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.

08/16/2018

Housing Starts Hold Their Ground in July

Total housing starts inched up 0.9 percent in July 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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08/15/2018

Builder Confidence Remains Firm in August

Builder confidence in the market for newly-built single-family homes edged down one point to a solid 67 reading in August on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

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08/15/2018

Household Borrowing Reaches Record $13.3 Trillion as Rising Rates Have Yet to Bite

Borrowing has continued at a brisk pace for auto loans and mortgages, as delinquencies remain low.

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08/10/2018

Housing market has hit a ‘significant slowdown’ in recent weeks, Redfin CEO says

Redfin stock dives after top exec says sudden downfall is expected to continue in August and September

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08/10/2018

Built for a gusher of development, Delaware County wastewater plant takes a trickle

The lonely buildings just west of the Scioto River, on the western edge of Delaware County, should be buzzing with energy.

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08/09/2018

Housing Affordability Hits 10-Year Low in Second Quarter

Rising home prices and interest rates pushed housing affordability to a 10-year low in the second quarter of 2018, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today.

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08/08/2018

West Leads Permits Growth; Northeast, Midwest See Declines

The number of single-family permits issued in the first six months of 2018 was 444,600, a 6.3% increase over where the nation was at the end of June 2017, when permits totaled 418,128.

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08/07/2018

Garbage Dump Gets a ‘Green’ Makeover in Builders’ Show Home

The New American Remodel 2019 will feature something truly unique for the International Builders’ Show — and especially for the desert region of Las Vegas — a lush, green, backyard orchard.

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08/07/2018

Statement from NAHB Chairman Randy Noel on States Receiving Section 404 Permitting Authority

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued a following statement in support of the Trump administration's announcement that clarifies over which waters states can assume Clean Water Act Section 404 permitting authority rather than the federal government.

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07/31/2018

$125 million project: AEP to build data center in Groveport

American Electric Power Co. plans to invest more than $125 million in a new data center on Hamilton Road, a project that aligns with the city of Groveport’s recently passed gateway corridor plan.

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07/30/2018

2018 BIA Golf Classic Golf

Thank you to all who have signed up to register and sponsor for this year's BIA Golf Classic. The event is now sold out!

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07/29/2018

Share of Conventional Mortgages Continues to Rise

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that conventional loans accounted for 74.2% of new home sales in the first quarter of 2018, a 0.4-percentage-point increase over Q1 2018 and the highest share in a decade.

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07/19/2018

Homebuilder sentiment, still high, stalls as tariffs, labor and land drive up costs

U.S homebuilders are heartened by the strong demand and tight supply in today’s housing market, but they still can’t meet that demand as much as they might like.

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07/19/2018

NAHB Supports Trump's Workforce Development Plan; Pledges to Train 50,000 New Workers

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued a statement in support of the White House executive order on workforce development.

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07/19/2018

Call for Entries Now Open for NAHB's Sales and Marketing Awards--'The Nationals'

The National Association of Home Builders' national sales and marketing awards program--is open for entries.

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07/19/2018

Remodeling Confidence Increases Despite Rising Costs

The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) posted a reading of 58 in the second quarter of 2018, up one point from the previous quarter.

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07/19/2018

54 cities in danger of a housing crisis

For most people, the housing crisis of 2008 is still a recent and painful memory of precisely how damaging a housing crisis can be. When housing markets aren’t working, it makes it much harder for people to invest in their future and build a home for their families.

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07/19/2018

Western States Lead Single-family Residential Permits Growth, Northeast Lags

Over the first five months of 2018, the total number of single-family permits issued year-to-date (YTD) nationwide reached 363,327. On a year-over-year basis, this is an 8.0% increase over the May 2017 level of 336,410.

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07/18/2018

2.4 Million Millennial-led Households are Missing

Movin’ ain’t easy, especially for today’s young adults trying to get into a place of their own.

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07/17/2018

Colors of decks explode as people seek to take indoor look outdoors

Decks are getting decked out. With shades that sound like summer cocktails — Havana gold or tiki torch, anyone?

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07/15/2018

On the House: Building own home answer to market blues

Trevor Wiley was tired of the hunt. He was tired of competing against a dozen other buyers and being outbid for homes.

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07/15/2018

Free Webinar by Ohio Concrete

Ohio Concrete is hosting a free webinar on July 24th to address exterior concrete scaling issues in Ohio.

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07/10/2018

Planet Oasis: Excitement in the air for project’s fun, tax dollars

Officials with Delaware County and Berkshire Township say they are excited by plans for a $2 billion, 350-acre entertainment-based development near the interchange of Interstate 71 and U.S. Route 36/state Route 37.

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07/10/2018

Count of Unfilled Construction Jobs Remains Near Cycle High

The count of unfilled jobs in the construction sector was flat in May, remaining near post-Great Recession high levels.

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07/10/2018

Home Affordability Watch, Q1: California Buyers, Keep Dreamin’

Your ability to own a home is affected by where you live. Even people with modest incomes can afford homes in Decatur, Illinois, the metropolitan area with the nation’s most affordable houses.

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07/10/2018

Attention Powell Residential Homebuilders

Effective Aug. 1, 2018, all new residential construction must have a sub-slab depressurization system (passive) installed

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07/03/2018

Groveport Gateway Plans

Developers now have a blueprint to follow as they scout locations along the two main corridors in the city of Groveport: Hamilton and Groveport roads.

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07/03/2018

Delaware City Considering Single Family Proposal

A proposed housing project that has lingered in the development stage since 2008 resurfaced during June 25′s meeting of Delaware City Council, when those working on the plan said they will ask the city to create a New Community Authority.

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07/03/2018

Delaware County Entertainment Complex Plans Announced

A major sports-and-entertainment tourist attraction is coming to Delaware County, designed to draw visitors from a multi-state region.

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07/02/2018

New-home sales rebound in May on hearty demand

For the year to date, sales are 8.8% higher than the same period in 2017

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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.