Benjamin Moore goes on charity painting spree
After weighing votes and reviewing entries for 130 communities, Benjamin Moore has announced the 20 U.S. and Canadian towns that will benefit from its Main Street Matters program this year. The paint retailer will extend a hand in revitalizing the deserving communities with a fresh coat of paint for downtown businesses.
The winning towns include Attleboro, Mass.; Ellicott City, Md.; Flint, Mich.; Greeley, Col.; Halifax, Nova Scotia; Hawley, Pa.; Hilo, Hawaii; Joplin, Mo.; Macon, Ga.; Martinez, Calif.; Nyack, N.Y.; Penticton, British Columbia; Placerville, Calif., Sanford, N.C.; Sea Bright, N.J.; Sheboygan, Wis.; Stouffville, Ontario; Texarkana, USA; Westerly, R.I.; and Xenia, Ohio.
The selected communities will see work begin this summer and continue through next year. Benjamin Moore will provide the paint, stain and various supplies needed to spruce up downtown exteriors. The company will receive help from a few of its partners in collaborating with local businesses, municipalities, and Chambers of Commerce, who will assist in determining areas to be painted along with Benjamin Moore color experts.
"We’re thrilled about the enthusiasm and passion from local businesses and communities around for Main Street Matters," said David Melançon, CMO of Benjamin Moore & Co. "The incredible response is a testament to how strongly people feel for their community, and we hope this movement continues to drive support for local businesses, as every Main Street has a story."
Asking home prices post robust growth in June
June was a strong month for asking home prices in the U.S., marking a 10.7% increase in year-over-year figures, according to the latest findings from Trulia. Nationally, asking home prices bottomed in February 2012 — but the turnaround has been uneven.
Without foreclosures factored into the mix, asking prices rose 11.4%, which, according to Trulia analysis, indicates that the growth largely relies on factors outside of the shift away from distressed homes. The company stated that growth would eventually slow as mortgage rates rise, supply grows and demand weakens.
Regionally, growth was a consistent factor in 99 out of the 100 largest metro regions. Among those with the strongest recovery rates (7% or more) were Edison-New Brunswick, NJ; Chicago; Lake County-Kenosha County, IL-WI; and Baltimore.
The figure was based off the Trulia Price Monitor and Trulia Rent Monitor, which monitor Trulia listings and track monthly changes and trends.
Red Lion expands into Atlantic City area
Red Lion Insulation, part of the Masco Contractor Services family of companies, has expanded into the Atlantic City, N.J., area.
"The employees of Red Lion Insulation are very excited to be expanding operations into the Atlantic City area,” said Douglas Sorantino, division manager. “This new location will allow us to better serve our customers in Atlantic and Cape May Counties, and also provide a local base of operations to support the communities in need of our products from the effects of Hurricane Sandy.
Red Lion Insulation also maintains offices in Piscataway, N.J., and Barrington, N.J. The new location is in Farmingdale, N.J.
Red Lion Insulation specializes in all forms of insulation installation, including fiberglass batt, blown fiberglass and cellulose, and spray foam.
Masco Contractor Services (MCS) is a group of independent companies that are subsidiaries of Masco Corp.