Total housing starts declined 0.9 percent in May to a seasonally adjusted annual rate of 1.27 million units from an upwardly revised reading in April, according to a report from the U.S. Housing and Urban Development and Commerce Department.
M/I Homes opens new Grandview Yard development
Builder confidence in the market for newly built single-family homes fell two points to 64 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
The public-service legacy of Clyde “Butch” Seidle was memorialized in the renaming of the former Hilliard East Municipal Pool on June 7. A renaming ceremony was held at the Clyde “Butch” Seidle Community Pool, 4450 Schirtzinger Road.
Columbus trying a pilot program to alert communities about rezoning requests
Columbus Business first: Economic Development Issue: Construction firms look far and wide to find employees
Columbus MSA has 0.69 times as many construction and extraction jobs as would be expected compared to national averages.
The National Association of Home Builders (NAHB) rolled new resources, "Opioids in the Home Building Industry: Making it Your Business," to help residential construction companies address the opioid crisis facing the home building industry.
Dispatch: Tax credits awarded 7 to affordable housing projects in Franklin County
As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, builders are urging Congress to address America's housing affordability challenges.
Delaware County officials plan 2,000-acre business park
The National Association of Home Builders (NAHB) today called on Congress to focus on improving the older homes, structures and infrastructure that are less resilient to natural disasters because they were built when there were no national model codes in existence or constructed following codes that are now outdated.
Sales of newly built, single-family homes fell 6.7 percent to a seasonally adjusted annual rate of 673,000 units in April after a sharp upwardly revised March report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Less expensive homes are averaging 43 days on the market.
Confidence in the market for new multifamily housing weakened in the first quarter of 2019, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).
In an age of student debt, many young professionals are turning away from college. That’s where association credentialing and certificate programs come in.
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., issued a statement after the White House announced the U.S. would remove tariffs on steel and aluminum imports from Canada and Mexico.
Total housing starts rose 5.7 percent in April to a seasonally adjusted annual rate of 1.24 million units from an upwardly revised reading in March, according to a report from the U.S. Housing and Urban Development and Commerce Department.
Trump’s trade war with China doesn’t bode well for an already shaky U.S. housing market
Lower home prices, declining mortgage rates and solid income gains contributed to a rise in housing affordability in the first quarter of 2019, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today.
As the housing industry celebrates New Homes Month in April, recent data from the American Housing Survey (AHS) confirms nearly two-thirds of first-time home buyers say a better home is the top reason for moving, followed by household formation, 61 percent and a better neighborhood, 49 percent.
Columbus Dispatch: "I absolutely recommend that young people start a career in the Trades."
Ohio schools would get a 10.5 percent funding increase over two years under a new formula devised by a bipartisan pair of House lawmakers and their informal committee of superintendents and treasurers.
The Building Industry of Central Ohio (BIA) today commended a bipartisan policy proposal from two Ohio House members and a working group of school superintendents which would seek to remedy Ohio’s system of school funding, which currently sees less than 20 percent of schools funded at appropriate levels.
Three new developments pitched in Westerville
Sales of newly built, single-family homes rose to a seasonally adjusted annual rate of 667,00 units in February after an upwardly revised January report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest sales pace since March 2018.
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., issued a statement after the NAFTA Binational Panel agreed to allow NAHB to file an amicus brief regarding the U.S.-Canada softwood lumber trade dispute.
Typical workers in Delaware, Licking, and Fairfield counties are priced out of the market. Lack of housing and housing regulations have a big part to play in this issue.
HousingWire: Rising sales demand and more inventory will spark action
Total housing starts fell 8.7 percent in February to a seasonally adjusted annual rate of 1.16 million units from an upwardly revised reading in January, according to a report from the U.S. Housing and Urban Development and Commerce Department that was delayed due to the partial government shutdown.
The National Association of Home Builders (NAHB) today commended Senate Banking Committee Chairman Mike Crapo for developing his housing finance reform proposal and believes it will serve as an important marker to move the debate forward in Congress.
Business First: U.S. mortgage rates fell again this week, according to Freddie Mac.
Jon Melchi, executive director of BIA of Central Ohio, weighs in on how "Canal Winchester has effectively affected a housing moratorium."
Delaware County ranks first in Ohio while Adams County, located in the state’s southern tip, ranks last in health outcomes.
Disruptive Demographics: Housing Production & Demographic Reality Are Moving in Different Directions
RCLCO: Demographics of new households are moving in one direction, while housing production is sometimes moving in the opposite direction
Study: Delaware needs more affordable living space
Columbus officials table 1,000-home proposal near Hilliard
Orange Township approves 300-acre mixed-use development
Columbus Dispatch: Chicago developer to create warehouse complex at Columbus Castings site
The key to affordability? Density, density, density: M/I Homes' Bob Schottenstein leading charge to adapt zoning to boost homeownership
If Central Ohio aims to be competitive as an appealing place to live and do business, we must have affordably priced housing available to support residents and one important factor is allowing higher density.
WSJ: Sales drop 6.9%, signaling a weak start to 2019 for housing industry
The January new home sales report from the government indicates an increasing demand for homes sold in an affordable price range.
On the new construction side, a persistent labor shortage, building material price volatility and tariffs, and growing regulatory burdens on issues like zoning and building codes have held back housing production in areas with growing population and employment.
Grandview’s slice of split development will start to rise this year
NWCA: Reed Road project vote delayed again
The Gap will add 600 jobs to its Groveport workforce
CNBC: Currently, women make up 9.1 percent of the U.S. construction workforce, and earn an average 95.7 percent of what their male counterparts make, according to The National Association of Women in Construction.
Full story: Farmstead plan squeaks by Grove City Council
Despite Slow Quarter, Townhouse Construction Expanded in 2018
BIA Trades at the Parade took place Friday, March 8 at Evans Farm to give area career center students a first-hand look at the homebuilding process. Nearly 150 students represented four surrounding trade schools.
Sales of newly built, single-family homes posted a yearly gain of 1.5 percent in 2018, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
The program, which leads to Department of Labor certification in general construction or electrical, plumbing and carpentry, is offered in 10 high schools in the Pikes Peak region, reaching more than
Grove City council OKs Farmstead in close vote
New Albany’s senior-housing developments taking form
Delaware weighs costs, perks of annexing Berlin Township plot
WSJ: Sales increase 3.7%, closing weak year for housing market
The National Association of Home Builders (NAHB) Remodelers inducted Paul Sullivan, CAPS, CGP, CGR, a remodeler from Newton, Mass., into the National Remodeling Hall of Fame for his contributions to the remodeling industry.
BIA Member, Brian Schottenstein, gives positive insight to Columbus's development
Century-old Franklinton church to be razed for affordable housing project
NAHB: According to the Census Bureau’s Housing Vacancy Survey (HVS), the U.S. homeownership rate increased in the last quarter of 2018 and now stands at 64.8%.
Forbes: Two of the most important indicators of home appreciation came out this morning, and they both showed the same thing: home price increases are slowing rapidly. Economists are forecasting continued slowdowns in appreciation, according to polls by Reuters, Zillow, and others.
The former Motel 6 and Knights Inn complex off West Broad Street in Franklinton will become Carol Stewart Village — 100 efficiency apartments in seven one-story buildings designed for 18-to-24-year-olds coming out of the foster care system.
The National Association of Home Builders (NAHB) named the winning products in its seventh annual Best of IBS Awards during the NAHB International Builders' Show® (IBS) in Las Vegas. The awards were presented during a ceremony on the final day of the show.
BIA Member, Wagenbrenner, to transform medical campus to community focused, mixed used development.
Six young building industry professionals were honored this week as "Ones to Watch" at the National Association of Home Builders' (NAHB) International Builders' Show in Las Vegas.
Canal Winchester code changes require more trees -- at developers’ expense
Far West Area Commission rejects 1,000-home development proposal south of Hilliard
Housing starts fell 11.2 percent in December to a seasonally adjusted annual rate of 1.08 million units, according to a report from the U.S. Department of Housing and Urban Development and the Commerce Department that was delayed due to the partial government shutdown.
Members of the National Association of Home Builders (NAHB) elected four senior officers to top leadership positions within the federation during the association's International Builders' Show in Las Vegas.
BIA member, Pulte Homes, opens Nottingham Trace.
HousingWire: Millennials are buying houses. Lots of them.
Greg Ugalde, a Connecticut-based builder and developer with more than 25 years of experience in the home building industry, was elected as the 2019 chairman of the National Association of Home Builders (NAHB) during the association's International Builders' Show in Las Vegas.
To achieve their energy efficiency goals, buyers would most like to have windows and appliances rated ENERGY STAR, efficient lighting (using less energy than traditional bulbs), and insulation higher than required by code.
Over 150 single-family, multifamily, interior design, remodeling, and community projects were honored at the 2018 Best in American Living[tm] Awards (BALA) ceremony held during the 2019 National Association of Home Builders (NAHB) International Builders' Show in Las Vegas.
NAHB Names The Nationals Gold Award Winners Annual Honors Recognize Excellence in New Home Sales, Marketing and Design
The year's most outstanding work in residential real estate sales, marketing and design were honored by the National Association of Home Builders (NAHB) at the National Sales and Marketing Awards gala (known as "The NationalsSM"), one of the building industry's most prestigious events.
Secretary of Housing and Urban Development (HUD) Dr. Ben Carson today discussed how the government and home builders can work together to tackle the nation's affordability crisis in an address to the National Association of Home Builders (NAHB) Board of Directors during its annual meeting in Las Vegas.
he National Association of Home Builders (NAHB) named Minto Communities USA in Tampa, Fla., the Builder of the Year, and that firm's Latitude Margaritaville in Daytona Beach, Fla., the Community of the Year, as part of the 2018 Best of 55+ Housing Awards.
Bayside, a mixed-use coastal resort community in Selbyville, Del., was named the Community of the Year in 2018 Best in American Living[tm] Awards (BALA) by the National Association of Home Builders (NAHB).
Confidence in the market for new multifamily housing weakened slightly in the fourth quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).
While multifamily housing starts in 2018 came very close to the sector's 2015 peak, production levels are expected to moderate somewhat in 2019 and will stabilize in a range that that is considered normal, according to data announced today by National Association of Home Builders (NAHB) at a press conference held during the NAHB International Builders' Show in Las Vegas.
Laundry rooms and energy-saving features such as Energy Star appliances, windows, and whole house certification are among the most wanted home features, according to survey results from the National Association of Home Builders (NAHB) during a press conference at the NAHB International Builders' Show in Las Vegas.
HousingWire: RE/MAX real estate agents say they now have more homes for sale than at any point in the last 10 years, according to the latest housing report.
Anthony Maschmedt of Seattle Named 2018 NAHB Best in Green 'One to Watch' Young Professional of the Year
Anthony Maschmedt, Principal at Seattle-based Dwell Development + Design/Build, was honored today as the Best in Green Young Professional of the Year: One to Watch by the National Association of Home Builders (NAHB). The award was given as part of the association's Best in Green Awards during the NAHB International Builders' Show in Las Vegas.
The National Association of Home Builders (NAHB) today announced the winners of its Best in Green (BIG) Awards at a ceremony during the NAHB International Builders' Show in Las Vegas.
HousingWire: According to a report released Tuesday by BuildFax, a provider of data on property conditions, single-family authorizations have declined year over year for the third consecutive month in January, falling 3.48%.
Spending on residential improvements will continue to grow over the next two years at a gradual pace, according to experts at a press conference hosted by the National Association of Home Builders (NAHB) Remodelers during the International Builders' Show in Las Vegas. Professional remodelers from across the country agreed with the forecast, citing increased consumer confidence and demand.
Community, Development Firms of the Year Named in the 2018 NAHB Multifamily Pillars of the Industry Awards
Parcels at Concourse in Memphis, Tenn., was named Multifamily Community of the Year and Gables Residential, based in Atlanta, was named Multifamily Development Firm of the Year by the National Association of Home Builders (NAHB) as part of the association's Multifamily Pillars of the Industry Awards for 2018.
Business FIrst: Benchmarking Central Ohio: Affordability and youth are advantages against peer cities, but problems persist
Builder confidence in the market for newly built single-family homes rose four points to 62 in February, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today in Las Vegas during the 75th annual International Builders' Show.
The National Association of Home Builders' (NAHB) Leading Suppliers Council, in collaboration with Professional Builder and Professional Remodeler magazines, today unveiled the latest official show homes of the International Builders' Show (IBS): The New American Home® 2019 and The New American Remodel® 2019. IBS attendees and media members can tour the homes Feb. 19-21.
A new feature of the NAHB Housing Portal — a free, interactive, online resource filled with information about the impact of housing — helps illustrate the severity of declining affordability.
‘This Old House’ star Richard Trethewey to appear at Home & Garden Show
A modest increase in interest rates offset a slight decline in home prices to keep housing affordability essentially level in the fourth quarter of 2018 and still hovering at a 10-year low, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today.
Columbus-Franklin County land trust could create true mixed-income neighborhoods by ensuring affordable housing
Most Ohio cities outpaced Columbus last year in home appreciation
Granby Place apartments on Wilson Bridge in Worthington could open by fall
City Notes: Partnerships, planning, tech will guide traffic strategy
BIA Builder Member, Bob Webb Homes, proposed a new development in Grove City.
Greg Ugalde, first vice chairman of the National Association of Home Builders (NAHB) and a builder and developer from Torrington, Conn., attended tonight's State of the Union address and issued a statement regarding President Trump's remarks.
Clean Ohio Trails grant sought for Canal Winchester’s McGill Park
Group wants to force Liberty Township trustees to secure higher insurance bonds
Habitat for Humanity-MidOhio is a Developer and General Contractor accepting bids to determine subcontractors for single-family residential projects in 2019. All bids are due no later than 2:00 PM March 1, 2019.
BIA Executive Director, Jon Melchi, talks about the issue on WOSU Radio
Matt Callahan of PulteGroup has been named the 2019 President of the Building Industry Association of Central Ohio.
NAHB: Sales of newly built, single-family homes rose to a seasonally adjusted annual rate of 657,000 units in November
Farmstead development: Grove City Council not rushing plan toward vote
Make it Right: The problem is this: there are many people out there who think if you don’t go to post-secondary school or you work with your hands, that you’re uneducated.
Dayton Daily News: In Ohio, 88 percent of construction companies are looking to hire more workers in 2019.
NAHB Eye on Housing: The Midwest and the Northeast recorded the lowest gains at 1.44% and 1.38% respectively during this time.
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued a statement regarding the agreement between President Trump and congressional leaders to reopen the federal government.
Find out why smart home technology is no longer solely piquing the interest of early adopters or tech-minded Millennials.
This meeting gives NAHB members an insider's view of our advocacy priorities.
OSHA published to the Federal Register Wednesday its maximum fines for job site violations for 2019, which go into effect for citations beginning January 24, 2019.
NAHBNOW: The closure affects several federal departments, including HUD, Agriculture, Commerce, Justice, Homeland Security, Interior, State, Transportation, and Treasury.
Mixed-use building coming just south of OSU campus.
Dublin, Daimler working on retail, residential development
Columbus Business First: Affordability is slipping away, according to the latest numbers by Columbus Realtors.
WSJ: Decline of 6.4% suggests sluggishness in the housing market may persist into 2019
Columbus Dispatch: Mayors from across the country believe that high housing costs and a lack of well-paying jobs are keeping more people from climbing the social ladder in their cities.
Construction Drive: Skilled labor shortage may find hope in Generation Z, "it looks like the financially prudent, entrepreneurial and hands-on aspects of construction will appeal more to these individuals than their millennial predecessors."
The report cautions that older generations will increasingly need more accessible and supportive housing than is currently available.
NAHB: Buoyed by falling mortgage rates, builder confidence in the market for newly-built single-family homes rose two points to 58 in January on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
The BIA of Central Ohio's Workforce Committee met earlier this week. These stories are important as we look for ways to engage more and more people to look at the trades as a first option.
The pledge is the largest in the company's 44-year history, and comes as Microsoft and other tech giants that have driven the region's economic boom face increasing pressure to help mitigate affordable-housing shortages.
Newswire.com: Award-winning author and strategic foresight consultant Simon J. Anderson will share his research and insights on the future of construction and residential construction products
Study Shows over 1,000 Households Priced Out of Housing Market in Columbus with Each $1,000 Price Increase
Ohio is the third most at risk state in the nation in terms of pricing out home buyers and a $1,000 increase in the cost of a newly-built home pushes 1,335 prospective buyers out of the market in Central Ohio according to a recent study by the National Association of Home Builders (NAHB).
Farmstead plan heads to Grove City Council
Columbus Business First: BIA Executive Director, Jon Melchi, comments on latest NAHB Housing Study as it relates to housing affordability in the Columbus market.
SeeHerWork designs and makes work wear specifically for women, including gloves to fit smaller hands.
Columbus Dispatch: Condos planned for E. Fourth Avenue in Italian Village
Columbus Business First: Columbus Mayor Andrew Ginther has proposed $50 million for affordable housing as part of a $1.03 billion bond package to go before voters.
NAHB Study Shows Nearly 130,000 Households Priced Out of Housing Market with Each $1,000 Price Increase
According to a recent study by the National Association of Home Builders (NAHB), a $1,000 increase in the cost of a median-priced newly-built home pushes 127,560 prospective buyers out of the market.
Columbus Monthly: The regional market continues to grow, with jobs being added and new residents coming to town.
WSJ Opinion: ‘Closed-access cities’ raise the cost of shelter and drive out the middle class.
The once-mighty Columbus Castings foundry buildings are gone, as the owner works with a developer interested in the South Side site.
Columbus Dispatch: Three major subdivisions are in various stages of development in Johnstown by BIA member, Pulte Homes.
WSJ Opinion by Virginia Foxx: Stop Calling It ‘Vocational Training’
A survey conducted by the Associated General Contractors of America predicts construction boom to continue but shows the worker shortage also continuing.
Jon Melchi, executive director of the Building Industry Association of Central Ohio, Op-ed piece on the housing needs and shortfalls in central Ohio.
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued a statement after the Federal Emergency Management Agency (FEMA) declined to issue new flood insurance policies as a result of the partial federal government shutdown
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom builder from LaPlace, La., issued a statement after President Trump signed the First Step Act into law
New plan adds one floor and rooftop terrace to new Hilton tower
Homeport wants to build affordable housing in Franklinton.
Forget a hotel. Skip the Airbnb. Travelers coming to Columbus can now use Stay Alfred.
The Mid-Ohio Regional Planning Commission has proposed more than $21 million in federal funding for projects such as the Olentangy Trail and improvements to Fishinger Road in Upper Arlington.
The National Association of Home Builders (NAHB) today commended the work of Deputy HUD Secretary Pam Patenaude to provide safe, decent and affordable housing for Americans after she announced she was resigning.
Rising housing affordability issues continue to hinder single-family production even as total housing starts increased in November.
Columbus 'not even coming close' to meeting housing needs, report finds, hurting our competitiveness
The Housing Need Assessment report from the Building Industry Association of Central Ohio and the BIA Foundation quantifies the significance of the shortfall by estimating the need for new residential housing based on projected job growth through 2050.
Despite an economy that has fully recovered from the worst recession since the Great Depression, many Ohio communities are lagging.
A new report from the Building Association of Central Ohio is saying Columbus needs to construct at least twice as many new residences despite the current apartment boom.
The December Newsletter includes important dates and beneficial information.
Despite apartment boom, central Ohio should build at least twice as many new residences, study released by BIA finds.
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued a statement on Mark Calabria being nominated as the new director of the Federal Housing Finance Agency (FHFA).
BIA Builder member is pitching a new mixed-use development anchored by a library near Powell.
As demand for housing continues to outpace supply, particularly in the entry-level category, pressure has increased on builders to bump up the pace of construction.
100s of industry professionals including builders, remodelers, building officials, architects, interior designers and more are all invited to EXPO '19.
Reminder if you have registered: The Holiday Lunch & Toy Drive presented by SMC is this Wednesday, December 19.
The National Association of Home Builders (NAHB) Remodelers is honoring Leo Lantz, CAPS, CGP, CGR, GMR, a remodeler from Glen Allen, Va., as the 2018 NAHB Remodeler of the Year.
The Crew would remain in Columbus and use Mapfre Stadium for two years before moving to a new stadium under a proposal to be announced by community leaders Thursday, part of a new ownership plan for the professional soccer franchise.
Nearly three out of four American households believe that the nation is suffering a housing affordability crisis, and a majority of respondents reported this is a problem at their local and state level as well, according to a new nationwide survey conducted on behalf of the National Association of Home Builders (NAHB).
Associated Builders and Contractors used Google’s Waze app as part of its get-out-the-vote efforts for last month’s midterm elections.
The battle between man and bot has a new front: your mortgage.
Sales of newly built, single-family homes fell to a seasonally adjusted annual rate of 544,000 units in October after an upwardly revised September report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
BIA Members Corinthian Homes, POD Design, and American Structurepoint are all working on the project.
The National Association of Home Builders (NAHB) announced the finalists for its 2019 Best of 55+ Housing Awards, the premier design and marketing competition for the 55+ housing industry.
Ohio business, education and union leaders have started a new initiative meant to resolve the challenge of address shortages of skilled tech workers.
Home sales in Central Ohio remain strong even heading into the cold months.
The trend is a sign of an economy that has sharply pushed up home prices but left paychecks growing much more slowly.
Confidence in the multifamily housing market weakened in the third quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).
Growing affordability concerns resulted in builder confidence in the market for newly built single-family homes falling eight points to 60 in November on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Growing company wants to expand downtown headquarters, add 52 jobs.
Comek was recognized by the President and the Association for her outstanding service and commitment to the Ohio homebuilding industry.
Student debt knocks almost $100,000 off the price of home buyers can afford, according to a new Zillow report.
Columbus Mayor Andrew J. Ginther talked Wednesday about turning the city’s land bank into a land trust designed to preserve affordable housing in what is becoming an increasingly expensive market that’s out of reach for many people.
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued a statement after the Federal Housing Administration (FHA) released its annual actuarial report to Congress.
The 45-unit Out of Town complex at Town Street and Mead Alley is a looker on a block in Franklinton that has drastically changed in recent years.
Apartment developers are Slowing construction. That could mean higher rents.
D.R. Horton, Inc. has acquired Westport Homes, a top- five homebuilder by volume in Indianapolis and Fort Wayne, Indiana, and Columbus, Ohio.
Home purchases have a multiplier effect on consumer spending, since they often generate further sales of furniture, appliances, electronics, and marble or granite kitchen counters.
A modest increase in interest rates and home prices kept housing affordability at a 10-year low in the third quarter of 2018, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today.
On October 9, 2018, the Supreme Court of Ohio doubled down on a prior ruling that commercial general liability insurance policies (CGLs) do not cover defective construction.
Rising interest rates and building costs weigh on housing market, home-improvement retailers.
Average hourly earnings for construction workers were $30.21 in October, the Labor Department reported Friday. That represented a 3.9% increase in wages compared to a year ago, the strongest yearly gain since mid-2009.
The caps, which are based on the FHFA’s projections for the overall size of the 2019 multifamily originations market, will be set at $35 billion for each enterprise, the same as the year before.
The National Association of Home Builders' (NAHB) 2018 Multifamily Pillars of the Industry Awards judging is complete, and the panel of 12 industry experts narrowed down the entries to 74 finalists.
The Building Industry Association of Central Ohio (BIA) announced that Evans Farm, Ohio’s only community designed around the principles of new urbanism, will be the site of the 2019 BIA Parade of Homes.
The November/December issue of Building Insider Magazine, featuring Evans Farm, Tremco Barrier Solutions and Distinctive Kitchen and Bath is now online. Follow the link to get detailed news on everything the BIA is working on.
Buyers turning to the Midwest and South for affordable homes, lower cost of living.
The 2019 BIA Parade of Homes will take place July 13 to July 28 and feature 14 homes.
A development expert says small cities and towns can be catalysts for lagging rural counties.
According to the Census Bureau’s Housing Vacancy Survey (HVS), the U.S. homeownership rate was 64.4% in the third quarter of 2018, which is not statistically different from its last quarter reading.
Survey shows that 33 percent of buyers are first-timers, well below traditional 40 percent.
Gains fell below 6% in August as slowdown in housing market becomes more widespread.
The housing market may be slowing down, but Yale economist Robert Shiller says he isn't fearful that a big downturn is ahead.
Nobel Prize winner Robert Shiller: I don't expect a sharp turn in the housing market.
Please help us with your referrals thru November 30th for NEW Primary BIA members & they will get their $60 initiation fee waived & you receive Spike points with NAHB.
Five nonprofit groups have received $120,000 in grants from the city of Columbus to restore houses while teaching construction skills to at-risk youths and former offenders.
Laurel Green, a $7.2 million development, provides apartments for people with mental health conditions.
First-time home buyers might have a couple of things to cheer about in the final three months of 2018, even as mortgage rates are expected to continue their slow rise.
City officials think Linden is ripe for growth if more people can be persuaded.
Of the roughly 850,000 single-family homes started in 2017, 58.6 percent included patios, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau and partially funded by HUD).
Slumping home sales and rising interest rates are brightening the outlook for apartment and home-rental stocks.
This month's newsletter includes information about unemployment insurance, workers' compensation group rating enrollment deadlines and an educational piece that explains the different responsibilities required of Managed Care Organizations (MCO) and Third party Administrators (TPA).
The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) posted a reading of 58 in the third quarter of 2018, remaining stable from the previous quarter.
Last month, NAHBNow recounted the record share of single-family builders reporting shortages of labor and subcontractors based on a recent survey conducted by the association.
Developers say hundreds have already submitted ideas for the entertainment and sports complex that has been called Planet Oasis.
Led by a drop in multifamily production, total housing starts fell 5.3 percent in September to a seasonally adjusted annual rate of 1.2 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
Builder confidence in the market for newly-built single-family homes rose one point to 68 in October on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Builder confidence levels have held in the high 60s since June.
BIA member M/I Homes plans to build 79 homes in Grandview Yard, the Columbus company’s first urban-style development in central Ohio.
It’s 9 a.m. on Richcreek Road, and two white vans have pulled up alongside a chain-link fence where a duplex is being built.
The October issue of Building Insider Magazine, featuring the 2018 BIA Parade of Homes at Eversole Run in Jerome Village and the Preview Party is now online.
The 2020 BIA Parade of Homes Site Selection Committee is beginning the process of accepting Parade of Homes site proposals.
The former first lady's townhouse is going on the market for nearly $20 million.
Theres only 144 Days until IBS in January. Don't wait, sign up today and receive a free expo pass.
Opendoor offers its service of buying and selling houses exclusively online in 19 markets and plans to expand faster than originally planned.
When New Albany officials first pitched the idea of an international business park to representatives from Discover Financial Services, much was left to the imagination.
The apartment complex, developed by Schottenstein Real Estate Group, offers 252 apartments in one-, two- and three-bedroom layouts, along with two- and three-bedroom townhomes with garages. Rents range from $900 to $1,800.
Sales of newly built, single-family homes rose 3.5 percent in August to a seasonally adjusted annual rate of 629,000 units after downwardly revised June and July reports, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Epcon Communities will move forward with plans for a primarily empty-nester development known as the Courtyards at Carr Farms.
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued a statement on the American Housing and Economic Mobility Act, legislation introduced today by Sen. Elizabeth Warren (D-Mass.).
Forget cities such as Las Vegas, Seattle and San Francisco. The most popular neighborhoods for homebuyers are in the burbs, according to Realtor.com’s annual list of hottest ZIP codes in the U.S.
Home-price growth has begun to taper, as interest rates have risen and inventory in some markets has been growing.
Homebuilder constraints predicted to move home sales below 2018's level.
Central Ohio home prices continued to climb as the hot summer buying season capped off in August.
Central Ohio home sales fell again in August, providing another sign that the housing market might be tempering.
Join Home Savings Bank for their Grand Opening on October 11. RSVP no later than October 1.
New offerings include Alexa-enabled chip that manufacturers can install to control basic appliances.
Final touches are being put on an eight-building apartment complex in Franklinton, the first of what is expected to be several large new projects in the Downtown neighborhood west of the Scioto River.
The Skilled Labor Fund, through the National Housing Endowment, the philanthropic arm of the National Association of Home Builders (NAHB), provided over $57,000 to address the shortage of skilled labor entering the residential construction market.
Skip Weiler, President of Robert Weiler Company, discusses the Hilliard-area development.
Total housing starts increased 9.2 percent in August to a seasonally adjusted annual rate of 1.28 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
If you’re affected by a hurricane, flood or another natural disaster, what does it mean for your mortgage? Whether you’re hit by Hurricane Florence or another disaster, this is especially important for homeowners. Here are frequently asked questions and answers.
Calling all Associate members: You could win a day on the course with a prospective or current client on October 1.
Derived from a monthly survey that NAHB has been conducting for 30 years, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as "good," "fair" or "poor."
Grandview’s developer, Nationwide Realty Investors, is seeking to extend Grandview Yard south of Goodale Boulevard on 14 acres that once held W.W. Williams.
The BIA Professional Women in Building (PWB) Council is collecting your donations for the next Builders Boneyard.
A spine of problematic railroad tracks cuts through the center of Orange Township. And growth is forcing a mix of public-private solutions to alleviate road dangers and traffic backups.
Residential construction goods input prices declined, on average, in August as large monthly increases and decreases offset each other, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics.
If you think a lot of apartments are being built now in central Ohio, consider this: If Amazon picks Columbus for its second headquarters, the area will need more — a lot more
Women remain underrepresented in the construction industry, although they currently make up almost half (47 percent) of the total working population.
The Buckeye Lake waterfront is starting to transform from a construction site to a 4.1-mile scenic shoreline for public use as the four-year project to build a new dam nears completion.
At 10 am today bidding for the Builder Auction Golf Outing will be live. Be sure to click the link in the article to register. You could win a day on the course with a perspective or current client.
After writing about homes and real estate for almost a decade, this is Jim Weiker's last On The House column.
Webb built his first home in 1960 — a 1,300-square-foot, two-bedroom ranch on Elmore Avenue in North Linden — that sold for $16,000.
Special Registration Discounts Offered Through September
Home-price growth slowed in June for the third straight month, welcome news for buyers.
The $75/person tickets are now available and include pre-opening entrance to the Parade, food, adult beverages, soft drinks and parking. Tickets can be purchased at BIAparade.com.
Smart Columbus is offering $175,000 to builders of apartments and condominiums in central Ohio to install electric-vehicle charging stations.
Sales of newly built, single-family homes inched down 1.7 percent in July to a seasonally adjusted annual rate of 627,000 units after an upwardly revised June report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. On a year-to-date basis, sales are up 7.2 percent from this time last year.
Sales of previously owned homes in July continued their longest downward slide in five years, as rising home prices and higher mortgage rates price more potential buyers out of the market.
The elevated rental share of multifamily construction is holding typical apartment size below levels seen during the pre-recession period.
July offered a bit of good news for Central Ohioans – or wannabe Central Ohioans – looking to buy a home.
America is a land of opportunity, and nowhere is that more apparent than in the construction industry. It’s the classic American story: someone can start on the ground floor (literally) and work their way into a highly technical profession (or management, or entrepreneurship, or all the above).
The number of single-family homes built-for-rent increased over the last four quarters.
The deadline to purchase tickets in advance for the Preview Party is Wednesday, August 29. Tickets will be available the day of the event, Thursday, August 30, at the door for $85.
Confidence in the multifamily housing market edged down in the second quarter of 2018, according to the Multifamily Production Index (MPI) released today by the National Association of Home Builders (NAHB).
Central Ohio home sales and prices climb during July after sharp drops previous two months.
International Builders' Show and Kitchen & Bath Industry Show Extend Co-Location Agreement for Design & Construction Week
The National Association of Home Builders (NAHB) and the National Kitchen & Bath Association (NKBA) today announced an agreement to extend the co-location of the NAHB International Builders' Show® (IBS) and the Kitchen & Bath Industry Show (KBIS), known as Design & Construction Week® (DCW). The new six-year agreement will begin in 2020 and will run through the 2026 shows.
Affluent Americans continue to show confidence in the economy, boosting spending on homes, designer clothing and other luxury products
Tickets for this exclusive first look at this year's BIA Parade of Homes are now on sale! The event takes place Thursday, August 30 from 6:00 - 10:00 p.m.
BIA Sales and Marketing Council is having a free networking lunch & 3 Pillar Homes Tour event. This event is open to all BIA, SMC members and their guests.
Home sales nationally and locally have slowed this summer. In central Ohio, they dropped significantly in May and June compared with the same months last year.
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.
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).
Borrowing has continued at a brisk pace for auto loans and mortgages, as delinquencies remain low.
Redfin stock dives after top exec says sudden downfall is expected to continue in August and September
The lonely buildings just west of the Scioto River, on the western edge of Delaware County, should be buzzing with energy.
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.
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.
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.
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.
A perfect thank-you for your clients and employees, discounted general admission tickets to the Parade of Homes are now on sale.
A perfect thank-you for your clients and employees, half-price general admission "VIP" tickets to the Parade of Homes are now on sale. BIA Members and REALTORS can purchase these VIP tickets online or at the Parade of Homes Ticket Booth during the event with proper identification.
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.
Prior to each policy year the Ohio Bureau of Workers’ Compensation (BWC) establishes your estimated premium based on the most recent payroll that was reported to BWC.
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.
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.
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.
The National Association of Home Builders' national sales and marketing awards program--is open for entries.
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.
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.
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.
Movin’ ain’t easy, especially for today’s young adults trying to get into a place of their own.
Decks are getting decked out. With shades that sound like summer cocktails — Havana gold or tiki torch, anyone?
Ohio Concrete is hosting a free webinar on July 24th to address exterior concrete scaling issues in Ohio.
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.
The count of unfilled jobs in the construction sector was flat in May, remaining near post-Great Recession high levels.
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.
Effective Aug. 1, 2018, all new residential construction must have a sub-slab depressurization system (passive) installed
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.
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.
A major sports-and-entertainment tourist attraction is coming to Delaware County, designed to draw visitors from a multi-state region.
The BIA Parade is so important to our community that central Ohio’s top media sources love partnering with us. Thus, in addition to the BIA Parade of Homes Planbook and Event Guide, two other special advertising sections are in development, both featuring special advertising rates for BIA members, as well as editorial coverage of the Parade of Homes.
For the year to date, sales are 8.8% higher than the same period in 2017
The July/August issue of Building Insider Magazine, featuring Weaver Custom Homes, America's Floor Source, and Big Sandy Superstore Kitchens. Inspired. is now online. Follow the link to get detailed news on everything the BIA is working on.
Dublin residents will be able to offer feedback about the final development plan for the first phase of Riverside Crossing Park during an open house scheduled from 6 to 7:30 p.m. July 11 in the Dublin Community Recreation Center, 5600 Post Rd.
New homes and businesses constructed in Powell will be required to mitigate a cancer-causing gas that’s prevalent in Ohio.
After seesawing at around a 50–year low in recent years, the first three months of this year offered a glimmer of hope that the U.S. homeownership rate is ready to break out.
Genoa Township is preparing for a new community designed for empty-nesters.
Residents who previously were opposed to plans for a second hotel and mixed-use project along West Lane Avenue and into the College Hill neighborhood are waiting for the results of a traffic-impact study to determine if they’ll challenge the proposal on the November ballot.
JUNE! With the year almost half over, it seems as though much has already happened to make this an exciting year of changes. Please take notice of the approaching deadlines for June and July; highlighting the 2017 True-Up process beginning July 1, and the new premium installment due dates listed on your payment schedule.
Designers often talk about the perfect “outdoor living room,” but what really separates these outdoor-entertaining spaces from just a nice patio?
Sales of newly built, single-family homes rose 6.7 percent in May to a seasonally adjusted annual rate of 689,000 units after a downwardly revised April report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued a statement on House passage of the farm bill.
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued a following statement after the NAHB leadership met today with Commerce Secretary Wilbur Ross to discuss the growing problem of escalating lumber prices that are being exacerbated by tariffs on Canadian lumber imports into the U.S.
Total housing starts rose 5 percent in May to a seasonally adjusted annual rate of 1.35 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
International Builders’ Show Nearly One-Third of Multifamily Development Costs Stem From Regulations
Regulation imposed by all levels of government accounts for an average of more than 32% of multifamily development costs, according to new research released today by NAHB and the National Multifamily Housing Council (NMHC).
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom builder from LaPlace, La., today issued a statement regarding the Trump administration's finalized rule promoting association health plans.
"LIXIL America's support will further the efforts of the Skilled Labor Fund to tackle the skilled trades deficit that is stalling residential projects nationwide," said Ted Mahoney, a member of the Fund's Operating Committee and Chairman-Elect of the Endowment.
At the behest of NAHB, 171 members of Congress this week sent a joint letter to the Trump administration calling on the U.S. to resume talks with Canada to negotiate a new softwood lumber trade agreement.
Strong wage growth more than offset an increase in mortgage interest rates to boost nationwide housing affordability in the first quarter of 2018, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today.
Monica Miller of J.S. Brown & Co. has won Silver in the 2015 Professional Remodeler Design Award contest for a bath project in the Bathroom $30,000-60,000 category.
Mary Shipley Interiors has been voted by the Houzz community as a winner of the 2015 Best of Houzz - Design award.
A smashing success is the best way to describe the BIA Clay Target Shoot held on May 1. The sounds of gunshots could be heard echoing throughout the nationally acclaimed Cardinal Shooting Center.
Twenty BIA builders saw a surge in traffic when our 13th annual Home and CondoQuest took place during the weekends of April 18-19 and April 25-26.
The BIA’s marketing and sales superstars obtained recognition for their achievements at the 28th annual Marketing and Merchandising Excellence (MAME) gala, held May 8.
On March 28 the Blendon Gardens team, led by Patrick Affourtit, braved cold temperatures to take part in KickButt Columbus 2015.
Rockford Homes has promoted company veteran, Donald R. Wick, to the position of president.
Residential Designed Solutions, Inc. has been named by the National Association of the Remodeling Industry (NARI) as the 2015 Regional CotY...
NJW Construction, Inc. has been selected for the 2015 Best of Lancaster Award in the Bathroom and Kitchen Remodeling category.
On October 15, KP Designs & Associates LLC won Columbus CEO Magazine’s 2014 Best Interior Design Firm in Columbus award.
Donate the building materials and products that you don’t need, take a tax deduction — and help the charitable organization that will be providing volunteers for the BIA at this year’s Parade of Homes.
LEF Architects, LLC of Pickerington, Ohio, has been awarded “Best Of Houzz” by Houzz, the leading platform for home remodeling and design.
Ralph Renninger of RE/MAX Premier Choice was recently named the Number #2 Realtor in central Ohio by ThisWeek Community News readers.
Residential Designed Solutions, Inc. was recently honored with the 2013 ACE Award presented by the National Association of the Remodeling Industry (NARI) of Central Ohio.
DuPont Building Innovations launched DuPont™ Tyvek® ThermaWrap™ R5.0, a building wrap that acts as a breathable air and water barrier, while providing continuous exterior insulation.
Worly Plumbing Supply Chairman and CEO Jay Worly recently announced the appointment of Jeff Worly as President and COO of Worly Plumbing Supply.
John Holt of New England Homes recently created an innovative program to help youth at the Ohio Department of Youth Services' Scioto Juvenile Correctional Facility learn construction trades.
Congratulations to Ann Misiolek of Parksite, one of the BIA's most involved associate members and vice chair of the Associates Council, for recently achieving both her Certified Graduate Associate (CGA) designation and Green Professional Educational (CGP) designation.
On June 1 the new law firm, Isaac Wiles Burkholder & Teeter, LLC, was created with the merger of two long-time Columbus law firms, Isaac Brant Ledman & Teeter LLP and Wiles Boyle Burkholder & Bringardner Co LPA.
The Cleary Company marked the completion of an expansive office and design center remodeling project with an open house designed to build and strengthen relationships with their clients.
Residential Designed Solutions, Inc., a design firm that specializes in custom homes and renovations, has added K. Hylas Stemen to their staff as lead designer.
George B. Cleary, owner of The Cleary Company, recently received a President's Letter of Recognition from the 130th General Assembly of Ohio that honored him and his company.
Organized Home Remodeling a licensed Design/Build remodeling company was named a 2012 Consumers Choice Award Winner in the Closet Organizers - Custom Built category.
Dec. 7, 2012
America's Floor Source, one of the nation's largest flooring companies, recently opened its seventh Midwest showroom in Cleveland, Ohio.