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BUILDER north coast building industry association
ON THE COVER
Table of Contents
NEWSLETTER
North Coast Building Industry Association (NCBIA) BUILDER newsletter is the official newsletter of the NCBIA and is published monthly by the NCBIA. The NCBIA is an affiliate of the Ohio Home Builders Association (OHBA) & the National Association of Home Builders (NAHB).
NCBIA Office
5201 Waterford Dr., Sheffield Village, OH 44035 Ph: 440.934.1090 Fax: 440.934.1089 info@ncbia.com www.ncbia.com
Cover Image Credit:
Sales & Marketing Luncheon Flyer 6 GM Meeting Flyer
7
Maria Sabala Photography
Eye on the Economy
8
Eye on Housing
8
Home & Remodeling Show:
Households 55+ Worth $62 Bil 10-11
Thank you for all your help to make this year’s Home & Remodeling Show a HUGE Success!!
NCBIA Staff Executive Officer - Judie Docs judie@ncbia.com Executive Assistant - Deb Fisher debncbia@gmail.com Marketing Associate - Maria Sabala maria.sabala.ncbia@gmail.com
Letter from the President
2018 NCBIA Officers
Thanks for Renewing
President - Jeff Hensley, Lake Star Building & Remodeling Associate VP - Liz Schneider, Dollar Bank Treasurer - Steve Fleming, Shamrock Development Secretary - Jeremy Vorndran, 84 Lumber Company Immed. Past President - Chris Majzun Jr., Majzun Construction
Millennials and Homeownership 12 Builder Confidence
13
Buyers Searching 3+ Months
13
2018 Housing Gain Predictions
14
Sorry to See You Go
15
Welcome New Members
15
NAHB Update - Tax Webinar
15
CareWorksComp
17-19
Executive Officer’s Report
20
Send Me Your Blog!
21
Executive VP Column NAHB Seeks Injunction
21-22 23
Calendar of Events
25-26
Photos - Home Show
28-33
Spike Report
34
These are our members who represent our local industry in Washington DC and Columbus.
2018 NAHB Directors Mary H. Felton, Fidelity National Title Jeff Hensley, Lake Star Building & Remodeling
NAHB Alternate Director
Jack Kousma, Kousma Insulation
Sr. NAHB Life Director Randy Strauss, Strauss Construction
NCBIA Life Directors
Ohio’s State Rep. to NAHB
Jeremy Vorndran, 84 Lumber Tom Caruso, Caruso’s Cabinets Bob Yost, Dale Yost Construction Mary H. Felton, Fidelity National Title Jeff Hensley, Lake Star Building & Remodeling Chris Majzun Jr., Majzun Construction Co. Chris Majzun Sr., Majzun Construction Co. Jim Sprague, Maloney + Novotny Randy Strauss, Strauss Construction Tom Lahetta, Tom Lahetta Builders, Inc.
Randy Strauss, Strauss Construction
OHBA Past Presidents Randy Strauss, 1996
2018 OHBA Trustees Jeff Hensley, Lake Star Building & Remodeling Keith Martin, MBD Homes Tom Sear, Ryan Homes
Advertising Policy - The North Coast Building Industry Association reserves the right to reject advertising in the Builder newsletter based on content. Acceptance of advertising does not imply endorsement of the product or service advertised.
11
2018 NAHB & OHBA Directors
Sara Majzun-Garwood, BCT Alarm Services, Inc. Ashley Caruso-Noe, Caruso’s Cabinets Tyler Yost, Dale Yost Construction Michelle Nowlin, First Federal Savings of Lorain John Toth, Floor Coverings International Tim King, K. Hovnanian Homes Jack Kousma, Kousma Insulation Mark Craig, Mark F. Craig, Esq. Keith Martin, MBD Homes Linda LaFleur, RE/Max Crossroads Timothy McLaughlin, CFP®, Wells Fargo Advisors
February 2018
15 29
Spike Update
2018 NCBIA Board of Directors
4
Headshots for Charity
OHBA Alternate Trustee Liz Schneider, Dollar Bank Mary H. Felton, Fidelity National Title
OHBA Area 2 Vice-President Richard Bancroft, Bancroft Development
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page 3
A Letter from the President
by Jeff Hensley of Lake Star Building & Remodeling
o Only be undertaken after a careful consideration of the costs and benefits as well as the potential effects on small businesses.
Proud to Be in the Building Industry: Facts From the 2018 International • Housing Finance Reform. NAHB is a strong proponent of housing Builders Show finance reform that would increase the role of private capital in the U.S. Homeownership is the Foundation of the American Dream • For many people, owning a home is part of their American Dream. Homeownership builds stronger communities, provides a solid foundation for family and personal achievement and improves the quality of life for millions of people. It is truly the cornerstone of the American way of life. • Most Americans consider homeownership to be the single best longterm investment and a primary source of wealth and financial security. Countless generations of Americans have counted on their homes for their children’s education, their own retirement and a personal sense of well-being. • Yet, a home is so much more than an investment. In good times and in bad, the opportunity to own a home has been a cherished ideal and a source of pride, accomplishment, social stability and peace of mind. Homeownership is a Major Driver of the U.S. Economy • The nation’s housing and homeownership policies over the last century have contributed to the growth of the middle class and helped the United States become the most dynamic economy the world has ever seen. • Fully 15 percent of the U.S. economy relies on housing and nothing packs a bigger local economic impact than home building.
housing finance system but maintain a limited federal backstop to the nation’s housing finance system.
Federal support is particularly important in continuing the availability of the affordable 30-year fixed-rate mortgage, which has been a staple of the U.S. housing finance system. • Labor Shortage/Immigration Reform. NAHB supports comprehensive immigration reform that will:
o Safeguard our borders; o Establish a fair employment verification system; and o Create a market-based visa system that will allow more immigrants to legally enter the construction workforce as the housing industry gains momentum and the demand for workers increases.
• Environment. NAHB supports a common sense, scientific approach to safeguarding the environment that reasonably balances protection of endangered species, clean air and clean water, with the need to allow local communities to grow and thrive. Tax Reform • President Trump on Dec. 22 signed into law landmark tax reform legislation.
• Constructing 100 new single-family homes creates 297 full-time jobs, $28 million in wage and business income and $11.1 million in federal, state and local tax revenue.
• NAHB commends President Trump and members of Congress for their hard work and dedication in crafting this once-in-a-generation overhaul of the nation’s tax code. Providing tax relief for hard-working families and creating a more favorable tax climate for small business will make the economy more vibrant and competitive.
• A healthy housing industry means more jobs and a stronger economy. Home building increases the property tax base that supports local schools and communities.
• In turn, this will boost the housing sector, which represents roughly one-sixth of the U.S. economy. Housing not only equals jobs, but jobs mean more demand for housing.
• Housing, like no other sector, is “Made in America.” Most of the products used in home construction and remodeling are manufactured here in the United States.
• Throughout the tax reform debate, NAHB and our grassroots were at the forefront of the legislative process.
NAHB continues to focus on several issues, including: • Regulatory Reform. On average, nearly 25 percent of the cost of a single-family home is attributable to government regulation. Equally disturbing, the cost of regulation in the price of a new home is rising twice as fast as the average American’s ability to pay for it. NAHB firmly believes that efforts to further regulate the housing industry must: o Be subject to greater oversight o Allow for increased public participation in the process o Be based on sound data page 4
• Several meetings were held with the House Ways and Means Committee Chairman Kevin Brady, along with other committee members and staff, while builders engaged with key House and Senate lawmakers in their home districts and at their offices on Capitol Hill. • Thanks to the efforts of the entire Federation, NAHB achieved significant victories on the real estate exception to the business interest deduction, second homes, private activity bonds, the capital exclusion, and many other provisions. • Under the new law, the majority of taxpayers will receive a tax cut, including working class home owners and renters, small business owners and our members who are engaged in all aspects of the
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February 2018
Mark These Dates in Your Calendar
residential construction sector. • Lower tax rates will spur job and economic growth, and that is good for housing. Economic Outlook Looking forward, there are signs that conditions in the housing market should show continued improvement in the coming months: • While the economic recovery has been uneven, it continues to add jobs, a key driver for housing market recovery.
MAR 08 - Sales & Marketing Committee Networking Luncheon, MBD Homes (see flyer on pg 6) MAR 14 - Executive Committee 3:30 pm / Board of Directors Mtg 5:00 MAR 21 - General Membership Meeting (see flyer on pg 7) *Maria Sabala Photography will be on-site taking head shots for charity. A minimum donation of $20 is suggested. All proceeds benefit St. Jude Children’s Research Hospital. APR 25 - Elected Officials Reception (details to come) Check the website at www.ncbia.com for up-to-date changes, additions and corrections to these events!
• Low interest rates and post-bubble house prices that have settled back to normal in most of the country means that housing affordability is high in many markets. • Growing household formations, along with shortages of lots and labor, have resulted in tight housing inventories in many markets across the nation. This is just a taste of the information shared. The home building industry turned out in force for this event and I was so glad I was part of this tremendous show. Everything was great, the exhibits, informative educational programs, and I was very fortunate that I got to take advantage of this event, it was quite an experience.
NAHB Member Advantage Discounts NAHB Member Advantage gives members an easy way to reduce expenses, maximize profits and increase efficiency. Through agreements with leading national companies, NAHB offers exclusive discounts on a variety of products and services that can benefit your business, employees and family. In the past year, members have saved over $20M through Member Advantage. For the most up-to-date information about which companies are offering discounts as well as detailed information on how to access the savings, please visit www.nahb.org/ma.
Support your community. Shop local businesses.
Local business owners have been counting on Town Money Saver to help grow their businesses since 1992. We are proud to be your hometown coupon magazine.
February 2018
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page 5
CASH BAR for beer & wine!
Join us at the
NCBIA General Membership Meeting
Wednesday, March 21st, 2018 Tomʼs Country Place, 3442 Stoney Ridge Rd., Avon
4 pm
Member-to-Member Education Session. Open to All!! Hosted by 1st Option Radon Management & SafeHouse Solutions
5 pm
Including: Member Tabletops, Heavy Hors dʼouevres & Pasta Bar, Membership Drive Kickoff & Meeting of the Members
ATTN: Builder Members
Attend for your chance to win FREE MEMBERSHIP DUES for a YEAR!!!!!
Deadline for Reservations - Friday, March 16, 2017 because a Reservation Made is a Reservation PAID! Company
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CRV#:______________ Zip Code:_______________Phone: __________________
Attendee Name(s) ____________________________________
Complete Billing Address _______________________________________________
No. NCBIA Members Attending
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@
$30
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No. Non-Members Attending
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$40
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$75
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$150 _______
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___________________ Email: _____________________________________________ Name on Card: __________________________ Signature:_______________________________ A $5.00 CONVENIENCE FEE WILL BE CHARGED FOR ALL CREDIT CARD PAYMENTS
Method of Payment: ___Invoice ___Check ___Credit Card
Fax form to 440-934-1089 or mail to: 5201 Waterford Dr., Sheffield Village, Ohio 44035 or register online at www.ncbia.com Questions? Call 440.934.1090
Sponsored by:
Eye on the Economy
Eye on Housing
BY NAHB CHIEF ECONOMIST, ROBERT DIETZ
BY JING FU
Rising Rates, Higher Wages: A Counterbalance on Affordability
Job Growth in January was Solid
Last week’s labor market report, ostensibly showing positive news in the form of 2.9% year-over-year gains for earnings, increased volatility for stock prices as investors reassessed their outlook for market risk and interest rates. Wage gains are good news for rental and for-sale housing demand, but income growth without improvements for worker productivity can be inflationary.
The U.S. economy entered the New Year with a strong gain in payroll employment and the lowest unemployment rate since 2001. According to the Employment Situation for January 2018 reported by the Bureau of Labor Statistics (BLS), total nonfarm payroll employment rose by 200,000 in January and the unemployment rate was unchanged at 4.1% for the fourth consecutive month.
While inflation remains tame, it is showing signs of an increase. For example, the three-month moving average annual change of core CPI is now at 2.9%, the highest since August 2011. As a result, interest rates have increased significantly over the last month, with the 10-year Treasury bond near 2.9%. Higher rates for the 10-year Treasury will push up mortgage rates, with the 30-year fixed-rate mortgage now averaging above 4.3%. Rising rates increase the cost of buying a home with a mortgage. However, higher incomes are particularly helpful for home buyers saving for a down payment and help counter the negative effect of higher mortgage rates on housing affordability. This environment can yield overall positive outcomes for housing, provided the wage gains are accompanied by improvement for productivity in the post-tax reform economy.
Today’s release provides additional support to higher short-term rates. A previous post illustrated that employment growth directly impacts economic production and stronger growth in the actual economy would widen the output gap, actual economic growth would further exceed the economy potential rate and enlarge the positive difference between actual GDP and potential GDP. NAHB analysis has illustrated that the Fed raises its key short-term policy rate, the federal funds rate, under these conditions. Short term market rates track the federal funds rate.
At the same time, the unemployment rate remained unchanged at 4.1%. However, it remains below the Congressional Budget Office’s estimate of the long-run natural rate. While the relationship between the labor market and inflation has likely flattened, today’s release indicates that earnings growth accelerated. Although earnings growth remains below page 8
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February 2018
rates recorded 10 years ago, the higher earnings growth could accelerate inflation (and possibly personal consumption spending) which, if reflected in expectations, would push up longer term rates. The figure above indicates that growth of average hourly earnings is at its higher rate since the end of the recession. In sum, today’s release confirms that the Fed is very likely to raise the short-term policy rate and it suggests that the yield curve, the difference between longer term rates and short term rates, could steepen.
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Monthly employment data released by the BLS Establishment Survey indicates that construction added 36,000 jobs in January, the largest growth in the past ten months. Meanwhile, residential construction employment rose by 19,000 in January, after an 18,700 increase last month. The December increase was revised from its original estimate of an 18,200 increase. Residential construction employment is now 2.77 million, broken down as 772,000 builders and 2 million residential specialty trade contractors. The 6-month moving average of job gains for residential construction is 13,967 a month. Over the last 12 months, home builders and remodelers have added 88,400 jobs on a net basis. Since the low point following the Great Recession, residential construction has gained 786,000 positions. In January, the unemployment rate for construction workers rose to 5.5% on a seasonally adjusted basis, slightly higher than a 5.3% last month. After reaching a peak rate of 22% in February 2010, the unemployment rate for the construction sector has been steadily declining and remains historically low.
Households Age 55+: Worth $62 Trillion BY PAUL EMRATH Households age 55 or older earn about half of all household income in the U.S., but hold over two-thirds of the residential equity and other household wealth, according to the most recent (2016) Survey of Consumer Finances (SCF). The SCF is conducted every three years by the Federal Reserve and serves as one of the few federal sources of information on household wealth. The Fed released data from the 2016 SCF to the public toward the end of 2017.
U.S. households. This is a key driver of demand for new 55-plus housing. As previous NAHB research has shown, buyers of new homes in age-restricted communities often don’t take out a mortgage, and, when they do, overwhelmingly use equity in a home as the source of a down payment.
The recently released SCF data show that, in 2016, households age 55+ earned $6.4 trillion in income, accounting for 49 percent of the $12.9 trillion in income earned by all U.S. households.
Equity in residential property tends to be particularly important for lower-income, older households. In 2016, median net worth for households age 75+ with an income below $25,000 was $67,000. For these same households, the median share of net worth held as equity in a primary residence was 62 percent.
Older households have naturally had more time to accumulate wealth, so it should not be surprising that they hold an even larger share of the country’s net worth. In 2016, the SCF shows that households age 55+ accounted for $62.1, or 71 percent, of the total $86.9 trillion in net worth held by all U.S. households.
In short, lower-income, older households may not have much, but what they do have is concentrated in the equity they have in their homes. This is something to keep in mind when considering changes to the tax code or other policies with a potential impact on home values. For reference, table 2 on the opposite page shows the counts of households in each income and age bracket used in table 1.
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For households in general, home equity constitutes an important source of wealth, and the SCF can also be used to break this equity down by age. In 2016, the SCF shows that 55+ households held $10.6 trillion in residential equity (primary residence only), accounting for 67 percent of the $15.8 trillion total equity in primary residences for all page 10
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PAYCHEX ®
February 2018
Table 1
Table 2
HEADSHOTS for CHARITY!! At the General Membership Meeting on Wednesday, March 21st, 2018 There is no charge for headshots, but a minimum $20 donation is suggested. ALL proceeds benefit:
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February 2018
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page 11
Millennials Lead the Homeownership Resurgence
After bottoming out to a cycle low of 62.9% in the second quarter 2016,
Momentum continues to build for the housing industry, as evidenced by
gone down.
homeownership has been on an upswing largely due to an increase in
recent news from the Census Bureau regarding homeownership.
household formations. Meanwhile, the number of renter households has
In addition to the rise in household forma-
“Contrary to some analysts’ predic-
tions, ongoing economic growth is expect-
tions that the rate would fall to 61%
ed to continue boosting housing demand
or lower in the coming years, the
throughout 2018 — even despite the recent-
new [Census Bureau] estimates
ly enacted tax reform legislation that is likely
indicate it increased to 64.2% in
to hold back the growth of home prices.
2017,” said NAHB Chief Economist Robert Dietz. “The data also showed
“While it will further boost economic activity,
six consecutive quarters of gains in
the new tax law is expected to contribute to
the count of home owners, with no-
price softness in some high-cost, high-tax
table growth among those under the
markets now that deductions for income
age of 35.”
and property taxes are capped at $10,000 per year,” Dietz said.
Indeed, the homeownership rate of millennials (36%) registered the largest gains among all age groups, as noted by NAHB economist Na Zhao in a recent Eye On Housing blog post. That growth suggests millennials are increasingly recognizing the long-term benefits and value of investing in a home.
page 12
As the nation’s largest demographic group — totaling more than 90 million — millennials are poised to dominate the home buying market in the months and years ahead.
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February 2018
Most Buyers Actively Trying to Get a Home Have Been Searching for 3+ Months
Builder Confidence Stays at Strong Level in February
BY ROSE QUINT
BY ROBERT DIETZ
NAHB regularly conducts national polls of American adults and home buyers in order to understand new trends and preferences in the housing market. This is the third in a series of posts highlighting poll results, as presented during the 2018 International Builders’ Show in Orlando, FL. See previous posts on tiny homes and driverless cars.
Builder confidence in the market for newly-built single-family homes remained unchanged at a healthy level of 72 in February on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Demand conditions are positive, but supply-side construction hurdles need to be managed, as scarce labor and building material price increases remain top concerns.
A recent poll revealed that most prospective home buyers actively involved in the search for a home have been looking for a significant amount of time. In fact, 61% have been trying to find a home to buy for three months or more, while the other 39% have been looking for less than three months.
In particular, the HMI gauge of future sales expectations has reached a post-recession high, an indicator that consumer demand for housing should grow in the months ahead. With ongoing job creation, increasing owner-occupied household formation, and a tight supply of existing
The natural follow-up question to those who have been unable to find a home after searching for three months or longer is why? 42% say they ‘can’t find a home at a price I can afford,’ 36% ‘can’t find a home with the features I want,’ 34% ‘can’t find a home in the neighborhood I want,’ and 27% were able to overcome all these obstacles but ‘continue to get outbid whenever I make an offer.’
home inventory, the single-family housing sector should continue to strengthen at a gradual but consistent pace. Derived from a monthly survey that NAHB has been conducting for 30 years, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.” The survey also asks builders to rate traffic of prospective buyers as “high to very high,” “average” or “low to very low.” Scores for each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor. The HMI component charting sales expectations in the next six months rose two points to 80, the index measuring buyer traffic held steady at 54, and the component gauging current sales conditions dropped one point to 78.
This result shows there are several important reasons why prospective buyers haven’t been able to pull the trigger, but the most important one is lack of affordability – not being able to find a home at a price point they can afford.
February 2018
Looking at the three-month moving averages for regional HMI scores, the Midwest rose two points to 72, the South increased one point to 74, the West remained unchanged at 81, and Northeast fell two points to 56. The HMI tables can be found at nahb.org/hmi.
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page 13
Economic Panel Predicts Housing Will Gain Ground in 2018
On the multifamily side, NAHB is expecting multifamily starts to edge 1.6% lower this year to 354,000 units. This is a sustainable level due to demographics and the balance between supply and demand. Meanwhile home remodeling is posting strong market conditions, due in part to strong demand in the wake of the terrible hurricanes and wildfires in 2017. Residential remodeling activity is expected to register a 7% gain in 2018 over last year.
Healthy Housing Markets Delving beneath the national numbers, David Berson, senior vice president and chief economist at Nationwide Insurance, said the vast majority of local housing markets are healthy and faring well. Berson lists 324 markets as positive, 69 as neutral and just 7 as negative. While job gains, household formations and mortgage markets still look good, he noted that rapid price increases are concerning. The newly enacted tax law will create a more favorable tax climate for the business community, which should spur job and economic growth and keep single-family housing production on a gradual upward trajectory in 2018, according to economists speaking today at the International Builders’ Show in Orlando. “We expect that tax reform will boost GDP growth to 2.6% in 2018, and this added economic activity will also bode well for housing, although there will be some transition effects in high-tax jurisdictions,” said NAHB Chief Economist Robert Dietz. “Ongoing job creation, expected wage increases and tight existing home inventory will also boost the housing market in the year ahead.”
Comparing current conditions with the housing boom a decade ago, Berson noted that the market is supply constrained today, but wasn’t during the boom. And mortgage credit, while more readily available than just a few years ago, remains far limited relative to the market peak in 2007. While he anticipates a slightly more rapid rise in mortgage interest rates this year, Berson said it should not hurt housing activity. “Mortgage rates are expected to rise from 4% to 4.5% by the end of year,” he said. “However, housing demand remains strong and wages are solid, and this will more than offset the negative effects from rising rates.”
However, builders will continue to deal with ongoing supply-side headwinds this year that will dampen more robust growth. These factors include an increasing number of unfilled construction jobs, a shortage of buildable lots and a slow growth in acquisition, development and construction loan activity that is failing to keep pace with rising demand.
Home Prices Up, Affordability Down
In addition, regulatory costs stemming from building codes, land use, environmental and other rules have jumped 29% in the past five years, significantly impacting housing affordability. The ongoing U.S.-Canada softwood lumber trade dispute is further exacerbating the situation, as the price of softwood lumber has increased 20% from a year ago.
Like Berson, Nothaft expects that the benchmark 30-year fixed-rate mortgage will average 4.5% by the end of the year.
The Forecast As the economy continues to strengthen, NAHB projects: • 30-year fixed-rate mortgages will average 4.31% in 2018 and 4.82% in 2019. • 1.21 million total housing starts in 2018 and overall production to grow an additional 2.7% to 1.25 million units. • Single-family starts to rise 5% in 2018 to 893,000 units and increase an additional 5% to 940,000 next year. Setting the 2000-2003 period as a benchmark for normal single-family housing activity when single-family production averaged 1.3 million units annually, single-family starts are expected to gradually rise from 63% of what is considered a typical market in the third quarter of 2017 to 73% of normal by the fourth quarter of 2019.
page 14
CoreLogic Chief Economist Frank Nothaft also expects mortgage interest rates and home prices to post moderate increases in 2018, which in turn will lessen housing affordability.
“Higher rates are not just a gradual erosion of affordability, but also impact owner mobility,” said Nothaft. “That has implications on the overall inventory for sale. Supply has been tight and for-sale inventory will continue to remain tight.” The ongoing tight inventory in the housing market will cause home and rent price growth to outpace inflation, he added, with nationwide home prices rising an average of 5% and rental prices posting a 3% increase. The biggest growth for new home sales are occurring in the South and West, where many of these metro areas benefit from solid job growth, relative affordability and favorable weather. Nothaft listed Houston, Dallas, San Antonio, Austin Phoenix, Atlanta and Charlotte as the top seven major markets in terms of new home sales. Meanwhile, he reported that overall mortgage delinquency and foreclosure rates are at their lowest levels in more than a decade, but that is a different story for markets pummeled by last year’s devastating hurricanes. “Houston’s delinquencies almost doubled year-over-year, and that is due almost entirely to Hurricane Harvey,” said Nothaft.
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February 2018
Thank You for Renewing Your Membership Dave LeHotan, All Construction Services Rich Roskoph, Citizens Bank Chris Igielinski, Henkel Corp. Bill Comerford, Hovey Kaiser Insurance Associates
To:
Craig Snodgrass, Lorain County Auditor
All Members and Executive Officers
Paul Roeder, Wm. Dauch Concrete Co., Inc.
From: NAHB Chairman Randy Noel
Tom Sear, Ryan Homes
Re:
Joe Yuhasz, Yuhasz Builders, Inc.
Special Tax Reform Webinar on March 5
As you know, the landmark tax reform legislation that took effect Jan. 1 created significant changes in the tax code that will affect the housing industry and our small business members. To help you understand how these changes could impact your business, NAHB is providing a members-only webinar, Tax Reform and Your Bottom Line, at 1 p.m. ET on March 5. The webinar will feature NAHB tax experts and outside tax counsel who will focus on the specific changes that will most directly impact small businesses, including the 20% pass-through deduction, limitations on the business interest deduction and new depreciation guidelines. Members will have the opportunity to ask questions during the webinar. If you are not able to join the webinar, a replay will be posted on nahb. org. Register for the March 5 webinar at nahb.org/taxwebinar. (log-in required) NAHB remained actively engaged throughout the tax reform debate and fought hard to ensure that our industry’s priorities were addressed. As the implementation of the law begins, we will continue to work on behalf of our members and update you as more information becomes available. You can learn more about the new tax law, and NAHB’s influence during the legislative process, at nahb.org/taxreform.
February 2018
Welcome New Members Jen Toth, Floor Coverings International 440-933-0006 jen.toth@floorcoveringsinternational.com Sponsored by: John Toth, Floor Coverings International Annette Pisco, Howard Hanna 216-410-1468 annettepisco@gmail.com Sponsored by: Mary H. Felton, Fidelity National Title Joe Work, Seasonal Yard Works 440-934-WORK joeworksyw@yahoo.com Sponsored by: John Toth, Floor Coverings International Peggy Paulick, WOBL WDLW Radio 440-774-1320 paulick_p@yahoo.com Sponsored by: Sara Majzun -Garwood, BCT Alarm Services, Inc.
Sorry to See You Go Rob Moore, Alside Supply Company Dan Barnes, Dan Barnes Roofing Ed Pavicic, EFG Custom Homes Bryan Szczenpanski, Family First Fire Protection Harry Azzano, Jr., Freedom Mortgage Pat Graham, GCS Electric Jonathan Miller, Howard Hanna
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page 15
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“The Wisest Mind Has Something Yet to Learn.” ~George Santayana The calendar tells us that Spring is about one month away; hopefully, that thought and maybe a few days of sunshine can help you push through the rest of February. With Spring comes several excellent opportunities to refresh your knowledge of workers’ comp or learn some new cost control strategies for your business. Or, perhaps there is someone new at your company who could benefit from “Workers’ Comp 101”. No matter the reason, I hope you’ll take advantage of one or more of the upcoming educational events. Important dates and deadlines:
March 30, 2018 o Deadline to complete the DFSP annual report for the preceding 7/1 program start date. o Last date to request a change in your estimated annual payroll exposure for policy year 2017 (7/1/17-6/30/18). o Last date to request a change in your installment payment plan schedule for policy year 2017. o Deadline to complete the One Claim Program (OCP) program education requirement. o Deadline to complete the EM cap program requirements.
Potential Changes to Remaining 2017 BWC Premium Installments: A number of employers’ BWC premium installment invoices were recently adjusted by the BWC. The adjustment increased the remaining installment payments for the current July 1, 2017 rate year. The reason being that when BWC initially calculated the July 1, 2017 rate year premium installments, they were based on the July 1, 2015 rate year payroll. Recently, the BWC compared the July 1, 2015 rate year payroll with the actual July 1, 2016 rate year payroll (which was reported in the August 2017 True Up.) If there was a large increase in the July 1, 2016 payroll, the BWC adjusted the remaining installments for the current July 1, 2017 rate year. The BWC’s goal is to deter employers from having a large True Up at the end of the current rate year. In the last few days, BWC has sent letters to those impacted employers, explaining the change to the remaining premium installment payments . CareWorksComp Seminars: Please mark your calendar to attend one of our half-day workers’ comp seminars this April. We will be presenting our Cost Control Seminars around the state:
• April 17, 2018 – Columbus • April 18, 2018 – Cleveland • April 26, 2018 – Cincinnati
Please see the attached registration form for additional details and to register to attend. As always, attendance at the seminars will fulfill the BWC Two-Hour Group Safety Training Requirement. BWC’s Ohio Safety Congress & Expo: The BWC Safety Congress & Expo takes place in less than a month, March 7-9, at the Greater Columbus Convention Center. There will be a Products and Services Marketplace, many educational sessions and lectures, which are all free of charge and are a terrific way to learn what’s new in the world of safety. If you’d like to register, it’s not too late! You may do so at https://bwc.expoplanner. com/content/osc18/Register/. You’ll need your BWC policy number handy when you do. (If you need assistance registering you may also call 614.466.7695.) Please stop by to visit CareWorksComp in booth #208 and RiskControl360° in booth #108! Additional 2-Hour Training Options: CareWorksComp is offering Two additional training sessions to fulfill the BWC Two-Hour Group Safety Training Requirement. The registration material is attached with this email, and these will be hosted in Bowling Green on 3/13/18, and Dublin on 6/5/18. Posting Requirements for OSHA: OSHA reminds employers of their obligation to post a copy of OSHA’s Form 300A, which summarizes jobrelated injuries and illnesses logged during 2017. Each year, between February 1 and April 30, the summary must be displayed in a common area where notices to employees are usually posted. Businesses with ten or fewer employees and those in certain low-hazard industries are exempt from OSHA recordkeeping and posting requirements. Visit OSHA’s Recordkeeping Rule webpage for more information on recordkeeping requirements. February 2018
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Executive Officer’s Report
free legal help.
by Judie Docs, CSP, MCSP, MIRM, CMP, CGP
Membership 101 The North Coast Building Industry Association (NCBIA) is dedicated to the advancement of the building industry, its members and the communities it serves. NCBIA is a professional association that represents and protects the interests of the building industry in Erie, Huron and Lorain counties. Associations are stronger than ever, and so is the NCBIA! By being an active member, you not only get member-only perks and networking opportunities - - you get a whole lot of exposure for yourself and your company. Being involved in a committee is an important part of the NCBIA – it is the workforce of the association. We are built on a system of committee actions that form the real world of our members. Committees bridge the gap between leadership and members. They involve and serve members, as well as mentor future members. They grow and strengthen the association, as well as the members (personally and professionally); give a sense of professional community; enhance collaboration, problem solving and communication skills. Please consider volunteering for one of our committees and make your membership work for you! Send an email to me, judie@ncbia.com, with your request for committee involvement. Remember if you have not logged into ncbia.com and set up your profile, or update – Please do so! This will ensure everyone has access to complete and accurate information. Completing your profile is critical to gaining increased visibility and exposure! If you need your username and password, please contact the NCBIA office at 440-934-1090.
6. Education & Training. Continuing education is important for every professional. Your NCBIA membership helps keep you informed on many valuable topics at events and classes held throughout the year, which are presented by the Sales & Marketing Committee. 7. Referrals. It is the association’s policy to provide the names of member firms when requests are received for products and/or services. NCBIA members do business with other NCBIA members because they know they have been recommended by other members as quality craftsman and business people. 8. Membership Identification. All members are encouraged to display their NCBIA membership certificate and use the NCBIA logo in their place of business, on vehicles, business cards, advertisements and throughout their company website. 9. BUILDER Newsletter. It contains industry news, legislative updates, a calendar of events, membership profiles, committee updates and more. It is published electronically at ncbia.com. 10. NCBIA Website. Members can keep up-to-date with announcements, meetings, events and activities through our online calendar. NCBIA members can also register for any activities or events in their own personal online profile. Please contact Judie Docs for more information. 11. Affiliate Members. All company members are encouraged to enroll additional employees who will also receive some of the same great benefits as the primary member at the reduced membership fee of only $99. Affiliate members receive all benefits of membership, except they cannot hold office at the national level. If you have any questions about membership, including benefits and discounts please give us a call at 440-934-1090. We are here to help - - - Come Build with Us!
Membership Benefits (Just a Review) 1. Three memberships in one! NCBIA members are automatically enrolled as members in the Ohio Home Builders Association (OHBA) and the National Association of Home Builders (NAHB). Each association offers extensive benefits that enhance your NCBIA membership. 2. Legislative Strength. NCBIA monitors legislative activities, both on the local and the state level. Ohio Home Builders Association legislative updates are available on our webpage at ncbia.com under Government Affairs. The association keeps local governmental officials apprised of the industry’s position on issues and keeps its members informed about pending governmental action through our Codes Committee. NCBIA is here to protect our industry from over-government. 3. Marketing Opportunities. Inclusion in the Membership Directory and Consumer Guide and listing on the NCBIA website are valuable reference guides for the public. We offer advertising opportunities in the BUILDER newsletter and membership directory, event programs, e-Update, etc. Participation and sponsorship opportunities at the Annual Golf Classic, Clambake, Virtual Parade of Homes, Home Show, three general membership meetings and much more. 4. Business Contacts. NCBIA offers a variety of opportunities to network within the building community - meet the competition and make new contacts. 5. Financial Benefits. NCBIA members enjoy the advantage of group plans including workers comp group programs, Verizon and Speedway’s discount fuel program, GMAC, Chrysler, Dodge, Fiat and Jeep $500 Vehicle Discount and many other discount programs. NAHB provides page 20
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February 2018
Send Me Your Blog!
member of the NCBIA, you are also a member of the NAHB which is chock full of quality content THAT YOU CAN USE! You don’t have to reinvent the wheel.
BY MARIA SABALA, NCBIA MARKETING ASSOCIATE What Is a Blog? While blogs began as a personal online diary of sorts, a “web log,” they have been adopted by many businesses and marketers as a communication tool to educate and communicate with customers or potential customers. Using blogs as a business helps to position you as an expert in your industry. But what is the difference between a blog and a website? The biggest difference is that blogs are updated regularly. You can share industry news, local news, seasonal tips and tricks, or expert advice, in real time. Blogs also allow for engagement with your audience. Interact with your readers through comments and join in the conversations they are already having. In short, become a part of their day-to-day life! An added benefit of blogging is that it will boost your SEO. Search engines love new content and blogging does just that. Aim to post once a week or every other week. Make sure you put it in your calendar and don’t miss a post! Your readers will begin to expect articles from you when you post regularly and keeping them on a schedule will help you to stay top of mind to your target market. How do you come up with content? Content can be one of the biggest hurdles to blogging for many people, but it doesn’t have to be! As a
Executive VP Column ADVOCACY AND ASSOCIATIONS For more than 40 years I have been involved at the highest level with both not for profit management associations and legislative advocacy. Without question, both areas mentioned are commonplace in all of the thousands of not for profits across the country. Such entities are created for specific purposes. These entities are obligated to devote their efforts to the specific areas outlined in their corporate documents. OHBA has been around for more than 60 years as has our federation leader the NAHB. We serve the housing construction industry. We both are not for profit corporations as are Ohio local associations. Common amongst us is to promote and protect our members, our industry and our eventual customers, from onerous and unreasonable government imposed regulations. I know associations are involved in many activities attempting to encourage members of the industry to join. Many of the activities engaged in are fun and useful, especially the education efforts which promote professionalism. I challenge any one to match our investment in promoting high quality construction techniques. We are the main group in promoting affordable housing construction on many fronts. Our industry members benefit greatly from our efforts. Enough said. Now for the real power of our affiliation; advocacy. If you attended the NAHB convention it was clear; the challenges in the recent federal tax debate was all consuming. Why? Because it would impact every one of us negatively. This is where the value of effective advocacy is realized. After hours of effort, the final result was a victory for the association and the industry. And what was mentioned in just about every discussion at
Keep in mind it takes time to build a blog. Your audience will need time to find you. It won’t happen overnight. But it is relatively easy when you reuse content from the NAHB and it’s affordable. If you don’t have the time to start and maintain a blog, consider hiring out the general tasks associated with a blog and reaping the benefits as a leader in your industry. A virtual assistant who is skilled at maintaining blogs can help you get a leg up on the competition. In the meantime, you can also start as a guest blogger on the NCBIA blog. We post once a week on the blog and you can help add to our collective knowledge with your own blog post. Use the same article to start your own blog! Visit the NCBIA blog at www.ncbia.com and click on Industry News. The NCBIA will be accepting one guest blog post per week. Please send your articles and questions to Maria Sabala at maria.sabala.ncbia@gmail.com.
every meeting was the great success of the advocacy efforts put forth. Why, it was a major victory and that is exactly what the association is committed to, effective advocacy. That is the purpose of OHBA as well as NAHB.
by Vincent J. Squillace, CAE, OHBA Exec. VP
February 2018
Another source of content is joining the conversation your readers are having in your comments! What are they talking about? What problems do they need help with? How can you help them?
The value produced in that victory rivals any other perceived value of the associations’ endeavors. In my view, it is exactly what our committed members want from our association and deserve. Effective advocacy is the soul of our association. Kudos to NAHB its staff and officers.
OHBA 17 S. High St., Suite 700 Columbus, OH 43215 (800)282-3403 build@ohiohba.com Please see letter on the following page submitted to Speaker Rosenberger and the members of the Ohio House of Representatives urging the passing of HB 371. There is a possibility the bill will be up for a vote by the full House during session on Wednesday, 2/28. Included below is a link to find and contact your Representative urging support for Hb 371. Feel free to contact OHBA with any questions. https://www.legislature.ohio.gov/legislators/find-my-legislators Kristen Klaus Sours, Esq. Director of Government Affairs Ohio Home Builders Association 17 S. High St., Suite 700 Columbus, OH 43215-3441 Phone: (614) 228-6647 Fax: (614) 228-5149 kklaus@ohiohba.com
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To: Speaker Cliff Rosenberger, Ohio House of Representatives From: Vincent Squillace, Executive Vice President, Ohio Home Builders Assn. Date: February 13, 2018
Re: HB 371 Exempt increased value of subdivided land until building starts (Merrin) The Ohio Home Builders Association supports HB 371 and encourages you to support it when it reaches the floor. When the bill was presented to the Ways and Means Committee, Representative Merrin presented facts to the committee clearly demonstrating the woeful state of the home construction industry in Ohio. In fact, housing starts in Ohio rank near the bottom of all states, as does our starts per capita. This impacts Ohioans in many ways. As housing starts have been at such a low level, developed lots have dropped to low levels, as well. This exacerbates the availability of housing choice which can lead to increased costs for consumers who want to buy a home. Also, lack of availability impacts economic development efforts in areas trying to grow. The most affected group suffering from lack of housing is the aging population where suitable housing choice is slim. The first obstacle to creating housing stock is land development. In slower growing regions the risk is high, as demand is low. This hampers development in those areas. HB 371 is designed to limit valuations of lots until the lot is sold or construction begins. This is fair, as little impact is felt by the community until this occurs. Developers, in many areas of Ohio, have found lot valuations soaring during the development stage. This inequity needs to be remedied in a fair manner, as the bill suggests. In slow growing areas HB 371 incentivizes development, as the purchase of the lots may take years. We strongly support and wholeheartedly feel the bill addresses a needed area of reform which will improve Ohio’s aging housing stock and promote affordability.
CC: Members of the Ohio House of Representatives
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February 2018
NAHB Seeks Nationwide Injunction on WOTUS Rule NAHB joined a broad coalition of farmers, miners and foresters Feb. 7 to ask the U.S. District Court in Texas to issue a nationwide preliminary injunction prohibiting the federal government from enforcing or implementing the 2015 WOTUS rule, which defines the extent of the Environmental Protection Agency and Army Corps of Engineers’ regulatory jurisdiction under the Clean Water Act. The rule has been stayed since October 2015 when the Sixth Circuit issued a nationwide injunction that kept the EPA from enforcing the rule and allowed the 1986 definition to remain in effect. Then in September 2015, the District Court in North Dakota enjoined the rule from taking effect in 13 states. Both courts ruled that allowing it to come into force and effect would cause irreparable injury to regulated entities, including home builders. After the Supreme Court’s January decision holding that only the district courts have jurisdiction to hear challenges to the rule, NAHB and its coalition partners believed it was imperative to obtain a nationwide injunction. The coalition motions explain that the WOTUS rule is likely unlawful for three reasons. • EPA and the Corps violated federal regulations regarding appropriate notice and comment, putting at a disadvantage the builders, miners and farmers directly affected by the rule.
• The rule is inconsistent with the language in the Clean Water Act (CWA)and scientific evidence, making it “arbitrary and capricious,” the motion says. “In its most recent CWA cases, the Supreme Court could not have been clearer that the word ‘navigable’ continues to have meaning under the CWA, and yet the WOTUS rule asserts jurisdiction over countless isolated waters and desiccated land features.” • The rule is unconstitutionally vague because it does not provide fair notice to the regulated community and allow regulators to act in arbitrary and discriminatory ways. “The definition of ‘ordinary high-water mark,’ for example, turns on factors like ‘changes in the character of soil’ and ‘presence of litter and debris’ and allows bureaucrats to rely on whatever ‘other . . . means’ they deem ‘appropriate’ in deciding when a high-water mark is present and where it lies,” the motion says. “Plaintiffs and their members must be able to plan their operations often years in advance of beginning projects and putting employees to work,” the motion says. “Such planning requires, first and foremost, stable and predictable legal rules—and that much-needed stability and predictability will undeniably be absent if the definition of ‘waters of the United States’ is constantly changing with every court decision on every challenge to every intervening rulemaking. It is no exaggeration to say that billions of dollars and many thousands of jobs hang in the balance.” For additional information, contact Tom Ward at 800-368-5242 x8230
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5% Credit Disclosure: *Subject to credit approval. Get 5% off your qualifying purchase or order charged to your Lowe’s Business Rewards Card from American Express, Lowe’s Business Account or Lowe’s Accounts Receivable. Valid for purchases in US stores, on Lowes.com and LowesForPros.com. Customer must pay applicable sales tax. 5% discount will be applied after any other applicable discounts. Offer can’t be combined with other credit-related promotional offers. Can’t be used in conjunction with: any coupon; Lowe’s military discount; Lowe’s employee discount; Lowe’s low-price guarantee; Lowe’s volume or special discount programs such as, but not limited to “QSP”; manager discretion price adjustments; contractor packs; or any other offer which expressly states it can’t be combined with any other discount credit offer. Can’t be used in conjunction with the following products and/or services: extended protection/replacement plans; shipping, delivery or assembly charges; fees or taxes; gift cards; Dacor, ICON, Fisher & Paykel, Monogram, Smeg or Liebherr appliances (some brands not available in all markets/stores); or Weber or Kichler products. Excludes all Lowe’s Canada Credit products. We reserve the right to discontinue or alter these terms at any time. +2% Credit Disclosure: **Cannot be combined with any other statement discount. To be eligible for the 2% discount, you must register your National Association of Homebuilders affiliation and Lowe’s Accounts Receivable (LAR) or Lowe’s Business Account (LBA) account per the instructions provided, make a purchase with your LAR or LBA account by 12/31/18 and comply with all terms and conditions of your LAR or LBA account. Allow one to two complete billing cycles for your registration to be processed and for your discount to appear on your billing statement. 2% discount will be automatically deducted from your statement at billing (discount will not take effect until Synchrony Bank fully processes your account registration). Excludes Lowe’s Consumer Credit Card, Lowe’s Visa® accounts, Lowe’s Business Rewards Card from American Express and all Lowe’s Canada Credit products. Account must remain open, be in good standing and not become delinquent at the time the statement credit is applied.
Photo Gallery -- Home & Remodeling Show
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February 2018
NEW HOME BUYERS LIMITED WARRANTY BOOKS NOW AVAILABLE Warranty book Updated and Available FOR ONLY $20 EACH! In a binder so you can include other walkthrough documents, warranties, etc.
Email your order to judie@ncbia.com or call the NCBIA Office at (440) 934-1090 February 2018
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THANK YOU SPIKES!
STATESMAN SPIKE (500-999 SPIKE CREDITS) Bob Yost.......................Dale Yost Construction............................ 606.25 SUPER SPIKE (250-499 SPIKE CREDITS) Mary H. Felton...........Fidelity National Title............................. 371.00 Terry Bennett...............Bennett Builders....................................... 297.75 ROYAL SPIKE (150-249 SPIKE CREDITS) Jack Kousma...............Kousma Insulation................................... 234.00 Chris Majzun Jr. .........Majzun Construction............................... 229.00 Bill Perritt....................Perritt Building Co................................... 220.50 Bucky Kopf..................Kopf Construction Corp......................... 190.00 Randy K. Strauss........Strauss Construction............................... 175.00 Bill Comerford............Hovey Kaiser Insurance Associates...... 173.50 Jeff Hensley.................Lake Star Building & Remodeling......... 162.25
Chris Mead..................Maloney & Novotny, LLC...................... 64.00 Aaron Kalizewski.......Grande Maison Construction................. 57.50 Ray Allen Thom..........Thom Concrete ........................................ 51.50 LIFE SPIKE (25-49 SPIKE CREDITS) Jason Scott...................North Star Builders.................................. 44.00 Steve Schafer...............Schafer Development.............................. 30.50 Jeremy Vorndran........84 Lumber................................................. 31.50 John Daly.....................Old Republic Title.................................... 25.50
BLUE SPIKE (6-24 SPIKE CREDITS) Liz Schneider..............Dollar Bank............................................... 18.50 Jason Higgins..............Sunnyside Chevrolet............................... 14.00 Ken Cassell..................Cassell Construction................................ 13.50 Michelle Nowlin.........First Federal Savings of Lorain.............. 13.00 Chris Collins...............Carter Lumber Company....................... 12.50 RED SPIKE (100-149 SPIKE CREDITS) Tom Lahetta................Tom Lahetta Builders.............................. 1398.00 Tom Ostrander............84 Lumber Co........................................... 11.50 Chris Majzun Sr..........Majzun Construction............................... 101.00 Tami Lanphere............Town Money Saver.................................. 10.50 Jeff Lugar.....................ABC Supply Co........................................ 10.00 GREEN SPIKE (50-99 SPIKE CREDITS) Keith Martin................MBD Homes............................................. 9.00 Patrick Shenigo...........ShenCon Construction, LLC.................. 96.50 Mike Warden...............Chemical Bank......................................... 6.50 Thomas Caruso...........Caruso’s Cabinets.................................... 91.75 John Wargo..................Mason Structural Steel............................ 6.50 Tom Sear......................Ryan Homes............................................. 91.25 Mike Lapos..................Lapos Construction................................. 75.50 Our SPIKES are Our Sara Majzun- Garwood.... BCT Alarm Services................................. 72.00
FOUNDATION
AUTO
INSURANCE MADE EASY. NATIONAL ASSOCIATION OF HOME BUILDERS members could save even more on car insurance with a special discount from GEICO. Contact us today for your free quote!
geico.com/disc/nahb 1-800-368-2734 Some discounts, coverages, payment plans and features are not available in all states or all GEICO companies. GEICO contracts with various membership entities and other organizations, but these entities do not underwrite the offered insurance products. Discount amount varies in some states. One group discount applicable per policy. Coverage is individual. In New York a premium reduction may be available. GEICO may not be involved in a formal relationship with each organization; however, you still may qualify for a special discount based on your membership, employment or affiliation with those organizations. GEICO is a registered service mark of Government Employees Insurance Company, Washington, D.C. 20076; a Berkshire Hathaway Inc. subsidiary. GEICO Gecko image © 1999-2016. © 2016 GEICO
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Lot for Sale
Orchard Hill Subdivision, Lorain 70’ x 140’ Amherst School District $34,900 Contact: Terry Murello 440-935-0410 www.ncbia.com
February 2018
FCA US LLC
A Great Offer for NAHB Members FCA US LLC is pleased to announce a special $500 cash allowance toward the purchase or lease of many of the most popular vehicles in our lineup. Between Chrysler, Dodge, FIAT®, Jeep® and Ram®, there’s something for everyone. NAHB members and their employees can combine this stackable $500 cash allowance with most current retail incentives and choose an On The Job program allowance. Plus, same household family members receive a $500 cash allowance, stackable with most local and national retail incentives, toward the purchase or lease of a vehicle. NAHB member business owners and their employees also receive On the Job program benefits. These benefits include:
• No-Extra-Charge-2-Year Gas/Diesel Lube-Oil Filter Allowance • Up to $1,000 Commercial Graphics Program Allowance • Up to $1,000 Commercial Equipment/Upfit Allowance • $300-$1,000 Allowance on Select Mopar® Service Contracts
Redeem this offer today! Here’s How: When you’re ready to make a purchase or lease, follow these simple steps to ensure you’ll receive all your member benefits:
1. Shop the eligible FCA US LLC vehicles online or at any Chrysler, Dodge, FIAT®, Jeep®, or Ram® dealership
2. Working with the dealership salesperson, make your best deal – combining applicable local and national retail incentives and special programs.
3. Inform the dealer and provide proof that you are a NAHB member, or you are employed by or an immediate family member of a NAHB member to receive an additional NAHB $500 member cash allowance. Simply use the “Print my Proof of Membership” button above and take that form to the dealership.
Eligible 2018 Model Year Vehicles • Chrysler*: Pacifica*, 300/300C Sedan* • Dodge: Journey*, Grand Caravan (excludes American Value Pkg.)*, Challenger*, Durango (excluding SRT)+, Charger (excluding SRT)+ • Jeep®: Grand Cherokee (excludes SRT)+, Cherokee*, Renegade*, Compass* • Ram®: 1500/2500/3500 pickups (all cabs)+, 3500/4500/5500 (chassis cabs)+, ProMaster Van+, ProMaster City+ • FIAT®: 500L* * Purchase only + Lease only
Eligible 2019 Model Year Vehicles
• Chrysler*: Pacifica*, 300 • Dodge: Journey*, Grand Caravan (excludes American Value Pkg.)*, Challenger*, Durango (excluding SRT)+, Charger (excluding SRT)+ • Jeep®: Grand Cherokee (excludes SRT and Trackhawk)+, Cherokee*, Renegade*, Compass* • Ram®: 1500/2500/3500 pickups (all cabs)+, 3500/4500/5500 (chassis cabs)+, ProMaster Van+, ProMaster City+ • FIAT®: 500L*
* Purchase only + Lease only
Download detailed 2018 and 2019 Eligible Vehicle List at nahb.com. Ineligible trim/models include: SRT, American Value, Base model Ram vehicles and Chrysler 200 LX. This offer is available to eligible NAHB members, their owners and employees, and eligible family members residing in the same household. This offer provides a $500 cash allowance towards the commercial purchase or lease of select new 2018 and 2019 Chrysler, Dodge, FIAT®, Jeep® or Ram® vehicles that are delivered by 01/02/2019 and is not valid on prior purchases. On the Job (OTJ) incentives vary depending on model of commercial truck chosen and are not available to family members. See dealer for allowance and OTJ incentive details and eligibility requirements. ©2018 FCA US LLC. All Rights Reserved. Chrysler, Dodge, Jeep and Ram are registered trademarks of FCA US LLC. FIAT is a registered trademark of FCA Group Marketing S.p.A., used under license by FCA US LLC.
We’re in the offering NAHB members up to $1,000 business.
2017 Chevrolet Low Cab Forward 3500HD
2017 Chevrolet Silverado 2500HD
2017 GMC Sierra 1500
2017 Chevrolet Express 2500 Cargo Van
NAHB MEMBERS BENEFIT FROM THESE SPECIAL OFFERS. Members of the National Association of Home Builders (NAHB) can now enjoy a private offer1 of up to $1,000 toward the purchase or lease of most new Chevrolet, Buick and GMC vehicles. Choose an eligible vehicle at your local dealer and present your NAHB proof of membership. You can add on incentives from the National Fleet Purchase Program2 and Business Choice3 to get the best value on vehicles that run your business. For private offer details, visit nahb.org/gm.
Example offer for NAHB members who are business owners purchasing a 2017 Chevrolet Express 2500 Cargo Van. Up to
$1,000 Private Offer1
Up to
+
$4,000
National Fleet Purchase Program (FVX)2
Up to
+
$1,200
Eligible Accessory Cash Allowance3,4
Up to
=
$6,200 In Potential Value
1 Private offer amount varies by model. Up to $500 offer for retail deliveries and up to $1,000 offer for fleet deliveries. Valid toward the purchase or lease of eligible new 2016 and 2017 model year vehicles. Customer must take delivery by 1/2/18. Not compatible with other private offers. Not valid on prior purchases. Compatible with many current incentives. Incentives are subject to change without notice. Offer excludes Chevrolet Bolt, Camaro, Chevy SS, Corvette, Sonic, Spark, Trax, Volt, Buick Cascada, Lacrosse, Regal, Verano and all Cadillac vehicles. Additional GM models may be excluded from time to time at GM’s sole discretion. See dealer for details. 2Offer available to qualified fleet customers. Not compatible with some other offers. Take delivery by 12/31/17. See dealer for details. 3To qualify, vehicle must be used in the day-to-day operations of your business and not solely for personal/non-business-related transportation purposes. Must provide proof of business. For complete program requirements, including information regarding offers, vehicles, equipment, options, warranties, and ordering, consult your dealer or visit gmbusinesschoice.com. Take delivery by 1/2/18. 4 Not eligible on associated accessories from third-party independent suppliers. Not available with some other offers. Take delivery by 1/2/18. See dealer for details. ©2017 General Motors, LLC. All rights reserved. The marks appearing in this ad are the trademarks or service marks of GM, its subsidiaries, affiliates, or licensors.
SEE WHAT'S TRENDING In Kitchen and Cabinet Design
www.Sims-Lohman.com Sims-Lohman Fine Kitchens and Granite specializes in being a reliable partner to industry professionals. Custom and Production builders, Contractors, Interior Designers and Architects. Our state-of-the-art process allows home owners to choose from trending cabinet designs and FAST granite countertop installation. Call us today for a consultation! 5240 Detroit Rd., Elyria, OH 44035 • 440.934.1751 4101 East Royalton Rd., Broadview Heights, OH 44147 • 440.717.9500 34601 Ridge Road, Unit 9B, Willoughby, OH 44094 • 440.373.1195