Wood gets a shellacking
Not only is lumber suffering from the well-known woes in the housing market, but increased production threatens a delicate balance between supply and demand. The bearish outlook comes as lumber values head into their typical seasonal downtrend from late summer to fall. This could mean that lumber prices, after bouncing off their lows in March, could fall again.
Barron's
Collapse of deck that injured 21 ruled an accident
The collapse of a deck in Narragansett during a college house party Saturday night was due to overcrowding and “deterioration and rot due to water damage” on the siding to which the deck was attached, Building Official Anthony L. Santilli Jr. has concluded.
Providence Journal (Rhode Island)
As credit lines fade, credit cards step in
Just as the slowing economy has made access to cash a higher priority for a lot of small businesses, banks have become more reluctant to extend traditional lines of credit to those businesses, experts say. But banks have been offering “small business” credit cards.
New York Times
Decking shows premature deterioration
LP Building Products (Louisiana-Pacific) has issued a Product Advisory for some WeatherBest® decking and railing and for some Veranda and ABTCo decking and railing sold after January 1, 2005. WeatherBest products manufactured after November 2007 (after Fiber Composites acquired the brand) are not affected.
LP Building Products
These homeowners are happy to have the blues
From the palest of powder blues to varying shades of aqua, teal, cobalt, robin's-egg, periwinkle and gray, blue porch ceilings are popping up all across town. Once just an old Southern tradition, this subtle design detail has made its way North and is being introduced to new generations.
Washington Post
U.S. government will take over Fannie Mae and Freddie Mac
On September 7, the U.S. Treasury Department and the Federal Housing Finance Agency (FHFA) presented details for a joint plan that calls for the financially beleaguered Fannie and Freddie to be placed into a conservatorship controlled by FHFA.
Builder
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