LBM Alert Header File
8.08.17
  • Baby Boomers Who Won't Sell Are Dominating the Housing Market
  • Building permits lag housing market, economic gains
  • Housing demand strengthens through summer, but here’s why some buyers are giving up
  • These millennials are buying houses because they want their pets to have more space
  • News Briefs
  • Industry Events
Baby Boomers Who Won't Sell Are Dominating the Housing Market

Jake Yanoviak is hunting for houses. On a weekday afternoon in North Philadelphia, the 23-year-old painter cruises along on his bike, its black paint obscured under stickers from breweries and rock bands. He turns onto a side street, where he spots a few elderly neighbors, standing on adjoining porches. He parks, leans on one handlebar and makes his pitch.

“Anybody on the block considering selling?” Yanoviak asks gently. “I’m not a developer, I’m not interested in renting to students. I’m just a kid trying to buy a house, fix it up and live in it.”

Read the whole story at Bloomberg

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Looking for an E-Log Loophole?

GPSWhile there is no getting around the Electronic Logs Mandate on December 18, 2017, the FMCSA has made it clear there are some exceptions to the rule. Although the FMCSA has outlined clear exemptions and exceptions, don’t assume your fleet or your drivers can take advantage of them. If you are not exempt, equip your fleet with a cutting-edge, yet simple to use E-Log solution from GPS Insight.

 


Click to find out if you are exempt.
 
Building permits lag housing market, economic gains

Gains in housing market and economic gains continued in the second quarter of 2017 but building permits did not keep pace.

The National Association of Realtors/First American Leading Markets Index shows that nationwide markets are running at 102% of normal housing market and economic activity.

House prices are well ahead (152%) of normal while employment is at 98%. Housing permits for single-family homes are at just 54% though.

Read the whole story at MPAMAG.com

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Learn More at http://www.uspconnectors.com/us/products/anchoring-solutions/anchoring-epoxy/cia-gel-7000-c-cracked-concrete-epoxy

 

Housing demand strengthens through summer, but here’s why some buyers are giving up

There is still plenty of demand for housing. Potential buyers, both young and old are trolling listings online and packing in to crowded open houses. But they are not rushing to write offers. The culprit may be sticker shock.

While buyers in June were still requesting tours at the same rate as May, 11 percent fewer were putting pen to paper on an offer, according to Redfin, a real estate brokerage which surveyed 15 major metropolitan housing markets. The same is true, however, throughout much of the nation.

Read the whole story at CNBC

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Dancik Dancik International, a Kerridge Commercial Systems Group company, provides fully integrated software and services focused on the distributive trades, specifically the building materials, lumber, floor coverings, home décor, electrical and plumbing distribution, wholesale and retail markets. Our functionally rich software provides a fully integrated solution supporting the distributive trades including sales order processing, Finance, CRM, warehouse management, delivery management, equipment leasing, light manufacturing, EDI, online trading, business intelligence and mobile ready. Available either on-premises or in the K-Cloud. Your Business Your Way.

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These millennials are buying houses because they want their pets to have more space

When Erin Dreiling and her then-fiancé went house-hunting in Atlanta eight years ago, their Ciarn Terrier, Cozmo, helped them make the choice between townhouses with less outdoor space and a more traditional single family home.

Dreiling, who was 27 at the time, said she and her now-husband were keenly aware they were buying a home for Cozmo too. “We decided we needed a house with a big ol’ yard,” said Dreiling, who works in marketing. “One of our requirements was a big window to look out the window and walk some doggie TV. As a terrier, he’s really interested in watching small furry creatures.”

Read the whole story at MarketWatch

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News Briefs

Builder Confidence in the 55+ Housing Market Strengthens in Second Quarter MORE

TAL Holdings
Acquires Browne Lumber MORE

LP to Acquire International Barrier Technology for $22M MORE

Trex Acquires SC Company, Launches Trex Commercial Products MORE

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Beyond Low Price: What Builders REALLY Want

LBM StrategiesThat's just one of the 13 presentations you'll experience when you join other LBM industry leaders from across the U.S. at the LBM Strategies Conference 2017. Prepare 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.

The LBM industry's most robust conference will kick off with NFL legend Ed "Too Tall" Jones signing autographs and talking football at a welcome cocktail reception, and will conclude with VIP Tours of The Star--the Dallas Cowboys new headquarters and state-of-the-art training facility. Sandwiched between those two memorable events is a can't-miss agenda packed with leading dealers from across the U.S.

Register by August 31 to save $100!

Learn more and register today at LBMStrategies.com 

Industry Events

2017
 

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. 22-24, LBM Advantage Forest Products Conference, Baltimore, MD, www.lbmadvantage.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

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FREE Builders’ Show Expo Pass in August!

IBSDuring the month of August, dealers and distributors can register for a free expo pass to the 2018 NAHB International Builders’ Show® (IBS). IBS is the building industry’s biggest event, featuring unparalleled networking opportunities to meet vital business partners while exploring the largest trade show in North America showcasing the latest building products, trends and technology. Join us in Orlando, January 9-11, to grow your business and increase your sales.

 


Register for your free expo pass today!