News

10/23/2018

Home-Sales Slump Lifts Apartments

Slumping home sales and rising interest rates are brightening the outlook for apartment and home-rental stocks.

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10/22/2018

October Workers' Comp Newsletter

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).

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10/22/2018

Builders Boneyard Drop Off

There is a Builders Boneyard drop off scheduled on November 9 from 9 am - 3pm.

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10/20/2018

Remodeling Confidence Remains Solid in Third Quarter

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.

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10/19/2018

Labor Shortages are Raising Home Prices

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.

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10/19/2018

Planet Oasis renaming contest will end early

Developers say hundreds have already submitted ideas for the entertainment and sports complex that has been called Planet Oasis.

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10/17/2018

Multifamily Decline Pushes Overall Housing Starts Down in September

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.

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10/16/2018

Builder Confidence Rises One Point in October, Remains at Summer Levels

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.

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10/15/2018

Grandview Heights to get 79 new homes

BIA member M/I Homes plans to build 79 homes in Grandview Yard, the Columbus company’s first urban-style development in central Ohio.

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10/15/2018

Why MLS likes Austin: Prosperity fueling teardowns of older homes for new, pricier houses

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.

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10/15/2018

Building Insider October Issue Online

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.

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10/01/2018

Now Accepting 2020 Parade of Homes Site Proposals

The 2020 BIA Parade of Homes Site Selection Committee is beginning the process of accepting Parade of Homes site proposals.

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09/29/2018

The Last Home of Eleanor Roosevelt

The former first lady's townhouse is going on the market for nearly $20 million.

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09/28/2018

Free IBS Expo Pass Available until Sunday, Sept. 30.

Theres only 144 Days until IBS in January. Don't wait, sign up today and receive a free expo pass.

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09/28/2018

SoftBank Invests $400 Million in Home-Selling Startup Opendoor

Opendoor offers its service of buying and selling houses exclusively online in 19 markets and plans to expand faster than originally planned.

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09/28/2018

New Albany development continues to spread east

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.

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09/27/2018

Delaware County intersection sees more development

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.

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09/27/2018

New Home Sales Rise 3.5 Percent in August Even as Affordability Concerns Persist

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.

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09/27/2018

Carr Farms proposal moves forward in Hilliard

Epcon Communities will move forward with plans for a primarily empty-nester development known as the Courtyards at Carr Farms.

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09/26/2018

Statement from NAHB Chairman Randy Noel on Sen. Warren's Housing Bil

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.).

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09/26/2018

Worthington makes top 10 hottest housing markets in the U.S.

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.

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09/26/2018

Home-Price Gains Slow as Rates Have Risen

Home-price growth has begun to taper, as interest rates have risen and inventory in some markets has been growing.

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09/25/2018

Freddie Mac: September forecast indicates affordability continues to weaken growth

Homebuilder constraints predicted to move home sales below 2018's level.

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09/22/2018

A decade after the housing bubble burst, Columbus home prices continue their climb

Central Ohio home prices continued to climb as the hot summer buying season capped off in August.

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09/22/2018

Columbus-area home sales fall again while prices jump

Central Ohio home sales fell again in August, providing another sign that the housing market might be tempering.

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09/21/2018

Columbus Mortgage Office Grand Opening Open House

Join Home Savings Bank for their Grand Opening on October 11. RSVP no later than October 1.

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09/21/2018

Amazon Sells Chip to Run Smart House

New offerings include Alexa-enabled chip that manufacturers can install to control basic appliances.

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09/21/2018

River & Rich ushers in new apartments, retailers to Franklinton

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.

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09/21/2018

The Skilled Labor Fund Announces Contribution for Training

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.

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09/20/2018

Major Avery Road development starts with apartment complex

Skip Weiler, President of Robert Weiler Company, discusses the Hilliard-area development.

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09/19/2018

Housing Starts Rise in August Amid Ongoing Affordability Concerns

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.

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09/19/2018

What to do about your home and mortgage if you’re hit by a disaster

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.

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09/18/2018

Online Builder Bidding Closes Thursday, September 20.

Calling all Associate members: You could win a day on the course with a prospective or current client on October 1.

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09/18/2018

Builder Confidence Remains Firm in September

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."

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09/17/2018

Grandview Yard project could extend south of Goodale Boulevard

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.

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09/16/2018

Builders Boneyard Drop-Off Date

The BIA Professional Women in Building (PWB) Council is collecting your donations for the next Builders Boneyard.

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09/15/2018

Orange Township road projects planned for continued growth

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.

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09/14/2018

Lumber, OSB Prices Retreat in August as Gypsum Reaches New High

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.

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09/14/2018

Apartment-building spree would be needed if Columbus lands HQ2

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

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09/13/2018

Women in Construction

Women remain underrepresented in the construction industry, although they currently make up almost half (47 percent) of the total working population.

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09/13/2018

Buckeye Lake ready for rebirth

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.

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09/12/2018

Builder Auction Golf Outing

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.

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09/10/2018

On the House: Variety of Ohio homes stand out over years

After writing about homes and real estate for almost a decade, this is Jim Weiker's last On The House column.

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09/06/2018

On the House: Builder Bob Webb goes into office daily — even Sunday — at age 86

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.

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09/04/2018

2019 International Builders' Show Registration Now Open

Special Registration Discounts Offered Through September

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08/29/2018

U.S. Home-Price Gains Decelerate

Home-price growth slowed in June for the third straight month, welcome news for buyers.

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08/27/2018

Exclusive 2018 BIA Parade of Homes Preview Party set for Aug. 30

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.

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08/26/2018

Smart Columbus offers cash for builders of apartments, condos to add vehicle-charging stations

Smart Columbus is offering $175,000 to builders of apartments and condominiums in central Ohio to install electric-vehicle charging stations.

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08/25/2018

New Home Sales Edge Down 1.7 Percent in July

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.

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08/25/2018

Home Sales Tumbled In July for the Longest Slump Since 2013

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.

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08/24/2018

Multifamily Built-for-Rent Share Remains Elevated

The elevated rental share of multifamily construction is holding typical apartment size below levels seen during the pre-recession period.

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08/24/2018

Central Ohio posts strong month of home sales in July

July offered a bit of good news for Central Ohioans – or wannabe Central Ohioans – looking to buy a home.

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08/24/2018

Construction Industry Struggles to Find a Skilled Workforce

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).

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08/24/2018

Single-Family Built-for-Rent Housing Expands

The number of single-family homes built-for-rent increased over the last four quarters.

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08/23/2018

Purchase Advanced Preview Party Tickets

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.

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08/23/2018

Multifamily Builder and Developer Confidence Edged Down Slightly in Second Quarter

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).

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08/23/2018

Central Ohio home sales, prices rebound in July

Central Ohio home sales and prices climb during July after sharp drops previous two months.

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08/22/2018

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.

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08/22/2018

Costly Houses See Ready Buyers

Affluent Americans continue to show confidence in the economy, boosting spending on homes, designer clothing and other luxury products

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08/21/2018

Exclusive 2018 BIA Parade of Homes Preview Party set for Aug. 30

The much-anticipated Parade of Homes Preview Party is set for Thursday, August 30 from 6-10 p.m., offering attendees a first look at the Parade homes in a festive evening party atmosphere.

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08/21/2018

Preview Party is a Week Away!

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.

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08/20/2018

SMC Free Networking Lunch & 3 Pillar Home Tour

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.

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08/19/2018

On The House: Home prices won’t continue on current tear

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.

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08/16/2018

Housing Starts Hold Their Ground in July

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.

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08/15/2018

Builder Confidence Remains Firm in August

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).

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08/15/2018

Household Borrowing Reaches Record $13.3 Trillion as Rising Rates Have Yet to Bite

Borrowing has continued at a brisk pace for auto loans and mortgages, as delinquencies remain low.

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08/10/2018

Housing market has hit a ‘significant slowdown’ in recent weeks, Redfin CEO says

Redfin stock dives after top exec says sudden downfall is expected to continue in August and September

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08/10/2018

Built for a gusher of development, Delaware County wastewater plant takes a trickle

The lonely buildings just west of the Scioto River, on the western edge of Delaware County, should be buzzing with energy.

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08/09/2018

Housing Affordability Hits 10-Year Low in Second Quarter

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.

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08/08/2018

West Leads Permits Growth; Northeast, Midwest See Declines

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.

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08/07/2018

Garbage Dump Gets a ‘Green’ Makeover in Builders’ Show Home

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.

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08/07/2018

Statement from NAHB Chairman Randy Noel on States Receiving Section 404 Permitting Authority

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.

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08/02/2018

BIA Preview Party & Parade of Homes Tickets Today!

A perfect thank-you for your clients and employees, discounted general admission tickets to the Parade of Homes are now on sale.

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08/02/2018

Parade of Homes

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.

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07/31/2018

$125 million project: AEP to build data center in Groveport

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.

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07/31/2018

BWC payroll true-up reports are due by August 15

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.

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07/30/2018

2018 BIA Golf Classic Golf

Thank you to all who have signed up to register and sponsor for this year's BIA Golf Classic. The event is now sold out!

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07/29/2018

Share of Conventional Mortgages Continues to Rise

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.

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07/19/2018

Homebuilder sentiment, still high, stalls as tariffs, labor and land drive up costs

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.

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07/19/2018

NAHB Supports Trump's Workforce Development Plan; Pledges to Train 50,000 New Workers

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.

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07/19/2018

Call for Entries Now Open for NAHB's Sales and Marketing Awards--'The Nationals'

The National Association of Home Builders' national sales and marketing awards program--is open for entries.

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07/19/2018

Remodeling Confidence Increases Despite Rising Costs

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.

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07/19/2018

54 cities in danger of a housing crisis

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.

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07/19/2018

Western States Lead Single-family Residential Permits Growth, Northeast Lags

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.

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07/18/2018

2.4 Million Millennial-led Households are Missing

Movin’ ain’t easy, especially for today’s young adults trying to get into a place of their own.

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07/17/2018

Colors of decks explode as people seek to take indoor look outdoors

Decks are getting decked out. With shades that sound like summer cocktails — Havana gold or tiki torch, anyone?

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07/15/2018

On the House: Building own home answer to market blues

Trevor Wiley was tired of the hunt. He was tired of competing against a dozen other buyers and being outbid for homes.

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07/15/2018

Free Webinar by Ohio Concrete

Ohio Concrete is hosting a free webinar on July 24th to address exterior concrete scaling issues in Ohio.

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07/10/2018

Planet Oasis: Excitement in the air for project’s fun, tax dollars

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.

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07/10/2018

Count of Unfilled Construction Jobs Remains Near Cycle High

The count of unfilled jobs in the construction sector was flat in May, remaining near post-Great Recession high levels.

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07/10/2018

Home Affordability Watch, Q1: California Buyers, Keep Dreamin’

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.

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07/10/2018

Attention Powell Residential Homebuilders

Effective Aug. 1, 2018, all new residential construction must have a sub-slab depressurization system (passive) installed

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07/03/2018

Groveport Gateway Plans

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.

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07/03/2018

Delaware City Considering Single Family Proposal

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.

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07/03/2018

Delaware County Entertainment Complex Plans Announced

A major sports-and-entertainment tourist attraction is coming to Delaware County, designed to draw visitors from a multi-state region.

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07/03/2018

More BIA Parade of Homes Advertsting Opportunites

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.

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07/02/2018

New-home sales rebound in May on hearty demand

For the year to date, sales are 8.8% higher than the same period in 2017

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07/02/2018

BIA Parade of Homes - Advertising Opportunities

The Dispatch Media Group is partnering with the BIA to put together two print pieces (the Event Guide and Planbook) that will be distributed to over 740,000 readers throughout our area.

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06/30/2018

Building Insider July/August Issue Online

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.

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06/30/2018

Riverside Crossing Park: Open house to gather input about final phase 1 plan

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.

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06/29/2018

Radon mitigation now mandatory in new builds

New homes and businesses constructed in Powell will be required to mitigate a cancer-causing gas that’s prevalent in Ohio.

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06/28/2018

5 Reasons to be Optimistic About Homeownership

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.

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06/28/2018

Genoa Township: Hawks Nest empty-nesters condo project lands approval

Genoa Township is preparing for a new community designed for empty-nesters.

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06/28/2018

Lane Avenue development: Referendum proponents await traffic study results

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.

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06/28/2018

2018 CareWorksComp Partner Newsletter & Payroll true-up reports

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.

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06/26/2018

Designers apply principles for indoor spaces to ‘outdoor living rooms’

Designers often talk about the perfect “outdoor living room,” but what really separates these outdoor-entertaining spaces from just a nice patio?

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06/25/2018

New Home Sales Rise to Highest Level This Year

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.

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06/22/2018

Statement from NAHB Chairman Randy Noel on House Passage of Farm Bill

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.

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06/21/2018

Merion Village and Weinland Park Make top 6 Hottest Housing Market

BIA Member, Tracy Coe, offers insights into why these two locations are as hot as they are.

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06/20/2018

Builders Discuss Rising Lumber Prices with Commerce Secretary Ross

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.

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06/20/2018

Housing Starts Reach Post-Recession High in May as Permits Soften

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.

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06/20/2018

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).

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06/20/2018

Submit Your Nomination for 2018 BIA Annual Awards and Hall of Fame

The BIA is accepting nominations from members for the 2018 Annual Awards and Hall of Fame inductions.

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06/19/2018

Statement from NAHB Chairman Randy Noel on Rules Pertaining to AHPs

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.

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06/19/2018

LIXIL Americas, Makers of American Standard, Contribute to Skilled Labor Fund

"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.

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06/19/2018

International Builders’ Show More than 170 Lawmakers Take a Stand for Homeownership

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.

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06/19/2018

Vacation Home Markets Have Yet to Rebound From Housing Bust

Homes in vacation markets saw an exaggerated boom and bust over the past decade and have been slower to recover than homes in other markets.

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06/17/2018

More condos coming to Bridge Park in Dublin amid increased demand

BIA member, Crawford Hoying, has submitted plans for Block H, an area bound by John Shields Parkway, Dale Drive, Tuller Ridge Drive and Mooney Street.

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06/16/2018

In May's red-hot housing market, homes sold in record time

The average home sold in May went under contract in just 34 days, according to real estate broker Redfin.

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06/16/2018

Robots: An Answer to Labor Shortages, High Lumber Prices?

While demand for new homes continues to rise, fewer workers are entering the industry as the existing labor forces ages into retirement.

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06/15/2018

Statement from NAHB Chairman Randy Noel on Congressional Lumber Letter

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today commented on a congressional letter signed by 172 members of Congress urging the Trump administration to restart lumber trade talks with Canada.

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06/14/2018

More than 30 Percent of Multifamily Development Cost Attributable to Regulation, According to New Study

Regulation imposed by all levels of government accounts for an average of 32.1 percent of multifamily development costs, according to new research released today by the National Association of Home Builders (NAHB) and the National Multifamily Housing Council (NMHC). In fact, in a quarter of cases, that number can reach as high as 42.6 percent.

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06/14/2018

Average Remodeling Job Costs Nearly $8K

Homeowners who remodel in 2018 will spend an average of $7,893 on each project, according to NAHB’s recent projections of spending by ZIP code for each of over 26,000 ZIP codes across the United States.

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06/13/2018

Epcon plans standalone condos along Riverside Drive

Columbus builder Epcon Communities plans to build 81 standalone condominiums on the east side of Riverside Drive, on land now occupied by four large estates overlooking the Scioto River.

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06/13/2018

Forest Service Pledges Largest Timber Harvest in 20 Years

In a victory for NAHB, Interim Forest Service Chief Victoria Christiansen told Congress yesterday that the Forest Service expects its 2018 timber harvest will be the biggest in 20 years

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06/12/2018

As development goes vertical, will neighborhoods be harmed?

Plans for a six-story hotel and a pair of three-story apartment buildings have made some German Village residents antsy.

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06/12/2018

NAHB Seeks Safe Harbor for Quarterly Filers

NAHB has called on the Internal Revenue Service (IRS) to provide a safe harbor for anxious home builders and other small businesses that pay estimated quarterly taxes but don’t yet know how recent tax reform legislation will be implemented – and thus may underpay.

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06/11/2018

New Democrat Coalition Calls for Building Millions More Housing Units

The New Democrat Coalition, a group of moderate House Democrats, has released a white paper seeking to find a solution to chronic problems facing the housing industry.

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06/10/2018

Donate Building Materials to the Builders Boneyard

The Professional Women in Building (PWB) are accepting items such as building products, appliances, cabinets, plumbing fixtures, lighting, flooring as well as furnishings décor items just to name a few.

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06/09/2018

Hot housing market shows no signs of cooling off, frustrating buyers

New data released shows U.S. home prices have continued their ascent, reinforcing predictions that prospective homebuyers will face an incredibly competitive market this spring and summer.

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06/08/2018

Homes.com asked people to build their perfect home.

The 2018 American dream home consisted of 4 bedrooms, 3 bathrooms, hardwood floors, an open kitchen, and walk-in closets.

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06/08/2018

Madison students leave lasting impression with high school entryway project

This shows what students have learned, and not just in masonry and carpentry. It tested communication, problem-solving skills, geometry, science with the hydration that mount rocks to the wall and more.

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06/07/2018

The housing market is getting more unaffordable

Home prices nationwide jumped 6.9 percent in April from a year ago, according to the latest monthly value report from CoreLogic.

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06/06/2018

Trustees give nod to 35 homes, road connection

Dozens of new homes and a road connection soon will become a reality off Gooding Boulevard in Orange Township.

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06/06/2018

On the House: Suburbs’ original appeal still beckons

The Dispatch recently archived all its content, starting from 1871. For anyone interested in how communities change, the archives are a treasure-trove. What they demonstrate, more than anything, is that when it comes to housing expansion, things haven’t changed much.

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06/05/2018

Affordable-housing initiative spreading to more South Side neighborhoods

Nationwide Children’s Hospital and a nonprofit group plan to expand their affordable-housing program to the nearby Driving Park and Livingston Park neighborhoods, as well as another South Side area.

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06/05/2018

Construction of more new homes could ease inventory crunch

Millennials, Baby Boomers, and investors may all be going after the same affordable inventory of homes

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06/04/2018

Northstar Surfaces Open House

Join Northstar Surfaces on June 14th for an Open House event and be amazed by the wonders of Mother Nature in our large variety of Granite, Marble, and Quartzite slabs.

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06/03/2018

Sales & Marketing Council (SMC) FREE Summer Picnic & Social

Free event open to all BIA members, SMC members, and their guests!

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06/02/2018

Home prices are still on a tear, Case-Shiller says

Winter weather has lingered much longer than usual in much of the country, potentially impacting housing.

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06/01/2018

Homeownership Is Primary Driver of U.S. Household Wealth

As the nation's home builders celebrate National Homeownership Month in June, new research shows a household's primary residence is its largest asset and continues to provide an important building block for long-term financial security.

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06/01/2018

Construction Employment Increased in 256 Metro Areas in April 2018

Construction employment increased in 256 out of 358 metro areas between April 2017 and April 2018, declined in 63 and was unchanged in 39. Some areas of Ohio experienced growth while others saw a decline.

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05/31/2018

Columbus finalizes plan for linking affordable housing to development incentives

A two-year process of studying and revamping Columbus’ development incentives for a dozen key neighborhoods is nearing conclusion, with City Council expected to take up the final recommendations before their August recess.

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05/31/2018

Plan would extend Columbus’ sewer service to Plain City; environmentalists wary

The city of Columbus wants to extend sewer service to Plain City, which is requesting the expansion to plan for suburban growth in the metro area.

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05/31/2018

Builders Say Lumber Tops Labor as Biggest Challenge

The most serious headwind facing housing markets today is the escalation of framing lumber prices — up 59% since the start of 2017.

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05/29/2018

After Residential Makeover, London’s White City Soars

The West London neighborhood is attracting high-end housing and luring creative types who may have formerly flocked to spots in the east of the city

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05/29/2018

Millersport village plans to build new homes to attract families

The Ohio Municipal League has never heard of a municipality building a house; it’s an “outside-the-box” way to approach community improvement.

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05/29/2018

Mechanic teaches at-risk kids about cars, life

Walker, 31, of Clintonville, first found his affinity for all things mechanical while helping his grandfather take apart a lawnmower engine, and then learning how it all worked.

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05/28/2018

1 million more people? Columbus on verge of growth spurt

Columbus and the seven-county metro area are getting bigger, and signs indicate the growth will only accelerate. Columbus already has bumped out Indianapolis to become the second biggest city in the Midwest, and it now is 14th largest in the nation, the latest census estimates show.

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05/28/2018

Construction Worker Wages Are Growing Incredibly Fast

Residential construction worker wages are growing at a 5 percent annual pace, almost double the 2.9 percent pace of wage growth for all workers.

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05/26/2018

Freddie Mac May Outlook: Homebuyers Showing Resiliency Amidst Limited Supply and Affordability Constraints

Swift home-price growth and the ongoing climb in mortgage rates this year have made buying a home more expensive, but home sales are still on track to squeak out a gain in 2018, according to Freddie Mac’s (OTCQB:FMCC) May Outlook.

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05/25/2018

Columbus retains position as 14th-largest city, for now

Columbus had a surge of growth last year to remain the 14th- largest city in the nation, even as faster-growing Fort Worth, Texas, overtook Indianapolis at No. 15 and rode hard on the Ohio capital’s heels.

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05/25/2018

Land, Labor & Lumber: The High Cost Of Affordable Housing

The housing supply in Northern Nevada is far below demand, which has led to a rapid rise in costs. Cities across the country are facing similar challenges, and many are looking for creative solutions to help address the issue.

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05/24/2018

Statement from NAHB Chairman Randy Noel on Signing Banking Bill into Law

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued a statement after President Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) into law.

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05/24/2018

NAHB Commends Confirmation of Brian Montgomery as FHA Commissioner

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., stated the Senate confirmation of Brian Montgomery to run the Federal Housing Administration (FHA).

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05/24/2018

From Housing to Stocks, Rising U.S. Bond Yields Are Being Felt

Rising U.S. government bond yields are rippling through the economy, affecting everything from mortgage rates to stock performance.

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05/23/2018

April New Home Sales Inch Down 1.5 Percent, Stay Close to Post-Recession High

Sales of newly built, single-family homes edged down 1.5 percent in April to a seasonally adjusted annual rate of 662,000 units after a downwardly revised March report, 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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05/22/2018

Epcon plans 105-home community in New Albany

BIA Builder Member, Epcon Communities, is looking to build 105 houses on 35 acres in New Albany.

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05/22/2018

Delaware County growth heading north

As homes and businesses continue their surge into southern Delaware County, plans for growth are creeping into the more northern townships.

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05/21/2018

Rising Prices of Lumber and Steel a ‘Terrible Downward Spiral’

Hefty tariffs on Canadian softwood lumber imports are causing lumber prices to skyrocket and making many home builders pray for a prolonged price plateau.

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05/21/2018

CONTENT is King Educational Program: Canceled

This class will be rescheduled. Stay tuned for a date and time.

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05/20/2018

NFL draft-like event held for vocational grads

The message is clear from the business world and schools: not everyone needs to go to college. As we've reported, this year's college graduates will make an average starting income of just over $50,000, according to consulting group Korn Ferry.

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05/20/2018

Building Industry Association moving offices back to Columbus

BIA has sold its Westerville office building at 495 Executive Campus Dr. in Westerville and has signed a 10-year lease at 445 Hutchinson Ave.

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05/19/2018

Advance your career with a #IBS2019 scholarship!

The NAHB International Builders’ Show® (IBS) is a great opportunity for young building industry professionals to advance their careers. NAHB members 21-35 should apply.

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05/18/2018

Homebuilder sentiment rises in May thanks to strong demand and tight housing supply

Strong demand and a slim supply of affordable, existing homes for sale have the nation's homebuilders feeling better about their business.

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05/17/2018

Lumber Prices Reach U.S. Record on Tight Supply, Trade Tariffs

The National Association of Home Builders, an American industry group, estimates the tariffs will increase the price of an average single-family home built in 2018 by $1,360.

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05/17/2018

Mortgage rates reach seven-year high in a housing market reckoning

Rates for home loans churned even higher, setting up a test of affordability for the housing market.

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05/17/2018

Columbus home prices still well below U.S. average

Central Ohio home prices remain well below the national average, but the gap is closing.

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05/16/2018

Housing Production Drops 3.7 Percent But Remains Near Post-Recession High

Total housing production fell 3.7 percent in April to a seasonally adjusted annual rate of 1.29 million units after an upwardly revised March reading of 1.34 million, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.

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05/15/2018

Builder Confidence Climbs to 70 in May

Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in May after a downwardly revised April reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

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05/15/2018

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 Multifamily Pillars of the Industry Awards competition.

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05/15/2018

How to build a workforce for builders

Construction Careers Pathways is an initiative jointly developed by the Construction Careers Foundation, trade unions, construction companies, high schools, nonprofits, the state of Minnesota, and other strategic partners.

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05/10/2018

Rising Incomes Boost Housing Affordability in First Quarter of 2018

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.

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05/10/2018

Mortgage demand drops 2.5% on the highest rates in nearly 5 years

Both homeowners and homebuyers took a deep breath as rates continued to rise last week, pulling back a bit from the mortgage market.

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05/09/2018

Mortgage rates tick down, giving buyers a break

Rates for home loans pulled back after hitting a four-and-a-half-year high, in a springtime reprieve for home buyers.

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05/08/2018

12 best cities for homebuyer purchasing power

As homebuyers prepare for a competitive house shopping season, certain markets offer more favorable conditions in terms of what buyers can afford to purchase.

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05/08/2018

Unafforadbale housing hurts kids, group says

To afford safe, modest housing in Franklin County, a young mother earning minimum wage would need to work about 84 hours a week.

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05/06/2018

Nuts & Bolts of Mechanics' Lien Law

Mechanics’ Liens and the associated laws of Ohio affect the sale and financing of every aspect of Ohio construction. Mark Decker is experienced and familiar with Ohio’s statutes. Please Register by May 10.

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05/03/2018

Building Insider May/June Issue Online

The May/Junel issue of Building Insider Magazine, featuring NJW Construction, Inc, Riceland Cabinet Corp., and Distinctive Marble & Granite is now online.

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05/01/2018

Remodeling in 2017: Baths Reclaim Top Spot from Kitchens

May is National Home Remodeling Month. Following the tradition established in recent years, the month’s first related post covers the most common types of remodeling projects performed by NAHB Remodelers during the previous calendar year. Results come from a special question on NAHB’s Remodeling Market Index (RMI) survey for the first quarter of 2018.

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05/01/2018

New-home sales roar to a 4-month high in March

New-home sales ran at a 694,000 seasonally adjusted annual rate in February, the Commerce Department said Tuesday.

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04/30/2018

Goodbye renter nation: Americans still want to be homeowners

More Americans became homeowners in the first three months of the year, and the number of renters decreased, pointing to a shift back to ownership in the face of stiff headwinds in the housing market.

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04/29/2018

Help Build the 5th BIA Habitat Home THIS Saturday

Join us Saturday, May 5, as we work on the BIA Habitat home. You can participate individually or with a group from your office. All skill levels are welcome. Work days are from 8:30 am to 4:00 pm. Volunteers need to be age 16 or older.

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04/26/2018

Freddie Mac: Mortgage rates hit highest level since 2013

Mortgage rates shot up this week, reaching their highest point since 2013, according to the latest Primary Mortgage Market Survey from Freddie Mac.

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04/26/2018

The single-family house: An American icon faces an uncertain future

“A man is not a whole and complete man," Walt Whitman claimed in 1856, "unless he owns a house and the ground it stands on.’’ In a little more than a century, the single-family house helped make America something new in the world: a nation of suburban homeowners.

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04/24/2018

New Home Sales Rise 4 Percent in March

Sales of newly built, single-family homes rose 4.0 percent in March to a seasonally adjusted annual rate of 694,000 units after an upwardly revised February report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This the second highest reading since the Great Recession.

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04/24/2018

Central Ohio home prices up on lack of inventory

Scarcity of inventory pushes central Ohio home sales prices up 9.5 percent in March.

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04/24/2018

What's Holding Back New Home Construction? There's No One to Build 'em!

In this blazing-hot housing market of severe home shortages and rapidly rising prices, many buyers around the country have found themselves left shivering in the cold.

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04/24/2018

25 condo-style communities open for shoppers to tour

“There is truly something for everyone,” commented BIA Executive Director Jon Melchi (on BIA CondoQuest) “Downsizing or upsizing, lease or own, the options and amenities available at these properties are countless.”

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04/24/2018

Two NAHB BuilderBooks Titles Win Independent Book Publishers Association Benjamin Franklin Silver Award

Finding Hidden Profits: A Guide for Custom Builders, Remodelers and Architects by Dennis A. Dixon and Living Green Effortlessly: Simple Choices for a Better Home by Marla Esser Cloos have been named Silver Winners of the Independent Book Publishers Association (IBPA) Benjamin Franklin Awards.

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04/22/2018

2018 CareWorksComp Risk Management and Cost Control Seminars & April Newsletter

With many BWC discount program deadlines approaching at the end of May, this is an opportune time to define the different programs; their requirements and program compatibility. If you need any guidance, your CareWorksComp representative can review the savings and viability of these programs.

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04/18/2018

MASCO's KraftMaid Supports Skilled Labor Fund

The National Housing Endowment (NHE), the philanthropic arm of the National Association of Home Builders (NAHB), announced today that MASCO's KraftMaid has donated to the group's Skilled Labor Fund. The Skilled Labor Fund is an industry-wide effort to raise funds to address the shortage of skilled labor entering the residential construction market.

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04/17/2018

Technology could help attract younger generation to construction industry

Some emerging technology construction companies could incorporate on job sites include drones, artificial intelligence, augmented reality/virtual reality, smartphone apps, tablets and wearables.

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04/17/2018

Housing Starts Rise 1.9 Percent on Multifamily Surge

Gains in multifamily production pushed overall housing starts up 1.9 percent in March to a seasonally adjusted annual rate of 1.32 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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04/17/2018

International Builders’ Show Rising Lumber Prices Hit Home

"The simple fact is that U.S. simply does not produce what it consumes, and its economy relies on the rational importation of certain goods. In the case of home building, taxing such goods via a tariff simply drives up the cost of production," said Jack C. "John" Dawley, CEO of Northland Residential Corp.

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04/16/2018

2018-19 BIA Scholarship Application is Due this Friday!

Open to all high school seniors or students currently enrolled in college or post-high school training with a focus on a career in the residential construction industry.

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04/15/2018

Homebuilding Isn’t Keeping Up With Growth, Development Group Says

Arizona, Utah among states that haven’t built enough housing.

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04/15/2018

More Americans now saying it’s a good time to buy a home

Americans are beginning to feel more confident in the housing market as an increased share says now is a good time to buy a home, according to the latest Fannie Mae Home Purchase Sentiment Index.

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04/11/2018

Buyer traffic rising as real-estate agents report concern over mortgage rates, inventory

Just when you thought the housing market couldn’t get any hotter, the prospect of rising mortgage rates had buyers even more frenzied in March, according to a report out Friday.

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04/11/2018

Boomers, Gen Xers less interested in buying a home

As affordability continues to be a growing concern, more segments of the population, especially Baby Boomers and Gen Xers, are showing less interest in buying a home, according to Freddie Mac Multifamily’s Profile of Today’s Renter report.

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04/10/2018

Lumber trade war slaughtering US construction industry

Tariffs on Canadian lumber weighing on US home builders-National Association of Home Builders' Jerry Howard on the impact of tariffs on home builders and housing prices.

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04/10/2018

The share of American young adults living with their parents is the highest in 75 years

According to a recent study by the Pew Research Center, 33% of 25-29 year olds lived with their parents or grandparents in 2016. This is almost three times as many as in 1970.

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04/09/2018

Rising Home Prices Push Borrowers Deeper Into Debt

Tight supply, higher mortgage rates make homeownership out of reach for many, pressuring lenders to ease credit standards.

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04/06/2018

Hot housing market: home buyers are spending more than expected

Home buyers are busting budgets — and in some cases selling things they love — to snag their dream houses.

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04/05/2018

Take a peek inside the $1M-$2M properties at this year's Parade of Homes (photos)

"The diversity in architectural styles, combined with the outstanding quality-of-life offerings ... will create an unmatched experience for our Parade guests," BIA Executive Director Jonathan Melchi said in a release.

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04/05/2018

In Pricey Cities, New Residents Make Much More Than Those Leaving

Families of more modest means are leaving expensive American urban areas and being replaced by more affluent newcomers, and the income gap between those arriving and leaving hot spots is widening.

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04/03/2018

NAHB Study Shows Steady Gains in Construction Employment, But Levels Remain Below Peak

A new construction employment analysis from the National Association of Home Builders (NAHB) shows that 9.8 million people worked in construction in 2016, and more than 3.8 million of them worked in residential construction.

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04/02/2018

Columbus moves into Top 10 hottest housing markets in the U.S.

The city jumped seven spots to land at No. 9 in Realtor.com's hottest markets in the nation in March, the second month in a row that Central Ohio has outpaced most of the nation.

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04/02/2018

Why the dining room is due for a revival

For many overscheduled families, “dining” has been reduced in recent years to grabbing a plate of food at a kitchen island or on an ottoman in front of a screen.

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04/02/2018

A seller’s market: Low supply, high demand lead to higher sale prices nationwide

Lack of inventory, coupled with strong demand from buyers, is one reason why home values across the country are reaching new peaks.

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04/02/2018

New Dirt Exchange Listings on BIA Website

Free, fast listings for BIA members.

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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.