2019 Executive Officers
TRS Custom Builders
1st Vice Chairman
2nd Vice Chairman
Bright Future Real Estate Research
Immediate Past Chair
David M. Godlewski
Single-Family Home Sales up in 2018
Sales of newly built, single-family homes posted a yearly gain of 1.5% in 2018, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
The December sales numbers rose 3.7% to a seasonally adjusted annual rate of 621,000 units after a downwardly revised November report. The sales report was delayed due to the partial government shutdown.
“Despite a period of weakness in the fall, new home sales ended the year with a small gain,” said NAHB Chief Economist Robert Dietz. “While the December sales pace improved on a monthly basis, the current rate of sales remains off the post-Great Recession trend due to housing affordability concerns made worse by the rise in mortgage interest rates at the end of the year. We expect lower mortgage rates in the early months of 2019 will lead to additional new home demand.”
Arkansas Enacts Affordability Law
HUD Secretary Dr. Ben Carson spoke to the NAHB Board of Directors and then sat down for a conversation with 2018 Chairman Randy Noel during the recent Builders’ Show in Las Vegas.
A short time later, Congressional Problem Solvers Caucus Co-chairs Rep. Tom Reed (R-N.Y.) and Rep. Josh Gottheimer (D-N.J.) spoke with 2019 NAHB Chairman Greg Ugalde about bipartisan solutions.
Additional video highlights from the Meeting of the Members and the Board of Directors meeting are also available.
NAHB recently launched “Housing Developments,” a new podcast co-hosted by CEO Jerry Howard and Chief Lobbyist Jim Tobin. The two hosts will provide expert analysis on the latest news in the housing industry. The podcasts will also feature special guests with unique per- spectives on key issues.
Watch Videos from The Builders' Show
In a victory for home builders and buyers, Arkansas Gov. Asa Hutchinson recently signed SB 170 into law, which will pre- vent cities and counties from regulating building design in a way that would needlessly raise the cost of housing.
The Arkansas Home Builders Association, along with other trade groups and consumers, sought this remedy after the city of Springdale proposed new home design standards that would prohibit exterior finishes such as vinyl, wood and aluminum siding that are otherwise allowed under all editions of the International Residential Code.
Labor Top Builder Concern in 2019
More than four out of five builders expect to face serious challenges regarding the cost and availability of labor in 2019, according to a recent survey of members in the monthly NAHB/Wells Fargo Housing Market Index.
The questions asked builders about the problems they confronted in 2018 and expect to face in 2019. Topping the list is the cost and availability of labor, with 82% of builders saying they expect it to be a significant issue in 2019. Second was building material prices, with 69% calling it a significant issue. Third was the cost and availability of finished lots, with 63% calling it a problem.
The U.S. Department of Labor has issued a proposed new overtime rule that would raise the overtime salary limit from $23,660 to $35,308.
This means that some employees making under $35,308 would be due time and a half if they work more than 40 hours a week. The proposal has not yet been published in the Federal Register and could be modified.
NAHB will review the proposed rulemaking and submit comments.
DOL Issues Proposed Overtime Rule
Could Be a $2.5 Billion Tax
Could Be a $2.5 Billion Tax Court
Podcast Covers the Housing Industry
The Consensus Committee for the ICC 700 National Green Building Standard (NGBS) met recently in Washington, D.C., to review and vote upon the public comments it received to its 2020 draft standard.
The draft standard includes several substantial updates, including:
• A reworking of the remodeling chapter;
• A new chapter for certifying mixed-use
• A new performance path for water
• A streamlined compliance path for
single-family homes and townhomes.
The 2020 NGBS will be the fourth edition of the standard, which was first introduced in 2008. The NGBS is the only residential green building standard accredited by the American National Standards Institute (ANSI). As it was previously, the revised standard is being developed in accordance with the ANSI consensus process.
Employers Must Use New I-9 Form
Brochure, Web Resources Look at Housing Affordability
Wide Disparity in Property Taxes
There is nearly an $8,000 difference between what residents of the state with the highest property taxes pay compared to those who live in the state with the lowest rate.
NAHB analysis of data from the American Community Survey and U.S. Census Bureau shows that in 2017, New Jersey retained its perennial distinction as the state with the highest average annual tax bill per home owner. Garden State home owners paid an average of $8,485 in real estate taxes in 2017.
By contrast, Alabama ranked 50th with an average real estate tax bill of just $678.
The five highest average property tax states:
1. New Jersey $8,485
2. Connecticut $6,349
3. New York $6,054
4. New Hampshire $5,713
5. Massachusetts $5,192
NGBS Public Comments Reviewed
America faces a housing affordability crunch that has evolved from a local problem into a national crisis.
In an effort to promote innovative solutions to the problem, NAHB has compiled extensive research on state and local policies and incentives that are being used to help make housing more affordable in communities across the country. "Creating Housing for All" is a new brochure and a collection of web resources that look at creative planning and zoning, incentives and public-private partnerships as a blueprint for collaboration and a springboard for innovation.
Housing afford- ability is a top issue for NAHB in 2019. We will be working with Congress, the administration, and state and local officials in the effort to provide housing that is affordable to families across the economic spectrum.
The energy, passion and creativity of youth are reshaping the home building industry in positive ways. That’s the take away from the second annual “Green Banter and Beer” discussion
conducted during the
Builders’ Show in Las Vegas.
The event featured five young industry professionals who have forged their own paths outside of the traditional career track. The five panelists shared their thoughts on green building and enjoyed a beer with a sizable crowd in the High Performance Building Zone during the show.
The panelists were: Myles Biggs of Relish the Journey Media in Mifflinburg, Pa.; Brian Gaudio of Module Design in Pittsburgh; Jen Haywood of Texturious Designs in Des Moines, Iowa; Heather Laminack of the Ferrier Companies in Fort Worth, Texas; and Eric Visser of Visser Construction in Anchorage, Alaska.
Gaudio noted that America is still building homes the way it did in 1947, when the post-war suburban boom took off.
“At Module, we have a new idea for home ownership,” Gaudio said. “We’re redesigning homes from the ground up. Buy the amount of house you need today, add on as your family grows, as your income grows, as your needs change. And we’re leveraging pre-fab solutions.”
Laminack, a fourth-generation builder, said she wants to make high performance available to more people.
“Part of what we do is try to make green building and sustainable homes accessible to everyone, regardless of their budget," she said. “It’s easy when people walk in with a large budget. But when you’ve got a young family that just wants a healthy home to raise their family in, but doesn’t have an endless budget, those are the projects we really like to get behind.”
Watch a playback of the event (works best in Chrome).
Youth, Beer, Banter and Green Building
Wednesday, April 10
Custom Build Council Mtg
SAHBA Board Rm
April 12th - 14th
SAHBA Home Show
Tucson Convention Center
Tuesday, April 16
SAHBA Board Rm
Tuesday, April 16
Tech Committee Meeting
SAHBA Board Rm
Tuesday, April 18
SAHBA Board Rm
For more details on events, visit www.sahba.org and select the Events tab.
"Green Banter and Beer" featured five young industry professionals.