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How The Downturned Economy Has Affected Manufacturers Of Windows Home Repair Articles | April 17 Cheap Stephen Hauschka Jersey , 2012
The economy has affected a number of different industries related to homebuilding. Many manufacturers of windows and doors are closing their plants, leaving homeowners in the lurch if they need help with a warranty.


The downturned economy has affected nearly every industry, but none were hit harder than companies that work with real estate. Fewer people are buying houses than ever before, which means that realtors need to be extra aggressive in order to find buyers for their clients. However Cheap Micah Hyde Jersey , it's not just realtors and home sellers who have been affected. Window manufacturers are closing all over the country, but what exactly is causing this? Here's a look at the complex reasons behind this turn of events.

Fewer Homes Being Built Equals Less Of A Demand For Windows And Doors

While it's possible to find homebuilders all over the country who are still building and selling new homes, this number has dropped dramatically in the last few years. Fewer buyers are able to qualify for a home loan and even fewer have the 20% (or more!) in cash that's needed to put down for a traditional home loan. Many builders have ceased operations, which means that companies that manufacture windows and doors are fighting for the slice of business that comes from new homebuilders.

Even further reducing the number sold is the influx of existing houses that are on the market. As many people are losing their homes to foreclosure Cheap Jeremy Kerley Jersey , these houses are sitting on the market and empty. Homebuyers know that they can get a great deal on an existing home, which means that more are flocking to existing homes instead of buying new.

Homeowners Are Putting Off Replacing Windows

Many homeowners are struggling to stay in their homes, which means there's less money available for repairs or updates that aren't deemed a necessity. While new windows do mean that a house is more energy efficient, unless it is cracked or the wooden frame is rotting Cheap Phillip Gaines Jersey , homeowners don't have an immediate need to update them. Replacements might not be the biggest part of a manufacturer's sales but this reduction does make a difference in the company's bottom line.

What To Look For If You Do Need Replacement

If you do need replacement windows and doors, look for a company with history and solid performance. Ask different contractors what brands have the best reputation in the industry. While it's impossible for anyone to tell the future, a qualified contractor should be able to help you choose a company with a strong financial standing and quality products. They'll also be able