May 2023 Builder Buzz

BISMARCK-MANDAN HOME BUILDERS ASSOCIATION MAY 2023 || WWW.BMHBA.COM

BUILDING Building Buzz is a publication of the Bismarck-Mandan Home Builders Association.

Bismarck-Mandan Home Builders Association 2600 Gateway Ave, Ste 1 Bismarck, ND 58503 Phone: 701.222.2400

www.facebook.com/bmhba

PROFESSIONALS BUILDING OUR COMMUNITY THROUGH

PROMOTION OF

SINCE 1958.

JOE HILLERSON, PRESIDENT Boulder Homes PO Box 1421 Bismarck, ND 58502 (701) 400-5554 boulderhomesnd@gmail.com ANDREW MELDAHL, 1 ST VICE PRESIDENT Pinnacle Homes and Design 214 Riverwood Ave Mandan, ND 58554 (701) 426-0237 andrew@pinnaclehomesnd.com

MCKENZIE LAWLER Dakota OutdoorScapes 8351 Hwy 1804 N Bismarck, ND 58503 (701) 595-0890 mckenzie@ndscapes.com LORI WILLSON Northern Plains Plumbing, Heating & Air 2510 Vermont Ave Bismarck, ND 58504 (701) 222-2155 lori@northernplains.net

RORY ANDERSON, 2 ND VICE PRESIDENT Verity Homes 3100 N 14th St, Ste 1 Bismarck, ND 58503 (701) 391-0093 rory@verityhomes.com

RON STOTZ CAVES 1365 Tacoma Ave, Suite 1 Bismarck, ND 58504 (701) 751-1162 rons@cavesnd.com

JOE VETTER, S ECRETARY & TREASURER Joe Vetter Construction 2523 Powder Ridge Cir Bismarck, ND 58503 (701) 258-9394 joevetterjvc@gmail.com

NATHAN TODD Northwest Contracting 2840 Valley Forge St Bismarck, ND 58503 (701) 226-0526 nathan@northwestcontracting.com

JAMIE SCHMIDT, PAST PRESIDENT Investcore, Inc. 1601 N 12th St. Suite 605 Bismarck, ND 58501 (701) 223-3030 jamie.schmidt@investcore.com

LEROY THOMAS J.E. Homes LLC PO Box 3121 Bismarck, ND 58502 (701) 400-9163 leroy@jehomesnd.com

VICKI MORAN Hallmark Homes 3200 Rock Island Place, Suite 4 Bismarck, ND 58504-7717 (701) 471-7634 hallmarkhomes@outlook.com

SHANE GAFFANEY American Roofing Supply 1600 Industrial Dr Bismarck, ND 58501 (701) 805-8650 sgaffaney@srsicorp.com

CHIEF EXECUTIVE OFFICER Dawn Watson dawn@bmhba.com Office: 701-222-2400 Cell: 701-390-5049

DIRECTOR OF COMMUNICATIONS AND MARKETING Jennifer Patera jennifer@bmhba.com Office: 701-222-2400 Cell: 218-416-2439

LAYOUT DESIGNER Elysha Head

www.instagram.com/bismanbuilders www.linkedin.com/company/bismarckmandan-home-builders-association www.twitter.com/bmhba www.bmhba.com

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’ May is here, and with it we are into Spring, and the snow is finally gone! More importantly, we can finally get the Building Season under way! There are many good things to be thankful for in our area for in the Building Business. There still is low Inventory, prices have stabilized, and supplies have become readily available again, Interest Rates have stabilized as well, and there are people moving to our area from all over the Country! Let’s be sure to have a positive attitude, and always put our best foot forward every day for our customers!

We just had our 31st Annual Spring Parade of Homes which 39 Homes were entered! I hope everyone was able to get out and enjoy these Beautiful Homes. Thank you to all the Builders who participated, as well as our staff, and volunteers who all made it possible to have a great event!

JOE HILLERSON 2023 BMHBA PRESIDENT

Be sure to attend our Spring Mixer on May 9th, and coming up fast as well is our Golf Tournament on July 11th. I look forward to seeing you all at these events!

Thanks for visiting the Front Street Millwork booth @ the 2023 Home Show!

Did the winter weather prevent you from attending?

Stop by our showroom!

Monday-Friday 8 am to 5pm On display in our showroom: • Cabinetry • Contertops • Windows • Interior & Exterior Doors • Storm doors • Siding • Shingles • Decking & Railing • Stair Railing • Exterior stone • and More

All are welcome!

We work with both the general public and contractors 3 3 2 0 E Centur y Ave, B i s m a rck , ND 701- 255-1636 w w w.frontstreet mi llwo r k . co m H o ur s: M ond ay-Fr i d ay 8 a m to 5p m

Front Street Millwork & Lumber

Spring Projects!

Have a project you’re looking to start in the spring?

NOW is the time to get started working with us! 701-255-1636

Call to set up a meeting with

Need a plan?

our Drafting Department

Need materials estimates?

Call to set up a meeting with a Salesperson

Need cabinetry?

Call to set up a meeting with our Cabinetry Designers

We will be open our normal hours Good Friday (April 7) & Easter Monday (April 10)

3 3 2 0 E Centur y Ave, B i s m a rck , ND 701- 255-1636 w w w.frontstreet mi llwo r k . co m H o ur s: M ond ay-Fr i d ay 8 a m to 5p m

Happy Easter!

Front Street Millwork & Lumber

The BMHBA consists of building specialists from every section of the construction field and associated industries. Your membership strengthens our voice in Bismarck-Mandan construction sector as well as at a state and national level.

If you haven’t already submitted payment, please renew your membership by May 31, 2023.

Greg Meidinger

Bill Dean

Cathleen Engel

Kelly Johnson

Celeste Burke

Sara Ryckman

Kathy Feist

DeAnn Kuntz

Howard Malloy

Doug Doerr

Aaron Jahner

Vern Vetter

Cassie Bowers Karli Skjeret Laurie Wentz Shawn Ressler

LeAnne Westgard

Andy Nelson

Megan Maxon

Jim Barnhardt

Bryan Brendel

Chad Moldenhauer

Logan Deichert

Rebecca D'Heilly

Rocky Thompson

Thomas Jones

Kassy Landis

Tory Otto

Join the BMHBA in congratulating these longstanding members. Their dedication to the Bismarck-Mandan Home Builders Association is appreciated and truly valued.

25 Years

20 Years

Please help us welcome our new members to the BMHBA!

Affiliate Membership 701-471-9117 jeffl@fargoglass.com http://www.fargoglass.com

Save the date!

Annual Spring Mixer May 9th Benniagan’s Mandan 5 pm to 8 pm

NDAB 2023 SUMMER EVENTS 2023 NDAB SUMMER SOCIAL July 26 | 6 pm McCody Concrete, Williston ND 2023 NDAB SUMMER BOARD MEETING July 27 McCody Concrete, Williston ND

Thank you to our members who have helped grow our BMHBA membership over the years by recruiting new companies to join our association. If you know of a company that is interested in joining, contact Jennifer Patera at jennifer@bmhba.com or 701-222-2400.

Your recruitments can now be seen on NAHB.org.

Click “My Profile” then “My Spike Referrals.”

Top Recruiters as of 04/21/2023

Statesman Spike 500-999 Credits Kelly Moldenhauer (743.50) Super Spikes 250-499 Credits Todd Brady (384.50) Robb Sattler (296.50) Mike Todd (288.00) Lee Mitzel (270.50) Pat Marback (260.00) Royal Spikes 150-249 Credits Lori Willson (220.25) Mike Hopfauf (200.00) Berna Vetter (190.50) Colby Well (166.50) Jack Knutson (162.50) Red Spikes 100-149 Credits Blair Ihmels (148.00) Steve Redding (126.50) Chad Moldenhauer (112.00) Jerry Splonskowski (106.50) Green Spikes 50-99 Credits Vance Vetter (101.25) Paula Haider (97.25) David Patience (96.00) Mark Larson (92.00) Eric Brenden (91.00) Darren Buffington (83.50) Kenneth Knodel (68.00) Art Goldammer (65.00) Nadine Schaff (59.25) Scott Moran (58.50) Gerry Rudnick (51.00) Life Spikes 25-49 Credits Jeff Sattler (46.50) Gerald Hopfauf (45.50) Drew Knutson (43.50) Matt Shauer (42.50) Greg Meidinger (41.50) Greg Zenker (38.00) Jamie Schmidt (38.50)

Blue Spikes 6-24 Credits Jason Frank (22.50) Shane Gaffaney (21.00) Kelli Thompson (16.75) Joe Hillerson (16.50) Melinda Llyod (15.50) Bob Kupper (13.00) Pete Brendel (9.00) Rory Anderson (8.00) Darryl Hatzenbuhler (8.00) Bill Schmid (8.00) Mike Wolf (8.00) Shannon Reichenberg (6.00) Spike Candidates .50-5.50 Credits Vicki Moran (5.25) Kurt Steiner (4.50) Roger Grendahl (4.00) Parker Pladson (4.00) Jarred Roloff (3.50) Brian Eiseman (3.00) Sam Gietzen (2.50) Melanie Staiger (3.00) Jeran Thomson (2.50) Wade Vogel (2.50) Natalie Eckes (2.00) Lynn Klein (2.00) Alissa Kleinsasser (2.00) Tom Reinke (2.00) Gina Hruby (1.50) Kari Anderson (1.00) Jackie Andahl (1.00) Kathy Feist (1.00) Reid Kubesh (1.00) Terry Leabo (1.00) Lindsey Matter (1.00) LeRoy Thomas(1.00) Travis Welle (1.00) Laurie Wentz (1.00) Lindsey Ashley (0.50) Brad Balerud (0.50) Bryan Brendel (0.50) Hannah Haynes (0.50) Tae Pifer (0.50) Kassy Landis (1.00) Judy Maslowski (0.50)

BISMARCK 3840 E Rosser Ave.

701-258-1267 • 800-472-2640 Other locations in Minot, Bismarck, Williston, Grand Forks and Fargo.

Mon-Fri: 7:00am - 5:30pm

Sat: 8:00am - 5:30pm

10 Locations To Serve You In ND, MN and IA!

QUALITY • SERVICE • SELECTION • VALUE Valid through 5/31/23 unless otherwise noted. Due to the high volume of tariffs on certain products and components from overseas, pricing is subject to change.

We reserve the right to correct errors, limit quantities and terminate any offer at any time. Please refer to website for most up to date pricing. © Acme Tools 2023

*Includes YOUR CHOICE OF (1) FREE Bare Tools.

Up to a $129 value. While supplies last.

2630-20F

2648-20F

2621-20F

2625-20F

2680-20F

REDSTICK™ BOX LEVELS • Accurate to .0005” per inch • SHARPSITE™ Vial Technology provides a magnified bubble

2626-20F

Valid through 5/21/23 or while supplies last.

MODEL 2131-20

MLBXM24

M18™ REDLITHIUM™ 5.0AH STARTER KIT

SALE

199.

$

179.00

WAS $229.00

MLCM24

MODEL 48-59-1850 $ 00*

MLBXM24 24” Magnetic Box Level................................. 66.00 MLBXM48 48” Magnetic Box Level..................................$99.97 MLCM24 24” Compact Box Level....... $43.97 MLCM48 48” Compact Box Level.......$60.97

SAVE $50.00

$

**Includes YOUR CHOICE OF (1) FREE Bare Tool or Battery. Up to a $149 value. 9 items to choose from.

Valid through 6/30/23 or while supplies last.

DCS353B

M18™ ROCKET™ DUAL POWER TOWER LIGHT

DCS512B

DCR010

DCL077B

DCB126

12V MAX* BRUSHLESS XTREME™ DRILL/DRIVER AND IMPACT DRIVER KIT

DCD706B

TOUGHSYSTEM™ 2.0AH 20V MAX* DUAL PORT CHARGER

1 IN. SDS-PLUS® BULLDOG™ XTREME ROTARY HAMMER KIT

MODEL DWST08050

MODEL 11255VSR

$

219.00

NEW

Valid 5/1/23 through 7/30/23 or while supplies last.

SALE

$

179.00

WAS $219.00 SAVE $40.00

MODEL DCK221F2 $ 00**

199.

18V LXT® SUB COMPACT BRUSHLESS HAMMER DRIVER/DRILL AND IMPACT DRIVER KIT Includes FREE 2.0Ah Battery (BL1820BF).

A $99 value. Valid through 5/21/23 or while supplies last.

MODEL CX205RB SALE

$

FREE

BORA ADJUSTABLE SPEEDHORSE XT SAWHORSE WORK SUPPORT SYSTEM, 2 PACK MODEL PM-4550T

$

199.98

229.

00

18V 8-1/4 IN. PORTABLE TABLE SAW KIT

Includes FREE Orbit Sander (GEX18V-5B15).

A $239 value. Valid 5/1/23 through 7/30/23 vor while supplies last.

MODEL GTS18V-08N14

$

599.00

NEW

FREE

WAS $259.00 SAVE $30.00

EXTRA LARGE OPEN TOP TOOL BAG

PANELLIFT® DRYWALL LIFT

269.

749.

MODEL OT-XL $ 95

CLOSABLE MID SIZED TOOL POUCH MODEL TP-XL $ 95

169.

MODEL 138-2 $ 99

24V DRILL DRIVER IMPACT DRIVER RECIPROCATING SAW AND WORK LIGHT KIT MODEL FXM401-2A $ 00

379.

LASERS

12V MAX 360° CONNECTED GREEN BEAM THREE PLANE LEVELING AND ALIGNMENT LINE LASER KIT

GB1000 PORTABLE POWER STATION MODEL 8025

$

999.00

NEW

Limited quantities at this price.

MODEL GLL3-330CG

$

SALE

3/4 IN. IMPACT CONNECT™ COPPER CUTTER MODEL DWACPRIR $ 00

119.

NEW

119.

NEW

MODEL DCLE34030G $ 00

629.

CARBIDE BITS

SDS PLUS 2 Cutter • SDS PLUS 4 Cutter • SDS Plus Rebar Cutter • SDS MAX 4 Cutter High Impact SDS Max STEEL Chisels • SDS Plus Stop Bits • Core Bits • Hollow Bits • Percussion Bits

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SAFETY GEAR

FT-IRON™ 2D CLIMBING NON BELTED FULL BODY HARNESS

206.

2,599.00

NEW

20V MAX* 3 X 360 GREEN LASER KIT

INCREASED STOCK LEVELS!

$

$

385.

00

MODEL 8141FD-XS-3X

MODEL EU3200IAN

MODEL 03165S $ 00

3/4 IN. IMPACT CONNECT PVC CUTTER $

3,200W INVERTER GENERATOR

LA-5P GREEN 5 POINT LASER LEVEL TOOL SET

™

MODEL DWAPVCIR

519.00

WAS $579.00 SAVE $60.00

†

C.

GLOWEAR® CLASS 2 STANDARD VEST (LIME)* CALL FOR PRICING

*Other styles available.

Compliance: ANSI 107

NEW

99

A. TSK-XL215 B. TXB236 C. TSK236VS

Kazbek Series; XL Wide Matte Black Frame with Copper Lens............................................. $24.99 Brazeau Series; Matte Black Frame with Smoke Lens ........................................................... $28.99 Kazbek Series; Matte black Frame with Smoke Vapor Shield Anti Fog lenses ...................... $33.99

8220Z Mesh Vest 21123...........................S/M 21125..........................L/XL 21127..................2XL/3XL 21129..................4XL/5XL

GLOWEAR 8220Z

8225Z Solid Vest 21163...........................S/M 21165..........................L/XL 21167..................2XL/3XL 21169..................4XL/5XL

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Bismarck

Fargo

Minot

701-746-2823 800-357-7368

701-355-2222 800-472-2640

701-476-4600 800-437-4100

701-420-9570 800-247-0673

Bemidji 218-444-8665 800-286-6268

Store Hours: Mon-Fri 7:00-5:30 Sat 8:00-5:30

THIS YEAR MARKS 31 YEARS OF THE BMBHA SHOWCASING 39 BEAUTIFUL HOMES BUILT BY OUR DEDICATED, HARDWORKING, LOCAL BUILDERS. THANK YOU!!

WE ALSO WANT TO THANK OUR SPONSORS, BRITTANY STUHLMILLER (SPOH CHAIR), PARADE OF HOMES COMMITTEE, AND ALL THE BUILDER VOLUNTEERS. WE COULD NOT HAVE PUT ON THIS EVENT WITHOUT ALL OF YOU!

$1,000 Gift Card

$1,599 Riccar Premium Radiance Vacuum

l:EW: Providing a bright future for families today.

� ocated on a tranquil northern edge of Mandan, Sunrise View Estates is the newest development in the up and coming area of Mandan.

Sunrise View offers a planned community nestled along the open grasslands, as well as being near the new Starion Sports Complex, the new Mandan High School, and the new Middle School.

This development features large lots, a new city park, lots of green space, and beautiful views. Just minutes from a variety of stores and dining options. You can get anywhere in the metro area quickly as you will be a short distance from Interstate 94 via Highway 1806. Just north of the development, a future

beltway and bridge will be completed, gaining unlimited access to anywhere you need to be.

The potential for growth in this area means endless possibilities. Just to the west of this development, is another master planned community being built along side Sunrise View Estates.

This development is perfect for building your first home or your lasting forever home. This development offers a variety of lots that will fit whatever needs your heart may desire.

www.sunriseviewnd.com I 751-1938 I sunriseviewnd@gmail.com

As sociate Member Spotl i g ht

Steve: I was raised on a farm in the Flasher area.

I have 4 boys. I graduated from the University of Mary with a bachelor’s degree in business administration. I have been with Kirkwood Bank & Trust for 18 years. Jarrod: I was born and raised in Glen Ullin. I attended Bismarck State College and Dickinson State University where I earned my bachelor’s degree in business administration and banking & finance. I’ve been with Kirkwood Bank & Trust for over 12 years.

Our bank was chartered by the ND Department of Banking & Finance in 1975 as the Bank of Kirkwood Plaza. A local Bismarck Family owned the majority of the stock. The Bank was sold to its present stockholders in 1987 and renamed Kirkwood Bank & Trust Co. We have been locally owned since our beginning, and now have locations in Bismarck and Dickinson. We pride ourselves in the commitment and longevity of our team members to the bank and its customers. Well over half of our team has been with the bank over 10 years. These years of knowledge and experience allow our team to provide exceptional service to the community.

Do you have any advice for someone just entering this industry? Give it 100%. Always ask questions. You will learn something new from everyone you encounter in the industry. Take advantage of every opportunity you are given to learn. There are so many different aspects of the banking industry, so trying to learn something from every department will broaden yourself for your future.

No two days are ever the same, but a typical day could include working with customers to help navigate the mortgage process, whether they are buying, building, or refinancing. We strive to make the mortgage process engaging and a learning experience.

We would like to see Kirkwood Bank continuing to grow in all aspects. Whether it be growing our customer base, the products and services we provide, or continuing to make the Bank a place that’s fun and exciting to work for!

Steve: I did an internship during college with a bank, and it sparked my interest in the banking world. Jarrod: While in college, I was inspired by a family friend to look in to banking as a career path and get my foot in the door.

I started working for the Bank in 2010 as a teller to get some experience. Little did I know I’d be working for Kirkwood Bank almost 13 years later.

What makes Kirkwood Bank different from other mortgage lenders is that we are very versatile. Our mortgage lenders also do consumer lending. We offer all the products and services customers are looking for in the mortgage industry, with very competitive rates and terms.

But, we also offer other financial options such as construction financing, bridge/temporary financing, home equity loans, etc. No matter what the customer is looking for, we have a solution here at Kirkwood Bank to help them to the finish line.

Steve: Closing Day is my favorite part. I get to see the excitement that the customer has. It might be their first home or their dream home, but the excitement is always there. Jarrod: My favorite part of the job is building relationships with my customers. I don’t just want to help someone buy their first home. I also want to help them save money, build their credit, buy that new car, or help them finish their basement. It’s all about relationships for me. I want to do the best for my customers so that when something else comes up where they could use my help, they think of me, and I can be of service to them once again.

Website: kirkwoodbank.com Facebook: facebook.com/kirkwoodbank Steven Facebook: facebook.com/ steven.gerhardt.52

Jarrod Facebook: facebook.com/jarrod.auer Instagram: @kirkwoodbank LinkedIn: linkedin.com/company/kirkwoodbank-and-trust

We are excited to introduce the opportunity to apply for the Professional Women in Building Scholarship for the 2023-2024 academic year. Bismarck Mandan Professional Women in Building has established a scholarship program to support those looking to enter the building industry. BMHBA PWB will award 2 - $500 scholarships to students looking to enter a construction related field. Preference for scholarships will be given by discretion of a panel to students pursuing building related programs.

For more information about PWB visit the HBA website: https://www.bmhba.com/about-us/pwb/.

Visit our Facebook page at www.facebook.com/bmpwb for the full application and more information or scan the QR code below!

Knife River is a full service aggregate-based construction company, providing ready-mix concrete aggregate sales and delivery and concrete construction services. We provide services throughout North Dakota for public, private and commercial construction projects.

701-580-4527

Bismarck-Mandan | Washburn | Beulah

Mark Roningen - Business

B O B C A T. C O M

THE NEW BOBCAT COMPACT TRACTOR IS ALL YOU. An attachment to the land is just one of the many things we have in common.

Bobcat® equipment was born to work on a farm more than 60 years ago. Today you can put this hard-working brand to work on your slice of heaven: new Bobcat compact tractors. They’re all Bobcat. They’re all you.

We love a good homecoming.

Bobcat of Mandan Inc

of Mandan

4209 MEMORIAL HIGHWAY MANDAN, ND (701) 663-0903

http://www.bobcatofmandan.com Bobcat®, the Bobcat logo and the colors of the Bobcat machine are registered trademarks of Bobcat Company in the United States and various other countries. ©2023 Bobcat Company. All rights reserved. 18262375

MORE CAPABILITIES THAN YOU CAN SHAKE A TREE AT GET EQUIPPED TO ACCOMPLISH MORE. Take productivity to a new level with the versatile Bobcat® L85 compact wheel loader and the full lineup of compact equipment.

Bobcat ®, the Bobcat logo and the colors of the Bobcat machine are registered trademarks of Bobcat Company in the United States and various other countries. ©2023 Bobcat Company. All rights reserved. 18262390

Bobcat of Mandan Inc

of Mandan

4209 MEMORIAL HIGHWAY MANDAN, ND (701) 663-0903

http://www.bobcatofmandan.com

There are nearly 10,000 streetlights maintained by Public Works staff within the City of Bismarck. And many of those lights are now being replaced.

While this isn’t exactly impactful in portions of Bismarck where new construction is leading city growth, it is significant in areas where renovations, or new construction in established neighborhoods is occurring.

Evolution in lighting technology is helping to create a brighter tomorrow. City crews estimate about a 60 percent reduction in energy consumption by switching from the High Pressure Sodium (HPS) lights to the more efficient Light Emitting Diode (LED) lights. This year more staff time will be placed on converting lights as about 1,000 of the City’s 9,463 lights will be replaced, compared to 317 in 2022. Presently, about 40 percent of the City’s lights are LED, while about 55 percent remain HPS lights.

An additional 5 percent of the lights fall under a miscellaneous category, such as those in the city’s downtown area.

Part of what helps make LED systems use less energy is their efficiency, running on a lower wattage, but yielding greater light output. With the HPS lights, a 400-watt bulb or lamp emits a yellow-white light that ran between 2,000 and 2,700 degrees kelvin. LED lights are more efficient, utilizing a 175-watt fixture and producing a white light that is measured at about 4,000 to 4,500 degrees kelvin. As City crews first worked with LED fixtures, they found they needed to back off the light output, as they started with light in the 5,000-degree-kelvin range, but this proved too bright during night hours.

The LED lights are also easier to fix than the HPS lights because they are self-contained units with fewer components. The housing fixture for HPS lights was expected to last 20-25 years, but the components contained within the fixture generally last less than five years before requiring maintenance. In recent years, some components’ lifespans were as short as 18-24 months. As has been the case with many supply chains in recent years, finding these additional components is proving to be more and more difficult.

At this point, knowing exactly how long LED lights will last is a bit of a guess. However, estimates put that range between 25 and 30 years. Also, the LED lights used by the City have a warranty of 10 years, allowing for recouped cost in the event a light does not work; If for any reason a light fails within that time, the lights are taken out of service and sent back to the manufacturer.

The longer expected life of the lights means less staff time spent replacing current lights. Less time spent replacing lights means fewer hours that crews spend working in a potentially dangerous environment, next to moving traffic. While it takes someone in a bucket truck an estimated 20 minutes to replace an LED light, ideally there is a 3-person crew at work with each truck: one person in the bucket, physically replacing the light, another individual on the ground providing safety overwatch for the individual in the bucket, and a third individual prepping the next light unit to be installed.

The City of Bismarck continues to pursue efficiencies in workflow and opportunities to be better stewards of the resources available in our community.

Builders FirstSource is your first source for great customer service and high quality building materials.

BUILDING MATERIALS

1513 39TH AVE SE, MANDAN | 701-663-9861 | WWW.BLDR.COM

MONTH

YEAR

‘17 ‘18 ‘19 ‘20 ‘21 ‘22 ‘23

‘17 ‘18 ‘19 ‘20 ‘21 ‘22 ‘23

‘17 ‘18 ‘19 ‘20 ‘21 ‘22 ‘23

‘17

‘18

‘19 ‘20 ‘21 ‘22 ‘23

‘17 ‘18 ‘19 ‘20 ‘21 ‘22 ‘23

JANUARY

1

0

10

2

0

8

0

0

0

0

0

0

0

0

2

0

0

0

0

0

0

0

2

0

0

0

0

0

0

2

1

2

0

0

FEBRUARY

5

2

0

10 17 4

0

0

0

0

1

2

0

0

6

5

0

0

1

0

0

0

3

0

2

0

0

1

0

0

0

3

0

0

0

MARCH

14 2

9

32 28 31 47

2

2

1

4

9

2

11

4

8

2

8

9

11

0

0

0

0

1

4

0

0

4

2

4

12 12

9

0

APRIL

40 27 26 23 43 22

4

3

6

8

6

4

8

16 11

5

7

3

4

0

6

3

0

3

11 11 14

4

11 11

MAY

29 16 28 23 12 35

5

6

4

9

9

4

11 15 11

4

6

5

5

5

0

2

2

0

7 20 10

5

13

7

JUNE

48 24 18 40 53 27

10 2

2

3

8

4

13 13

6

3

12

3

1

1

1

3

4

4

4

6

8

8

9

JULY

60 22 17 34 41 19

3

3

2

7

5

5

6

11 12 14

9

1

1

5

1

6

1

14

4

3 11

1

7

1

AUGUST

16 27 19 29 39 29

6

1

7

2

3

4

13 20 10 16 13 2

9

4

5

3

0

4

6

8

5

5

6

6

SEPTEMBER

26 22 23 43 57 41

8

3 10

9

4

2

26 11 10 22 12 2

4

5

2

4

2

1

9

6

5

10 14

3

OCTOBER

22 15 36 43 38 53

4

7

3

10

2

2

20 9

9

7

10 17

7

5

3

8

10

3

3

7

1

5

7

2

NOVEMBER

9

11 14 12 25 12

3

0

1

0

5

0

7

6

2

6

2

0

0

0

0

2

0

1

1

0

2

1

7

0

DECEMBER

0

1

0

0

0

1

0 N/A

0

0

0

2

2

0

4

0

0

0

0

0

2

0

0

2

2

0

YTD TOTAL

270 169 201 312 373 273 55

45 27 36

54

53 27

114 116 71 90 74 53

37

28

20 32 22 30

51 61 60

57

89 48

1

5

21 15 N/A

4

BISMARCK SINGLE FAMILY DWELLING Interior Finish & Remodel

2919 Peach Tree Dr

K & L Homes

916 Collective LN

K & L Homes

1026 Collective LN

Joe Vetter Construction

2115 Tule LN

K & L Homes

1020 Collective LN

K & L Homes

1014 Collective LN

K & L Homes

1008 Collective LN

K & L Homes

928 Collective LN

K & L Homes

922 Collective LN

New research shows the percentage of homes with 4+ bedrooms rose slightly to 48% in 2022, up from 43% in 2019, due in part to the flexibility bedrooms can provide home owners. The findings are based on an analysis by the National Association of Home Builders (NAHB) of U.S. Census Bureau data that track the characteristics of new single-family homes.

Builders are responding to home buyers who want their new homes to provide plenty of space and support their day-to-day activities and overall well-being. New homes have flexible spaces that are inviting for individuals and families, especially following the height of the pandemic.

New home buyers can choose the finishes, fixtures, flooring, paint colors, and more that suit their preferences and are often more durable without the hassle or cost of changing the previous owner’s tastes.

JEFF SATTLER 2023 NDAB PRESIDENT

KAYLA PULVERMACHER NDAB CEO

According to a recent survey by the National Association of Home Builders (NAHB), home features that resonate with first-time and repeat buyers include laundry rooms, patios and walk-in pantries. In addition, builders saw a large jump in demand for exterior amenities, such as patios, decks and porches, in 2022, along with increased demand for home offices — which appeared on the list of buyers’ most-wanted features for the first time this year.

New homes benefit not only the home owner but also the community. The estimated one-year impacts of building 100 single-family homes in a typical local area include: $28.7 million in local income,$3.6 million in taxes and other revenue for local governments, and 394 local jobs.

As we get into the hectic building season, remember how important you are to the consumer and the community. Not only do you make dreams come true, but your work supports the entire community. Thank you for what you do.

FMHBA Parade of Homes May 6th-8th and May 13th-15th

BMHBA Spring Mixer Bennigan’s Mandan May 9th

SEE YOUR AD HERE! Call the BMHBA office (701-222-2400) for more information.

MAB City Leaders Luncheon May 17th

BMHBA

36th Annual PAC Golf Tourney

Mandan July 11th

NDAB 2023 Summer Social Williston July 26th

Lower mortgage rates and limited existing inventory helped to push new home sales up in March, even as builders continue to grapple with increased construction costs and material supply disruptions.

A new home sale occurs when a sales contract is signed or a deposit is accepted. The home can be in any stage of construction: not yet started, under construction or completed. In addition to adjusting for seasonal effects, the March reading of 683,000 units is the number of homes that would sell if this pace continued for the next 12 months.

Sales of newly built, single-family homes in March increased 9.6% to a 683,000 seasonally adjusted annual rate from a downwardly revised reading in February, according New single-family home inventory fell 9.5% in March, to newly released data by the U.S. Department of Housing however, it remained elevated at a 7.6 months’ supply at the and Urban Development and the U.S. Census Bureau. current building pace. A measure near a 6 months’ supply is considered balanced. Completed, ready-to-occupy inventory “A lack of resale inventory combined with many builders stood at 70,000 homes in March and is up 119% from a year offering price incentives helped to push new home sales ago. However, that inventory type remains just 16% of total higher in March,” said Alicia Huey, chairman of the National inventory. Total new home inventory peaked in October at Association of Home Builders (NAHB) and a builder and 466,000 and has been declining since that time, with a total developer from Birmingham, Ala. “However, sales are down inventory of 432,000 available for sale in March.

3.4% compared to a year ago because of the shortage of electrical transformer equipment and building material The median new home sale price rose in March to price volatility.” $449,800, up 3.2% compared to a year ago. Elevated costs of construction have contributed to a rise in home prices.

“The average Freddie Mac mortgage rate gradually fell from near 6.7% at the beginning of March to 6.3% at the end Regionally, on a year-to-date basis, new home sales rose of the month, and this helped to push new home sales 1.7% in the Northeast, but fell 19.6% in the Midwest, 5.8% in higher in March,” said Danushka Nanayakkara-Skillington, the South and 32.2% in the West.

NAHB’s assistant vice president for forecasting and analysis.

Data continue to show easing inflation, although certainly not at the rate the Federal Reserve and markets would wish. Nonetheless, signs suggest the Fed is near the end of its tightening cycle, which in turn sets the singlefamily sector on the path toward a rebound later this year and an outright calendar year increase in 2024.

Consumer prices in March saw the smallest year-overyear gain since May 2021, decelerating for the ninth consecutive month. While the shelter index (housing inflation) experienced its smallest monthly gain since November 2022, it continued to be the largest contributor (60%) of the total increase, less food and energy. Overall inflation was up 5% year over year in March, while shelter inflation was up 8.2%.

The Fed’s ability to address rising housing costs is limited, as shelter cost increases are driven by a lack of affordable supply and increasing development costs.

Additional housing supply is the primary solution to tame housing inflation. The Fed’s tools for promoting housing supply are at best limited. In fact, further tightening of monetary policy will hurt housing supply by increasing the cost of AD&C financing. Nonetheless, the NAHB forecast expects to see shelter costs decline later in 2023.

Building material prices, as measured in the Producer Price Index (PPI) data, actually posted a 1% year-over-year decline in March — an indication of an overall slowing economy and an important leading indicator of where shelter prices are headed. That said, some items like electrical transformers remain a challenge for builders. As the shortage of distribution transformers continues, the PPI for power and distribution transformers increased 2% in March. Prices have surged 63.9% over the past two years and declined in just two months during that span. (See chart below.)

Builders remained cautiously optimistic in April, as limited resale inventory helped to increase demand in the new home market. Single-family builder confidence in April rose one point to 45, according to the NAHB/Wells Fargo Housing Market Index. Currently, one-third of housing inventory is new construction, compared to historical norms of around 10%. More buyers looking at new homes, along with the use of sales incentives, have supported new home sales since the start of 2023. Builders note that additional declines in mortgage rates (to below 6%) will further boost demand.

2600 Gateway Ave, Ste 1 Bismarck, ND 58503