News

Houzz Stat: Increase in Inquiries for Design-Build Firms

BY Erin Carlyle, Houzz

Scores for contractors, remodelers and design-build firms remain steady. General contractors and remodeling firms scored a second-quarter barometer reading of 75, while design-build firms came in at 73. These scores indicate strong optimism among these sectors during the second quarter of this year, and the readings are in line with those for the same period in 2016.

On a regional basis, the readings for design-build firms rose year over year in both the South and the West.

Design-build firms’ score for new inquiries is up. On a year-over-year basis, the score for the number of inquiries among design-build firms jumped by four points. The scores for both design-build firms and general contractors and remodelers are holding strong — in the 70s for both company types across all three components of the barometer.

Continue to reading the Q2 2017 Barometer Results

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HBSDealer Stock Watch: Down Day

BY HBSDealer Staff

Home improvement stocks took it on the chin Wednesday, with SHLD off 5.09% and LOW down 3.71%.

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Throwback Thursday: Armstrong Building Materials

BY HBSDealer Staff

The September 29, 1980 issue of National Home Center News, the forerunner of HBSDealer, profiled Armstong Building Materials of Los Angeles, and found a study in contrasts – “the old and the new, the traditional and the modern.”

The home center concept was evolving rapidly in California in the 1980s, and Armstrong was a 20,000 sq. ft. format that seemed to want to serve the whole gamut of customers – the builder, the DIYer and the decorator.

Owner Chuck Armstrong told NHCN that he attends hardware markets, while his daughter Kathy, an interior designer, hits the gift shows. “She brings stuff in that I swear is not going to sell, like silk flowers of papier-mache parrots. They just sell like mad.”

Spoiler alert: the company is no longer in business.

Westwood, Brentwood and Bel-Air communities were just minutes away from Armstrong’s 2.5-acre lot in Los Angeles. That meant expensive and affluent neighborhoods.

How expensive? “A two-bedroom house carries a price tag of well over $200,000,” according to the article.

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Do you know something about Armstrong Building Materials? Let us know at [email protected]

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