April 2021 E-Newsletter
Greetings and Welcome to the April 2021 Edition of the BBBA E-Newsletter
We have included information about upcoming events along with relative news as it affects our lives, our health and the building industry.
As always, we encourage you to visit the following websites for additional news and information:
Blair/Bedford Builders: www.blairbedfordbuilders.com
Pennsylvania Builders Association: www.pabuilders.org
National Association of Home Builders: www.nahb.org
News and Announcements:
Lumber prices up 188% - when will the wood shortage end?
As of the week of March 11, the price of lumber per thousand board feet is at $1,044, according to Random Lengths. That's an all-time high, and up 188% since the onset of the pandemic. The National Association of Home Builders calculates that current lumber prices are adding at least $24,000 to the price tag of a typical new single-family home.
This price shock is a classic example of the supply and demand curve. On one hand supply has fallen as a result of COVID-19 restrictions hampering sawmills, while quarantining Americans pursuing home renovations or do-it-yourself projects increase the demand for timber. The matter is made worse by low interest rates and tight existing home inventory which has caused new home builders to ramp up production. The demand for new homes is so high that even during an economic crisis we hit a 14-year high in new housing starts in December.
The burning question among everyone from home builders to DIYers is: When will lumber prices correct? To answer that question, Fortune reached out to Dustin Jalbert, senior economist at Fastmarkets RISI where he specializes in wood prices.
Jalbert told Fortune a lumber correction will come, the only question is when. If the vaccine rollout is successful, he says, some price relief should come later this year. Stay tuned!
Ballot Questions on Limiting Emergency Declarations:
On May 18, 2021, voters will be asked if the state constitution should be amended to limit future emergency declarations to 21 days unless extensions are approved by the General Assembly. The ballot language for consideration by the voters is written in a way that shows the Wolf Administration wants these measures to fail. Of course he does, because the current system allows him to make his own rules and restrict, WE THE PEOPLE, as to how we live our lives and run our businesses.
Be informed.......vote YES to the Constitutional changes so that one individual CANNOT shut down our Commonwealth in the future.
Advertising space on our website is filling up quickly.....if you are interested in placing an ad, visit our website: www.blairbedfordbuilders.com and see how the rolling banner advertising works.
The cost is only $25.00 per month with a minimum 6-month commitment. We average over 400 hits per month on our website, and, as one advertiser said, "the cost of advertising on the BBBA website is the best bargain in town."
If you like what you see and want to place your ad, simply download the form, fill it out and mail it along with your check to the BBBA Office at: 1410 Allegheny Street, Hollidaysburg, PA 16648
Please see details below under Calendar of Events
Insurance, Discounts & Rebates:
It pays to be a member ......Insurance: Workers Comp Insurance by Eastern Alliance through McConkey & Co. visit Ryan Dixon @ firstname.lastname@example.org Health Care through PBIP call 1.888.333.7526
Discounts: National Purchasing Partners, visit www.mynpp.com to see the various materials, products and services that offer you discounts
Rebates: Join the member rebate program at: https://www.hbarebates.com or email: info@HBArebates.com You will find more than 50 of the country's leading manufacturers that participate in this program
PA One Call: Fax or mail your invoice to the BBBA Office @ 814.693.9712 and we will forward your invoice for payment. DO NOT pay direct.
These are just a few of the many member benefits that are available to both associate and builder members of the BBBA, PBA and NAHB. For a complete list of the member benefits, please visit the above websites.
Membership Information & Renewals:
Thanks to the following businesses for renewing their membership in the BBBA:
T.L. Long Excavating, Inc.; D&D Enterprises, GC; Berkheimer's Construction, LLC; J. Benjamin Yeager, Attorney at Law, LLC; Ollinger Bros., Inc.; Dennis L. Olewine Contractor; Beavertown Block Co., Inc.; Paul Kane Trash Removal; YNC Construction, LLC
Please welcome our newest member: Peight's Window Specialty, LLC located at 539 Heritage Road, Osterburg, PA 16667. Their phone number is 814.276.9388. The owner is Melvin Hostetler and he was sponsored by Joe Keith of the Teeter Group. Melvin is our latest member to join the Workers Compensation Program.
Calendar of Events:
April 6th: General Membership Social Gathering; U S Hotel; 6:00p Registration; Vocals and guitar by Bree
Gearhart; In place of the buffet, we will be offering a variety of hors d' oeuvres served by the
Hotel staff; Cost is $25 p/p; Spouses and significant others are more than welcome.
Reservations are required; please respond to this e newsletter to make your reservations.
April 27th: Board Meeting; U S Hotel; 5:30p
May 4th: General Membership Meeting; U S Hotel; 6:00p Registration
May 25th: Board Meeting; U S Hotel; 5:30p
June 1st: General Membership Meeting; U S Hotel; 6:00p Registration
June 17th: 25th Anniversary Golf Tournament; Park Hills Golf Club; Details to follow via special media
June 29th: Board Meeting; U S Hotel; 5:30p
July 13th: Summer Picnic at the Swiss Club; Details to follow via special media
July 27th: Board Meeting; U S Hotel; 5:30p
Reservations are required for all events. If you make a reservation and do not cancel it 48-hours prior to the event, you will be billed. Email reservations to: email@example.com
Famous Quote: "Leadership is a potent combination of strategy and character. But if you must be without one,
be without the strategy"
General Norman Schwarzkopf
Four ways to contact us: email: firstname.lastname@example.org ; website: www.blairbedfordbuilders.com
phone: 814.693.9710 ; fax: 814.693.9712
1410 Allegheny Street • Hollidaysburg, PA 16648 • United States • Click here to unsubscribe.