December 2022 Building Buzz

BISMARCK-MANDAN HOME BUILDERS ASSOCIATION DECEMBER 2022 || 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 www.instagram.com/bismanbuilders PROFESSIONALS BUILDING OUR COMMUNITY THROUGH

PROMOTION OF

SINCE 1958.

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

JOE VETTER Joe Vetter Construction 2523 Powder Ridge Circle Bismarck, ND 58503 (701) 258-9394 joevetterjvc@gmail.com

JOE HILLERSON, VICE PRESIDENT Boulder Homes PO Box 1421 Bismarck, ND 58502 (701) 400-5554 boulderhomesnd@gmail.com

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

AMY LARSEN, 2ND VICE PRESIDENT Apex Builders PO Box 652 Mandan, ND 58554 (701) 527-7899 amy@apexbuildersnd.com

MCKENZIE LAWLER Dakota OutdoorScapes 8351 Hwy 1804 N Bismarck, ND 58503 (701) 595-0890 mckenzie@ndscapes.com

LORI WILLSON, TREASURER Northern Plains Plumbing, Heating & Air 2510 Vermont Ave Bismarck, ND 58504 (701) 226-8810 lori@northernplains.net

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

GREG MEIDINGER, PAST PRESIDENT Aspire Homes 3313 Bayshore Bend SE Mandan, ND 58554 (701) 426-8583 greg@daretoaspirend.com

ANDREW MELDAHL Pinnacle Homes and Design 214 Riverwood Ave Mandan, ND 58554 (701) 426-0237 andrew@pinnaclehomesnd.com

BILL SCHMID Townsquare Media 1830 N 11th St Bismarck, ND 58501 (701) 250-6602 bill.schmid@townsquaremedia.com

JOSHUA JACOBCHICK JSJ Construction 714 Custer Dr. Manda, ND 58554 (701) 226-0526 jsjconst@hotmail.com

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

MEMBERSHIP DIRECTOR Brittney Roehrich brittney@bmhba.com Office: 701-222-2400 Cell: 701-240-3540

LAYOUT DESIGNER Elysha Head

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

PAGE 8 PAGE 10 PAGE 5 PAGE 11 PAGE 14

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 December 31, 2022.

Tyler Perry

Dave Scherr

Tom Boyer

Josh Kuntz Mike Hopfauf

Jenessa Wright Jon Zabolotny

Shaun Kessler Tom Reineke

Keith Doerr

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 Brittney Roehrich at brittney@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 11/03/2022

Statesman Spike 500-999 Credits Kelly Moldenhauer (742.50)

Greg Meidinger (39.00) Greg Zenker (37.50) Jamie Schmidt (30.00)

Super Spikes 250-499 Credits Todd Brady (382.50) Robb Sattler (295.50) Mike Todd (288.00) Lee Mitzel (269.00) Pat Marback (259.50)

Blue Spikes 6-24 Credits Jason Frank (22.00) Shane Gaffaney (19.00) Melinda Llyod (15.50) Bob Kupper (12.00) Kelli Thompson (11.50) Pete Brendel (9.00) Bill Schmid (8.00) Darryl Hatzenbuhler (7.00) Mike Wolf (7.00) Joe Hillerson (6.50) Rory Anderson (6.50) Shannon Reichenberg (6.00)

Austin Fettig Kirsten Thomson

(Building/Planning/Zoning) Mitch Flanagan

Landon Niemiller Brandy Brendel

John Nelson

Randy Mathern

Derick McClintock

Ryan Talbacka

Heidi Dietrich

Mark Klein

Kevin Turnbow

Chris Vigness

Jamie Stephens

Virgil Case

Andrew Meldahl

Jayden Chuppe Rory Anderson Gene Anderson Mark Abramson

Please welcome our new members from NOVEMBER to the association!

BIANCO REALTY – DARCY FETTIG

SCHUTER CONSTRUCTION, INC.

(701) 400-1100 darcy@biancorealty.com www.darcyshomes.com/

(701) 220-6143 schuster6143@gmail.com

Affiliate Membership

Builder Membership

Royal Spikes 150-249 Credits Lori Willson (218.00) Mike Hopfauf (196.00) Berna Vetter (190.50) Colby Well (166.00) Jack Knutson (161.00) Red Spikes 100-149 Credits Blair Ihmels (147.00) Steve Redding (125.00) Dan Sparling (120.50) Chad Moldenhauer (110.00) Jerry Splonskowski (106.50)

BIANCO REALTY – BRANDON FETTIG

Affiliate Membership

Green Spikes 50-99 Credits Vance Vetter (99.00) Paula Haider (95.50) David Patience (94.50) Mark Larson (92.00) Eric Brenden (89.00) Darren Buffington (83.50) Kenneth Knodel (67.50) Art Goldammer (65.00) Scott Moran (57.50) Nadine Schaff (57.00) Scott Duchscherer (55.50)

(701) 426-7782 brandon@biancorealty.com www.darcyshomes.com TREX COMPANY

Associate Membership (801) 419-8842 pstuart@trex.com www.trex.com

GATE CITY BANK – PAM GANGEBERNARD

Affiliate Membership

(701) 333-8088 pamgange-bernard@gatecity.bank https://www.gatecity.bank/

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

30 Years

25 Years

20 Years

10 Years

5 Years

Life Spikes 25-49 Credits Gerry Rudnick (49.50) Gerald Hopfauf (45.50) Drew Knutson (43.00) Matt Shauer (42.50) Jeff Sattler (42.00)

Spike Candidates .50-5.50 Credits Kurt Steiner (4.50) Roger Grendahl (4.00) Parker Pladson (4.00) Vicki Moran (3.75) Jarred Roloff (3.50) Brian Eiseman (3.00) Sam Gietzen (2.50) Melanie Staiger (2.50) Jeran Thomson (2.50) Natalie Eckes (2.00) Alissa Kleinsasser (2.00) Wade Vogel (2.00) Jackie Andahl (1.00) Lynn Klein (1.00) Reid Kubesh (1.00) Terry Leabo (1.00) Tom Reinke (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) Kassy Landis (0.50) Judy Maslowski (0.50)

Front Street Millwork & Lumber

3 3 2 0 E Ce nt u r y Ave, B i sm a rc k , N D 701-255-1636 w w w. f ro nt st re e t m i l l wor k .com H o u r s: M o n d ay- Fr i d ay 8 a m to 5 pm

Merry Christmas and Happy New Year We will be closed: Monday, Dec 26th and Monday, Jan 2nd 2023

3 3 2 0 E Centu r y Ave, B i s m a rck , ND 701-255-1636 w w w.fronts treet mi llwo r k . co m Hour s: M ond ay- Fr i d ay 8 a m to 5p m

Front Street Millwork & Lumber

Merry Christmas and Happy New Year We will be closed: Monday, Dec 26th and Monday, Jan 2nd 2023

’

JAMIE SCHMIDT 2022 BMHBA PRESIDENT

Wow, my last letter as President! I’m not sure where the time has gone. This also means 2022 is coming to an end, as is my time as President of the BismarckMandan Home Builders Association. It has been a very rewarding experience for me to serve our association. As I look back, I’m very proud to see our membership increase and the attendance at our events continue to grow as well. I congratulate you all in supporting our association!

the new State President. Congrats Jeff! Joe Vetter of Joe Vetter Construction won the NDAB BEAM award. Congrats Joe! Remember, all BMHBA members are also members of NDAB and are encouraged to get involved on a state level. If not state, I ask that you get involved locally, remember to always be recruiting! We have strength in numbers. Membership applications are available online and staff is always on standby to follow up on referrals.

I would also like to continue to remind everyone to sign up for the 2023 Annual Home Show which will be held on March 17th and 18th at the Bismarck Event Center. The Home Show is a big event for our association and I would like to encourage you all to sign up early as booths have already been going quickly!

Again, thank you for the opportunity to serve as the president of BMHBA. It was a truly an honor.

I wish everyone a very Merry Christmas and a Happy New Year!

Several of our members Make sure to sign up for these upcoming events: attended the NDAB Annual • 64th Annual Banquet: January 19, 2023 Banquet and Board Meeting in Bismarck in November and what an • 46th Annual Home Show: March 17-18, 2023 exciting time for our local board to have Jeff Sattler take over as

Celeste Burke and Lindsey Matter

Lori Willson

MONTH

‘17

‘18

‘19

‘20

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‘17 ‘18 ‘19 ‘20

‘21

‘22

‘17

‘18

‘19

‘20

‘21

‘22

‘17

‘18

‘19

‘20

‘21

‘22

JANUARY

1

0

10

2

5

0

0

0

0

0

0

0

0

2

0

0

0

0

0

0

2

0

0

FEBRUARY

5

2

0

10

17

4

0

0

0

1

2

0

6

5

0

0

1

0

0

3

0

2

MARCH

14

2

9

32

28

31

2

2

1

4

9

2

4

8

2

8

9

11

0

0

0

APRIL

40

27

26

23

43

22

4

3

6

8

6

4

8

16

11

5

7

3

4

0

MAY

29

16

28

23

12

35

5

6

4

9

9

4

11

15

11

4

6

5

5

JUNE

48

24

18

40

53

27

10

2

2

3

8

4

13

13

4

6

3

12

JULY

60

22

17

34

41

19

3

3

2

7

5

5

6

11

12

14

9

AUGUST

16

27

19

29

39

29

6

1

7

2

3

4

13

20

10

16

SEPTEMBER

26

22

23

43

57

41

8

3

10

9

4

2

26

11

10

OCTOBER

22

15

36

43

38

53

4

7

3

10

2

2

20

9

NOVEMBER

9

11

14

12

25

3

0

1

0

5

7

DECEMBER

0

1

1

21

15

0

0

0

1

0

45

27

36

54

53

YTD TOTAL

YEAR

270 169 201 312 373 261

BISMARCK SINGLE FAMILY DWELLING Copper Ridge Design 2904 Dortmund Dr Copper Ridge Design 2908 Dortmund Dr Copper Ridge Design 2911 Kamrose Dr Copper Ridge Design 2912 Dortmund Dr Copper Ridge Design 2915 Kamrose Dr Copper Ridge Design 2916 Dortmund Dr Copper Ridge Design 2919 Kamrose Dr Copper Ridge Design 2920 Dortmund Dr Copper Ridge Design 2923 Kamrose Dr Copper Ridge Design 2924 Dortmund Dr Copper Ridge Design 2928 Dortmund Dr Copper Ridge Design 2930 Dortmund Dr Copper Ridge Design 2934 Dortmund Dr Copper Ridge Design 2936 Dortmund Dr Copper Ridge Design 3001 Kamrose Dr Copper Ridge Design 3005 Kamrose Dr Copper Ridge Design 3009 Kamrose Dr Copper Ridge Design 3013 Kamrose Dr J.E. Homes 5706 Iron Dr J.E. Homes 5708 Iron Dr

K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes K & L Homes Karsky Construction

27

‘17 ‘18 ‘19 ‘20

‘21

‘22

0

0

0

2

1

2

0

0

0

0

0

0

3

0

0

1

4

0

4

2

4

12

12

9

6

3

0

3

11 11 14

4

11

11

5

0

2

2

0

7

20 10

5

13

7

3

1

1

1

3

4

4

4

6

8

8

9

1

1

5

1

6

1

14

4

3

11

1

7

1

13

2

9

4

5

3

0

4

6

8

5

5

6

6

22

12

2

4

5

2

4

2

1

9

6

5

10

14

3

9

7

10

17

7

5

3

8

10

3

3

7

1

5

7

2

6

2

6

2

0

0

0

2

0

1

0

2

1

7

0

0

0

2

2

4

0

0

0

0

2

0

0

2

2

114

116

71

90

74

37

28

20

32

22

51

61

60

57

89

5825 Heritage Ridge Rd 6201 15th St NW 125 6201 15th St NW 127 6201 15th St NW 129 6201 15th St NW 131 6201 15th St NW 133 6201 15th St NW 135 6201 15th St NW 137 6201 15th St NW 139 6201 15th St NW 141 6201 15th St NW 143 6201 15th St NW 145 6201 15th St NW 147 6201 15th St NW 149 6201 15th St NW 151 6201 15th St NW 153 6201 15th St NW 225 6201 15th St NW 227 6201 15th St NW 229 6201 15th St NW 231 610 Mehrer Dr

53

Knutson Homes 1513 Crest Rd Knutson Homes 5107 Basalt Dr Paramount Builders 5315 Hendrickson Dr Pinnacle Homes 3817 Nickel St Premier Homes 4002 Steel St Premier Homes 5808 Gold Dr Sattler Homes 2820 Peach Tree Dr Sattler Homes 2902 Peach Tree Dr Sattler Homes 3323 Tyndale Dr Sattler Homes 3517 Calgary Pt Sattler Homes 5205 Gold Dr Verity Homes 5619 Smette Bnd BISMARCK ETA SINGLE FAMILY DWELLING Diversity Homes 815 W Burleigh Ave Epic Homes 4118 Sandy River Pl MANDAN SINGLE FAMILY DWELLING Diversity Homes 411 18th St SE LH Holdings LLP 2416 34th St SE LH Holdings LLP 2420 34th St SE LH Holdings LLP 2502 34th St SE LH Holdings LLP 2506 34th St SE

29

48

Verity Homes 3818 Scorpio Dr SE Verity Homes 3822 Scorpio Dr SE Verity Homes 3824 Scorpio Dr SE Verity Homes 3825 Scorpio Dr SE Verity Homes 3828 Scorpio Dr SE Verity Homes 3829 Scorpio Dr SE Verity Homes 3903 Scorpio Dr SE Verity Homes 3907 Scorpio Dr SE Verity Homes 3911 Scorpio Dr SE Verity Homes 3917 Scorpio Dr SE Verity Homes 3921 Scorpio Dr SE Verity Homes 3925 Scorpio Dr SE BURLEIGH COUNTY SINGLE FAMILY DWELLING Self/Owner 8831 Outland Rd LINCOLN SINGLE FAMILY DWELLING Rusch Homes 2602 Armstrong St Rusch Homes 2932 Armstrong St Rusch Homes 2962 Armstrong St MORTON COUNTY SINGLE FAMILY DWELLING Legendary Homes Inc 4290 Co Rd 139

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

The two grand prize winners from our 30th Annual 2022 Fall Parade of Homes were each awarded their prizes this past month. Congratulations to Alaynna Morin (right photo) who was awarded a $1,000 Gift Card from Carpet World and Jaimee Slaathaug (left photo) who received a Riccar Radiance R40P Vacuum ($1599 Value) from J & R Vacuum & Sewing Center!

BISMARCK • 3840 E Rosser Ave. 701-258-1267 • 800-472-2640

Also Located in Minot, Williston, Grand Forks and Fargo, ND.

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

Sat. 8am - 5:30pm

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

QUALITY • SERVICE • SELECTION • VALUE We reserve the right to correct errors, limit quantities and terminate any offer at any time. Prices subject to change. Visit acmetools.com for most up to date pricing. Valid through 12/31/22 unless otherwise noted.

M12™ 5 TOOL COMBO KIT

20V MAX* 10 TOOL COMBO KIT

Limited quantities at this price.

MODEL 2498-25 SALE

$

Limited quantities at this price.

MODEL DCK1020D2

199.00

SALE

WAS $349.00

599.00

SAVE $350.00

**Includes FREE 2.5Ah Battery (48-11-1850F). FREE

BATTERY SALE

A $159 value. Valid through 12/31/22 or while supplies last. In store only.

A. 2903-22 B. 2904-22 C. 2953-22 D. 2760-22

$

WAS $949.00

SAVE $150.00

A.

© Acme Tools 2022

B.

C.

D.

M18 FUEL™ Brushless 1/2” Drill/Driver Kit.................................................... $289.00** M18 FUEL™ Brushless 1/2” Hammer Drill/Driver Kit................................$299.00** M18 FUEL™ Brushless 1/4” Impact Driver Kit..............................................$299.00** M18 FUEL™ Brushless 1/4” SURGE™ Hydraulic Driver Kit...................... $329.00**

DCB606-2 DCB203-2 DCB240 DCB205-2 DCB230-2 DCA2203C DCB324-4

FLEXVOLT® 20/60V MAX* 6.0Ah Battery, 2 Pack ........WAS $269.00 SALE $199.00 20V MAX* 2.0Ah Compact Battery, 2 Pack.......................WAS $169.00 SALE $99.00 20V MAX* 4.0Ah Compact Battery......................................WAS $159.00 SALE $89.00 20V MAX* 5.0Ah Battery, 2 Pack........................................ WAS $239.00 SALE $149.00 20V MAX* Compact 3.0Ah Battery, 2 Pack.......................WAS $189.00 SALE $99.00 18V-20V Adapter Battery Combo Kit.................................WAS $199.00 SALE $99.00 20V MAX* Battery Bundle (2) 4.0Ah, (2) 2.0Ah............ WAS $329.00 SALE $159.00

HEATED GEAR

M18™ TOP-OFF™ 175W POWER SUPPLY

20V MAX* 5 IN. RANDOM ORBITAL SANDER KIT Limited quantities at this price.

Limited quantities at this price.

MODEL 2846-50

MODEL DCW210D1

MODEL DWMT45402

Limited quantities at this price.

SALE

$

149.00

WAS $249.00

SAVE $100.00

Limited quantities at this price.

MODEL 48-22-8201 $

$

129.00

SALE

WAS $229.00

89.99

WAS $119.99 SAVE $30.00

$

129.00

WAS $179.00

SAVE $100.00

ULTIMATE JOBSITE BACKPACK SALE

SALE

131 PC. MECHANICS TOOL SET WITH TOUGHSYSTEM®

SAVE $50.00

36V (18V X2) LXT® 7‑1/4 IN. 40V MAX XGT® BRUSHLESS CIRCULAR SAW KIT HAMMER DRILL/DRIVER Includes (2) FREE Batteries AND IMPACT DRIVER KIT (BL1850B-2). A $229 value.

Includes (2) FREE 4.0Ah Batteries (BL4040F).

A $438 value. While supplies last.

While supplies last.

MODEL XSH06PT SALE

$

359.

SAVE $160.00 WAS

$

MODEL GT200D

199.00

$

00

FREE

449.00

FREE

M18™ MULTI TOOL KIT Limited quantities at this price.

MODEL 2626-21CP SALE

$

99.

00

199.00 SAVE $100.00 WAS

$

1-1/8 IN. SDS-PLUS® BULLDOG™ XTREME MAX ROTARY HAMMER KIT Limited quantities at this price.

MODEL GBH2-28L SALE

$

2-1/4 HP EVS MULTI BASE ROUTER KIT Limited quantities at this price.

MODEL 1617EVSPK SALE

229.00

$

199.00

WAS $249.00

WAS $249.00

SAVE $50.00

SAVE $20.00

2-1/2 IN. 15 GAUGE ANGLED FINISH NAILER KIT

16 PC. BOLT BITER NUT EXTRACTOR AND DRIVER SET

MODEL NT65MA4M

MODEL 86171

Limited quantities at this price.

SALE

$

109.

WAS $179.00 SAVE $70.00

00

Limited quantities at this price.

SALE

$

89.99

WAS $99.99

SAVE $10.00

North Dakota faces a Legislative one every two years, for a maximum of 80 days. In those 80 days, there’s a lot of work to do.

The North Dakota Legislature will convene on January 3 rd and the North Dakota Association of Builders will be there every day, advocating for you and your business.

Some of the priorities that NDAB have for the 2023 Legislative Session includes: • NDAB supports tax incentives that encourage home sales.

• Efforts to adequately fund state infrastructure using funding mechanisms that fairly spread the burden amongst all users and vehicle MIKE JANGULA KAYLA PULVERMACHER types and oppose efforts that would target or shift the financial burden 2022 NDAB PRESIDENT NDAB CEO onto residential developments.

• Legislation that will allow for businesses to bring students onto the worksite, whether it be through internships or mentoring.

Keeping members updated on what happening during the legislative session will also be a focus for the organization. Update emails will be sent out to keep members informed on a weekly basis; and as urgent issues come up, we’ll send alerts with information on how to send emails to legislators.

NDAB believes that the homebuilding industry is essential in a growing and vibrant state economy like North Dakota. Owning a home is a part of the American dream; and we will work to ensure that housing is a priority and that all Americans have access to safe, decent and affordable housing.

Kayla Pulvermacher, NDAB CEO Mike Jangula, 2022 NDAB President

December 3 Bean Bag Bonanza Tournament & Chili Cook-Off Forx Builders Association

December 15 Builders Bash Minot Association of Builders

December 16 Holiday Open House HBA of Fargo-Moorhead

NDAB members, staff, and board of directors gathered at 510.2 Speakeasy in Bismarck on Wednesday, November 16 for a bourbon tasting event. All proceeds benefited BUILD-PAC.

The North Dakota Association of Builders held their Annual Banquet on Thursday, November 17 at the Heritage Center in Bismarck. Former NDAB President (1998), Robb Sattler, inducted his son Jeff Sattler (former BMHBA President) as the 2023 NDAB President! Congratulations to BMHBA Director, Joe Vetter, who won the 2022 NDAB BEAM Award!

Associate Member Spotlight

American Roofing Supply is a member of SRS Distribution which is one of the nation’s leading distributors of roofing materials and building products focused on providing the best service for our customers, building a great culture for our team members and giving back in the communities we serve. The foundation of our success is based on a culture and a commitment to building longlasting relationships. We are committed to driving change in a manner that positively impacts those we work with and those across our industry.

Brian Johnson, Shane Gaffaney, Ken Salwey, Dennis Buchholz, Kevin Salwey, Kurt Carney

What is an interesting fact about

American Roofing Supply that most people don’t know? We opened four years ago and have grown our service area in ND, SD & MN to eight branches, with over 300 branches nationwide. Our Sales Staff in Bismarck has more than 170 years’ experience in Building Material Sales.

Do you have any advice for someone just entering this industry? Find something that you are passionate about selling. Take the time to build relationships with your colleagues, customers, and competitors. As you never know what tomorrow will bring, and people buy from people.

What is a typical day like for you? In the summer we start early, loading trucks for deliveries that will be made in town and out of town. The driver and warehouse crew split time between unloading freight, maintaining the warehouse and pulling and loading orders for delivery and pick up. Our Inside Sales team works with walk-in customers and the phones. The Sales Team also takes meeting with clients that are building new homes and working on remodel projects. The Territory Managers schedule onsite meetings with clients to review the project’s progress, answer any technical questions and schedule upcoming deliveries.

If I weren’t in this industry, I’d be a …

Shane Gaffaney: A Lake Side Mechanic / Handyman at Lake Tschida Kurt Carney: A Fishing Guide Ken Salwey: Collector Car Sales Business Ray Meyer: Collectibles Dealer

What do you hope to see American Roofing Supply accomplish in the coming years?

Continue our work with Raise the Roof Foundation. We provide aid to disaster relief victims, community needs and Veterans programs. Locally this summer and fall we hosted and provided a lunch. Contractors, builders and business partners were invited to the branch for this fun BBQ. We hope that we can grow and expand this next year, so we can include more people in the building industry. We look forward to our business after-hours this spring with the Bismarck Mandan Chamber EDC. What inspired you to enter this industry? Shane Gaffaney: This was just by chance. I was walking down the halls at Moorhead State University and saw a sign that read, “Allied Building Products, Pizza Lunch and Interviews.” The rest is history.

What makes your business unique from similar businesses in the area? The most important thing that I have found out while working for ARS/SRS would be the way they take care of the employees. We are a company where every employee has a chance to succeed, grow and become an owner.

What is your favorite part of your job? Seeing the finished product, if it is a new deck build, a new home, or a commercial project. Having the opportunity to be part of a project being built is just amazing.

What do you like to do in your spare time?

Shane Gaffaney: I enjoy riding stand up jet skis, snowmobiling, hunting and fishing.

Kurt Carney: UTV off-roading, hunting, fishing and spending time with family.

Ray Meyer: Reading and collecting collectible items.

What do you love most about the holiday season? The changing of the seasons. Making plans to get together with family and friends. Taking time off to enjoy life and remember the good things that have come during the past year. The celebration of life and faith with my family and watching “Christmas Vacation.”

WEBSITE: www.amroofing.com FACEBOOK: www.facebook.com/American-Roofing-Supply-Bismarck-297205957675371/

Professional Women in Building gathered on November 15 at Fabricators Unlimited to celebrate their accomplishments since being chartered on October 20, 2020.

BMHBA PWB encourages and supports women in the building industry, volunteers in our community to make a difference and is committed to spreading the message about opportunities available in the building industry to anyone who may be looking for a career in construction. ✨For more information check out the PBW Facebook page or the BMHBA Website ✨ https://www.bmhba.com/about-us/pwb/ https://www.facebook.com/bmpwb/

JANUARY 19

TBD

JANUARY 31 - FEBRUARY 2

JULY 11

AUGUST 3

APRIL 27-30

MARCH 17-18

SEPT. 28 - OCT. 1

TBD

SEE YOUR AD HERE

Call the BMHBA office for more info 701-222-2400.

Per the Mortgage Bankers Association’s (MBA) survey through the week ending November 4th, total mortgage activity declined 0.1% from the previous week and the average 30-year fixed-rate mortgage (FRM) rate rose eight basis points to 7.14%. The FRM rate has risen 33 basis points over the past month and has been above 7% for the past three weeks.

The Market Composite Index, a measure of mortgage loan application volume, decreased by 0.1% on a seasonally adjusted (SA) basis from one week earlier. Purchasing activity increased 1.3%, while refinancing activity decreased 3.5% week-overweek.

The 1.3% increase in purchasing activity was the first increase in the past six weeks even though purchasing

activity has decreased 41.6% on a year-over-year basis. The refinancing activity index is down 86.9% from the same week one year ago, the index has hit its lowest point since August 2000.

The refinance share of mortgage activity declined from 28.6% to 28.1% over the week, while the adjustable-rate mortgage (ARM) share of activity slightly increased from 11.8% to 12.0%. With continued increases in FRM rates, buyers are looking for ways to save when purchasing. ARMs offer lower rates than FRMs which has led to an increase in activity with buyers more likely to use an ARM to purchase a home. According to Freddie Mac, the current 5/1-ARM rate is at 5.95%.

Save the Date 64th Annual Banquet

January 19, 2023 Northern Lights Atrium | Heritage Center 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 Development

The Census Bureau’s latest Survey of Construction (SOC) shows slight changes in the number of full and half bathrooms for new single-family homes started in 2021 compared to 2020. The current data shows that 3.1% of new single-family homes started had one full bathroom or less, 62.6% had 2 full bathrooms, 27.0% had 3 full bathrooms and 7.3% had 4 or more full bathrooms.

3 or more full bathrooms. When comparing this to new single-family homes between 2400-2999 square feet, only 44.1% of homes had 3 or more bathrooms while 55.9% had 2 or fewer full bathrooms. This is consistent with the idea that smaller homes have fewer full bathrooms.

Figure 2 shows the share of new single-family homes started in 2021 with 2 full bathrooms by census division. The share of new single-family home starts with 2 full bathrooms varies across the United States. The East North Central census division comes in with the highest share at Figure 1 70.3% of new single-family home starts having 2 bathrooms. shows how The lowest census division is the West North Central having the share a share of 54.0% having 2 bathrooms. of new In 2021, a majority of new single-family homes (53.7%) singlehad no half-bathrooms while 44.5% of the homes had 1 half family -bathroom. New single-family homes with 2 or more halfhome bathrooms had a share of 1.7% in 2021. starts by full bathrooms has changed dating back to 2005. The shares of new single-family homes with 1 or less full bathroom, 3 full bathrooms, and 4 or more full bathrooms all increased from 2020 while the share of new single-family homes with 2 full bathrooms decreased. As expected, homes with 2 full bathrooms continues to have the highest share of new single-family home starts. This share has fluctuated between 69.9% and 59.3% of all new starts since with the lowest level of 59.3% in 2015.

Larger homes continue to feature more full bathrooms when compared to smaller homes. 93.8% of new singlefamily home starts that were 5,000 square feet or more had

Consumer prices in October saw the smallest year-overyear gain since January 2022, and while still elevated, inflation experienced the first month below an 8% annual growth rate since February 2022. However, the shelter index continued to rise at an accelerated pace and the energy index increased after declining for three straight months. As inflation appears to have peaked and has started to slow, this may ease some of pressure on the Fed to maintain its aggressive monetary policy.

The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.4% in October on a seasonally adjusted basis, following the same increase in September. The price index for a broad set of energy sources rose by 1.8% in October as a decline in natural gas (4.6%) partly offset an increase in electricity (+0.1%) and gasoline index (+4.0%). Excluding the volatile food and energy components, the “core” CPI increased by 0.3% in October, following an increase of 0.6% in September.

Meanwhile, the food index increased by 0.6% in October with the food at home index rising 0.4%.

Most component indexes continued to increase in October.

The indexes for shelter (+0.8%), motor vehicle insurance (+1.7%), recreation (+0.7%), new vehicles (+0.4%) as well as personal care (+0.5%) showed sizeable monthly increases in October. Meanwhile, the indexes for used cars and trucks (-2.4%), apparel (-0.7%), medical care (-0.5%) and airline fares (-1.1%) declined in October.

increase of 0.7% in September. This is the largest monthly increase since August 1990. The indexes for owners’ equivalent rent (OER) increased by 0.6% and rent of primary residence (RPR) increased by 0.7% over the month. Monthly increases in OER have averaged 0.7% over the last three months. More cost increases are coming from this category, which will maintain pressure on inflationary forces in the months ahead. These higher costs are driven by lack of supply and higher development costs. Higher interest rates will not slow these costs, which means the Fed’s tools are limited in addressing shelter inflation.

During the past twelve months, on a not seasonally adjusted basis, the CPI rose by 7.7% in October, following an 8.2% increase in September. The “core” CPI increased by 6.3% over the past twelve months, following a 6.6% increase in September. The food index rose by 10.9% and the energy index climbed by 17.6% over the past twelve months.

NAHB constructs a “real” rent index to indicate whether inflation in rents is faster or slower than overall inflation. It provides insight into the supply and demand conditions for rental housing. When inflation in rents is rising faster (slower) than overall inflation, the real rent index rises (declines). The real rent index is calculated by dividing the price index for rent by the core CPI (to exclude the volatile food and energy components).

The Real Rent Index rose by 0.4% in October. Over the first ten months of 2022, the monthly change of the Real Rent Index increased The index for shelter, which makes up more than 40% of by 0.1%, on the “core” CPI, rose by 0.8% in October, following an average.

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