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YBA Announcements

PBA Announcements

  • Say NO to Cluster Mailboxes!

    WE NEED YOU TO TAKE ACTION! The United States Postal Service (USPS), facing dire financial straits, has instituted a de facto mandate requiring mail delivery to cluster mailbox units in new residential developments. This determination was made without affording the public and those affected by […]

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  • Carl Flohr, 1928-2019 - PBA Past President

    PBA mourns the passing of Past President Carl Flohr. Mr. Flohr served as President of the statewide association in 1975. He was a home builder and developer in the Chambersburg area and was the founder of Flohr Pools. PBA members across Pennsylvania extend our sympathies to the Flohr family and we […]

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  • Don't Underestimate Power Washing

    Is your deck looking a little worn? Maybe the siding on your house is dirty – or even worse, looks green with mildew. There’s an easy fix for the problem. Power washing. Power washing is a relatively easy-to-do task that should be part of your annual routine. It’s an effective […]

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  • Builders and Developers Win Huge Legislative Victory for Affordable Housing

    On July 2,  Pennsylvania Governor Tom Wolf signed House Bill 751 (Act 53 of 2019) reforming the way private water and sewer utilities’ income tax liability is calculated. The tax change specifically relates to a federal tax provision affecting private water and sewer utilities when they […]

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  • Happy Safe 4th of July!

    Yes, it has been a very wet year so far, yet after a few of these hot 90-degree days you can start seeing a couple of dry patches in your yard. So with the July 4th holiday upon us, it’s important to remember some safety tips to keep you and your home safe. As tempting as it is to set […]

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NAHB Announcements

  • Single-Family Permit Decline Continued in May

    Over the first five months of 2019, the total number of single-family permits issued year-to-date (YTD) nationwide reached 342,116. On a year-over-year (YoY) basis, this is a 5.8% decline over the May 2018 level of 363,327. Year-to-date ending in May, single-family permits reported declines in all […]

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  • Building Materials Price Declines Led by Lumber and Plywood

    Prices paid for goods used in residential construction decreased by 1.1% in June (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics.  The decline broke a four-month trend of increases and was only the fifth month […]

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  • Among Government-Backed Home Loans, USDA Loans’ Average Size Spike

    The latest data from the Mortgage Bankers Association’s Weekly Applications Survey show a decrease of 2.4% in fixed-rate mortgage applications on a seasonally adjusted basis from one week earlier. Currently, fixed-rate mortgages account for about 95% of all mortgage activity, with the rest of […]

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  • Gain in Core Inflation in June

    In June, core inflation increased relative to May, while headline inflation remained unchanged. The Bureau of Labor Statistics (BLS) released the Consumer Price Index for June. On a seasonally adjusted basis, the Consumer Price Index (CPI) rose by 0.1% in June, the same increase as in May. […]

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  • Consumer Credit Report Shows Acceleration of Revolving Debt

    The Federal Reserve’s latest G.19 Consumer Credit Report shows rising trends in consumer credit, excluding loans secured by real estate, through May 2019. As of May 31, 2019, consumer credit totaled $4.1 trillion on a seasonally adjusted basis, with $1.1 trillion in revolving debt1 and $3.0 […]

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