Housing Giants - November 10, 2008 - (Page 10) Moves News & Moves By Jennifer Powell, Staff Writer Wall Street’s financial meltdown and the tightening of credit throughout the economy are combining with the collapse of oil prices to cut the legs out from under the spike in building materials prices that showed up late last spring. That might seem like good news for builders, but it’s really not. To gauge trends in materials prices, we keep an eye on the Whole House Commodity Index produced six times each year by Leesburg, Fla.-based Ro-Mac Lumber and Supply. The index covers the commodity materials required to build a 2,200 square-foot, entryFor the Ro-Mac level home on a concrete slab in Central Florida, but Lumber and Supply Monthly Price Analysis excludes labor, mechanicals, electrical and plumbing products. Although it’s a Florida measure, many building materials, especially lumber, move on a national trend-line. After a long retreat from its peak, $28,692.71 in November 2005, the index A retreAt in MAteriAls Prices? new Jersey Moves to slow foreclosures Legislators in New Jersey approved a measure recently to make mortgage lenders pay $2,000 before taking a homeowner into foreclosure, reports Reuters. Believed to be the first of its kind, it joins a growing list of local and national efforts to slow home foreclosures. Foreclosure filings in New Jersey by mortgage lenders rose 22 percent in a year. 10 HOUSING GIANTS 11.10.08 Building MAteriAl distriButor exPAnds PrimeSource Building Products, a wholesale distributor of building materials, is acquiring the assets of Compass International. Compass International supplies construction fasteners from various locations. The purchase allows PrimeSource to expand its product offerings and distribute coast-to-coast more easily. www.HOUSINGGIANTS.cOm http://www.romaclumber.com http://www.romaclumber.com http://www.primesourcebp.com http://www.primesourcebp.com http://www.reuters.com/article/marketsNews/idUSN0641032920081006 http://www.reuters.com/article/marketsNews/idUSN0641032920081006 http://www.housinggiants.com
Table of Contents Feed for the Digital Edition of Housing Giants - November 10, 2008 Housing Giants - November 10, 2008 Contents Viewpoint News & Moves Tech M&A Takeaways Housing Giants - November 10, 2008 Housing Giants - November 10, 2008 - Housing Giants - November 10, 2008 (Page Cover1) Housing Giants - November 10, 2008 - Housing Giants - November 10, 2008 (Page Cover2) Housing Giants - November 10, 2008 - Housing Giants - November 10, 2008 (Page 3) Housing Giants - November 10, 2008 - Housing Giants - November 10, 2008 (Page 4) Housing Giants - November 10, 2008 - Contents (Page 5) Housing Giants - November 10, 2008 - Contents (Page 6) Housing Giants - November 10, 2008 - Viewpoint (Page 7) Housing Giants - November 10, 2008 - Viewpoint (Page 8) Housing Giants - November 10, 2008 - Viewpoint (Page 9) Housing Giants - November 10, 2008 - News & Moves (Page 10) Housing Giants - November 10, 2008 - News & Moves (Page 11) Housing Giants - November 10, 2008 - News & Moves (Page 12) Housing Giants - November 10, 2008 - News & Moves (Page 13) Housing Giants - November 10, 2008 - Tech (Page 14) Housing Giants - November 10, 2008 - Tech (Page 15) Housing Giants - November 10, 2008 - Tech (Page 16) Housing Giants - November 10, 2008 - Tech (Page 17) Housing Giants - November 10, 2008 - M&A (Page 18) Housing Giants - November 10, 2008 - M&A (Page 19) Housing Giants - November 10, 2008 - M&A (Page 20) Housing Giants - November 10, 2008 - M&A (Page 21) Housing Giants - November 10, 2008 - Takeaways (Page 22) Housing Giants - November 10, 2008 - Takeaways (Page 23) Housing Giants - November 10, 2008 - Takeaways (Page 24) Housing Giants - November 10, 2008 - Takeaways (Page 25) Housing Giants - November 10, 2008 - Takeaways (Page 26) Housing Giants - November 10, 2008 - Takeaways (Page 27) Housing Giants - November 10, 2008 - Takeaways (Page 28) Housing Giants - November 10, 2008 - Takeaways (Page 29) Housing Giants - November 10, 2008 - Takeaways (Page 30) Housing Giants - November 10, 2008 - Takeaways (Page 31) Housing Giants - November 10, 2008 - Takeaways (Page 32)
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