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.

04/17/2017

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.

Read full post »
04/16/2017

2017 CareWorksComp Workers’ Compensation and Safety Seminars

CareWorksComp seminars will take place from 8:30 a.m. – 12:30 p.m. Our panel of experts will discuss: rates, hearings, claims management, safety, unemployment compensation, absence management and vocational rehabilitation. These seminars and the video/webinar fulfills BWC’s two-hour safety training requirement for group and group retrospective employers. The fee is $45 and includes a continental breakfast.

Read full post »
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.

Read full post »
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.

Read full post »
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.

Read full post »
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.

Read full post »
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.

Read full post »
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:

Read full post »
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.

Read full post »
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.

Read full post »
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.

Read full post »
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.

Read full post »
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.

Read full post »
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.

Read full post »
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.

Read full post »
03/05/2017

Trump to NAHB Chairman: ‘We’re Going to Make Home Building Great Again’

NAHB Chairman Granger MacDonald had an important message for President Trump on Tuesday. And Trump had a very positive message for home builders.

Read full post »
02/24/2017

New Home Sales Start Year on a Positive Note

Sales of newly built, single-family homes rose 3.7 percent in January to a seasonally adjusted annual rate of 555,000 units...

Read full post »
02/23/2017

Over $1 Billion in New Development Proposed in Downtown Columbus

Columbus Underground

The Downtown real estate market shows few signs of slowing down, according to the latest report from the Capital Crossroads Special Improvement District. Even though $116 million in new development projects were completed in 2016, there’s a collective $734 million still under construction at this moment, and another $1 billion in development still in the pipeline.

Read full post »
02/23/2017

Apartment and Condominium Market Keeps Momentum Going in Fourth Quarter

The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), posted a gain of two points to 55 in the fourth quarter. The MPI has been at 50 or above for five straight years.

Read full post »
02/17/2017

NAHB Congratulates Scott Pruitt on his Confirmation as EPA Administrator

"NAHB congratulates Scott Pruitt on being confirmed as the nation's next EPA Administrator. Pruitt understands the need for a commonsense regulatory process that is based on sound science...

Read full post »
02/16/2017

Housing Production in January Levels Off After Multifamily Surge

Housing starts returned to trend, dropping 2.6 percent to a seasonally adjusted annual rate of 1.246 million units. Multifamily production fell 10.2 percent to 423,000 units after an unusually high December 2016 reading, whereas single-family starts ticked up 1.9 percent to 823,000 units.

Read full post »
02/16/2017

Housing Affordability Remains Favorable Even as it Hits an Eight-Year Low

Shortages of buildable lots and skilled labor, along with excessive regulations, rising mortgage interest rates and ongoing home price appreciation pushed housing affordability in the fourth quarter of 2016 to its lowest point since the third quarter of 2008.

Read full post »
02/14/2017

New homes too pricey, too distant for many in central Ohio

The Columbus Dispatch

Rising costs and changing demand have left homebuilders struggling to capitalize on the biggest housing market that central Ohio has ever seen.

Read full post »
02/14/2017

Statement from NAHB Chairman Granger MacDonald on Steven Mnuchin's Confirmation as Treasury Secretary

"NAHB congratulates Steven Mnuchin on becoming the nation's 77th Treasury secretary. Secretary Mnuchin understands that reform of Dodd-Frank financial regulation is key to returning the American economy to full strength...

Read full post »
02/13/2017

Habitat for Humanity-MidOhio Requesting Bids from Subcontractors

Habitat for Humanity-MidOhio is a Developer and General Contractor accepting bids to determine Complete Foundation, Concrete Flatwork, HVAC, Electrical, Plumbing, Drywall and Roofing subcontractors for single family residential projects in 2017.

Read full post »
02/13/2017

BIA CondoQuest offers numerous options for condo buyers

The BIA of Central Ohio announced today its CondoQuest will take place April 22-23 and 29-30, noon to 5 p.m. and on April 21 from 5 to 8 p.m. The free open house event gives prospective buyers the chance to scope out the area’s best selection of new condos in neighborhoods all across central Ohio.

Read full post »
02/06/2017

Regulatory and Supply-Side Challenges Inhibit More Robust Housing Growth

WASHINGTON, Feb. 6 - Although employment and home price levels have returned to or exceeded normal levels of activity, new-home construction during the fourth quarter of 2016 remained tepid in many markets due to regulatory and supply-side constraints, according to the National Association of Home Builders/First American Leading Markets Index (LMI) released today.

Read full post »
02/02/2017

Easton developers strike deal to help grow Linden area

10TV.com

The shopping and dining center that attracts visitors from all over Central Ohio is growing again. The Easton Town Center's lead developer, Georgetown Co., is drawing up plans for its latest project, which will be housing.

Read full post »
02/02/2017

Apartments, hotel, park planned near Battelle

The Columbus Dispatch

New apartments, houses and offices are coming to the Harrison West neighborhood, as a result of a deal struck by nearby research institute Battelle.

Read full post »
01/30/2017

2017 Joint Industry Forecast

BIA members got a glimpse into the future at the 2017 Joint Industry Forecast on January 26. Dr. Ted C. Jones, PhD, Senior Vice President, Chief Economist for Stewart Title Guaranty Company, discussed the impact of the election, our current economy and real estate megatrends.

Read full post »

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.