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Millennials Leading the Growth of New Home Buyers
As the housing industry celebrates New Homes Month in April, recent data from the Census Bureau confirms that millennials are increasingly entering the housing market as first - time buyers.
The homeownership rate of millennials - now at 36 percent - registered the largest gains among all age groups in 2017. As the nation's largest demographic group, more than 70 million millennials are poised to dominate the home buying market in the months and years ahead.
"Millennials are recognizing the benefits of homeownership and are eager to buy their first homes,"...
(Source: Building Online E-Update, April 2018 & NAHB.org, April 2018)
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Member News
*Richards Building Supply has acquired the operations of Smith Mountain Building Supply in Hardy, VA.
Send Us Your News!
If your company is having an anniversary, opening a new location, has a new hire or any company news, please contact BMSA to have the news published in an issue of BMSA's Bulletin.
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Calendar of Events
April 18-20 : CFO Roundtable (Kansas City, MO)
April 19-20 : Operations Manager Roundtable (B)
(Fair Play, SC)
April 19-20 : Emerging Leaders Roundtable 2 (Nashville, TN)
April 22-24 : Roundtable 3
(Greensboro, NC)
April 25-27 : Sales Managers Roundtable (Charleston, SC)
April 26-27: Operations Manager Roundtable (A)
May 1-2: Yard & Delivery Managers Workshop
(Burlington, NC)
May 3-4 : Emerging Leaders Roundtable 1 (Asheville, NC)
May 16-18 : Roundtable 7 (Nashville, TN)
July 26-29 : BMSA's Summer Conference
(Virginia Beach, VA)
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10 Must-Do Tasks When You Install a New Computer System
Here's how to battle this beast of a problem.
Illustration: Taylor Callery
Hercules knew a thing or two - a dozen, actually - about challenges. The Greeks immortalized him 2,600 years ago with tales of his 12 heroic labors, like cleaning the Augean stables and slaying a hydra that sprouted multiple heads each time one was cut.
Lumber & Building Material executives aren't Hercules, but they know about herculean tasks. For most dealers, no job takes more out of them and their company than implementing a new computer system. You can sense the fear, frustration, and fatigue as they describe journeys that routinely took two years to complete and threatened to cripple their company along the way. There's no such thing as a painless system transition, everyone said, but if you strive to do certain things you'll increase your odds of success.
(Source: Craig Webb, ProSales Magazine, April 2018)
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Outdoor Living Continues To Drive Growth In Decking Projects
Decks are the darling of home improvement. Thanks to a strong housing market, a growing economy, and interest rates that remain low, the decking industry is poised to experience continued growth, and homeowners are poised to take advantage by incorporating more and more deck projects into their building and remodeling plans. According to the 2017 U.S. Houzz Landscape Trends Study, the share of outdoor projects motivated by a recent home purchase increased to 33% in 2017 over last year's rate of 25%, and 20% of homeowners surveyed indicated that they plan a deck remodel for the coming year.
A major driving factor in this growth is the continued homeowner interest in outdoor living. Homeowners and contractors are increasingly working together to create personalized, unique structures that are reflections of the outdoor living needs of their families, creating immersive, form-meets-function environments. "While decks have been a common sight in most backyards for decades, they are now taking on new meaning"...
(Source: Michael Berger, LBM Journal, April 2018)
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Come Up Your Game at BMSA's Summer Conference
The 2018 Summer Conference will provide opportunities to:
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Learn how you can grow your business, prepare for the future and improve efficiencies.
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Connect with industry leaders.
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Have FUN in the sun with family & friends.
This year's conference will feature insightful presentations from Economist Ed Seifried & Market Researcher Edsel Charles, among others.
Call BMSA at 800.849.1503 to learn how
you can be a part of this great conference!
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Stay Connected with BMSA!
Matthews, NC 28105
800-849-1503
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BMSA ASSOCIATE MEMBERS
BMSA encourages our Dealer members to look first to your Associate members when purchasing products and services. Support those who support your Association and the industry!
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Allura
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Emery-Waterhouse Company
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Ponderosa Software |
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Amelia Lumber Company, Inc.
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Anchor Concrete/Sakrete
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Epicor Software
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Red Bolt Promotions |
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Appalachian Hardwood Lumber Co.
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Facemyer Lumber Co., Inc.
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Averitt Express
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Federated Mutual Insurance
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Banyan Consulting Group/Hub International
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Forest Products Group
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Rick Johnson Insurance, Inc. |
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Basys Processing
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Fortress Wood Products
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Rocco Building Supplies, LLC.
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Banyan Consulting Group
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Georgia-Pacific
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Roseburg Forest Products
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| BlueLinx Corportation |
Great Southern Wood Preserving, Inc.
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Rockwool
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BlueTarp Financial, Inc.
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Guardian Building Products
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Royal Building Products
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Boise Cascade Corp.
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Hannah Sheridan Loughridge & Cochran
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Schaffer Associates
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Bridgewater Wholesalers, Inc.
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Huttig Building Products |
Screeneze
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Building 9 Corp.
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Industrial Products Co.
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CareWorks Comp
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Intex Millwork Solutions
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Smith Millwork, Inc.
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Carl Rogers & Associates
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Kerridge Commercial Services
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Snavely Forest Products |
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Carolina Atlantic Distribution, Inc.
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Larson Manufacturing Co.
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Southeast Insurance Group, Inc.
South-East Lumber
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Carter Millwork, Inc.
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LBM Advantage
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Spruce Computer Systems/ECi Solutions
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Cedar Creek Holdings, Inc.
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Legacy Pre-Finishing Inc.
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Stock Systems
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| Center-Line Trailers |
LJS Solutions |
Style Crest, Inc,
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Charles F. Shiels & Company
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LMC (Lumbermens Merchandising Corporation)
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Sun Windows, Inc.
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Clem Lumber & Distributing Company
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Lumber Sales Corporation
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Sunbelt Rack/CT Darnell Construction
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Cosella-Dorken Products
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Lumberman's Wholesale Distribution
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Superior Plastic Products
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Creative Destinations, Inc.
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Madison Wood Preservers
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TAH Benefits
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Crumpler Plastic Pipe
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TAMKO Building Products, Inc.
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Culpeper Wood Preservers
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Melcap Partners, LLC.
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Tampa International Forest Products |
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Dealers Supply & Lumber Co.
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Member Insurance
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Trebnick Systems, Inc.
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Diamond Hill Plywood Company
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Metal Sales Manufacturing Co.
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Tri-State Forest Products
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DMSi Software
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Metwood Building Solutions
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Dyke Industries
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Mitek Industries |
U.S. Lumber
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E-Cubed Consulting
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V & H Inc.
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| ECMD |
NILCO |
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EHOP Health
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Viance - Treated Wood Solutions
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NOVIK/Derby Building Products
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Welco Enterprises, Inc. |
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Packard Forest Products, Inc.
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Weyerhaeuser Company
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Parksite
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Wholesale Millwork Inc. |
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Pennsylvania Lumbermens Mutual Insurance Company |
Woodford Plywood, Inc. |
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