What's New in Our Industry?

The BIA of Central Ohio closely follows news reports, industry trends and community information on behalf of our industry. We are also a trusted source for the media, and are frequently contacted to share our expertise for news stories.

05/19/2017

NAHB Now Accepting Applications for Best of 55+ Housing Awards

The National Association of Home Builders (NAHB) 55+ Housing Industry Council is now accepting applications for the 2018 Best of 55+ Housing Awards, which honor excellence in building design, marketing and lifestyle of housing for the mature adult. The awards also honor individual success by highlighting two 55+ Housing Industry Council members--one as Builder of the Year and one as Associate of the Year.

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05/16/2017

Multifamily Drop Brings Down Housing Production 2.6 Percent in April

Led by a decline in multifamily production, nationwide housing starts fell 2.6 percent in April to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.

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05/15/2017

Builder Confidence Continues on Upward Trend

In a further sign that the housing market continues to strengthen, builder confidence in the market for newly-built single-family homes rose two points in May to a level of 70 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This is the second highest HMI reading since the downturn.

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05/04/2017

Builder Confidence in the 55+ Housing Market Remains Positive Despite Drop in the First Quarter of 2017

Despite a 12-point drop from the previous quarter, builder confidence in the single-family 55+ housing market remains in positive territory for the first quarter of 2017 with a reading of 55, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released today. This is the 12th consecutive quarter with a reading above 50, which means that more builders view conditions as good than poor.

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05/04/2017

Housing Index Hits Milestone but Permits Still Lagging

Based on current price, permit and employment data, markets nationwide are running at an average of 100 percent normal economic and housing activity, according to the National Association of Home Builders/First American Leading Markets Index (LMI) released today.

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05/01/2017

NAHB Now Accepting Applications for Multifamily Pillars of the Industry Awards Competition

The National Association of Home Builders (NAHB) opened its general call for entries for the 2017 Multifamily Pillars of the Industry Awards competition. Multifamily owners and developers, builders, property managers, architects, interior designers and multifamily industry professionals are invited to enter the competition.

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05/01/2017

Aging-in-Place Remodeling, Minor Modifications Gaining Popularity, According to NAHB Survey

The past five years have seen increases in the number of remodelers engaged in aging-in-place home modifications and home owner awareness of these types of remodeling projects, according to a survey by NAHB Remodelers, the remodeling arm of the National Association of Home Builders (NAHB).

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04/28/2017

Statement from NAHB Chairman Granger MacDonald on the Nomination of Pamela Hughes Patenaude as Deputy HUD Secretary

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued the following statement on the nomination of Pamela Hughes Patenaude as deputy secretary of the Department of Housing and Urban Development:

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04/26/2017

Statement from NAHB Chairman Granger MacDonald on President Trump's Tax Reform Plan

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, today issued the following response to President Trump's tax reform proposal:

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04/25/2017

Statement from NAHB Chairman Granger MacDonald on Comments by Commerce Secretary Ross Regarding Canadian Lumber Tariffs

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, today responded to comments by Commerce Secretary Wilbur Ross regarding the imposition of tariffs on Canadian lumber imports.

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04/25/2017

New Home Sales in March Continue Upward Trend

Sales of newly built, single-family homes rose for the third straight month, increasing 5.8 percent in March to a seasonally adjusted annual rate of 621,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

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04/25/2017

Statement from NAHB Chairman Granger MacDonald on Canada Seeking Alternative Source of Lumber Exports to the U.S.

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville Texas, today issued the following statement regarding reports that Canada is looking at China to boost lumber exports as an alternative to the U.S.:

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04/25/2017

Proposed Lumber Duties Will Harm Consumers, Housing Affordability

The National Association of Home Builders (NAHB) today denounced the decision by the U.S. Department of Commerce to impose a 20 percent countervailing duty on Canadian lumber imports, saying it will harm American home buyers, consumers and businesses while failing to resolve the underlying trade dispute between the two nations.

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04/25/2017

Single-Family Production Falls in March After Strong February Reading

Following an elevated February reading, nationwide housing starts fell 6.8 percent in March to a seasonally adjusted annual rate of 1.22 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Still, new housing production in the first quarter of this year is running 8.1 percent above the pace in 2016.

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04/25/2017

Increases in Remodeling Market Indicators Reflect Broad-Based Confidence

The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) rose to 58 in the first quarter of 2017, an increase of five points from the fourth quarter of 2016 and the highest reading since 2015.

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04/24/2017

Statement from NAHB Chairman Granger MacDonald on Canada Seeking Alternative Source of Lumber Exports to the U.S.

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville Texas, today issued the following statement regarding reports that Canada is looking at China to boost lumber exports as an alternative to the U.S.:

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04/13/2017

Builder Confidence Holds Firm in April

Builder confidence in the market for newly-built single-family homes remained solid in April, falling three points to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after an unusually high March reading.

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04/07/2017

New Homes Strengthen Economy, Spur Job Growth

As the housing industry celebrates New Homes Month in April, newly released data from the U.S. Commerce Department confirms the significant contribution that residential construction has on the U.S. economy.

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04/05/2017

BWC Proposes another $1 Billion Workers' Compensation Rebate

For the third time in four years, BWC is poised to return more than $1 billion dollars to Ohio’s private and public employers.

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03/29/2017

Statement from NAHB Chairman Granger MacDonald on President Trump's Executive Order on the Clean Power Plan

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, today issued a statement regarding President Trump's new executive order on the Clean Power Plan rule.

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03/28/2017

Trump Issues Executive Order to Roll Back Clean Power Plan Rule

President Trump today signed an executive order directing the Environmental Protection Agency to rework the controversial Clean Power Plan rule, which requires states to reduce carbon dioxide emissions from power plants located within their borders.

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03/23/2017

New Home Sales Rise 6.1 Percent in February

Sales of newly built, single-family homes continued to expand, rising 6.1 percent in February to a seasonally adjusted annual rate of 592,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

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03/23/2017

Statement from NAHB Chairman Granger MacDonald on House Passage of Association Health Plan Legislation

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued the following statement on House passage of association health plan legislation:

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03/22/2017

House Approves NAHB-Supported Association Health Plan Bill

The House today approved the Small Business Health Fairness Act (H.R. 1101), association health plan legislation that would put small businesses on an equal footing with large employers and unions when it comes to negotiating lower insurance costs.

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03/16/2017

Single-Family Housing Starts Reach Highest Level since Late 2007

NAHB

Single-family production increased 6.5 percent to 872,000 units -- its highest reading in nearly a decade -- while multifamily starts fell 3.7 percent to 416,000 units.

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03/16/2017

Home builder sentiment roars to a 12-year high as regulations get rolled back

MarketWatch

The National Association of Home Builders’ closely-watched confidence index surged 6 points to 71, the highest level since June 2005. The index jumped sharply to a fresh cycle high in the month after the election, but then retreated slightly. Economists had forecast a 1-point increase to 66 in March.

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03/16/2017

Why All the Cool Kids Love Columbus, Ohio

National Geographic

If you think Ohio's a flyover state, its hip capital city might change your mind. Find out what makes Columbus a city to watch—and visit.

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03/15/2017

Builder Confidence Hits 12-Year High

Builder confidence in the market for newly-built single-family homes jumped six points to a level of 71 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This is the highest reading since June 2005.

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03/14/2017

The Housing Crisis Is a Building Crisis

Construction industry productivity in the U.S. is lower today than it was in 1968—and it won’t pick up unless it can embrace modernization.

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03/05/2017

WOTUS: What’s Next

Now that President Trump has ordered an extensive review of the “waters of the United States (WOTUS)” definitions in the Clean Water Act, many NAHB members have questions about how this executive order changes the stormwater and wetlands permitting processes they have been following all along – and what the next steps are.

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BIA MISSION STATEMENT

As leaders in the housing industry, we are dedicated to protecting the industry while promoting ethical business practices and standards. We support our community and our members through professional development, legislative outreach, industry promotion and charitable efforts.