The National Flood Insurance Program (NFIP) is billions in debt, and in order to get it back on the track toward solvency, the U.S Congress passed the Biggert-Waters Flood Insurance Reform Act in 2012, ending subsidized rates for homes in flood-prone areas.
It’s getting harder and harder to find reasons why the U.S. economy is screwed, blued, and tatooed. But experts keep trying; one new study even claims homeownership is destroying Western civilization. The LBM channel actually does have a serious problem, though: As housing recovers, eventually you’re going to need fresh talent—and after seven years in the dumps, the pipeline is bone dry.
Single-family home sales across Florida were up 18.8 percent in September from the same period a year earlier, the Florida Realtors reported Monday. The Realtors reported there were 18,490 sales closed statewide on existing single-family homes in September. The median sales price on those single-family homes was $170,000, up 17.2 percent from the previous year.
At the October meeting of the Florida Building Commission, the Commission discussed changes to the Florida Product Approval Rule in response to recent legislative changes as part of HB 269 during the 2013 Regular Session.
The first pressure treating facility in the state of Florida, Outdoor Living Products, Inc was built in the 1940’s just outside of Orlando. Ed Cook Lumber, as it was known at the time, was widely recognized as one of the pioneers in the wood preserving industry.