Mar 18 2022
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LHBA Legislative Update

By Advocacy, LHBA Legislative Update

Louisiana’s 2022 Regular Legislative Session began this past Monday, March 14. The Legislature filed over 1,200 bills thus far, including SCR 4 by Sen. Cathey. SCR 4 repeals administrative licensing requirements for residential specialty classifications, including: pile driving, foundations, framing, roofing, and masonry/stucco. Specifically, SCR 4 will:


·   Increase the workforce. Current specialty classification rules impair competition by limiting the number of subcontractors willing to comply.

·   Remove onerous paperwork currently required for a licensed, lawful contractor only to prove compliance and good standing.

·  Allow more subcontractors to work under a licensed residential contractor, providing better protection for the consumer.


Please click on the link below to ask Commerce Committee Members to VOTE YES on SCR 4 by Sen. Cathey. A draft email is written for you, all you have to do is push send.


Voter Voice Link:  https://www.votervoice.net/LHBA/Campaigns/92583/Respond

Mar 18 2022
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Building Material Prices Increase Slightly

By Industry News
The prices of goods used in residential construction ex-energy climbed 1.6% in February (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building material prices increased 20.4%, year over year, and have risen 31.3% since January 2020.
Mar 18 2022
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Existing Home Sales Fall in February

By Housing
As rising mortgage rates and home prices continued to price out homebuyers and reduce affordability, existing home sales dropped to a six-month low in February, according to the National Association of Realtors (NAR). Furthermore, home price appreciation is expected to slow in the coming quarters as demand cools and supply improves. Total existing home sales, including single-family homes, townhomes, condominiums… Read More ›