Lumber shortages derail home improvement plans during COVID-19

Lumber shortages are derailing some home improvement plans
Lumber shortages are derailing some home improvement plans

The lumber industry has been caught off guard by Canadians’ financial resilience during COVID-19, resulting in shortages that are derailing home improvement plans.

According to data from Statistics Canada, 5.5 million Canadian workers have been affected by shutdowns, either through a drop in employment or COVID-19 related absences. The unemployment rate has gone from 5.6 per cent before the pandemic to 12.3 per cent.

Despite the devastation to the job market, spending on home repairs and renovations fell only 5 per cent in May, compared to January.

“The lumber industry was not expecting this as can be seen by their production,” said Paul Jannke, a principal of Forest Economic Advisors (FEA). “U.S. lumber production was up an average 6 per cent year-over-year per month [from January to March] but dropped 7 per cent year-over-year in April and Canadian production was down 8

Read More

HGTV’s ‘Property Brothers’ Buy $9.5 Million Brentwood Estate

Click here to read the full article.

Canadian HGTV stars Jonathan and Drew Scott have been investing in real estate for well over two decades, beginning with a modest $200,000 cottage they bought directly out of high school. Property records now reveal the 42-year-old identical twins, whose elephantine “Property Brothers” home-improvement empire encompasses several TV shows, web series, and original music, have acquired their biggest project to date: a $9.5 million estate in the Westside L.A. neighborhood of Brentwood.

Although it’s worlds apart from what anyone would consider cheap, the new Scott estate was not-so-subtly marketed as a very A-list fixer-upper or teardown; the “trophy property” features an elegant 1930s mansion that “could be renovated or replaced,” per the listing.

More from Variety

Specifically, the property is comprised of two side-by-side lots in Brentwood’s exclusive Mandeville Canyon that combined, total approximately one acre of flat land. The

Read More

Retail Sales Surge Again

Retail and food service sales surged for a second month, up 7.5% in June after an 18.2% jump in May, as many states came close to fully reopening their economies. The largest sales increases were seen in clothing (105%), electronics and appliances (37%), furniture (32%), sporting goods (27%), department-store sales (20%) and restaurant sales (20%). While the surge is real, the percentages are misleading because they are starting from a small base.

Sales rose above pre-crisis February levels for autos, building materials, groceries, sporting goods and e-commerce items. After socking away more savings in recent months, consumers have cash to spend on big-ticket items such as cars and home improvement projects. Consumers are spending more on goods right now than services, so almost all retail sales categories are benefitting. Folks who are staying home instead of going out are buying groceries and sporting goods equipment instead of going to

Read More

Rose Reisinger, who managed her husband’s home improvement business and family, dies

The phrase “cleanliness is next to Godliness” can be found in a 1788 sermon by Methodist leader John Wesley. His saying would be personified by Rose Reisinger about 200 years later.

Outside her home near the intersection of South Luzerne and Fait avenues in the Canton neighborhood of East Baltimore, Mrs. Reisinger and her broom were a near-constant presence cleaning the curbs and sweeping up trash.

“God forbid there should be a leaf on the sidewalk,” daughter Virginia Deardorff recalled. “That was probably one of her daily routines. I remember that she wanted the people across the street to take down a tree because the leaves from their tree would always get blown onto her sidewalk.”

Mrs. Reisinger, who managed her husband’s home improvement business, died July 3 at a nursing home in Venice, Florida, due to heart failure. She was 101.

“It was a good long life, a life

Read More


Agence immobilière Lyon 6ème - Oralia rosier modica Lyon 6ème (69006)

Les propriétaires ou acheteurs choisissent souvent de faire appel à une agence immobilière Lyon 6, pour déléguer certaines fonctions à un agent spécialiste qui supervise à tout moment la bonne gestion de la propriété. En ce sens, de nombreux propriétaires peuvent avoir des doutes sur ce qu’ils sont en droit d’exiger d’une agence immobilière à Lyon 6, sur leurs obligations ou sur la couverture des services contractés.

En tant qu’agence immobilière à Lyon 6, nous savons qu’il est important que tous les acteurs impliqués par exemple dans une location de logements connaissent le rôle et les obligations des agences immobilières dans le processus.

Nos responsabilités en tant qu’agence immobilière à Lyon 6

Bien que les méthodes de vente en ligne soient en plein essor, l’achat et la vente par l’intermédiaire d’une agence immobilière à Lyon 6, restent obligatoires. Nos services sont incontestablement sur mesure.

En … Read More


Agence immobilière Thonon Les Bains – Eurimo Agence Immobilière à ...

Dans notre agence immobilière à Thonon-les-Bains, en France, nous connaissons le marché immobilier et nous fournissons des conseils et des services de gestion pour l’achat et la vente, la location et la vente de tous types de biens immobiliers. En France, il n’est pas nécessaire d’avoir une qualification spécifique, mais les agents qui souhaitent devenir membres de notre agence immobilière à Thonon-les-Bains peuvent le faire à condition de posséder une qualification supérieure ou le titre officiel d’agent.

Au quotidien, le travail des agents immobiliers de notre agence immobilière à Thonon-les-Bains, en France, consiste à tenir à jour une liste d’appartements à louer et à suivre la vente des appartements, à conseiller les acheteurs et les vendeurs et à obtenir un traitement préférentiel et avantageux pour nos clients. Les agents immobiliers de notre agence immobilière à Thonon-les-Bains, en France, aident également à identifier le type de logement qui … Read More