Foreign.
Speaker BWhen it comes to remodeling or renovating your home, there is a lot to know and we have gotcha covered.
Speaker BThis is AROUND the house.
Speaker CWelcome to the Round of House show, the next generation of home improvement.
Speaker CI'm Eric G.
Speaker CThanks for joining me today.
Speaker CThis is Art Weekday Update.
Speaker CThis is the stuff that didn't make it into last weekend show and isn't gonna make it into this weekend's show.
Speaker CThis hour is brought to you by our friends at Monument Grill.
Speaker CIf you're out looking for that brand new barbecue with Father's Day coming up, Mother's Day coming up, we have got a lot of great things happening so we can make sure to give those loved ones something special and maybe that's a brand new barbecue.
Speaker CCheck them out@montymcrills.com first off, I want to say happy birthday to us here at the around the house show on April 1st.
Speaker CThat is our 37th birthday.
Speaker CYeah, around the House has been around here in the Pacific Northwest for 37 years now.
Speaker CAnd I have been on the show for about a decade before that, for nearly a decade was handyman Bob Strong.
Speaker CAnd of course there were some other hosts and people on before that, but always great starting out a new season or what I call it.
Speaker CAnd here we go on year 37 with some even greater things coming ahead, which is going to be a lot of fun.
Speaker CThanks for joining us here on this.
Speaker CIf you want to find out more about us, head over to aroundthe house online.com you can find out a ton more information over there.
Speaker CWe've got our YouTube channel.
Speaker CMake sure and subscribe to that because we've got a lot going on over there as well as all of our other social media pieces and things going on.
Speaker CIt's Twitter or X, it's Instagram, Facebook.
Speaker CWe've got, I've got a LinkedIn, all those different things out there.
Speaker CReady to get you more information about your home today.
Speaker CI wanted to talk about something that's interesting.
Speaker CWe are starting to see these really big companies lining up and buying each other out.
Speaker CWe're starting to see that in the home building supply sector.
Speaker CGreat example last week, James Hardy, who was known as James Hardy siding basically right out of Australia.
Speaker CIt's where they come from.
Speaker CThey offered AZK, the composite decking company, $8.75 billion to combine those companies in a cash and stock deal valued, you know that 8.75 billion, including $386 million in debt.
Speaker CSo it's the second major acquisition of the building supplies and Geez, a little over a week.
Speaker CSo we're starting to see that.
Speaker CWhere QXO Inc.
Speaker CBought Beacon Roofing Supply for a deal worth about 11 billion, including debt.
Speaker CSo there's a lot of this stuff going on with housing.
Speaker CBasically, we're seeing housing prices go up, mortgage rates going up, all those things.
Speaker CSales of previously occupied US Homes fell last year to the lowest level in nearly 30 years.
Speaker CSo that's a big one right there.
Speaker CSo anyway, we're seeing what's going on.
Speaker CIt's funny, James Hardy will own about 74% of the combined company, with AZ stockholders owning about 26%.
Speaker CIt's gonna be interesting.
Speaker CJames Hardy really has survived through its early days of asbestos.
Speaker CThey've spent a few billion dollars on settlements over the years with asbestos stuff that they were building back in the day, but they have survived through it and made it.
Speaker CAnd they have been a very successful sighting.
Speaker CExterior company with James Hardy.
Speaker CSo interesting stuff, but we're starting to see that kind of happen out there.
Speaker CWe're seeing some of these people combine or take it a look at stuff, and it's an interesting space in our marketplace.
Speaker CHere's a little secret to me.
Speaker CMy house that I've been working on here on around the house is going to go up on the market soon and I'm gonna be looking for a new location.
Speaker CNot gonna be moving too far away, but gonna be working on the house number two.
Speaker CSo I've got a big plan for that coming up.
Speaker CCan't wait to show you and share some of that stuff for social media as it comes up.
Speaker CBut yep, we're gonna be moving the shop and doing all other stuff.
Speaker CSo I'm kind of in the market of getting this ready to go and then to go out and find the next location, which will be a lot of fun.
Speaker CSo that means I got a lot of projects coming up because when you're doing a house like this, it's an interesting thing to look at because I have to look at it as I'm in a very expensive land place right here and do I want to go through and finish the house up?
Speaker CDon't want to sell it to a developer that could put two houses on this piece of property.
Speaker CThere's so many different things to look at, and for me, I have to get in the unemotional side of things out there when it comes to this.
Speaker CAll right, what's going to bring me the best money and the best return on the investment?
Speaker CSo those can be tough questions to ask.
Speaker CAnd yeah, do I want to see an excavator come in and knock down this beautiful house.
Speaker CNo, but is there something to be gained by selling it financially and doing something with it?
Speaker CYeah, it's wasteful something.
Speaker CThere's always a little twist.
Speaker CSo we'll see what happens with life on this one.
Speaker CI'm throwing it out in the wind and we're just going to see what the numbers come in and to have some fun with it.
Speaker CBut nonetheless, some exciting times ahead in 2025.
Speaker COne other thing I wanted to bring up today, and this has been something very interesting, and I'm in a lot of social media groups, Facebook groups to be specific.
Speaker CI am in so many things.
Speaker CWe have our around the house nation, which we're growing.
Speaker CI'm in one called Ask a cabinet Maker.
Speaker CDIY home improvement projects.
Speaker CThere's so many different ones out there.
Speaker CAsk the appraiser.
Speaker CAll these different groups.
Speaker CI'm either an admin or a expert contributor for.
Speaker CAnd it is one of those things that I'm seeing so very much where the same problems are happening over and over again.
Speaker CGreat example.
Speaker CAsk a cabin maker.
Speaker CAnd this is an interesting group.
Speaker CThere's 33, 34,000 people in this group.
Speaker CBut if I was going to sit there and say, what is the trend in these groups?
Speaker CAnd it's interesting in the Ask a cabinet maker group, 99% of all cabinetry, construction, finish and even design issues are because of small custom cabinet shops that probably shouldn't be in business that are just absolutely building a ugly, horrible product.
Speaker CBad finish.
Speaker CAll these other weird little things going on, caulking cabinet doors before they finish them.
Speaker CJust ugliness.
Speaker CAnd I'm seeing that over and over again.
Speaker CSo it's one of those things that I wanted to bring up in this episode here to be very careful up there.
Speaker CBe very careful when you're out looking at cabinetry, quite frankly, the stuff you're going to get in, you know, Home Depot, Lowe's, or a branded cabinetry that's coming out of your local kitchen and bath design center.
Speaker CThat's the place I would go by as my local kitchen and bath design center.
Speaker CTalk to them.
Speaker CThat is your safest bet.
Speaker CHome centers.
Speaker CThere's some decent stuff in there.
Speaker CAre you paying a little more for it because it's the home center?
Speaker CAbsolutely, you are.
Speaker CBut I'm seeing homeowners, contractors walking into these little custom cabinet shops and the disasters that are coming out are horrible.
Speaker CJust ugliness.
Speaker CBad design, bad construction, name it.
Speaker CBut it's always the same Character actors.
Speaker CNow, there are a lot of great custom shops out there that are small, but you as a consumer have to go do your due diligence to understand it because that is so.
Speaker CThe marketplace is so riddled with low quality cabinet shops using lacquer finishes.
Speaker CThat's one of the first things I would ask.
Speaker CWhat kind of finish are you putting on the cabinetry?
Speaker CIf they say lacquer or cat lacquer, I'm done.
Speaker CNext, I want to see them running that higher end finish to protect your investment.
Speaker CI've even seen some custom cabinet shops sending out raw cabinets and the contractor is supposed to finish them on site for stain, let alone paint.
Speaker CThat's a hard no.
Speaker CSo be very careful as a consumer out there, guys, when you're out looking at cabinetry, if you're out there looking at it, you're gonna.
Speaker CI'm gonna do a remodel.
Speaker CSend me a message over to roundthehouse online dot com.
Speaker CI'll give you my two cents.
Speaker CI tell you what I'd be looking for.
Speaker CFeel free to ask out.
Speaker CI can be your resource there.
Speaker CI do get back to people on that.
Speaker CThat drops right into my email box.
Speaker CI would much rather help you spend a couple minutes there than have to make a show out of it and just talk about how bad.
Speaker CHow bad things went.
Speaker CSo take some time, do your research.
Speaker CIt's going to save you so much money and headache in the end and I want to make sure that you've got that dialed in.
Speaker CAll right, everybody, I gotta run here.
Speaker CI've got so much to do today.
Speaker CWe've got a great show coming up this weekend and we'll talk about that on Friday.
Speaker CBut tons of brand new content, lots of good stuff.
Speaker CHappy Spring, Happy birthday to us.
Speaker CWe've got a great week ahead and some epic episodes coming up that you are not going to want to miss.
Speaker CWe've got some new interviews.
Speaker CWe got some great stuff coming up.
Speaker CGoing to be talking about smart home stuff.
Speaker CWe're going to be talking about lighting.
Speaker CThere's so many great things happening that I'm excited because we're going to be talking about some stuff I've been wanting to talk about for a very long time.
Speaker CI'm Eric G.
Speaker CThanks for tuning into around the House.
Speaker CWe'll see you on Saturday.
Speaker ASomewhere unseen and undiscovered Anywhere beyond the me Life is a love song let's be lovers we're all over the radio Take my hand out Nowhere to go all over the radio With.