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.

02/23/2018

Apartment and Condominium Market Ends Fourth Quarter on a Positive Note

The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), posted a gain of seven points to 53 in the fourth quarter of 2017.

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02/22/2018

Statement from NAHB Chairman Randy Noel on IRS Announcement Clarifying Tax Deduction for HELOCs

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued a statement regarding today's IRS announcement clarifying tax deductions taken on home equity loans or home equity lines of credit.

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02/22/2018

BREAKING NEWS: HELOCS Deductible for Capital Improvements, IRS Says

In a victory for NAHB Remodelers, the IRS today issued a letter clarifying changes to home equity loans and lines of credit to confirm that households may take a tax deduction when these loans are used for home improvements.

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02/21/2018

Full List: Where To Invest In Housing In 2018

20 markets where population, jobs and home prices are growing. A meteoric rise in home values is not guaranteed for every city on this list, but these are the markets where you are most likely to get a decent return on your investment without outsized risk.

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02/20/2018

On The Up & Up

Homebuilding is kicking 2018 off with a bang.

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02/19/2018

Didn’t make it to Net Night?

We'd love your feedback! Answer six quick questions to help us build a better event.

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02/15/2018

Builder Confidence Stays at Strong Level in February

Builder confidence in the market for newly-built single-family homes remained unchanged at a healthy 72 level in February on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

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02/15/2018

Rising Mortgage Rates

Redfin surveyed prospective home buyers to see if mortgage rates over 5% would deter them from looking for a home. Long story short, it wouldn’t.

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02/15/2018

NAHB Commends Trump Infrastructure Plan

The National Association of Home Builders (NAHB) today commended President Trump's $1.5 trillion infrastructure plan to rebuild and revitalize the nation's aging transportation network.

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02/14/2018

Housing Production Makes Healthy Gains to Start New Year

Multifamily starts rose 23.7 percent to a seasonally adjusted annual rate of 449,000 units. Meanwhile, single-family production posted a healthy 3.7 percent gain to 877,000 units.

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02/12/2018

Net Night Wrap Up!

Thank you to all who participated this year! Missed it? Check out the virtual trade show.

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02/09/2018

Home price gains picked up steam at year-end, CoreLogic says

Nationally, prices rose 6.6% for the 12 months ending in December, real-estate data provider CoreLogic said Tuesday. That marked the fourth month in a row in which annual increases were higher than in the prior month.

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02/09/2018

Statement from NAHB Chair Randy Noel on Nationwide Injunction for WOTUS Rule

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued a statement regarding the Feb. 7 motion by NAHB and its coalition partners including farmers, miners and foresters.

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02/01/2018

55+ Housing Market Ends Fourth Quarter on Record High

Builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2017 with a reading of 71, up 12 points from the previous quarter, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released today. This is the highest reading since the inception of the index in 2008.

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02/01/2018

Oh Home, You’re So Smart

As conferences come and go and new 2018 products are released we’re getting our first glimpse at the smart home trends of 2018.

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01/31/2018

2-Year Delay of WOTUS Rule a Much-Needed Step, NAHB Says

The National Association of Home Builders (NAHB) applauds today's announcement by the Environmental Protection Agency mandating a two-year delay of the Obama-era "waters of the United States" (WOTUS) Rule.

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01/31/2018

Homes flew off the market every 30 minutes in Franklin County in 2017

Here's the latest proof that last year was nuts: The Franklin County Auditor's office says an average of 48 single-family homes sold every day last year. That's one every 30 minutes.

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01/31/2018

Statement from NAHB Chairman Randy Noel on President Trump's State of the Union Address

Randy Noel, chairman of the National Association of Home Builders and a custom home builder from LaPlace, La., issued a statement regarding President Trump's State of the Union address.

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01/30/2018

Dean Schwanke Named NAHB Vice President for Multifamily Housing

The National Association of Home Builders (NAHB) today announced the appointment of Dean Schwanke to the position of Vice President, Multifamily Housing.

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01/29/2018

Two Days Left to Pre-Register for Net Night!

Join your fellow BIA members to explore over 90 exhibits. There will be food and beverages. Bring pocket money for the 50/50 raffle! And don’t forget your business cards.

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01/27/2018

What Millennial Home Buyers Want

It’s all about location, location, location – with a dash or two of compromise – as millennials, the nation’s largest demographic group at 90 million strong, is poised to dominate the home buying market.

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01/23/2018

Christy Beck to Serve as 2018 NAHB National Sales and Marketing Council Chair

Seasoned new home sales professional Christy N. Beck, MIRM, CSP, Broker, of Raleigh, N.C. was installed as the 2018 chair of the National Association of Home Builders (NAHB) National Sales and Marketing Council (NSMC) during the International Builders' Show in Orlando, Fla., earlier this month.

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01/22/2018

NAHB Launches New Campaign to Raise Safety Awareness Among Home Builders, Remodelers

The National Association of Home Builders (NAHB) launched Safety 365, a new member and public awareness campaign designed to ensure that building industry professionals have the information and resources to help keep construction workers safe and help minimize accidents, injuries and deaths.

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01/20/2018

BALA Awards Shine Spotlight on Top Design Trends

A remarkable 129 single-family, multifamily, interior design, remodeling and community projects were honored at the 2017 Best in American Living™ Awards (BALA) ceremony held during the NAHB International Builders’ Show in Orlando.

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01/20/2018

How the Government Shutdown Could Affect Housing

The White House and Republican and Democratic congressional leaders failed to reach an agreement to extend government funding on Friday, resulting in a shutdown of certain federal government functions at 12:01 a.m. on Saturday, Jan. 20 that will affect housing and home builders.

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01/18/2018

Remodeling Market Indicators Hit High in Fourth Quarter

The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) posted a reading of 60 in the fourth quarter of 2017, up three points from the previous quarter and only the second time since 2001 the reading has reached 60.

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01/17/2018

Builder Confidence Remains Strong as New Year Starts

Builder confidence in the market for newly-built single-family homes dropped two points to a level of 72 in January on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after reaching an 18-year high in December 2017.

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01/12/2018

2018 NAHB International Builders' Show Draws a Larger, Enthusiastic Crowd

An optimistic home building industry filled the exhibit halls of Orlando's Orange County Convention Center as the National Association of Home Builders (NAHB) hosted one of the largest turnouts in recent years at the NAHB International Builders' Show® (IBS) Jan. 9-11.

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01/12/2018

NAHB Professional Women in Building Council Honors Woman of the Year

The Professional Women in Building (PWB) Council of the National Association of Home Builders (NAHB) has recognized Karen Schroeder, executive vice president and partner of Mayberry Homes in East Lansing, Mich., as NAHB PWB Woman of the Year for her dedication to promoting the efforts of women in building-related fields who contribute to and advocate for the industry.

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01/12/2018

Florida Builder Elected to Leadership of NAHB

John "Chuck" Fowke, a Tampa, Fla.-based custom home builder with 40 years of experience in the home building industry, was elected as the 2018 third vice chairman of the National Association of Home Builders (NAHB) during the association's International Builders' Show in Orlando, Fla.

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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.