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In This Issue
11.15.2016
  • What Effect the Trump Administration Will Have on the Housing Market
  • PROFILE: Continuity and Service at the Heart of Trico Lumber's Growth
  • With Home Prices Soaring, Should We Worry About Bubble 2.0?
  • Spike in Mortgage Rates Throws a Wrench Into U.S. Housing Market
  • Fannie and Freddie's Status Continues to Provoke Criticisms
  • News Briefs
  • Industry Events

What effect the Trump administration will have on the housing market

The housing market was at the forefront of the presidential election eight years ago but barely received any attention in this campaign. Now as Donald Trump prepares to take office, what lies ahead for home buyers and sellers?

Trump provided few hints of his thinking while running for office, leaving most industry observers to guess at what his plans will be.

Read the whole story at The Washington Post


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ProVia offers its energy-efficient windows in a number of popular window styles, including double hung, casement, awning, slider, bay, bow, picture and garden windows.

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PROFILE: Continuity and Service at the Heart of Trico Lumber's Growth

"Continuity" is the first word Kyle Morgan uses to describe Trico Lumber Co.'s continued growth in East Texas. It is continuity, Morgan says, that keeps employees on staff for decades, and it's the continuity of those longstanding employees that keeps customers coming back.

"Service" is the second word Morgan uses. Service, he says, determines whether any business will succeed. Through continuity and service, Morgan has grown Trico Lumber Co. from a single store to a successful three-location chain through some of the country's most difficult economic times.

Read the whole story at LBM Journal


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K8 – A fully integrated Business Management solution for LBM distributors, wholesalers, suppliers and retailers.

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, flooring, electrical and plumbing distribution, wholesale and retail markets.

K8, 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. 

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WITH HOME PRICES SOARING, SHOULD WE WORRY ABOUT BUBBLE 2.0?

If you own a home and you've visited real estate information websites Zillow, Trulia, Redfin, or any of the like recently, you've probably noticed an interesting trend: Your home is increasing in value at a rate that's far and away higher than the national rate of inflation.

According to the S&P Case-Shiller Home Price Index, which tracks residential real estate prices nationally, as well as within 20 large metropolitan regions, residential real estate prices rose 5.3 percent between Aug. 2015 and Aug. 2016. By comparison, the national measure of inflation, the Consumer Price Index, has moved higher by a little more than 1 percent over the trailing 12-month period.

Read the whole story at Newsweek

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Kleer PVC Trimboards

Kleer PVC TrimboardsKleer PVC Trimboards are ideal for corners, fascia, soffits, rakes, casings, cornices and other applications, delivering the advantages of natural wood without the upkeep.

Innovative TruEDGE® technology provides sharper, cleaner edges that resist dust and dirt, and a smooth finish that’s easier to clean than wood trim or PVC boards without sealed edges. UV inhibitors provide long lasting protection over time, they are perfect for creating authentic accents around windows, doors and more. 

And since they don’t splinter, rot, delaminate or swell, they can be installed in direct contact with the ground, masonry or other potentially wet surfaces.


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Spike in Mortgage Rates Throws a Wrench Into U.S. Housing Market

The spike in borrowing costs in response to President-elect Donald Trump's pro-growth agenda is causing some heartburn in America's housing industry.

San Diego mortgage broker Shanne Sleder said a third of his clients, many of whom were already stretching budgets to buy homes in pricey southern California, are having to reconsider what they can afford as rates soar.

Read the whole story at Bloomberg

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Unified Purchasing Group: Volume Discounts for Your Organization

Unified Purchasing Group UPG offers eligible members significant savings on essential products and services from the most respected brands. We bring together independent suppliers in the construction industry to leverage collective purchasing power to negotiate significant volume discounts with vendor partners such as Verizon Wireless, UniFirst, Staples and other well-known brands. UPG membership provides economies of scale that help your organization better manage supply and operating costs.

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Fannie and Freddie's Status Continues to Provoke Criticisms

The presidential campaign that just ended was notable for a lack of debate about housing - in particular the uneven state of the United States mortgage market nine years since the start of the financial crisis.

Neither President-elect Donald J. Trump nor Hillary Clinton spent much time discussing housing policy, even though the financial crisis in the United States began with the collapse of home prices nationally. And neither candidate laid out a plan for dealing with the two biggest engines in the mortgage market - Fannie Mae and Freddie Mac - which remain under a controversial federal government conservatorship.

Read the whole story at The New York Times

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Is another economic downturn headed our way?

BlueTarp IndexBlueTarp’s quarterly Index shows how the health of the building supply industry is trending, compared to last year, by taking a look at driving factors:

• BlueTarp proprietary contractor spend and delinquency

• Building permits

• Consumer confidence

• Construction spend


Register to download BlueTarp’s Index and review the factors influencing the overall state of the industry.
 

Learn More


News Briefs

New Division at Huttig to Expand HuttiGrip Product Line MORE

McCoy's Building Supply Hosts Ultimate Forklift Challenge MORE

Jackson Named Builders FirstSource CFO MORE



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84 Lumber Celebrates 60th Anniversary

84 LumberFor 60 years, 84 Lumber has been supplying materials to build the nation. Fiercely independent since 1956, 84 Lumber has 250+ facilities in 30 states, and plans to open a dozen more over the next year.

The company has evolved over the years to offer manufacturing, installation services, and Kitchen & Bath Design Studios. Its innovation has paid off. 84 Lumber marked its 60th year by being named to Forbes’ Best Midsize Employers in America list.

Ready to work with the nation’s leading privately held building materials supplier?

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News Briefs

In Memoriam: Richard N. Biewer MORE

Spruce Launches New Website MORE

Coastal Forest Products to Distribute CertainTeed STONEfaçade MORE


Industry Events

2017

Jan. 11-13, International Builders Show, Orlando, FL, www.buildersshow.com

Jan. 16-17, Northwestern Lumber Association (NLA) Building Products Expo, Bloomington, MN, www.nlassn.org

Jan. 17-19, North Dakota Retail Lumberman's Association Annual Convention, Fargo, ND, www.NDRLA.com

Jan. 31, Wisconsin Lumber Dealers Convention, Wisconsin Dells, WI, www.nlassn.org

Feb. 1-2, Building Material Suppliers Association (BMSA) Building Products Show, Hickory, NC, www.mybmsa.org

Feb. 15-17, Northeastern Retail Lumber Association (NRLA) LBM Expo, Providence, RI, www.NRLA.org

March 8-10, LMC Annual Meeting, New Orleans, LA, www.LMC.net

March 13-15, LBM Advantage Annual Meeting & Business Conference, Orlando, FL, www.LBMAdvantage.com

March 27-29, National Lumber & Building Material Dealers Association (NLBMDA) Spring Meeting & Legislative Conference, Washington, DC

April 5-7, Lumbermen's Association of Texas & Louisiana (LAT) Annual Convention & Buying Show, Grapevine, TX, www.lat.org

May 20-22, Do it Best Spring Market, Indianapolis, IN, www.doitbestcorp.com, 888-DOITBEST

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