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In This Issue
Big Surprise Jump in Housing Starts in September
North American Solar Stores (NASS) Aims to Become a National Brand
Lloyd/Flanders Launches New iPad APP
Big Surprise Jump
in Housing Starts in September
 

CHARLOTTE, NORTH CAROLINA

 

From Wells Fargo Economics Group

Housing Remains a Bright Spot  

 

The housing market continued to show solid improvement with starts posting a larger-than-expected increase in September, jumping 15.0 percent. Previous months' data were also upwardly revised. One of the most impressive components of the report is the steady increase in single-family starts. Single-family starts have risen in six of the past seven months. With single-family starts rising to a 603,000-unit pace, it is now at the highest level since the wake of the Lehman Brothers collapse.  

 

The story gets even better with single-family permits. Single-family permits rose 6.7 percent to a 545,000-unit pace, marking the highest level since July 2008. On a year-ago basis, single-family permits are up 27.3 percent. The level of single-family permits is still running below the level of starts, which indicates new construction may level off or even pull back slightly during the seasonally slow fall and winter months.  

 

That said, we still expect single-family starts to rise 25.4 percent over last year, ending the year at around a 540,000-unit pace. Despite monthly volatility, the increase in starts reflects a true bottom and we expect the trend to remain positive.  

 

The multifamily sector remains a bright spot for new construction and continues to benefit from favorable demographics. Following two straight monthly declines, multifamily starts rose 25.1 percent to a 269,000-unit pace. With supply constrained, there is somewhat of an apartment building frenzy. Many of these projects will not hit the market for about one to two years during which time apartment vacancy rates should continue to fall further. Multifamily permits rose 20.3 percent on the month and are now up a whopping 85.6 percent on a year-ago basis.  

 

Builder Confidence on the Rise

Builder confidence is another component in the housing market that continues to make consistent gains. The NAHB/Wells Fargo Housing Market Index continued to show resilience, climbing to 41 in October, the highest since mid-2006. While a reading under 50 indicates more builders view sales conditions as "poor" rather than "good," the increase in traffic of prospective buyers could lead to stronger starts in the coming months.  

 

The Outlook for Housing Starts

The jump in housing starts is nearly as startling as the drop in the unemployment rate in September to 7.8 percent from 8.1 percent, which leads us to ask if seasonality is at play. While we do not find a consistent trend over the past several years, we do find that another sizeable jump occurred in September 2011. On that same note, we do expect a bit of payback in the coming months, but the overall trend will still show gains.  

 

We expect starts to complete the year at around a 765,000-unit pace and increase 16.3 percent to a 890,000-unit pace in 2013.  

 

Source: U.S. Department of Commerce, NAHB and Wells Fargo Securities, LLC.

North American Solar Stores (NASS)
Aims to Become a National Brand
 

MADISON, WISCONSIN


"Ever increasing energy costs have caused consumers to take a serious look at the solar alternative," according to George Briewa, CEO of North American Solar Stores (NASS). "Our new solar store brand will clearly communicate where homeowners can come to get expert assistance and high-quality solar products." 

 

NASS is a network composed of a group of well established, locally owned hearth and home stores whose goal is to create a nationally recognized solar store brand that meets the solar energy needs of each community by providing solar PV and solar thermal from reputable and trusted sources.

 

The growing NASS network currently includes 26 brick and mortar hearth and home, HVAC or alternative energy stores, with more stores due to join very soon.  

 

The highly fragmented solar industry is currently undergoing a fundamental change. With the abundance of federal and state tax incentives, homeowners and small businesses now realize the full potential of solar power. The North American Solar Stores network recognizes the vast benefits solar energy provides for the general public and works to assist consumers by making solar easily understood and accessible.

 

Each solar store sends their solar technicians to continuing education classes and field training to learn about the latest solar technology and solar installation best practices. The mandatory on-going training through the NASS Solar Training Institute in Madison, Wisconsin, guarantees that consumers will receive the best assistance and knowledge at any of the NASS locations. 

 

NASS's mission is to provide consumers and small businesses with the resources to carefully guide consumers through the solar purchasing process.  

 

The NASS network provides four distinct advantages for solar consumers. 

 

Collective Buying Power

The size of all the North American Solar Stores together allows the network to negotiate large-scale purchases of high quality solar components at a lower cost. Each store then capitalizes on the shared buying power and offers prices competitive with all other local solar retailers to their consumers 

 

Highly Trained Professionals

Each of the member solar stores have their own installation and service crews to operate their long standing businesses, so adding rooftop solar panel installation and servicing to their repertoire is easily accomplished with the specialized NASS training. These service technicians also have a solid understanding of the various mechanical systems in each home, which allows them to easily navigate the intricacies of solar installations. 

 

The mandatory on-going training through the NASS Solar Training Institute in Madison, Wisconsin, guarantees that member companies and installers will remain at the forefront of this emerging technology.   

 

The NASS curriculum was created under the direction of ISPQ Certified Master Trainer Chris LaForge, in partnership with the MREA (Midwest Renewable Energy Association).  

 

Strong Local Reputation Plus 
Nationally Recognized Brand Name
Many other solar energy equipment providers lack a successful track record and reputation. However, NASS partners exclusively with existing well-established stores, so each brick and mortar solar store in the network has been in business for years operating in a related alternative energy industry. These stores have spent many years establishing a reputation of high quality service and customer satisfaction in their local community and continue to meet this high level of customer satisfaction in the solar industry.  

 

Consumer Focused Retail Model

While large-scale solar projects have dominated solar news, a sustainable future lies in the hands of the everyday consumer. NASS helps consumers incorporate solar into their home improvement strategy by making solar understandable and accessible to all homeowners and small business owners.  

 

NASS member stores are currently located in Alaska, Arkansas, Connecticut, Delaware, Iowa, Illinois, Indiana, Kentucky, Massachusetts, Minnesota, New Jersey, New York, Ohio, Oregon, Pennsylvania, Vermont, Wisconsin, and the provinces of British Columbia and Ontario. There are also NASS locations coming soon in many other states and provinces across North America. 

 

Learn More On The NASS Solar Stores website coming soon in many other states and provinces across North America. 

 

Visit the website.
Lloyd/Flanders Launches New iPad APP 

MENOMINEE, MICHIGAN

 

Lloyd/Flanders is pleased to announce the launch of their new iPad app for their sales representatives at the High Point Market. Designed and developed by Xtern Software in Greensboro, North Carolina, the Lloyd/ Flanders app is available in the iTunes app store.


The "App-A-Log" app by Xtern Software is an e-catalog and order entry solution for the sales representatives while serving as an e-catalog for designers and consumers. The app will save time-to-market introducing new products, reduce the need for additional catalog printing and streamline the sales process. An order can be taken with just touches on the iPad app.  The order is all on the iPad for visual confirmation. It just doesn't get much easier and cleaner than that!

When discussing the new app, Warren Juliano, vice president of Sales for Lloyd/Flanders said, "Lloyd/Flanders has taken a very aggressive approach over the past several months with a new branding effort, aggressive programs and 12 new outdoor collections. The new Lloyd/Flanders app is another step in trying to help Lloyd/Flanders rise above all the noise and stand out as an industry leader.   

 

"At $2.99 the app provides a very affordable tool for both our designers and consumers when working on their outdoor projects." Lloyd/Flanders' new app can be found at the App store.