Market Pulse (Part 1): Fiberglass Doors Coming on Strong

Brian Miller is President & CEO, ProVia

Since the beginning of 2017 we’ve observed several notable trends involving entry doors, replacement windows, manufactured stone, and vinyl siding. We find these to be excellent indicators of opportunities in the marketplace, so we’ll share these trends with you in a series of blog posts. Today, let’s begin with trends we’re seeing in the sales of entry doors.

Replace and Remodel Continues to Grow

I’d like to begin with a couple comments about the replace and remodel (R&R) market. This market has continued to grow at a nice manageable percentage over the past few decades, and I don’t see that changing over the next couple of years. Homeowners are still remodeling or adding on, and they’re staying in place in their homes. At the same time, the new home construction market has grown nicely over the past couple years as well. Builders have been concentrating on larger, more upscale homes, and that’s left the first-time buyer out of purchasing a new home. This improves the remodeling market because first-time buyers are buying existing homes and fixing them up.

Sales of Fiberglass Entry Doors Growing Faster

With regard to entry doors, fiberglass continues to grow at a faster pace than steel doors. This doesn’t mean that fiberglass has overtaken steel door sales – steel is still our largest sales category here at ProVia.

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Steel Entry Doors, Manufactured Stone Veneer, Vinyl Siding…WINNERS!

Phil Wengerd is Vice President of Market Strategies for ProVia

By Phil Wengerd

Each year we look forward to seeing REMODELING magazine’s Cost vs. Value Report because it gives us great insights about current trends in our industry. The report contains detailed data that compares the average cost for 36 popular remodeling projects with the value those projects retain at resale in 102 U.S. markets (Cost-Value). Very often the findings mirror trends that we observe with our own growing product mix here at ProVia.

This year’s Cost vs. Value Report provides a mixed bag of results, with some “winning” product categories, and others that have not fared as well. Interestingly, many of the categories where ProVia has product offerings are doing quite well.

These insights provide tips for homeowners who want to ensure that investments in their home translate into good resale value. For dealers, contractors and builders, you’ll find information that can be shared with customers so they can make the wisest home investment decisions. Following are some of our key takeaways from this year’s report.

2015 Cost vs. Value Report: Key Findings

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