Pending home sales slow
Pending home sales, an index that tracks contracts signed but deals not yet closed, slipped 1.2% in August 2011, according to figures released Sept. 29 by the National Association of Realtor (NAR).
Results were mixed across the country, with the Northeast seeing the biggest declines. NAR chief economist Lawrence Yun blamed this Northeastern decrease on Hurricane Irene, which “seriously disrupted” sales in the closing weekend of August. “But broadly speaking,” he said, “contract signing activity has been holding in a narrow range for many months.”
The pending home sale index, at 88.6 in August 2011, is 7.7% higher than last year, however, when it stood at 82.3 in August 2010.
Wood is green, says Forest Service
A new U.S. Forest Service study is urging U.S. builders to prioritize wood as a green building material due to its environmental benefits, low carbon emissions and verifiable third-party rating system for “green” certification.
The authors of “Science Supporting the Economic and Environmental Benefits of Using Wood and Wood Products in Green Building Construction” reviewed the scientific literature and found that using wood in building products yields fewer greenhouse gases than using other common materials.
"This study confirms what many environmental scientists have been saying for years," USDA secretary Tom Vilsack said. "Wood should be a major component of American building and energy design. The use of wood provides substantial environmental benefits, provides incentives for private landowners to maintain forest land, and provides a critical source of jobs in rural America."
"The argument that somehow non-wood construction materials are ultimately better for carbon emissions than wood products is not supported by our research," said David Cleaves, the U.S. Forest Service Climate Change Adviser. "Trees removed in an environmentally responsible way allow forests to continue to sequester carbon through new forest growth. Wood products continue to benefit the environment by storing carbon long after the building has been constructed." The use of forest products in the United States currently supports more than 1 million direct jobs, particularly in rural areas, and contributes more than $100 billion to the country’s gross domestic product, according to the Forest Service.
"In the Rockies alone, we have hundreds of thousands of dead trees killed by bark beetles that could find their way into the building supply chain for all types of buildings," said Forest Service chief Tom Tidwell. "Taking a harder look at wood as a green building source could reduce the damages posed by future fires, maintain overall forest health and provide much-needed jobs in local communities."
The U.S. Forest Service report identifies several areas where peer-reviewed science can contribute to sustainable green building design and decisions. These recommendations address the following needs for use of wood as a green building material:
• Information on environmental impacts across the lifecycle of wood and alternative construction materials needs to be updated and revised;
• Green buildings codes and standards should include adequate provisions to recognize the benefit of a lifecycle environmental analysis to guide selection of building materials; and
• A lack of educational, technology transfer and demonstration projects hinder the acceptance of wood as a green building material.
Research recently initiated by the wood products industry in partnership with the U.S. Forest Service Forest Products Laboratory will enable greater use and valuation of smaller diameter trees and insect and disease-killed trees. Research on new products and technologies has been initiated, including improved cross-lamination techniques and the increased use of nanotechnology.
The mission of the U.S. Forest Service is to sustain the health, diversity and productivity of the nation’s forests and grasslands to meet the needs of present and future generations. Recreational activities on the country’s lands contribute $14.5 billion annually to the U.S. economy. The agency manages 193 million acres of public land, provides assistance to state and private landowners, and maintains the largest forestry research organization in the world.
To view the full Green Building report, click here.
CertainTeed’s spray-on FortiCel fights mold
Through the introduction of the FortiCel Mold Prevention System, CertainTeed is providing building professionals and homeowners with long-term protection against mold growth.
Backed by a 25-year warranty, FortiCel is a topical spray-on application that can be used on virtually all interior construction surfaces, including dimensional lumber, steel studs, concrete and floor joists.
“Protection against mold growth is paramount to healthy, long-lasting homes and buildings, and FortiCel offers the industry’s strongest defense against the degrading effects, as well as costs associated with mold,” said Paul Valle, president of CertainTeed Insulation. “FortiCel helps to improve the indoor air quality of a home, provides peace of mind to builders with a mold-free warranty, and equips contractors with a value-added service they can offer to their customers.”
FortiCel provides a finished surface on all building components that will prevent any growth from taking place. Once applied, FortiCel will dry in 20 minutes to an hour and will not wash off or degrade.