News

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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03/30/2018

3-D printed buildings are finally happening, in concrete jail cells, foam homeless shelters and earthquake-proof bungalows

Many inventions, in hindsight, feel more like discoveries. Think of the bicycle, or the steam engine, or glass—all simple and useful enough to be widely copied once they were known. Another such invention, 3-D printing, is now scaling up. 

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03/27/2018

Real estate report: Home price hikes can’t last, report says

Another sign emerged last week that the housing market might be overheating.

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03/25/2018

February New Home Sales Flat After Upward Revisions to Prior Months

Sales of newly built, single-family homes remained virtually unchanged, inching down 0.6 percent in February to a seasonally adjusted annual rate of 618,000 units after upward revisions to the January, December and November 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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03/23/2018

Columbus Ranks 5th Best in List of Best Cities for Entrepreneurs and Start-Ups in 2018

The capital city of Ohio makes a strong argument, with a large, educated young adult population and solid numbers for start-up growth, plus a recent $277 million Smart City grant to shore up the city’s infrastructure.

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03/22/2018

Budget Accord Misses the Mark on Affordable Housing

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued a statement on the Low Income Housing Tax Credit component of the $1.3 trillion spending bill agreed to by congressional leaders:

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03/21/2018

U.S. Starter Homes Are Scarcer, Pricier, Smaller and More Run-Down

Homebuyers in the U.S. have plenty to grouse about these days. Prices have climbed steeply in many metro areas, mortgage rates are rising and inventory is thin. But for people looking to purchase their first home, it’s ugly out there.

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03/20/2018

New NAHB Resource Shows Professionals How to Build a Successful Social Media Marketing Plan

Social media has become increasingly important to businesses as a marketing and sales tool, however with the plethora of social media sites now available businesses may have a hard time keeping up or even knowing where to start.

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03/20/2018

1.3 million homes were finished in February the most since 2008

We shouldn’t expect similar numbers in finished homes this March because starts fell 7% in February.

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03/20/2018

The Next Housing Crisis: A Historic Shortage of New Homes

Fewer new houses are being built in America than at almost any time before; ‘It’s a good time to be here in Grand Rapids, if you can get a house’

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03/20/2018

In a time of high demand and limited inventory, spec houses are making a return

Home buyers across the country are scrambling for properties, and real estate professionals are begging for more houses to be built to answer the high demand.

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03/19/2018

Real estate economist: Home prices are increasing twice as fast as income growth

This insatiable appetite for housing is happening even before the peak of the millennial generation reaches first-time homebuyer age MBA's Mike Fratantoni says.

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03/19/2018

Registration Open for the Marketing And Merchandising Excellence Awards

The Marketing And Merchandising Excellence (MAME) Awards honor the top achievers in the new home industry. Sales and marketing award winners cross all BIA membership ranks and include Realtors, interior designers, architects, landscapers, suppliers, remodelers, builders and more.

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03/18/2018

John Reiner, ASLA, of Dublin, Ohio has been elected 2018 President of the State of Ohio Landscape Architects Board

He has been a licensed Landscape Architect since 1994. The board is tasked with the overseeing and licensure of all landscape architects in the state of Ohio.

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03/18/2018

2018 MAME Award Entry How To Video

See how easy it is to enter your sales or marketing entry this year!

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03/17/2018

Be a part of BIA CondoQuest

Get your product in front of central Ohio’s prospective home buyers. Become a sponsor of the CondoQuest or enter your properties today!

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03/16/2018

CondoQuest Taking Place 4/21-22 & 4/28-29

Come experience the region's largest OPEN HOUSE. Tour a spectacular array of dozens of brand new condos, patio homes and townhomes FREE.

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03/15/2018

Multifamily Drop Pushes Total Housing Starts Down as Single-family Makes Gains

A decline in multifamily starts pushed overall housing production down 7.0 percent in February to a seasonally adjusted annual rate of 1.24 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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03/15/2018

Regulatory Horror Story Highlights Need to Reform Permitting Process

Illustrating how the federal regulatory system has run amok and the need for Congress to pass legislation to fix a broken permitting process, a development firm today shared its three-decade nightmare with a House panel regarding its futile attempts to obtain a Clean Water Act permit.

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03/14/2018

Statement from NAHB Chairman Randy Noel on Passage of Senate Banking Bill

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued a statement on Senate passage of S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act.

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03/14/2018

Builder Confidence Remains on Solid Footing in March

Builder confidence in the market for newly-built single-family homes edged down one point to a level of 70 in March from a downwardly revised February reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) but remains in strong territory.

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03/14/2018

2018 BIA Parade of Homes location, dates unveiled

COLUMBUS, Ohio – The Building Industry Association of Central Ohio (BIA) announced today that Jerome Village, a master-planned community developed by Nationwide Realty Investors (NRI), will be the site of the 2018 BIA Parade of Homes at the Eversole Run neighborhood.

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03/11/2018

Central Ohio homebuilders far shy of meeting high demand

With demand for central Ohio homes at record highs, and the number of homes on the market at record lows, the stars should be perfectly aligned for central Ohio homebuilders. With quotes from: Rockford Homes, Fischer Homes, M/I Homes, and BIA Executive Director, Jon Melchi

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03/11/2018

Software Industry Turns Focus to the Trades

New programs for tablets and phones are allowing plumbers, contractors and other field-service workers do their jobs more efficiently.

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03/11/2018

Robots are Getting into the Bricklaying Business

Here at this race, humans are holding off the future with trowel and muscle. But that may not last. Bricklayers are becoming increasingly hard to find nationwide. Despite rising wages, there’s a shortage of workers.

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03/09/2018

Mortgage Rates at a Four-Year High Threaten to Roil Housing

Besides discouraging borrowers, rising rates could make current homeowners less likely to move, creating a bottleneck throughout the system.

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03/09/2018

Exclusive: Home Depot to donate $50M to train construction workers, address severe shortage

Home Depot follows Lowe's in a move that is both philanthropic and practical for purveyors of construction supplies. USA TODAY

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03/08/2018

Lowe's offers $2,500 to employees who learn a trade

In one of the hardest times to hire skilled workers in decades, Lowe's is running a pilot program offering $2,500 to its own employees if they will learn a master trade, such as electrician or plumber.

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03/07/2018

Building materials could rise in cost as much as 25%

Building materials such as steel and aluminum could rise in cost as much as 25% and Canadian lumber prices are still on the rise.

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03/06/2018

Capital Lighting Launches Smart Solutions Division

Capital Lighting has launched a new Smart Solutions Division to provide a turnkey approach to smart technology. Frank Van Beusecum, an industry veteran, has been hired to lead the division.

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03/06/2018

Statement from NAHB Chairman Randy Noel on Senate Banking Bill

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued a following statement on the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155), banking reform legislation now pending in the Senate.

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03/02/2018

Statement from NAHB Chairman Randy Noel on New Steel and Aluminum Tariffs

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued a following statement regarding President Trump's announcement to impose tariffs on steel and aluminum imports.

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03/02/2018

Trump ready to slap tariffs on steel, aluminum

President Donald Trump said Thursday that he will place tariffs on imported steel and aluminum, an announcement that sent stocks tumbling and reverberated through Ohio’s manufacturing industries.

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03/02/2018

Why Your Next Real-Estate Deal Might Involve a Robot

New crop of companies is betting that robots will upend how properties are sold and rented.

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03/01/2018

Building Insider Mar/Apr Issue Online

The March/April issue of Building Insider Magazine, featuring The Briton Group, Daso Custom Cabinetry, and Created Hardwood Ltd. is now online.

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02/27/2018

Home Builders Seek Better Cooperation with OSHA to Improve Worker Safety

The National Association of Home Builders (NAHB) today called on the Occupational Safety and Health Administration (OSHA) to expand its small business compliance assistance to help home builders and other small business owners to improve the safety of their operations.

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02/27/2018

35% of homebuyers bid on a home before seeing it with their own eyes in 2017

Thirty-five percent of people who bought a home last year said they made an offer without first seeing the home in person, up from 33 percent in May 2017 and 19 percent in June 2016. This is based on a Redfin-commissioned survey conducted in November and December 2017, which included responses from 1,503 people who purchased a home in the previous 12 months.

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02/26/2018

A second wave of 14 linemen from AEP Ohio are to replace crews restoring power in Puerto Rico

AEP Ohio sent 14 line workers to Puerto Rico in late January to assist with power restoration efforts following the devastation of Hurricane Maria in September. The team joined four AEP Ohio storm restoration experts who have been on the ground helping since early January.

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02/26/2018

We Have a Job for You!

The BIA has a page dedicated to all our member's job opportunities. Take a look at last week's postings.

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02/25/2018

Columbus Building and Zoning Services Are Moving To New Offices!

The newly completed Michael B. Coleman Government Center includes a street-level concourse to better serve our customers. The “one-stop shop” consolidates four City departments: Building & Zoning Services, Public Service, Development and a portion of Public Utilities.

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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

Schottenstein Real Estate president on the state of development in Columbus

With a projected steady uptick in the population of Columbus and its suburbs, developers have taken to major building projects to satisfy the expected demand.

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02/21/2018

PPG ranks on Fortune ‘Most Admired’ list for 10 consecutive years

We work hard every day to “protect and beautify the world” by developing and delivering paints, coatings and specialty materials that our customers have trusted for 135 years.

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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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02/20/2018

Habitat for Humanity-MidOhio Requesting Bids from Subcontractors

Habitat for Humanity-MidOhio, 3140 Westerville Rd, Columbus, OH 43224, is a Developer and General Contractor accepting bids to determine subcontractors for single family residential projects in 2018. All bids are due no later than 2:00 PM March 1, 2018. 

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02/19/2018

America's Floor Source Opens first ever Outlet & Clearance Centers

We are proud to announce that our first ever Outlet & Clearance Centers are now open! Come shop with us today and find amazing deals on new flooring!

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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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02/14/2018

BIA Quality Standards

Minimum performance criteria for acceptable workmanship of BIA Builder and Remodeler Members. These quality standards are printed in the BIA Home Owners Manual which is available for purchase by all BIA builder members to give to their new homeowners.

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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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02/11/2018

BIA Women Attend United Way's Womens Leadership Network

The BIA Foundation was a VIP sponsor for the event Wednesday,February 7 at the Nationwide Conference Center. Women BIA members and staff attended the event which featured Lee Anne Tuohy most known from the movie, The Blindside.

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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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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.