Wednesday, November 3, 2021

November 2021

 President's Message

BANNJ President John Cioletti



Thank you to the BANNJ members who attended our Annual Reno’s Pre-Holiday Networking party on October 28th.     

The Reno’s team did a fantastic job with the event and nearly 300 guests enjoyed fantastic food, live music, prizes and more at this favorite industry social gathering. See photos from this and all events at https://www.bannj.org/image-gallery/.   

We have two exciting events coming up to end the year. On Thursday, November 18th we will meet at the new Ferguson Showroom in Mahwah for business networking and for a CEU Presentation on Lighting Controls as a Component of Interior Design by Legrande. Great information for architects, designers, builders, contractors, and associate trade partners.  Then, join us at Wayne Tile in Ramsey on December 2nd for a holiday gathering and a valuable presentation on How to Protect Your Business Assets & Information from Cyber Theft by Richard Gaynor, Middleton & Company.   

Don’t miss this important information as cyber-crime is especially problematic during the holidays.  Register today for both meetings at https://members.bannj.org/events, and I hope to see many of our members there. 

NJBA Sales & Marketing (SAM) Awards: Congratulations to the following BANNJ members who won at the SAM Awards presented by the New Jersey Builders’ Association at the Atlantic Builders Convention on October 11th:

Glen Lumia of Creative Design Construction-Best Bath Remodeling/Renovation Project

The Marketing Directors-Edwin Blanco, Sales Manager of the Year; Hannah Yoo, Marketing Director of the Year; Beejal Sakaria, Rookie of the Year-Rental Communities; Linda Nassaney, Kate Yoo & Sarah Ramierz, Leasing Team of the Year; Michael Monterosa, Kathleen Thenor, Beejal Sakaria & Laruen Chaban, Leasing Team of the Year; Michael Monterosa, Leasing Manager of the Year; Hannah Yoo, Leasing Marketing Director of the Year

Skyline Development-Juan Hernandez, Project Superintendent of the Year

Caliber Home Loans-Frank Lay, Associate Member Salesperson of the Year; Best Ad One-half page and under for an Associate Member; Best Ad over One-half page for an Associate Member; Best On-line Video/YouTube for an Associate Member; Best App or online Interactive tool for an Associate Member.


 



Booming home prices are boosting state and local governments

The housing crisis and the labor shortage are linked: People can't take jobs if there aren't affordable homes nearby

Housing market shows cracks with price cuts in pandemic boomtowns

As new home sales continue to rise, where are the appliances?


Home prices rise, and single people are running out of houses to buy

Why US home prices are still so high?

 Shortages continue with a new twist: Builders can’t find lots

 America’s 40-year housing market ‘tailwind’ could be coming to an end — with rising mortgage rates and worsening affordability

 The housing crisis will continue if Congress fails to address its root cause

 The US needs as many as 7 million homes to solve its housing crisis. Congress is offering about 1 million instead.

 All NAHB members can have their PPP loans forgiven.

 NAHB urges Biden to act on lumber and supply chain disruptions.

 



November 10th - From our fellow NJBA local, the Shore Builders Association of Central New Jersey, a special showcase event... (click here)

Thursday, November 18th-General Membership Meeting @ Ferguson Showroom in Mahwah, NJ.  Join us at the beautiful new Mahwah showroom for a night of industry networking, showroom tour and industry speaker.  

Thursday, December 2nd-Board of Directors Meeting followed by Cyber Security Update and How to Protect Your Business from New Threats. Join us at the beautiful Wayne Tile Showroom in Ramsey, NJ for a festive holiday gathering and get important information from our expert speaker about new updates to Cyber Security and How to Protect Your Business.

And Save the Date in 2022-Thursday, January 27th Annual Installation & Awards Dinner at The Graycliff Fine Catering.