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.

12/19/2018

NAHB Commends Pam Patenaude for Her Work at HUD

The National Association of Home Builders (NAHB) today commended the work of Deputy HUD Secretary Pam Patenaude to provide safe, decent and affordable housing for Americans after she announced she was resigning.

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12/18/2018

Single-Family Starts Drop in November as Builders Face Affordability Concerns

Rising housing affordability issues continue to hinder single-family production even as total housing starts increased in November.

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12/18/2018

Columbus 'not even coming close' to meeting housing needs, report finds, hurting our competitiveness

The Housing Need Assessment report from the Building Industry Association of Central Ohio and the BIA Foundation quantifies the significance of the shortfall by estimating the need for new residential housing based on projected job growth through 2050.

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12/17/2018

Despite Housing Boom, Columbus in Need of More Housing

A new report from the Building Association of Central Ohio is saying Columbus needs to construct at least twice as many new residences despite the current apartment boom.

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12/13/2018

Columbus must build more housing, report concludes

Despite apartment boom, central Ohio should build at least twice as many new residences, study released by BIA finds.

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12/12/2018

Statement from NAHB Chairman Randy Noel on Nomination of Mark Calabria as New FHFA Director

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued a statement on Mark Calabria being nominated as the new director of the Federal Housing Finance Agency (FHFA).

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12/10/2018

Mixed-use development with new library branch pitched near Powell

BIA Builder member is pitching a new mixed-use development anchored by a library near Powell.

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12/10/2018

Washington Post: Construction of townhouses is up, offering more options for first-time buyers

As demand for housing continues to outpace supply, particularly in the entry-level category, pressure has increased on builders to bump up the pace of construction.

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12/06/2018

Virginia Remodeler Leo Lantz Named 2018 NAHB Remodeler of the Year

The National Association of Home Builders (NAHB) Remodelers is honoring Leo Lantz, CAPS, CGP, CGR, GMR, a remodeler from Glen Allen, Va., as the 2018 NAHB Remodeler of the Year.

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12/06/2018

Mayor Ginther hits on Affordable Housing at Mapfire News Conference

The Crew would remain in Columbus and use Mapfre Stadium for two years before moving to a new stadium under a proposal to be announced by community leaders Thursday, part of a new ownership plan for the professional soccer franchise.

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12/04/2018

Most Americans Cite a Housing Affordability Crisis Nationwide and Close to Home

Nearly three out of four American households believe that the nation is suffering a housing affordability crisis, and a majority of respondents reported this is a problem at their local and state level as well, according to a new nationwide survey conducted on behalf of the National Association of Home Builders (NAHB).

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12/04/2018

Associations Now: Construction Industry Finds a Way to Connect with Voters on the Move

Associated Builders and Contractors used Google’s Waze app as part of its get-out-the-vote efforts for last month’s midterm elections.

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11/30/2018

Home Appraisals Go High Tech

The battle between man and bot has a new front: your mortgage.

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11/28/2018

New Home Sales Drop 8.9 Percent in October as Affordability Challenges Persist

Sales of newly built, single-family homes fell to a seasonally adjusted annual rate of 544,000 units in October after an upwardly revised September 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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11/27/2018

'European village' neighborhood lands first approval in Dublin

BIA Members Corinthian Homes, POD Design, and American Structurepoint are all working on the project.

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11/27/2018

NAHB Announces Best of 55+ Housing Awards Finalists

The National Association of Home Builders (NAHB) announced the finalists for its 2019 Best of 55+ Housing Awards, the premier design and marketing competition for the 55+ housing industry.

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11/27/2018

Ohio business, educational leaders launch effort to address skills shortage

Ohio business, education and union leaders have started a new initiative meant to resolve the challenge of address shortages of skilled tech workers.

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11/25/2018

As weather cools, home sales in Central Ohio remain hot

Home sales in Central Ohio remain strong even heading into the cold months.

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11/25/2018

Borrowers Are Tapping Their Homes for Cash, Even as Rates Rise

The trend is a sign of an economy that has sharply pushed up home prices but left paychecks growing much more slowly.

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11/20/2018

Multifamily Builder and Developer Confidence Weakens in Third Quarter as Market Faces Challenges

Confidence in the multifamily housing market weakened in the third quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).

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11/20/2018

Builder Confidence Drops as Housing Affordability Issues Rise

Growing affordability concerns resulted in builder confidence in the market for newly built single-family homes falling eight points to 60 in November on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

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11/19/2018

Laura MacGregor Comek, BIA BOT Member, Receives Presidential Citation at OHBA Annual Dinner

Comek was recognized by the President and the Association for her outstanding service and commitment to the Ohio homebuilding industry.

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11/18/2018

Student debt limits potential home buyers’ choices

Student debt knocks almost $100,000 off the price of home buyers can afford, according to a new Zillow report.

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11/16/2018

Budget to Focus on Housing Stock

Columbus Mayor Andrew J. Ginther talked Wednesday about turning the city’s land bank into a land trust designed to preserve affordable housing in what is becoming an increasingly expensive market that’s out of reach for many people.

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11/15/2018

Statement from NAHB Chairman Randy Noel on FHA Actuarial Report

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued a statement after the Federal Housing Administration (FHA) released its annual actuarial report to Congress.

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11/15/2018

New Affordable Apartments Opening in Franklinton

The 45-unit Out of Town complex at Town Street and Mead Alley is a looker on a block in Franklinton that has drastically changed in recent years.

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11/14/2018

Apartment Building Projects Slow

Apartment developers are Slowing construction. That could mean higher rents.

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11/10/2018

The housing slump is not (yet) a recession

Home purchases have a multiplier effect on consumer spending, since they often generate further sales of furniture, appliances, electronics, and marble or granite kitchen counters.

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11/09/2018

Housing Affordability Edges Lower in the Third Quarter

A modest increase in interest rates and home prices kept housing affordability at a 10-year low in the third quarter of 2018, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today.

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11/08/2018

Insurance Coverage for Defective Construction Further Limited

On October 9, 2018, the Supreme Court of Ohio doubled down on a prior ruling that commercial general liability insurance policies (CGLs) do not cover defective construction.

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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.