LBM Alert Header File
6.20.17
  • Growing Demand and Tight Supply Fuel Housing Affordability Concerns
  • What the latest Fed rate hike means for mortgage rates
  • Economists: Housing inventory could soon turn into an emergency
  • U.S.-Canada Trade Spat Set to Sharpen as Lumber Decision Nears
  • Tallest wooden tower in the U.S. gets green light
  • News Briefs
  • Industry Events
Growing Demand and Tight Supply Fuel Housing Affordability Concerns

A decade after the onset of the Great Recession, the national housing market has, by many measures, returned to normal, according to the latest State of the Nation’s Housing report, released by the Joint Center for Housing Studies of Harvard University. Housing demand, home prices, and construction volumes are all on the rise, and the number of distressed homeowners has fallen sharply. However, along with strengthening demand, extremely tight supplies of both for-sale and for-rent homes are pushing up housing costs and adding to ongoing concerns about affordability (map + data tables). At last count in 2015, the report notes, nearly 19 million US households paid more than half of their incomes for housing (map + data tables).

Read the whole story at LBM Journal

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Is Your Trim Inventory Getting Bulldozed Before it Even Leaves the Yard?​

PalramPVC trimboard has a tough journey from manufacturing to distributor to dealer to job site. Along the way, trim is at risk for dirt, scuffs and scratches. For a dealer, that means spending time and money on special handling and storage, cleaning, inventory shrinkage, product returns and delivery refusals.

That's why Palight Trimboard is your inventory friend: EverClean™ Protective Film on both sides of every board. Three no-paint colors (white, sand and clay). Two finishes (smooth/smooth and smooth/woodgrain). Palight Trimboard puts lost trimboard margin back into your pocket.

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What the latest Fed rate hike means for mortgage rates

The Federal Reserve raised short-term interest rates another quarter percentage point Wednesday. No surprise there. If only you could talk the central bank into a game of high-stakes, no-limit hold ’em. The Fed doesn’t have a poker face — and that’s the way it’s supposed to be.

Fed Chair Janet Yellen and her Federal Open Market Committee counterparts go out of their way to make sure short-term interest rate moves are anything but a surprise to world markets. But even an expected interest rate increase can have some very real consequences.

Here’s what this latest move means for mortgage rates.

Read the whole story at USA Today

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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 ​
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Economists: Housing inventory could soon turn into an emergency

The latest report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau showed housing starts sank to an eight-month low. Now, economists are saying that drop could intensify in the months ahead as building permits also saw a drop in May.

“Housing shortages look to intensify and may well turn into a housing emergency if the discrepancy between housing demand and housing supply widens further,” said Lawrence Yun, National Association of Realtors chief economist. “The falling housing starts and housing permits in May are befuddling given the lack of homes for sale and the quick pace of selling a newly-constructed homes.”

Read the whole story at HousingWire

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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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U.S.-Canada Trade Spat Set to Sharpen as Lumber Decision Nears

The U.S. is setting the stage to heighten one of its most-contested trade battles with Canada this month as a decision over lumber duties nears.

The U.S. Department of Commerce is scheduled to announce whether it will impose preliminary anti-dumping duties on Canadian softwood lumber by the end of June. The U.S. already escalated the row in April by slapping tariffs of up to 24.1 percent on Canadian shipments. This month’s decision may bring the combined duties to more than 30 percent according to RBC Capital Markets. The fees would be levied against companies such as West Fraser Timber Co. and Canfor Corp.

Read the whole story at Bloomberg

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Selex CMPC - Always Reliable​

CMPCAt CMPC USA we are committed to delivering high quality products that create value for our customers. That is why we developed the brand Selex, which identifies our premium product line. Selex products have a superior and consistent top quality, that gives any project a sophisticated refined look. Selex AC plywood offers an outstanding appearance, free of defects, suitable for decorative sheathing, furniture, flooring, laminating and more. Selex Beaded, our beaded plywood is ideal for decorative uses, including paneling and ceilings. It also offers an outstanding appearance, free of defects. In addition, both lines’ excellent solid core construction and consistent lay-up make for easy handling and workability. Exterior glue favors both interior and exterior applications. Today our products are present throughout the world, supporting hundreds of customers and millions of consumers in over 50 countries. We are driven to serve everyone with the same enduring commitment that CMPC was founded on more than 95 years ago.

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Tallest wooden tower in the U.S. gets green light

Timber construction is a hot new (and old) trend promising sustainable, affordable buildings without sacrificing beauty or strength. While the movement started in Europe, it’s fast spreading to the U.S.

Just last week, the country’s most ambitious timber construction project—named Framework—was given the green light, receiving its building permit following a number of safety and structural tests. When finished, the 145-foot-tall tower in Portland, Oregon, will be the tallest wooden high-rise in the U.S. Designed by LEVER Architecture, the 90,000-square-foot building will house office space, retail, and sixty units of affordable housing.

Read the whole story at Curbed

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LBM Strategies Conference 2017. Real Dealers. Real Insights. Real Solutions.

LBM StrategiesJoin other LBM industry leaders from across the U.S. to learn, share and connect this September, then get back to work armed with fresh ideas and actionable insights to grow your sales, your business and your brand. Breakfasts, lunches, coffee breaks and cocktail receptions—all included with your registration—offer an ideal opportunity to reconnect with old friends and build fresh connections.

LBM Strategies 2017 will be held at the new Omni Hotel, Frisco, Texas, (opening: July 2017). The cornerstone of the Dallas Cowboys brand new, state-of-the-art training facility and world headquarters, the hotel is located 20 minutes north of downtown Dallas, and less than 30 minutes from both DFW and Love Field Airports.

Register by June 30 to save $200!

Learn more and register today at LBMStrategies.com 

News Briefs

CPG International Appoints Hendrickson as Board Chair MORE

Missouri Lumberyard Trial Reset MORE

Manufacturers Reserve Supply to Distribute Grayne Shingles MORE

TAMKO's Lowry to Lead CLMA MORE

Industry Events

2017
 

July 20-21,  Florida Building Material Suppliers Association (FBMA) Summer EducationConference, Orlando, FL,  www.FBMA.org

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, IL, www.truevalue.com

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

Nov 8-10, NAWLA Trader's Market, Chicago, IL, www.NAWLA.org