NLBMDA announces new leadership team
San Antonio — The National Lumber and Building Material Dealers Association (NLBMDA) has announced its new leadership team installed on Oct. 26 at the ProDealer Industry Summit.
At the association’s annual meeting, the NLBMDA board of directors elected Cally Coleman Fromme, executive VP of Zarsky Lumber, as the association’s new chair, replacing outgoing chair Joe Collings of Ferguson Lumber. Fromme is the first woman to lead the association in its 94-year history.
"For more than 90 years, the NLBMDA has been the voice of the building material industry working to promote, protect and advance the interests of dealers nationwide. I am extremely proud to be carrying on the legacy of my predecessors working to make our industry stronger, while dealing with the many challenges we are facing in this difficult economic climate," Fromme said. "The housing and building industry is particularly challenged by the current political climate, and we will be promoting this industry, educating and assisting legislators, and being ‘at the table’ when legislation and regulations are being formulated. In unity with our manufacturers, producers and state associations, the NLBMDA is our effective voice on Capitol Hill at a time when our experienced voice of reason and common sense needs to be clear and strong."
Fromme previously served as president of the Lumbermen’s Association of Texas and Louisiana.
The other members of the 2011-2012 NLBMDA Executive Committee are:
• Chair-Elect: Chuck Bankston, Bankston Lumber, Barnesville, Ga.;
• First Vice Chair: Chris Yenrick, Smith-Phillips Building Supply, Winston-Salem, N.C.;
• Second Vice Chair: J.D. Saunders, Economy Lumber, Campbell, Calif.;
• Treasurer: Linda Nussbaum, Kleet Lumber Co., Huntington, N.Y.;
• Manufacturers & Services Council Chair: Bob Harden, Dow Building Solutions, Jenkintown, Pa.;
• Federated Association Executives Chair: Jim Moody, Construction Suppliers Association, Tyrone, Ga.;
• Immediate Past Chair: Joe Collings, Ferguson Lumber, Rockville, Ind.; and
• President: Michael O’Brien, NLBMDA, Washington, D.C.
The ProDealer Industry Summit is co-sponsored by the NLBMDA and Home Channel News.
USGBC president elected chair of World Green Building Council
President, CEO and founding chair of the U.S. Green Building Council (USGBC) Rick Fedrizzi has been elected chair of the World Green Building Council (WorldGBC). The WorldGBC is a coalition of green building councils from 89 countries.
“I’ve watched in awe as the green building movement has grown on a global scale — as people from widely different backgrounds, countries and industries have united under a common commitment to building a healthier, more sustainable world,” Fedrizzi said. “I’m humbled to be a part of this massive movement, and honored to serve the WorldGBC and its global members.”
As WorldGBC chair, Fedrizzi plans to raise global awareness of the WorldGBC while advancing the voice of each country.
Fedrizzi was named president and CEO of the USGBC in 2004, following 25 years as a Fortune 500 executive.
Founded in 1999, WorldGBC fosters and supports new and emerging green building councils by providing them with the tools and strategies to establish strong organizations and leadership positions in their countries.
New-home sales rose 5.7% in September
Sales of newly built, single-family homes increased 5.7% to a seasonally adjusted annual rate of 313,000 units in September, according to data from the U.S. Commerce Department. This marks the fastest pace of new-home sales in the past five months.
"Today’s report highlights the gradual improvement in housing market conditions that is becoming evident in certain pockets of the country, as consumers who can surmount very restrictive lending standards to qualify for a favorable mortgage rate seize on this opportunity to buy," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev.
"The latest numbers also reveal that first-time buyers are driving the new-homes market right now, as evidenced by the volume of lower-priced, entry-level homes under contract,” he added. “It’s worth noting that these consumers are very dependent upon federal policies and programs that support homeownership, such as the mortgage interest deduction and low-downpayment mortgage options that have been threatened by recent government proposals."
Regionally, new-home sales registered gains of 11.2% and 9.7% in the South and West, respectively, and declines of 4.2% and 12.2% in the Northeast and Midwest, respectively.
The inventory of new homes for sale held at an all-time record low of 163,000 units in September, which represents a 6.2-month supply at the current sales pace.
"The improved rate of new-home sales in September is on par with NAHB’s forecast for the overall number of sales this year and in keeping with the spotty improvements that our latest builder surveys have highlighted in select markets," said NAHB chief economist David Crowe. "While 313,000 is still an exceptionally low rate of new-home sales by historic standards, it is an encouraging sign of an anticipated broader recovery over the course of next year, and builders have helped the situation by keeping their inventories of homes for sale very lean in areas where there is an oversupply of existing units."