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5.9.17
  • Will Millennials Follow in Parents' Home-Buying Footsteps?
  • Commerce Secretary Warns Canada Against 'Retaliatory Action' on Lumber Tariff
  • Builder Confidence In 55+ Market Down, But Still Positive
  • More Housing = More Affordable Housing
  • NADRA Releases Deck Safety Resources
  • News Briefs
  • Industry Events
Will Millennials Follow in Parents' Home-Buying Footsteps?

All eyes in the housing industry are on where millennials are moving next. They are alternately billed as the future of the single-family housing market and that of the multifamily sector.

Actually, it’s probably both, given the size and diversity of the age group. And this future has been a long time coming, since millennials have been slower than previous generations to move out on their own and form independent households, much less buy a home.

Read the whole story at Forbes

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This Deck Tension Tie’s Adjustable Design Accommodates Multiple Deck Joists

Mitek The Adjustable Deck Tension Tie by USP® is the only deck tension tie on the market engineered to adjust. Designed with safety in mind, it easily transfers lateral loads from the deck to the house structure — meeting code requirements. And, it can be installed quickly and easily with the WS or Lag screw either adjacent to or below the deck joist, eliminating the need for blocking extensions and making install more efficient. Expect a new standard of performance with products engineered to make life easier.

Learn More at Mitek-US.com/ADTT

Commerce Secretary Warns Canada Against 'Retaliatory Action' on Lumber Tariff

Secretary of Commerce Wilbur Ross on Saturday doubled down on the imposition of tariffs on Canadian softwood lumber, saying they were not based on "political considerations" and that "threats of retaliatory action" are "inappropriate."

"The Department of Commerce's recent preliminary decision to impose tariffs on Canadian softwood lumber was based on the facts presented, not on political considerations," Ross said in a statement. "If any Canadian or British Columbian official wishes to present additional information, we will consider it carefully and impartially."

Read the whole story at Politico

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Roseburg DuraTemp® Real Wood Siding

Roseburg Roseburg DuraTemp® siding has a natural textured appearance with a surface that is 100% clear and free of patches and repairs. It’s easy to paint and can withstand exposure to the elements. DuraTemp is manufactured with a strong plywood veneer inner core made of western softwood veneer and a fully water resistant (NAUF) phenolic resin. The surface is a tough hardboard face that won’t split, crack or check -- even with rough treatment. The plywood core is easy to handle and install yet stronger than most other siding products. Unlike vinyl and cement siding, DuraTemp siding is made from real wood, an environmentally friendly renewable resource.

Learn More

Builder Confidence In 55+ Market Down, But Still Positive

Despite a 12-point drop from the previous quarter, builder confidence in the single-family 55+ housing market remains in positive territory for the first quarter of 2017 with a reading of 55, according to the National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI) released today. This is the 12th consecutive quarter with a reading above 50, which means that more builders view conditions as good than poor.

Read the whole story at LBM Journal

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The single best value in preventive maintenance and repair…

Perma-BootThe Perma-Boot is a gasket-less two- piece pipe boot repair system designed to permanently repair the most common type of roof leak - the leak around the vent pipes that penetrate your roof.
  • Perma-Boot slides over your existing roof vent boot, preventing leaks ​
  • Installation takes just a few minutes - no tools required ​
  • Designed for all standard roof pitches - 3/12 to 12/12
  • Guaranteed to be leak free for the life of your shingles
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More Housing = More Affordable Housing

It’s no secret that in coastal cities — plus some interior cities like Denver — rents and home prices are up significantly since 2009. In many areas, prices are above what they were at the peak of the last housing bubble. Year-over-year rent growth hits more than ten percent in some places, while wages, needless to say, are hardly growing so fast.

Lower-income workers and younger workers are the ones hit the hardest. As a result of high housing costs, many so-called millennials are electing to simply live with their parents, and one Los Angeles study concluded that 42 percent of so-called millennials are living with their parents. Numbers were similar among metros in the northeast United States, as well.

Read the whole story at ValueWalk

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DeckWise® Altitudes Pedestal™ System

Displaying DeckWise250x300.gifThe engineers at DeckWise® developed the Altitudes Pedestal™ System to transform underutilized sloped roof tops, concrete patios, and balconies into beautiful outdoor living spaces. Pedestals will support and elevate 24" x 24" Ipe hardwood deck tiles over multiple substrate slopes for a perfectly level deck tile surface with a load bearing capacity of up to 1,200 lbs. per pedestal.

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NADRA Releases Deck Safety Resources

May is Deck Safety Month, the perfect time for homeowners to ensure their decks are in top condition for the season ahead. The North American Decking and Railing Association (NADRA) invites consumers to Check Your Deck using resources such as the 10-Point Consumer Checklist..

Read the whole story at LBM Journal

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DID YOU KNOW?

PlyGemNot a single county in the U.S. can fill 100% of its need for safe, affordable housing. That’s just one reason Ply Gem is proud to lead Affordable Housing Month this May. Now is the time to band together, generate awareness for this important cause and show your customers that you are an advocate for fair, accessible housing. Request a free merchandising kit for your showroom to engage with customers and help us spread the word about Affordable Housing Month.

Learn More

 
News Briefs

Boral Completes Acquisition of Headwaters, Parent Company of The Tapco Group MORE

Mead Lumber Acquires Kildare Lumber Locations MORE

Zeeland Lumber and Supply Acquires Maverick Building Systems MORE

Do It Best Corp. Announces New Divisional Merchandising Manager MORE

Industry Events

2017

May 19-22, Do it Best Spring Market, Indianapolis, IN, www.doitbestcorp.com

July 27-30, Building Material Suppliers Association (BMSA) Summer Conference, Virginia Beach, VA  www.mybmsa.org

Aug. 24-26, Orgill Fall Dealer Market, Boston, www.orgill.com

Sept. 7-8, LBM Strategies Conference, Frisco, TX, www.LBMStrategies.com

Sept. 20-22, Construction Suppliers Association (CSA) Annual Conference & Expo, Savannah, GA, www.gocsa.com

Sept. 25-27, True Value Fall Reunion, Chicago. www.truevalue.com

Oct. 4-6, Florida Building Material Association (FBMA) Convention and Gulf Atlantic Building Products Expo, Orlando, www.fbma.org

Oct. 13-16, Do it Best Fall Market, Indianapolis, IN, www.doitbestcorp.com

Oct 24-26, Forest Products & Building Materials Expo, Philadelphia, PA, www.lmc.net

Nov. 7-9, Western Building Material Association 115th Annual Convention, Marysville, WA, www.wbma.org

Nov. 8-9, West Coast Lumber & Building Material Association (WCLBMA) Annual Convention and 100th Anniversary Celebration, Rancho Mirage, CA. www.lumberassociation.org