGIA 2020/2021 U.S. Industry Statistical Review and Forecast recently, and the results back current perspectives for the residential market—growth that will continue through 2021. Meanwhile, the report points to decreases in the commercial sector. Residential Growth Total housing starts rebounded strongly after an initial COVID-19 slowdown and […]

Research Director Backs NFRC’s Predictions for Increased Demand

Apr 1st, 2021

Amid the welcoming remarks for its Spring Committee Meeting this week, officials for the National Fenestration Rating Council (NFRC) predicted continued increases in the market for doors and windows. That message was echoed Tuesday in a fenestration market outlook provided by Nick St. Denis, director of research for Key Media and Research ([DWM]’s parent company). […]

After Slow First Quarter, Top Expert Sees Another Strong Year for Housing

Jan 25th, 2021

While 2020 will forever represent a blight on world history, so far as the U.S. economy is concerned it managed to include one bright spot: housing. In January 2020, ahead of the coronavirus, leading experts told [DWM] that even if an economic downturn were to occur, residential construction was expected to continue, despite the circumstances. […]

Survey Reports That More Homeowners are Remodeling in Today’s Market

Jan 11th, 2018

The lack of affordable, buildable lots and the scarcity of labor affected home production in 2017. While starts increased by 9 percent over 2016, the characteristics of these new homes stayed largely the same, according to survey results from the National Association of Home Builders (NAHB) released yesterday during a press conference at the NAHB […]