THANK YOU TO OUR 2015 CBC ANNUAL SPONSORS
PLATINUM COMING UP: GOLD T SILVER
2015 Custom Builders Council Chair
BO BUTLER Butler Brothers Construction
Thomas Black of Stock Supply Company spoke to a sold out room of over 180 attendees at this month’s Custom Builders Council meeting regarding commodity supply, demand and pricing. He told the crowd that in the last two years, the housing market has seen a higher percentage of multifamily starts than we have been accustomed to historically. Why does this matter? This spread has helped create a current state where some forestry products are slightly overproduced, meaning prices are on the low side. Acknowledging that supply and demand may be slightly out of line today, and single family housing markets will continue to recover over the next 24 to 36 months, that may change. As that single family/multifamily spread returns to a more normal balance, commodity prices are poised to escalate through the recovery.
Thom’s short-term forecast for both OSB and lumber includes prices higher than the levels we are seeing today, but limited in their band of volatility. Certain products—like southern pine lumber—are more susceptible to inflation. But the single largest driving factor we see for potential price escalation is the current compression in the logistics industry.
The key to winning as we navigate through the market in the years ahead will be strong alignment and partnership between dealers and builders. The better and more transparent the forecast from our builder partners is, the better that Bison, A Stock Building Supply Co. and other suppliers can plan to have the inventory builders need to finish their starts on time.
PHOTO LEFT: Thomas Black, Stock Building Supply, offers insight on commodity prices for 2015, and how to build winning relationships between builders and suppliers.
CUSTOM BUILDERS COUNCIL INFO AND SPONSORSHIPS: Contact Donna Buenik (281) 664-1429
dbuenik@ghba.org
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PHOTO RIGHT: Congratulations to David Gordon, president of Whitestone Builders Inc., which celebrated its 10th year in business at a recent open house. The company builds custom luxury homes with a focus on New Orleans and traditional styles. A GHBA member since 2006, David is a CBC board member and past president. He’s been honored as GHBA Custom Builder of the Year and 2011 Star Award winner, and also served as builder captain for the 2009 HomeAid playhouse.
CBC NETWORKING EVENT Wednesday, March 11 4 to 6 p.m. at Butler Brother Construction Townhome Project, 31 Briar Hollow Free to attend. CBC members only!
Enjoy cocktails & appetizers, while you tour Butler’s new townhome project. Gain insight into the process of developing from the ground up!
CUSTOM BUILDERS COUNCIL MONTHLY LUNCHEON
Topic: Using HOUZZ to Win Clients
Improve business efficiency, reach new prospective clients & streamline communications
Thursday, March 19 11:30 a.m. to 1 p.m. at Houston Racquet Club, 10709 Memorial Dr., Houston 77024 Cost: $35 earlybird; $45 beginning Mar. 17
Sponsored by: Tabletops:
CBC BOARD OF DIRECTORS
Chairman: Bo Butler, Butler Brothers Construction
Vice Chair: Brandon Lynch, CGP, CAPS Keechi Creek Builders
Speaker Chairman: David Gordon, Whitestone Builders Inc.
Past Chair: Ted Cummins, CGB, GMB, CGP Morning Star Builders, Ltd
Board Members Adam Sprouse, Sprouse House Custom Homes D’Ann Brown, CGP, CGA, StrucSure Home Warranty Greg McDonald, BMC Building Materials Jason Gustafson, Winshire Green Jim Bob Taylor, D. L. Doyle Construction Co. John Sullivan, Sullivan Brothers Builders
Matt Sneller, CGP Sneller Custom Homes and Remodeling, LLC Rocky Flores, DataSmart/Duncan Security
Committees/Special Projects
Judy Bonica, CGA, CGP Ferguson Bath, Kitchen & Lighting Gallery James Cook, Bison, A Stock Building Supply Co.
MARCH 2015 | HOUSTON BUILDER | GREATER HOUSTON BUILDERS ASSOCIATION – BUILDING A BETTER FUTURE
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