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By the Numbers

Total housing starts in December posted a 15.5 percent decline, to 550,000 units, while single-family housing starts declined for the eighth straight month to 398,000. Both numbers are all-time lows. The single-family starts in December were a 13.5 percent decrease from November. The overall 2008 housing starts fell 33.3 percent, to 904,300.

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) reached a new record low of 8 in January. All of the HMI's component indexes remained at or near historic lows this month. The index gauging current sales conditions had a two-point decline to 6, while the indices gauging sales expectations for the next six months and traffic of prospective buyers each rose a single point, to 17 and 8, respectively. Any number over 50 indicates that more builders view sales conditions as good than poor (Reprint from Hardwood Floors Magazine Jan 2009)

 

Common concerns with wood floors

  Moisture concerns Removing other floor coverings  
  Pet or water stains Rugs on wood floors  
  Radiant Heat over wood floors Types of Wood Floor finishes  
  Removing carpet    


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