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Maximizing Remodeler Profits

Maximizing Remodeler Profits

Time is money.

This was the overriding message delivered by Rob Baugher, a remodeler with 44 years of experience and owner of Baugher Inc. based in Birmingham, Ala., during an International Builders’ Show seminar in Orlando, Fla. earlier this month.

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Highest Property Tax States are in the Northeast

Filed in Economics by on January 30, 2017 0 Comments
Highest Property Tax States are in the Northeast

New Jersey still leads the nation with the highest average annual real estate tax (RET) bill of $8,180 — $7,528 more than RETs paid by Alabama’s home owners, according to the 2015 American Community Survey.

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Key Building Materials Prices Far Surpassed Inflation in 2016

Filed in Economics by on January 27, 2017 1 Comment
Key Building Materials Prices Far Surpassed Inflation in 2016

Softwood lumber, oriented strand board (OSB), ready-mix concrete and gypsum products all posted price changes in 2016 well above the 1.3% average for the Consumer Price Index, according to the latest Producer Price index released by the Bureau of Labor Statistics.

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Top Concern for Builders Remains Unchanged in 2017

Filed in Economics, Home Building by on January 26, 2017 5 Comments
Top Concern for Builders Remains Unchanged in 2017

More than four out of five builders expect to face serious challenges regarding the cost and availability of labor in 2017, according to a recent survey of members that ran in the monthly NAHB/Wells Fargo Housing Market Index.

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HBAs Bring Workers Home

Filed in Labor, Safety and Health by on January 25, 2017 0 Comments
HBAs Bring Workers Home

HBAs across the nation are taking steps to increase the trained labor pool and to get students excited about careers in the construction field.

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Mnuchin Opposes Recap and Release of Fannie and Freddie

Filed in Capitol Hill, Housing Finance by on January 24, 2017 0 Comments
Mnuchin Opposes Recap and Release of Fannie and Freddie

Steve Mnuchin, President Trump’s pick to be Treasury secretary, said that he opposed a “recap and release” plan for Fannie Mae and Freddie Mac during his Senate confirmation hearing on Jan. 19.

Recap and release would mean recapitalizing Fannie Mae and Freddie Mac and then releasing the two mortgage giants from government control.

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4 Steps to Ensure Your Firm’s Labor Needs are Met

4 Steps to Ensure Your Firm’s Labor Needs are Met

Many markets across the nation are grappling with chronic labor shortages. At an International Builders’ Show seminar in Orlando earlier this month, Brian Hall, vice president of construction at Charlotte, N.C.-based Classica Homes, outlined four steps his firm has taken to ensure it is the “builder of choice” in its local market.

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Trump Administration Cancels FHA Mortgage Premium Cuts

Filed in Housing Finance by on January 23, 2017 6 Comments

President Donald Trump signed an executive order on Jan. 20 cancelling a decision made by the Obama administration to lower Federal Housing Administration annual mortgage insurance premiums by 25 basis points to 0.60%.

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Communication and Planning Key to Customer Satisfaction

Communication and Planning Key to Customer Satisfaction

To provide the best possible building experience for your customers, open communication and planning are the best strategies to reduce conflict, manage expectations, eliminate costly errors and gain trust.

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NAHB Congratulates Donald Trump on Becoming the Nation’s 45th President

Filed in Capitol Hill, Leadership by on January 20, 2017 2 Comments

NAHB congratulated Donald Trump today after he was sworn as the 45th President of the United States of America.

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