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BANN BULLETIN
FEBRUARY 2019
Upcoming Events

@ Nothing to It!

Mar. 28- Orientation
@ The Builders Association

@ TheHaynes Home
On April 25, the Builders Association Charity will be hosting Love by the Glass at the Haynes Home (775 California Ave) Join us with tasty hors d'oeuvres, wine and beer tasting, a blind wine selection, raffle prizes and much more! Tickets are $65 per person in advance and $80 at the door.This event will be benefiting the Washoe County Child Advocacy Center and STEP2 . Love by the Glass is right around the corner- register today!
BANN Legislative Update
The 80 th Legislative Session started on February 4 th . Even though we are only days into the start of the session, things have been moving quickly. To date, representatives for the Builders Association of Northern Nevada have attended multiple hearings concerning bills that would directly impact the building and construction industry if passed. BANN is currently tracking more than 100 bills that have been filed which will only increase in the coming days. Stay tuned for more information as the legislative session progresses. 
Small Price Increases Can Exclude Millions
It takes only a small uptick in home prices and mortgage rates to price more than 1 million potential home buyers out of the market for a median-priced home. For example, $1,000 might sound insignificant when compared to the overall price of a new home. But that relatively small amount has a surprisingly big impact on affordability. NAHB economists recently determined that for every $1,000 increase in today’s median U.S. home price, 127,560 American households are priced out and would no longer be able to afford to buy the home. In other words, based on their incomes, 127,560 households would be able to qualify for a mortgage to purchase the home before the price increase, but not afterward. More information, including priced out estimates for every state and over 300 metropolitan areas, and additional details about the methodology of the study, is available here .   
Welcome our Newest Members
  • The Door Man of Nevada
  • Olcese Construction
  • Nevada Commercial Coatings
  • Airhart
  • Knox Excavating
  • Bedrosians Tile & Stone
  • KC Insulation
  • Star Logistics
  • Kidder Matthews
  • Group West Construction
  • Pyramid Mechanical Services
  • Braemar Construction
Thank You for Renewing!
  • Architectural Design Group
  • Axion Engineering
  • Bates Homes
  • Bruce MacKay Pump and Well Service, Inc
  • Campbell Construction Company, Inc.
  • Caughlin Ranch HOA
  • Cavallero Heating & Air Conditioning
  • Community Services Agency & Development Corporation
  • Czyz's Appliance Inc
  • D & D Roofing & Sheet Metal, Inc
  • Dickson Realty
  • ERGS, Inc.
  • Fairway Independent Mortgage
  • Finely Industries, Inc.
  • First Independent Bank
  • Frame Architecture
  • Greater Nevada Mortgage
  • His Plumbing
  • JCI Reno
  • Kodiak Roofing & Waterproofing Co.
  • Nevada Realtors
  • Nevada Rural Housing Authority
  • Reno Gazette Journal
  • Rilite Aggregate Co.
  • Sierra Coast Roofing, Inc.
  • Simple Power Solar
  • Square One Solutions
  • Summit Engineering & Corporation
  • Titan Construction Supply, Inc.
  • Topaz Construction, Inc.
  • TRC Homes
  • Truckee Tahoe Lumber Co.
  • United Site Services, Inc.
  • Warfield Residential Design
  • Waste Management
  • Western Title Company
  • Western Turf and Hardscapes
Portal Highlights Housing Data
NAHB’s housing portal is a website that delivers a wide range of housing and polling data specific to congressional districts and major metropolitan areas. Produced in cooperation with the polling firm Morning Consult, this tool enables builders to demonstrate to policy makers the importance of the housing industry.   
Why is Wage Growth so Lousy?
Elliot Eisenberg, Ph.D.
GraphsandLaughs, LLC
While the most recent jobs report showed the unemployment rate at 4.0% — the lowest rate in almost 50 years — it also showed annual wage gains running at just 3.2%. While that is the best rate of growth in over a decade, late in the last business cycle, wage gains were over 4%, and at the height of the dot.com bubble, wage gains were over 5% a year. Shouldn’t the current tight job market result in faster wage growth as employers compete for increasingly scarce workers? The answer is “not really,” and it’s for several reasons.   See More
Recruit the Next Generation
The start of a new year is a great opportunity to remind your local community about the rewarding careers available in residential construction.
The Careers in the Construction Trades section on nahb.org provides detailed information on six popular home building trades: carpentry, electrical, HVACR, masonry, painting and plumbing. The resources provide trade-specific salary information and videos that the user can share to showcase the different career paths available in the residential construction industry.
NAHB also continues to update its members-only Skilled Workforce Development Resources to help you recruit skilled labor and spread the word about the valuable careers available in residential construction.   

Is your company hiring?
Let us know and we can list it!
Contact the BANN office by
e-mailing: info@thebuilders.com or calling our office
775-329-4611

Call
775-329-4611
 to reserve a spot
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