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.
09/19/2017
Housing Production Holds Steady in August
Nationwide housing starts fell 0.8 percent in August to a seasonally adjusted annual rate of 1.18 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
Read full post »09/15/2017
NAHB Members Celebrate Professional Women in Building Week
Members of the National Association of Home Builders (NAHB) are celebrating Professional Women in Building (PWB) Week Sept. 18 - 22. The goals of PWB Week are to highlight the many contributions women make to the residential construction industry and offer an opportunity for PWB members to share the value of council membership.
Read full post »09/15/2017
Builder Confidence Drops Three Points As Hurricanes Add Uncertainty
Builder confidence in the market for newly-built single-family homes fell three points to a level of 64 in September from a downwardly revised August reading of 67 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Read full post »09/15/2017
NAHB Commends Confirmation of Pamela Patenaude as HUD Deputy Secretary
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued a statement on the Senate confirmation of Pamela Patenaude as deputy secretary of the Department of Housing and Urban Development (HUD).
Read full post »09/13/2017
NAHB Commends Nomination of Brian Montgomery as FHA Commissioner
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued a statement regarding President Trump's nomination of Brian Montgomery to run the Federal Housing Administration (FHA).
Read full post »08/31/2017
NAHB Calls on Stakeholders to Band Together during Rebuilding of Texas Gulf Coast
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued a statement on the need for collaboration among key stakeholders as communities look to rebuild.
Read full post »08/30/2017
NAHB Calls on Administration to Protect Consumers Against Price Gauging as Communities Rebuild
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued a statement on the need for fairly priced building materials as the people of Texas and Louisiana look to rebuild their communities following the devastation of Hurricane Harvey.
Read full post »08/24/2017
Apartment and Condominium Market Bounces Back to Trend in Second Quarter
The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), posted a gain of eight points to 56 in the second quarter.
Read full post »08/16/2017
Statement from NAHB Chairman Granger MacDonald on President Trump's Executive Order Rescinding the FFRMS
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued a statement on President Trump's executive order that effectively rolls back the Federal Flood Risk Management Standard.
Read full post »08/16/2017
Single-family Starts Hold Steady in July After Upward June Revision
Single-family production slipped 0.5 percent in July to a seasonally adjusted annual rate of 856,000 after a strong, upwardly revised June reading.
Read full post »08/15/2017
Housing Affordability Inches Lower in Second Quarter
Rising home prices offset a quarter-point drop in mortgage interest rates to move housing affordability slightly lower in the second quarter of 2017, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today.
Read full post »08/15/2017
Builder Confidence Springs Back with Four-Point August Jump
Builder confidence in the market for newly-built single-family homes rose four points in August to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Read full post »08/10/2017
Statement from NAHB Chairman Granger MacDonald on HUD's Affordable Housing Report
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 the U.S. Department of Housing and Urban Development's new report on the number of rent-burdened families rising to the second-highest level on record.
Read full post »08/10/2017
Housing Market Continues to Make Gains, Though Permits Fail to Keep Pace
In a further sign that the housing sector is continuing to gain momentum, nearly 300 markets nationwide posted an increase in economic and housing activity from the first quarter to the second quarter, according to the National Association of Home Builders/First American Leading Markets Index (LMI) released today.
Read full post »08/02/2017
Call for Entries Now Open for 'The Nationals'--NAHB's National Sales and Marketing Awards
Now in its 37th year, NAHB's national sales and marketing awards program, The Nationals?, is open for entries. The deadline to enter is Oct. 18.
Read full post »08/02/2017
Cantwell-Hatch Bill Would Help Ease Affordable Housing Crisis
The National Association of Home Builders (NAHB) today called on Congress to pass the Affordable Housing Credit Improvements Act of 2017 (S. 548), legislation that would promote the construction of sorely needed rental apartments and help alleviate the nation's affordable housing crisis.
Read full post »08/02/2017
2018 International Builders' Show Registration Opens Special Registration Discounts Offered Through August
The National Association of Home Builders (NAHB) officially opened online registration today for the 2018 NAHB International Builders' Show® (IBS), the largest annual light construction trade show in the world.
Read full post »07/28/2017
New Home Sales Edge Up 0.8 Percent in June
Sales of newly built, single-family homes in June inched up 0.8 percent to a seasonally adjusted annual rate of 610,000 units from a downwardly revised May reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Read full post »07/27/2017
Joint Employer Bill Would Provide Certainty to Business Community
The National Association of Home Builders (NAHB) today commended bipartisan legislation introduced in the House that would help small businesses and boost housing affordability by clarifying under the law what constitutes a joint employer.
Read full post »07/20/2017
NAHB and House Panel Reach Agreement on Flood Insurance Bill
The National Association of Home Builders (NAHB) today reached an agreement with leaders of the House Financial Services Committee to craft a viable, long-term flood insurance reauthorization bill that will keep the National Flood Insurance Program (NFIP) fiscally sound and enable home builders to provide safe and affordable housing to consumers.
Read full post »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.
Read full post »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.
Read full post »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).
Read full post »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.
Read full post »07/11/2017
Might As Well Sell
Americans thinking now was a good time to sell their home hit a record high with 39%.
Read full post »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.
Read full post »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.
Read full post »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.
Read full post »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.
Read full post »
