What's New in Our Industry?

The BIA of Central Ohio closely follows news reports, industry trends and community information on behalf of our industry. We are also a trusted source for the media, and are frequently contacted to share our expertise for news stories.

10/19/2017

Remodeling Market Indicators Maintain Strength in Third Quarter

The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) posted a reading of 57 in the third quarter of 2017, up two points from the previous quarter.

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10/18/2017

NAHB Announces Best of 55+ Housing Awards Finalists

The National Association of Home Builders (NAHB) has announced the finalists for its 2018 Best of 55+ Housing Awards, the premier design and marketing competition for the 55+ housing industry.

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10/18/2017

Hurricanes Push Down Housing Production in September

Nationwide housing starts fell 4.7 percent in September to a seasonally adjusted annual rate of 1.13 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Nationwide single-family production fell 4.6 percent to 829,000 units due to a 15.3 percent decline in the hurricane-ravaged South. All other regions posted gains in the single-family sector, and nationwide single-family permits increased 2.4 percent.

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10/17/2017

Builder Confidence Rises Four Points in October

Builder confidence in the market for newly-built single-family homes rose four points to a level of 68 in October on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This was the highest reading since May.

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10/14/2017

NAHB Announces Finalists for Apartment and Condo Awards

Adaptive reuse, plentiful amenities and sustainable and green building practices were some of the trademarks found in this year's finalists for the 2017 Multifamily Pillars of the Industry Awards, which honor superior achievement in apartment and condominium development, design, marketing and management and are sponsored by the National Association of Home Builders (NAHB).

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10/11/2017

Statement from NAHB Chairman Granger MacDonald on EPA Chief's Repeal of the Clean Power Plan

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, today issued a statement regarding Environmental Protection Agency Administrator Scott Pruitt's proposal to begin the process to roll back the Clean Power Plan rule.

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10/05/2017

Statement from NAHB Chairman Granger MacDonald on OMB Flood Insurance Proposal

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued a statement regarding a proposal to reform the National Flood Insurance Program put forth by Office of Management and Budget Director Mick Mulvaney.

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10/04/2017

Home Builders Revise Policy as Tax Reform Debate Heats Up

The National Association of Home Builders (NAHB) today voted to revise its policy regarding the nation's tax code in light of recent discussions on tax reform between congressional leadership and the Trump administration.

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09/27/2017

Study Finds Green Home Building Continues to Gain Traction

One third of builders surveyed say green building is a significant share of overall activity, and many have built a net zero home.

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09/27/2017

New Home Sales Fall 3.4 Percent in August

Sales of newly built, single-family homes in August fell 3.4 percent to a seasonally adjusted annual rate of 560,000 units from an upwardly revised July reading, 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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09/19/2017

Housing Production Holds Steady in August

Nationwide housing starts fell 0.8 percent in August to a seasonally adjusted annual rate of 1.18 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.

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09/15/2017

NAHB Members Celebrate Professional Women in Building Week

Members of the National Association of Home Builders (NAHB) are celebrating Professional Women in Building (PWB) Week Sept. 18 - 22. The goals of PWB Week are to highlight the many contributions women make to the residential construction industry and offer an opportunity for PWB members to share the value of council membership.

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09/15/2017

Builder Confidence Drops Three Points As Hurricanes Add Uncertainty

Builder confidence in the market for newly-built single-family homes fell three points to a level of 64 in September from a downwardly revised August reading of 67 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

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09/15/2017

NAHB Commends Confirmation of Pamela Patenaude as HUD Deputy Secretary

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued a statement on the Senate confirmation of Pamela Patenaude as deputy secretary of the Department of Housing and Urban Development (HUD).

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09/13/2017

NAHB Commends Nomination of Brian Montgomery as FHA Commissioner

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued a statement regarding President Trump's nomination of Brian Montgomery to run the Federal Housing Administration (FHA).

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08/31/2017

NAHB Calls on Stakeholders to Band Together during Rebuilding of Texas Gulf Coast

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued a statement on the need for collaboration among key stakeholders as communities look to rebuild.

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08/30/2017

NAHB Calls on Administration to Protect Consumers Against Price Gauging as Communities Rebuild

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued a statement on the need for fairly priced building materials as the people of Texas and Louisiana look to rebuild their communities following the devastation of Hurricane Harvey.

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08/24/2017

Apartment and Condominium Market Bounces Back to Trend in Second Quarter

The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), posted a gain of eight points to 56 in the second quarter.

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08/16/2017

Statement from NAHB Chairman Granger MacDonald on President Trump's Executive Order Rescinding the FFRMS

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued a statement on President Trump's executive order that effectively rolls back the Federal Flood Risk Management Standard.

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08/16/2017

Single-family Starts Hold Steady in July After Upward June Revision

Single-family production slipped 0.5 percent in July to a seasonally adjusted annual rate of 856,000 after a strong, upwardly revised June reading.

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08/15/2017

Housing Affordability Inches Lower in Second Quarter

Rising home prices offset a quarter-point drop in mortgage interest rates to move housing affordability slightly lower in the second quarter of 2017, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today.

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08/15/2017

Builder Confidence Springs Back with Four-Point August Jump

Builder confidence in the market for newly-built single-family homes rose four points in August to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

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08/10/2017

Statement from NAHB Chairman Granger MacDonald on HUD's Affordable Housing Report

Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, today issued a statement regarding the U.S. Department of Housing and Urban Development's new report on the number of rent-burdened families rising to the second-highest level on record.

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08/10/2017

Housing Market Continues to Make Gains, Though Permits Fail to Keep Pace

In a further sign that the housing sector is continuing to gain momentum, nearly 300 markets nationwide posted an increase in economic and housing activity from the first quarter to the second quarter, according to the National Association of Home Builders/First American Leading Markets Index (LMI) released today.

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08/02/2017

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

Now in its 37th year, NAHB's national sales and marketing awards program, The Nationals?, is open for entries. The deadline to enter is Oct. 18.

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08/02/2017

Cantwell-Hatch Bill Would Help Ease Affordable Housing Crisis

The National Association of Home Builders (NAHB) today called on Congress to pass the Affordable Housing Credit Improvements Act of 2017 (S. 548), legislation that would promote the construction of sorely needed rental apartments and help alleviate the nation's affordable housing crisis.

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08/02/2017

2018 International Builders' Show Registration Opens Special Registration Discounts Offered Through August

The National Association of Home Builders (NAHB) officially opened online registration today for the 2018 NAHB International Builders' Show® (IBS), the largest annual light construction trade show in the world.

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07/28/2017

New Home Sales Edge Up 0.8 Percent in June

Sales of newly built, single-family homes in June inched up 0.8 percent to a seasonally adjusted annual rate of 610,000 units from a downwardly revised May reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

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07/27/2017

Joint Employer Bill Would Provide Certainty to Business Community

The National Association of Home Builders (NAHB) today commended bipartisan legislation introduced in the House that would help small businesses and boost housing affordability by clarifying under the law what constitutes a joint employer.

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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.