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NLBMDA Celebrates National Homeownership Month

The National Lumber and Building Material Dealers Association (NLBMDA) celebrates President Donald Trump's proclamation that June is National Homeownership Month. NLBMDA is committed to working with Congress and the Administration on policies that help more Americans achieve the dream of owning a home.

Homeownership remains a priority for many Americans. According to the United States Census Bureau, the share of Americans who own their homes was 63.6 percent for the first quarter of 2017. Moreover, in a recent national Gallup survey, nearly seven in 10 non-home owners expect to buy a home within the next 10 years. 

Preservation of the mortgage-interest deduction plays an important role in helping households of all income levels become homeowners. NLBMDA supports the tax incentive and opposes efforts to reduce or eliminate it as part of comprehensive tax reform. 

Reforming burdensome regulations would also increase the nation's homeownership rate. A study from the National Association of Home Builders indicates that regulations imposed by government at all levels accounts for 24.3 percent of the final price of a new single-family home built for sale. 

Three Ways to Make the Most of a Post-Holiday Workweek

I don't know about you, but the workday after a holiday has always felt a little disjointed to me. On one hand we should be ready to take on the world after an extra day or two of rest from work, but on the other hand, I find myself longing for more of that personal or family time that I got during the day off. If I'm not careful, I can find myself meandering through my day and not getting anything of real value accomplished. Read more .

Source: Jones Loflin, Productivity Expert and Best-Selling Author, May 30, 2017

Lumber News

Huttig Announces Strategic Partnership… Huttig Building Products, Inc., a leading domestic distributor of millwork, building materials and wood products, is pleased to announce a distribution agreement with GAF, broadening Huttig’s national product offering. Huttig will distribute a variety of GAF roofing products, including shingles and roofing accessories. Read more.
Source: Huttig, May 30, 2017

Is Persistence the Key to Business Success? One common belief amongst business owners is that success is often the result of being in the right place at the right time. But here’s the thing: It’s not that simple. You can’t expect to appear on the scene and step into a big puddle of success. Success isn’t a one-shot deal. In fact, it can take 10 years to become an “overnight success.” Persistence can play a part in becoming successful. You have to show up and keep on showing up until you make it. Read more .
Source: American Express Open Forum, June 5, 2017

Age of Construction Workers… A scarcity of labor remains an important headwind for home builders and the entire construction industry. NAHB analysis of the most recent 2015 American Community Survey (ACS) data reveals that the median age of construction workers is 41, which is the same as the median age of the overall labor force.
As home building continues its recovery, there are significant labor market developments. Read more .
Source: NAHB Eye on Housing, June 7, 2017

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