BIA North Central Ohio

About BIA North Central Ohio

 


Building Industry Association of NCO
NCO Home and Garden Show
1183 Lexington Avenue
Mansfield, Ohio  44907
(419) 774-7996
 biaoffice@biancohio.com


 

News
Building Inspector Position PDF Print E-mail

Building Inspector Job Opportunity

 

 
Monday Morning Briefing PDF Print E-mail
NAHB
 
March 20, 2017
Economics
Softwood lumber, gypsum, OSB and concrete prices up in February.
Trump's move to roll back regulations buoys builders. 
Production expected to grow throughout the year. 
Member Advantage
Build a future in construction management. Apply today!
Inside Washington
President's spending plan is first step in negotiations with Congress. 
Join us in Washington for the 2017 Legislative Conference. 
Green Building
More buyers are zeroing in on energy efficiency. 
The change should help in the valuation of above-code energy improvements.
Association Update
Get the skills to join this fast-growing industry. 
NAHB is accepting nominations for the Association Excellence Awards. 
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Advantech
NAHB 75 Years

 



 
NAHB's Eye on the Economy PDF Print E-mail
 

 

NAHB
February 8, 2017
 
Builders to Confront Labor, Financing Challenges
More than 80% of builders surveyed say that the scarcity of labor leads the list of challenges for 2017. While employment is growing within the housing industry—adding 128,000 jobs over the last year, and 20,030 in January alone—unfilled construction jobs remain a key supply-side headwind. Housing markets also continue to be held back by a lack of inventory, which has kept pending existing home sales flat for most of the last two years.
 
The rising cost of credit is another point of concern as the new year begins. Federal Reserve data indicate that demand for multifamily debt and commercial real estate construction and development loans slowed or declined at the end of 2016, perhaps due to rising interest rates. New home sales were also down in December, which some analysts attribute to higher mortgage rates. However, regional data do not fully support that claim.
 
While rising rates will act as a drag on housing demand going forward, sales were up 12% over the course of 2016 and favorable demographics will cause sales to rise more in 2017, supported by rising wages and job growth.
 
–NAHB Chief Economist Robert Dietz
Lending
Improved economic conditions help ease lending conditions for conventional loans.
However, the pace of tightening has eased slightly after it peaked in mid-2016.
Economic conditions are right for a faster pace of monetary policy normalization.
Increasing rates too rapidly will likely impact sales.
Sales
House prices are the lone bright spot amid lagging single-family permits and employment numbers.
Tight inventory and high demand pushed prices up at a rapid pace.
A 50-year low has been followed by two consecutive quarters of increases.
A strong year overall, despite a weak December estimate.
Trends
January's fast pace is an encouraging sign for 2017.
Builders report increases in current sales, expected sales and prospective buyers.
Three consecutive monthly increases in spending add momentum at the start of a new year.
A slight drop brings total contributions to 15.6%.
Economy
Solid report from the Bureau of Labor Statistics starts off the year.
Optimism about current conditions is overshadowed by low expectations for the future.
Real GDP grew at a 1.9% annual rate, slowing from 3.5% in the previous quarter.
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1201 15th Street NW, Washington , DC, 20005-2800



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NAHB Membership = NASCAR Discount PDF Print E-mail

NAHB Membership

Be on the lookout for one of the Member Advantage program vendor’s cars: Chevrolet, AT&T, Verizon, Budget, Sprint, Lowe’s ProServices, UPS, GEICO and more!



eMemberBenefits provides discounted wireless service offerings from Verizon, Sprint, AT&T and T-Mobile. Thisprogram offers a wide range of benefits to members including: discounts averaging 35% for members, free mobile to any mobile calling, free mobile device management through an online portal, dedicated 24/7/365 help desk support and much more.× To learn more, please visit www.eMemberBenefits.com/nahb or call 866-430-NAHB (6242) to speak directly with a member specialist.

 


xAll carriers require a 5 line minimum for business accounts (all phones, tablets, mobile hot spots and other cellular internet connected devices count towards this minimum

General Motors extends NAHB members a private offer1 of up to $500 toward the purchase or lease of most new GM vehicles. NAHB members who are business owners can now qualify for up to $1,000 and also add on incentives from the National Fleet Purchase Program2 and Business Choice3. To get this offer just visit your local dealer, choose an eligible GM vehicle, and present your NAHB proof of membership form.

 

 


How it works:

1. Get your NAHB proof of membership form at http://www.nahb.org/gm" target="_blank">www.nahb.org/gm.
2. Bring form to your GM dealer and mention this private offer.
3. At time of purchase or lease, present your NAHB proof of membership.

 

 

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