Did the Share of Concrete-Framed Homes Rise in 2020?

Higher prices and limited availability of softwood lumber has been a key issue for housing and the overall inflation situation for the U.S. economy. With this in mind, did higher lumber prices in 2020 result in higher market shares for non-wood framed single-family homes? Wood framing remains the dominant construction method for single-family homes in…

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Shortages Cause Builders to Raise Prices, Pre-Order Materials

Recent posts have discussed how builders are facing widespread shortages of many building materials, and how materials prices for the same house have increased by 26 percent over the past year.  Results from a follow-on NAHB survey show that builders have reacted to the shortages in a variety of ways, most commonly by raising the prices of their homes…

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Why Builder Lumber Prices Remain Higher than Headlines Suggest

Lumber futures prices have decreased by 52 percent (on a front-month basis) over the past seven weeks as mill prices have fallen 48 percent over the same period.[1]  In contrast, prices paid by builders since late May have declined by a fraction of that impact.  The disconnect—which has always existed—is inherent to the lumber supply chain…

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ProSource Wholesale of Springfield Announces Grand Opening

ProSource Wholesale Featured Grand Opening

PROSOURCE WHOLESALE® OF SPRINGFIELD, MO ANNOUNCES GRAND OPENING OF KITCHEN AND BATH SHOWROOM ON APRIL 22, 2021 ProSource Wholesale of Springfield, MO, the industry leader when it comes to understanding and meeting the needs of trade professionals and their clients, announces the grand opening of their kitchen and bath showroom. The beautiful showroom is located…

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Election Day April 6 – 2021

Good Government Candidates April 2021

April 6, 2021 is an important election for Springfield and many surrounding communities. The Springfield Good Government Committee – a partnership between the Springfield Area Chamber of Commerce and the Home Builders Association of Greater Springfield – has endorsed candidates for Springfield City Council.

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Top Challenges for Builders: Building Materials Prices in 2020 & 2021

Building materials prices topped the list of problems builders faced in 2020 and is expected to return to the number one spot in 2021, according to special questions on the December 2020 survey for the NAHB/Wells Fargo Housing Market Index.   The survey results showed that building materials was a significant issue for 96% of builders last year.  In…

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PPP Lending Program – Immediate Enhancements

Dori Grinder - HBA Executive Officer

Immediate Enhancements to the PPP Lending programAttention self-employed contractors, sole proprietors, businesses and non-profits with less than 20 employees: The Small Business Administration (SBA) has created an exclusive 14-day loan application period for you. The window began February 24, 2021. If you have not applied for the PPP and are still considering it, this is…

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Homeownership Remains Primary Driver of Household Wealth

The 2019 Survey of Consumer Finances (SCF) showed improvements in economic well-being for many across income and wealth distributions over 2016 to 2019. The homeownership rate increased from a low of 63.7% in 2016 to 64.9% in 2019. Moreover, the primary residence continued to be the largest asset on the balance sheets of households in 2019 (Figure 1),…

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Have You Registered for IBSx?

  The entire home building industry will be together, online, at IBSx. Whether you’re at home, at work or on-the-go, you’ll be able to propel your business into the future with access to new product launches, demos and the industry’s latest trends. Expo passes are FREE for NAHB members. Join in the IBSx Virtual Experience…

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E-City and Plan Review Submittal

Updated E-City and Plan Review Submittal Building Development Services, Information Systems and other departments within the City of Springfield have been working very hard in making some much needed changes to eCity, their forward facing software that is used mainly for requesting inspections and applying for permits.  The program was updated November 19th with an…

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Highest Paid Occupations in Construction in 2019

Highest Paid Jobs in Construction 2019

According to the 2019 Bureau of Labor Statistics Occupational Employment Statistics (OES) Survey data and analysis by the National Association of Home Builders (NAHB), half of payroll workers in construction earn more than $49,030 and the top 25% make at least $68,690. In comparison, the U.S. median wage is $39,810, while the top quartile (top…

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Most Expect to Continue Work At Home, Even After COVID Vaccine

After COVID Return to Work or Work Remotely

About 3 out of every 10 American adults are currently working from home, on a full- or part-time basis. The finding comes from a recent poll of a representative sample of over 17,000 adults conducted for NAHB by Morning Consult. Gen Z’s made up 12% of respondents, Millennials and Gen X’ers were each 26%, and…

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Nominees Announced for 2021 HBA Board of Directors Service

The HBA of Greater Springfield Nominating committee has finalized nominations to start new terms on the HBA Board of Directors in 2021. The Nominating committee is chaired by HBA Past President Jason Bekebrede, and includes Travis Miller, Brian Crosby, Rick Mouery and Hunter Johnson. This story serves as the official announcement of nominees for board service.…

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Parade of Homes Cancelled – 2020

Parade of Homes Logo - Large HBA 600

After much deliberation the HBA Board of Directors has decided to cancel the 2020 HBA Parade of Homes. Safety of attendees, builders, homeowners and staff were at the forefront of this decision. Travis Miller stated, “it was decided that in the best interest of the HBA members, staff, and the general public that we will…

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