BANN BULLETIN
SEPTEMBER 2020
Builder Confidence in Single-Family Market at Record High
Article by NAHB
In a sign that housing continues to lead the economy forward, builder confidence in the market for newly-built single-family homes increased six points to 78 in August, according to the latest NAHB/Wells Fargo Housing Market Index (HMI). The HMI now stands at its highest reading in the 35-year history of the series, matching the record set in December 1998. Derived from a monthly survey that NAHB has been conducting for 35 years, the NAHB NAHB NAHB/Wells Fargo Housing Market Index gauges builder perceptions of single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.” The survey also asks builders to rate traffic of prospective buyers as “high to very high,” “average” or “low to very low.” Scores for each compon- ent are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view condi- tions as good than poor. 

All the HMI indices posted gains in August. The HMI index gauging current sales con- ditions rose six points to 84, the compo- nent measuring sales expectations in the next six months increased three points to 78 and the measure charting traffic of prospective buyers posted an eight-point gain to reach its highest level ever at 65. Looking at the three-month moving averages for regional HMI scores, the Northeast jumped 20 points to 65, the Midwest increased 13 points to 63, the South rose 12 points to 71 and the West increased 15 points to 78. 
NAHB Again Endorsing Pro-Housing Candidates for Congress
Article by NAHB
NAHB is once again endorsing candidates for the U.S. House and Senate in the upcoming Nov. 3 elections. NAHB endorses candidates who have shown a commitment to policies that promote homeownership and rental housing opportunities for all Americans. NAHB makes all of its endorsement decisions in concert with the state and local home builders associations (HBAs) of the lawmakers under consideration. To date, NAHB has endorsed 82 candi- dates, including 72 in the House and 10 in the Senate. Many of the endorsements were made for primary elections. NAHB will continue to work with its state and local HBAs to announce additional endorsements and updates based on primary results. As the nation deals with the COVID-19 pandemic, NAHB encourages all voters to prepare now to ensure your vote counts on Election Day. You can check your state’s voter registration deadlines and mail-in voting rules on vote.org. The organization also has a listing of voting changes made by each state in response to COVID-19. 

Lumber Prices Up 130% Since April 
Article by NAHB
Lumber prices have risen more than 130% since mid-April. As a result, the average cost of lumber in a typical new single-family home has gone up by $13,500 and by $5,100 in a typical multifamily home. NAHB is asking Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer to re-engage with Canadian officials to achieve a long-term agreement on softwood lumber. NAHB is also asking the U.S. Lumber Coalition to find ways to address shortages in the domestic lumber supply chain. 
Consider Serving On
An NAHB Committee
Article by NAHB
NAHB invites all members in good standing to consider serving on a committee or council board of trustees. These groups meet in person during the Spring and Fall Leadership Meetings and at the International Builders’ Show to discuss legislative and regulatory news, industry trends and more, and to make informed policy recommendations to NAHB’s Board of Directors. The 2021 application period is open until Oct. 30, 2020.
NAHB Education An Online Success
Article by NAHB
NAHB Education has adapted quickly to COVID-19's effects on the classroom, and is now offering its intensive, full-day designation courses – such as those for the Certified Aging in Place Specialist (CAPS) professional designation – on a virtual platform. The designation courses are commonly offered through HBAs. The transition has been a success for students, instructors and HBAs offering the courses, because more people can attend from their home or office.
Welcome our Newest Members!

  • Resource Management & Development 
  • Geologica Geothermal Group Inc.
  • HOAMCO Homeowners Association
  • L&H Concrete
  • Ferrellgas 

Thank You for
Renewing!
  • Emigrant Storage
  • Specialized Power & Maintenance
  • Wells Fargo Home Mortgage
  • Building Concepts Inc
  • Coldwell Banker Select Real Estate
  • Green Street Companies, LLC
  • HG Adhesive Dispensing
  • Saltern Investments
  • BORM International
  • RenoTahoe Glass
  • Professional Warranty Service Corporation
  • McDonald Carano, LLP
  • Quick Space
  • Lemons, Grundy & Eisenberg
  • Krch Realty, LLC
  • Junk King Reno
  • ESP West LLC
  • CEI Alarm
  • Truckee Meadows Water Company
  • Gateway Mortgage Group
  • Michael Baker International
  • TriEx Development, LLC
  • Paradiso Communities
  • Reno Land Development Co.
  • Jacobs Entertainment, Inc.
  • High Mountain Door & Trim, Inc
  • Calibrated Concrete Construction
  • Reliance Grounds Management
  • DeBard Plumbing
  • Sunstate Companies LLC
  • River Concrete & Construction
  • Industrial Handling Equipment
  • Greenhouse Garden Center
  • Jensen Electric Company
  • Interior Logic Group
2020 will mark the remodel of 13 cottages out of 25 on the STEP2 Campus. 

Teams are partnering with local businesses for construction materials, new furniture and monetary donations. If you’re interested in being involved in this project, please follow the link below:

LOTUS RADIO
ft. Trade Development co-chairs Clint Stitser and Josh Denton
September 13th, 2020 @ 7:30 A.M.

Clint Stitser & Josh Denton will be talking about getting people interested in pursuing construction related careers.

Tune in! and listen Sunday, September 13th, 7:30 a.m -8:00 a.m. Radio Stations: 94.1, 94.5, 104.5, 105.7, 100.1, 630, & 1180.
Member Only Area
Have you logged into the MEMBERS ONLY area on our website yet? You can manage your membership, pay bills, register for events, and more! There’s even an app for your phone!
Contact our office for more info or help
RFP/Bid Area Members Only
The BANN members only area got a new feature!
You can now browse and post bid solicitations viewable to other members. 

  • Builders looking for subcontractor pricing for a new job?
  • Subcontractors looking for other subcontractor pricing for a project? 
  • Marketing, event, and other pricing needs?

Call

to reserve a spot
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