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Remodeling Industry Confidence Improves Year over Year
The NAHB/Royal Building Products Remodeling Market Index (RMI) for the second quarter posted a reading of 87, up 14 points from the second quarter of 2020. The finding is a signal of residential remodelers’ confidence in their markets for projects of all sizes. “Remodelers in many parts of the country are experiencing very strong demand for their services,” said NAHB Remodelers Chair Steve Cunningham, CAPS, CGP, a remodeler from Williamsburg, Va. “So far, remodelers have been able to accomo- date most customers, but as the backlog of projects in the pipeline grows, there is a tend- ency for them to take longer to start and complete.” The NAHB/Royal Building Products RMI survey asks remodelers to rate five compo- nents of the remodeling market as “good,” “fair” or “poor.” Each question is measured on a scale from 0 to 100, where an index number above 50 indicates that a higher share view conditions as good than poor.
DOL Rescinds Joint Employer Rule The U.S. Department of Labor (DOL) has announced it will rescind a joint employer rule that took effect in March 2020. NAHB viewed the 2020 rule favorably because it provided home building firms and small businesses clarity and certainty. The rule, which went into effect in March 2020, was subsequently challenged by 18 states on the grounds that the rule was invalid. The federal district court for the Southern District of New York agreed. DOL said the March 2020 joint employer rule will be rescinded effective Sept. 28, 2021. NAHB Award Program Applications Open Winning an NAHB award is the most prestigious honor you can earn in the home building industry and one of the savviest ways to get your company noticed. Don’t miss your chance to get the recognition you deserve. Applications are open for the Best in American Living Awards, The Nationals, and a dozen other outstanding award programs.
H-2B Visas for Returning Workers The U.S. Citizenship and Immigration Service (USCIS) announced July 27 that employers may file H-2B petitions for returning workers under the FY 2021 H-2B supplemental visa temporary final rule. Employers may take this action if they are likely to suffer irreparable harm without these additional workers. USCIS will accept petitions for returning workers until Sept. 15, 2021, or until the cap is reached, whichever occurs first.
CDC Eviction Moratorium Ends The eviction moratorium order mandated by the Centers for Disease Control and Prevention (CDC) expired on July 31. The CDC is now putting a renewed emphasis on the resources available to ensure those impacted by the COVID-19 pandemic are able to remain in their homes. To assist in outreach, NAHB has a sample script that landlords can use to contact tenants and walk them through the steps to apply for assistance and/or request permission to apply on their behalf.
White House Holds Supply Chain Summit NAHB, along with a diverse group of stakeholders, participated in a July 16 virtual discussion hosted by the White House regarding current challenges across the home building supply chain, implications for the broader housing market, and possible solutions. The meeting was the culmination of NAHB’s year-long effort to educate policymakers about how rising lumber and building material prices are harming home builders, home buyers and the economic recovery. Learn more about NAHB’s efforts to resolve the lumber crisis by visiting our lumber page at nahb.org.
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Use the WBA Builders Direct Fund to support your candidate and support Building a Better Wisconsin PAC. Make a personal individual contribution to the Builders Direct Fund Conduit to support a candidate for governor, attorney general, state senate, or state assembly by using a personal, individual or single member LLC credit card. BuildersDirectFund.com
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The WB Foundation offers online continuing education credits for holders of Wisconsin's Dwelling Contractor credentials through its partnership with Slipstream and the B4 Conference. These courses are designed to fulfill Wisconsin's continuing education requirements for dwelling contractors (12 credit hours every two years), and are approved by the Wisconsin Department of Safety & Professional Services (DSPS). Check out the link here: https://www.wisbuild.org/online-courses-preview