HOT READ
Building Materials Market News & Updates
Thursday, June 2nd
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This edition of the Hot Read has TWO BIG ANNOUNCEMENTS and then your regularly scheduled programming - Please read below...
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Numero Uno...
YOU'RE INVITED TO THE
Thursday, June 16th @ 4:30pm
65 Klockner Road, Hamilton, NJ
Our annual customer BBQ event is back this year at HBS as the Hamilton PRO Experience and it's going to feature the following and more:
-Over 20 vendors & product demos
-Ice cold brews and refreshments
-All attendees receive a swag bag
-GRAND PRIZE winner receives...
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Numero Dos...
HAMILTON IS NOW STOCKING ALL
We've made a commitment to be the only dealer in New Jersey and Eastern PA that is stocking every single Benjamin Obdyke housewrap, tape and flashing accessory!
Benjamin Obdyke offers many different types of Weather Resistant Barriers (WRB's) for many different siding and wall construction applications. Why? Because Felt Paper and TY%$K just don't cut it anymore when it comes to water management between your substrate and your siding.
Give us a call or email us to find out more about these innovative WRB's!
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Cabinetry Display FOR SALE!
We're making some showroom changes and that means this kitchen display is FOR SALE! This is a Kraftmaid cabinet display, complete with quartz countertops, drawer microwave, wine fridge and base, wall and pantry cabinets!
Size: 112" W x 112" L x 101" H
Asking: $5,000
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Lumber
Feels like forever since we've given our first true love, framing lumber, a little attention. With months and months of talk about price increases and lead times rising for most building materials, surprisingly conventional lumber used for framing has been falling and lead times have been prompt.
Since March, the average price of lumber has dropped more than 50% and is currently trending around $700 per thousand board feet. To put that in perspective, prior to the pandemic the average price for lumber would trend around $350 per thousand board feet. So today, lumber is still "not cheap" at $700, but it's also not nearly as expensive as the highs of $1,600 and $1,400 per thousand that we saw in 2021 and early 2022 (OoooF Marone!).
So why the come back to pricing reality? Good old fashioned supply and demand ladies and gents. Please refer to our chart below for the simple explanation:
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Primed Pine
Unlike conventional lumber, which is a "commodity", primed pine used for interior and exterior trim boards is considered to be a "specialty product". Just like a senior in college, specialty products in our industry have a stronger tolerance against factors that can affect them when they want to go to a house party.
Primed Pine prices are on the rise and its not because of raw materials. The price increases are now affected more by the rising cost of labor and fuel. Fuel prices are as high as they've ever been and truckers are putting distributors into bidding wars to haul loads. Fuel and delivery surcharges are common now.
Expect primed pine prices to go up 3-5% in the coming month.
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Flooring
Karndean has announced a 6% price increase on it's products that goes into effect on June 6th. Supply chain disruptions and increased raw material costs are driving the price increase.
Please be sure to check out Karndean flooring at Hamilton, or ask a sales associate if you haven't already.
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Pay Your Bill ONLINE
We're making it a little easier to pay your bill at Hamilton Building Supply and you now have the option to pay your bill online through your account portal!
It's a quick process:
-Simply log into your account portal and click on the "Balances" tab on the left hand menu.
-From there you can review your current balance due and pay the whole amount or choose to pay by invoice.
-Your payment amount will be processed as an "eCheck" which is an ACH. You'll then get a confirmation that the payment has been received!
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We <3 Testimonials
Whether you're a pro customer, architect, homeowner, vendor or secret admirer, we sure would love a nice short and sweet testimonial from you! Just send us a quick email to sales@hbsnj.com to share some love with us. Otherwise if you have some constructive criticism, we'll take that too!
If you haven't done so yet, please follow us on Instagram @hamiltonbuildingsupply. We post pictures and video regularly and we hope you enjoy.
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Like what you read? Want to read it again? Check out our past Hot Reads on our website at the Hot Read Archive
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Our Vision
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"To be an equitable partner with our customers by providing unique and value-added building material solutions, supported by a dedicated team that always seeks positive experiences."
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Be sure to follow us on Instagram and Facebook
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