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.

07/20/2017

Remodeling Market Indicator Remains in Positive Territory

The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) posted a reading of 55 in the second quarter of 2017, down three points from the first quarter of 2017.

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07/19/2017

Single-Family Housing Starts Bounce Back in June

Nationwide housing starts rose 8.3 percent in June 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.

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07/18/2017

Builder Confidence Slips Two Points in July, Remains Solid

Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

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07/11/2017

Texas Developer Joins Federal Home Loan Bank of Dallas Board

The Federal Home Loan Bank of Dallas (FHLB Dallas) announced the election of G. Granger MacDonald to FHLB Dallas' Board of Directors (Board). Mr. MacDonald was elected by the Board to fill an independent director seat that was vacated in April.

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07/11/2017

Might As Well Sell

Americans thinking now was a good time to sell their home hit a record high with 39%.

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07/06/2017

Home Buying a Strong Boost to Overall Economy, NAHB Study Shows

A new consumer spending analysis from the National Association of Home Builders (NAHB) highlights another reason why home building helps drive a healthy economy: In their first year of ownership, new home buyers spend about $10,601 on appliances, furnishings and home improvement projects - 2.6 times as much as other home owners in a typical year.

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07/05/2017

NAHB Log and Timber Homes Council Kicks off Month-Long Celebration of the Log Home Lifestyle

Members of the National Association of Home Builders' (NAHB) Log and Timber Homes Council (LTHC) are celebrating National Log Home Open House Month in July for the sixth consecutive year.

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06/27/2017

New Home Sales Rise 2.9 Percent in May

Sales of newly built, single-family homes in May rose 2.9 percent to a seasonally adjusted annual rate of 610,000 units after an upwardly revised April reading.

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06/16/2017

Multifamily Decline Brings Overall Housing Starts Down 5.5 Percent in May

Led by a decline in multifamily production, nationwide housing starts fell 5.5 percent in May to a seasonally adjusted annual rate of 1.09 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Multifamily starts fell 9.7 percent to a seasonally adjusted annual rate of 289,000 units while single-family production edged down 3.9 percent to 794,000.

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06/16/2017

Rep. Westerman's Forestry Bill a "Win-Win-Win," Builders Tell Congress

A draft legislative proposal by Rep. Bruce Westerman (R-Ark.) would encourage better management of the nation's federal forest natural resources while also ensuring the continued recovery of the housing industry, the National Association of Home Builders (NAHB) told Congress today.

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06/16/2017

Builder Confidence Remains Solid in June

"Builder confidence levels have remained consistently sound this year, reflecting the ongoing gradual recovery of the housing market," said NAHB Chairman Granger MacDonald, a home builder and developer from Kerrville, Texas.

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06/16/2017

More Than 800 Builders Discuss Housing Issues in Hill Visits

More than 800 builders from across the nation marched on Capitol Hill today for the annual National Association of Home Builders (NAHB) Legislative Conference to call on Congress to make housing and homeownership a national priority and to support policies that will keep the housing recovery moving forward.

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06/09/2017

Statement from NAHB Chairman Granger MacDonald on DOL Rescinding Joint Employer, Independent Contractor Guidance

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued a statement regarding the Department of Labor's decision to rescind two Obama-era guidance documents that redefined joint employer and independent contractor status.

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06/09/2017

Homeownership Remains Key Part of American Dream; Obstacles Persist for Many

As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, more than two-thirds of Americans believe that owning a home is an essential part of the American Dream.

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06/05/2017

Statement from NAHB Chairman Granger MacDonald Regarding U.S. Forest Management

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued a statement regarding today's speech on U.S. forest management by Agriculture Secretary Sonny Perdue and Interior Secretary Ryan Zinke.

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05/23/2017

New Home Sales Slip in April After Strong Start to Year

Sales of newly built, single-family homes in April dropped for the first time in 2017, falling 11.4 percent to a seasonally adjusted annual rate of 569,000 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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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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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.