www.hbafortwayne.com Impact is published 12 times a year and is sent to all members in good standing. HBA membership is open to all builders and businesses who benefit from new residential construction in northeastern Indiana. Subscription to Impact is included in your membership dues. Advertising space in Impact is open to HBA members only and can be obtained throughout the year.
HBA Staff
Maurine Holle, Executive Director
Michelle Hoover, Services Director
Tax Ruling—Lobbying expenses are no longer deductible as a Business
Expense. When you calculate your business deduction for your Association Dues, you must subtract $19.92 of NAHB’s $166 Dues (12%) and $8.00 of
IBA’s $160 Dues (5%) as nondeductible.
2014 HBA Executive Officers
President – Tamra Stier
Rockfield Development Corp.
Vice President – Gregory Gerbers
The DeHayes Group
Treasurer – Justin Berger
Fort Wayne Habitat for Humanity, Inc.
Secretary – Orrin Sessions
Emanco Incorporated
Immediate Past President – Charlie Giese
Westport Homes of Fort Wayne, Inc.
2014 HBA Board of Directors
Barclay Allen, Timberlin Homes, LLC
Josh Barkley, Barkley Builders, Inc.
Kevan Biggs, Ideal Builders
Jeff Bushey, Bushey’s Windows, Doors & Sunrooms
Duane Kees, Quality Crafted Homes, Inc.
Brad Lombard, Carter Lumber
Greg Roberts, Donovan Engineering, Inc.
Jessica Scheurich, Keller Development, Inc.
Ryan Schiltz, 3 Rivers
Mike Smith, Monsma Marketing Corporation
Steve Thompson, Wayne Kitchen & Bath Works
Rob Wacker, Windsor Homes by Jeff Gilmore
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Developers are selling lots, Builders are breaking ground, Associates are selling products and Clients are excited about their new homes!! We want to continue to sell more homes so please urge your senators to support S. 1217, the Housing Finance Reform and Taxpayer Protection Act of 2014.
This would provide stability to the marketplace and expedite the housing recovery, plus allow countless creditworthy buyers who are currently unable to access mortgage credit to obtain home loans. This would be particularly helpful to first-time home buyers and younger households, who are hurt by today’s tight credit environment. Moreover, S. 1217 would: Ensure that 30-year fixed-rate mortgages remain readily available and affordable. Encourage more thorough, consistent and responsible mortgage underwriting. Increase private capital in the marketplace. Protect American taxpayers. Take action and write your senators here: http://capitolconnect.com/builderlink/ Reminder: Check out & share the information on the IBA Fully Insured Health Insurance Program. Contact our approved agent, Greg Gerbers 260-969-1317 I was disappointed not being able to attend the Summer Golf Outing but I heard it was a great time. Thank You to Cedar Creek, all the team players, sponsors and to the ones who donated door prizes! Your participation is what makes our events profitable! Our next fun event is the HBA TinCaps Game Thirsty Thursday, August 7th @ 6:00pm and Game at 7:05pm. Tickets are running out, so make your reservations by calling the HBA Office 260-420-2020 It is great to have a dream but adding faith, determination and perseverance to the mix makes your dream reality! Respectfully, Tamra Stier, President
Gregory Gerbers / The DeHayes Group —1 Tamra Stier / Rockfield Development Corp. — 1
Ric Zehr / The North Eastern Group — 1 Steve Thompson / Wayne Kitchen & Bath — 1
FREE CONTRACT DOCUMENTS
Contract Documents and related forms are now available on the HBA Website.
Please call the HBA Office
(260) 420-2020 if you have any questions.
www.hbafortwayne.com
J U L Y 2 0 1 4 C A L E N D A R O F E V E N T S
July 1 — 7:30 am HBA Executive Board Meeting—Sunrise Café
July 1 — 8:00 am New Member Breakfast—Sunrise Café
July 2 — 4:00 pm Program Committee Meeting
July 4 Happy 4th of July—HBA Office Closed
July 8 — 7:30 am HBA Board Meeting—HBA Office
IMPACT NEWSLETTER
DID YOU MISS A PREVIOUS ISSUE?
You can find them on the HBA Website!
www.hbafortwayne.com
HBA Members
Please look at the people you are doing business with and bring them on board as New members.
Do Business with a
Member!
OSHA HELPFUL WEBSITES
www.osha.gov
www.toolboxtalks.com
H B A F O R T W A Y N E M E M B E R S H I P N E W S
—— MMEMBERSHIPEMBERSHIP RR E N E W A LE N E W A L SS —— Thank You!
Big C Lumber BKD, LLP
Buttermore Appliance Cabinets Unlimited, Inc.
Centurion Land Title Clark Appliance CR Carpet, Inc.
Eagle Tile Either Way Shades
Emanco Incorporated Felger’s Peat Moss
Fox Contractors Corp. Frazier Design & Renovations
ISU / Stewart Brimner & Company J & N Stone, Inc.
TL Jackson Construction Co., Inc. Jozac Corporation
Kessel Construction LLC James R. Klotz, Builder
Lake City Bank McHenry Construction, Inc.
J.O. Mory, Inc. The North Eastern Group
Ruoff Home Mortgage Sims – Lohman
Mike Thomas Associates, Inc. Titan Title Services, LLC
Wells Fargo Home Mortgage, Inc. Wells Heating & Cooling, Inc.
Westport Homes of Fort Wayne, Inc.
2014 D2014 DROPPEDROPPED HBA MHBA MEMBERSEMBERS
If you associate with these companies, please call and encourage them to Re-Join the HBA!
America’s Floor Source Architectural Designs, Inc.
James Bay Carpentry Berne Apparel
Brueggemann Lumber Do-It Center
City of Ft. Wayne Housing & Neighborhood Serv. John & Lewis Miller Construction
New World Homes, Inc. Preston Allen Homes, LLC
? M? MEMBERSEMBERS RR E N E W I NE N E W I N GG ??
If you associate with these companies, please call and encourage them to continue their membership!
21st Century Homes L.L.C. Amstutz Homes, Inc.
Archadeck of NE Indiana Barker Landscaping
Chestnut Group, Inc. Civil Engineering Services Gary Crossgrove Painting
Genos Guttering, Inc. The Granite Shop, Inc.
Great American Insurance Company
Hallmark Home Mortgage, LLC JELD-WEN Windows & Doors
K.B.F. Electric, Inc. Kurtz Excavating, Inc.
Lengacher Brothers, Inc. Sherriff-Goslin Roofing Co. Frank Souder Designs, Inc.
Stopher Builders, Inc. Tong Rock, Inc. Zehr’s Antiques
Do Business with a Member!
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Please Contact
the HBA Office at (260) 420-2020
with any changes in your …
business name
mailing address
contact person
phone/fax number
email/website address
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ASSOCIATE Member Serenity Kitchen & Bath, LLC Contact: Steve Neeley 1912 Omee Court Fort Wayne, IN 46815-7961 Phone: (260) 749-7028 Fax: (260) 749-7054 Mobile: (260) 410-4885 E-Mail: [email protected] www.serenitykitchenandbath.com Sponsor: Steve Thompson
DDIRECTORYIRECTORY CCHANGESHANGES Associate Members Fidelity National Title Contact Change: Jamie Justice Mobile Change: (260) 760-4884 E-Mail Change: [email protected]
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June 12, 2014 Cedar Creek Golf Club
Event Sponsors: Northeastern REMC Big C Lumber
Wabash Electric Supply
Beverage Cart Sponsors: First Financial Bank & Glenbrook Automotive Group
Bottled Water Sponsor: Aqua Systems
Lunch Sponsors: Fort Wayne Newspapers Reese Wholesale
Rockfield Development
Hole Sponsors: Lee Supply Ford Meter Box Co.
Habitat for Humanity ReStore Reese Wholesale
Home Indoor Outdoor Living Energy Diagnostics
Fire & Ice Heating/Cooling Centier Bank
Habegger Corporation NIPSCO
Fort Wayne Habitat for Humanity
Showcase Hole Sponsors:
Hole #2—Closest to Pin
Sponsored By: Monsma Marketing
— Winner Greg Brown
Hole #4—Longest Putt
Sponsored By: Fifth Third Bank
— Winner Jeff Davis
Hole #6—Longest Drive
Sponsored By: Westport Homes
— Winner Lupe Santos
Hole #7—Longest Drive
Sponsored By: Bushey’s Windows
— Winner Jordan Demond
Hole #9—Longest Putt
Sponsored By: The DeHayes Group
— Winner Ryan Wannemacher
Hole #11—Longest Drive
Sponsored By: ProBuild
— Winner Austin Cheviron
Hole #13—Closest to Pin
Sponsored By: Fidelity National Title
— Winner Chris Miner
Hole #16—Longest Drive
Sponsored By: Carter Lumber
— Winner Jordan Demond
Hole #18—Longest Putt
Sponsored By: 3 Rivers
— Winner Bill Houser
3rd Place—Score 62
Colonial Homes
2nd Place—Score 61
CBRWG
1st Place—Score 59
STAR Financial
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Door Prize Sponsors: Fire & Ice Heating/Cooling 3 Rivers
Wabash Electric Supply Reese Wholesale
Sherwin Williams Lee Supply
Cedar Creek Golf Club Big C Lumber
Wayne Kitchen & Bath Works ProBuild
Fort Wayne Newspapers HBA
Richards Building Supply Metropolitan Title
THANK YOU to All of our SPONSORS !!!
The support from these Companies made this Event a Success.
THANK YOU
Cedar Creek Golf Club Dave Gilbert and Staff
THANK YOU
Ruoff Home Mortgage for the Registration Table Door Prizes
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ECONOMIC FORECAST FOR 2nd HALF OF 2014
INCREASING MOMENTUM, REDUCED HEADWINDS
Despite GDP growth stalling in Q1 due to the Polar Vortex, slower inventory accumulation and mildly lower exports, the economic recovery remains intact. The anemic performance of the US economy from January through March was aberrant, and the incoming employment, manufacturing and consumer spending data all point to an economic pickup. GDP growth the rest of the year should average 3%, with growth in Q2 closer to 3.25% as the economy rebounds from the harsh winter. In addition, reduced fiscal drag from DC, increased hiring and spending by state and local governments, and increased corporate spending on plant and equipment suggest we are finally entering a period of faster growth. That said, economically all is not well. Wage growth remains anemic and while the unemployment rate is 6.3%, down from 10%, the fall is largely due to a decline in the labor force participation rate. The ranks of the long-term unemployed remain elevated, along with the number of those working part-time because they can’t find full time work. Add to that average overtime hours that are remarkably high and termination rates that are very low and what you have are employers very reluctant to hire. This situation cannot persist, and of late job creation numbers have been on the upswing. Therefore, net job creation will rise from 200,000/month, where it has been for the past year, to 220,000 or 225,000 by year end and unemployment will probably fall to 6.1%. I expect wage growth to start picking up steam in 2015. The biggest drag on the economy is housing. After a promising first half of 2013, the housing market is, at best, flat. While rising interest rates and home prices, a lack of inventory and lots, shortages of materials and labor, and a lack of credit and first-time buyers play a part, weak household formation is the main culprit. After averaging over 1.2 million in the years prior to the Great Recession, household formations have been averaging 500,000 since the end of the recession. The good news - household formation will rise now that all eight million jobs lost during the recession have been finally made up. We are no longer making up lost ground. Because of this, new single-family construction activity in 2014 will reach 700,000, with multifamily adding 350,000, while existing home sales should be down slightly from last year. As for inflation, it’s benign. No matter how measured, there is no inflation to speak of in the US. Commodity prices will remain well-behaved given weak demand due to economic slowing in China and weak growth in Europe and the developing nations. Absent some sort of geopolitical crisis, energy prices will remain where they are thanks to record US oil production. As a result, expect tapering to end in November and for the Federal Reserve to begin raising short-term interest rates by mid-2015. However, long-term rates have bottomed and 10-yr Treasuries will end the year at about 3% as the economy steadily strengthens. In short, the economy is improving and Q1 was a speed bump. Long term rates will rise, short-term rates will remain unchanged, and housing will limp into 2015, with prices rising slightly. Most critically, household formation will strengthen and corporate, state and local government spending will rise. Lastly, the likelihood of a recession during the next six months is virtually zero. Elliot Eisenberg, Ph.D. is President of GraphsandLaughs, LLC and can be reached at [email protected]. His daily 70 word economics and policy blog can be seen at www.econ70.com.
June 10, 2014 HBA Office – 7:30am Present: Maurine Holle, Tamra Stier, Ryan Schiltz, Brad Lombard, Greg Gerbers, Greg Roberts, Jessica Scheurich, Mike Smith, Barclay Allen, Steve Thompson, Charlie Giese, Rob Wacker, Orrin Sessions, Justin Berger Absent:: Jeff Bushey, Kevan Biggs, Duane Kees, Josh Barkley Call to Order: President Tamra Stier called the meeting to order at 7:30 AM Concurrence Items: Treasurer's Report — President Tamra referenced the Treasurer's Report and AIG Update which were previously emailed out to the members, and asked if everyone had a chance to review, and asked if anyone had any questions or comments. There was a motion and second to accept the reports as submitted. The same was approved. Secretary's Report — President Tamra referenced the May Board Meeting minutes and June Executive Board minutes which were previously emailed out to the members, and asked if everyone had a chance to review, and asked if anyone had any questions or comments. There was a motion and a second to accept the minutes as submitted. The same was approved. Regular Business: New Member Report — Members were presented with one (1) new member – Serenity Kitchen & Bath. A motion was made to accept the new member, pending BBB review. The same was approved. Members to Renew — President Tamra ran through the list of members to renew. Several board members volunteered to make contact and discuss renewing their memberships. IBA Health Trust Agreement — Greg Gerbers gave an update that the new insurance program that has come online June 1st and was being administered via Anthem. Greg is in the process of setting a series of seminars for member and non-members. Justin Berger volunteered his training room as a venue for the seminars. Greg will submit dates to see if they will work for the room availability. HBA Building Foundation Update — Maurine is still waiting on bids for the steps, lighting and signage. She has received bids for the landscaping and irrigation. Once all the bids are received, Maurine will submit the information to the city to determine if we can get matching funds. HBA Secretary Position — Since Sam Schenkel is no longer a member of the HBA the Secretary position is open. Orrin Sessions volunteered to fill the position for the rest of the 2014 term. The board will solicit members to run for Secretary and Treasurer when the ballot is sent out in the fall for the 2015 term. Other Business: Upcoming Events: June 12th – HBA Summer Golf Outing – 30 teams to date – Cedar Creek August 7th – TinCaps Game. Meeting was adjourned at 8:00 am. Respectfully submitted, Maurine Holle, Executive Director
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SNAPSHOT OF LOCAL HBA ECONOMIC AND HOUSING STATISTICS
The table allow you to compare local housing markets of your HBA geography to state and national figures. For a description of the statistics provided, please visit www.nahb.org
SNAPSHOT OF LOCAL HBA ECONOMIC AND HOUSING STATISTICS
Population - Population is a count or estimate of the number of individuals residing in the specified geography. The higher
the rank, the higher the population compared to other HBAs.
Number of Owner-Occupied Housing Units - An owner-occupied housing unit is a house, an apartment, a mobile home or
trailer, a group of rooms, or a single room that is occupied. A high rank indicates more owner-occupied housing units.
Homeownership Rates - The homeownership rate is calculated by taking the total number of owner-occupied units divided
by the total number of occupied units. A high homeownership rate implies a low rental rate. A high rank indicates a high
homeownership rate. High home ownership rates are frequent in less urban areas, moderately priced areas and where
fewer moves occur.
Homeowner Vacancy Rates - The homeowner vacancy rate is calculated by taking the total number of vacant units intended
for owner-occupancy divided by the total number of owner-occupied and vacant units. A low vacancy rate indicates a tight
housing market where demand for owner-occupied units is high relative to supply.
Single-Family Concentration - The share of homeowners living in single-family detached housing is calculated by taking the
total number of single-family detached units divided by the total number of owner-occupied units. A high rank indicates a
high concentration of single-family homes. Lower rates are typical of more urban locations with denser developments.
Value of Home Owned - The figure provides for all owner-occupied housing units the median home value. These figures
along with income are critical components of housing affordability. The higher the rank, the higher the median value
compared to other HBAs.
Income of Homeowners - The figure provides for all owner-occupied housing units the median income of the householder
and all other individuals in the household. The higher the rank, the higher the median income compared to other HBAs.
Share of Homes Recently Built - The share of new owner-occupied units is calculated by taking the total number of owner-
occupied housing units built since 2000 divided by the total number of owner-occupied housing units. The number indicates
how fast the stock of owner-occupied housing is growing. The higher the rank, the higher the share of homes built since
2000 compared to other HBAs. Higher shares are indicative of faster growing, more recently developed areas while lower
shares are signs of areas with slow or little growth.
Single-Family Permits Issued - The figure shows the number of building permits issued on new privately-owner residential
construction for single-family housing units. The higher the rank, the more single-family permits issues compared to other
HBAs. The number of permits per 1,000 population is another indicator of growth; the higher the ratio, the greater growth
and growth potential.
SF Percent Change from 2012 - The figure is calculated using the annual statistics for single-family permits issued in 2012
and 2013. The higher the rank, the higher the percent change in single-family permits issues from 2012 compared to other
HBAs.
Multifamily Permits Issued - The figure shows the number of building permits issued on new privately-owner residential
construction for multifamily housing units. The higher the rank, the more multifamily permits issues compared to other
HBAs.
MF Percent Change from 2012 - The figure is calculated using the annual statistics for multifamily permits issued in 2012
and 2013. The higher the rank, the higher the percent change in multifamily permits issues from 2012 compared to other
HBAs.
Rank - The rank of the HBA in each category is out of a universe of 673.
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As of 5-31-2014
Herb Delagrange .... 466 Bob Buescher ........ 390 Rob Wacker ........... 343 Orrin Sessions ....... 274 Jeff Gilmore ........... 264
Roger Delagrange .. 238
Joe Zehr ................ 227 Jeff Thomas ........... 225 Duane Kees ........... 196 Matt Momper ......... 191 Jay Shipley ............ 178 Jim Klotz ............... 173 Jacob Feichter ....... 153
Steve Bogenschutz . 130 Charlie Giese .......... 107 Jamie Lancia .......... 105
Mike Smith .............. 99
Jerry Korte .............. 95 Floyd Lancia ............ 82 Matt Lancia ............. 79 Kevan Biggs ............ 75 Ric Zehr .................. 75 Gregg Richhart ........ 71 Jim Bauman ............ 69 Craig Yoder ............. 69 Meryle Peppler ......... 68 Gary Allen ............... 67 Gary Furniss ............ 63 Lynn Delagrange ...... 62
Jim Fitzer ................ 62 Jim Lancia ............... 60
Rodney Robrock ....... 46 Terry Stauffer .......... 44 Larry Delagrange ..... 43 Barclay Allen ........... 41 Brad Cayot .............. 40
Brad Jackson ........... 38 Mark Lengacher ....... 37 James Buckhardt ...... 35 Elizabeth Urschel ...... 33
Jim Bushey ............. 22
Chad Delagrange ..... 16 Josh Barkley ........... 15 Brad Lombard ......... 10 Gregory Gerbers ........ 8 SPIKE Candidates Robert Barney ........... 2 John Bellio ................ 1 Mike Blee ................. 1 Emanuel Brandenberger 1 Michael Coe .............. 5
Don Fischer .............. 2 Brian Gerig ............... 1 Kenneth Gunkel ......... 1 Ron Heath ................ 3 Mark Heller ............... 5 Chad Korte ............... 4 John Lemler .............. 2 Brian Poor ................ 3 Troy Slattery ............. 1 Tamra Stier .............. 4 Jerry Thatcher ........... 3 Mike Todoran ............ 3
Rick Vondran ............ 2
R E D S P I K E S
( 1 0 0 — 1 4 9 )
IMPORTANT NOTICE: Per NAHB, any recruiter with less than 25 spikes who does not recruit a new member or accumulate retention credits for a year will lose their spike points. Make sure your
recruited members are renewing or that you are recruiting a new member into the association!!! Don’t lose your spike credits!!
S U P E R S P I K E S
( 2 5 0 — 4 9 9 )
R O Y A L S P I K E S
( 1 5 0 — 2 4 9 )
G R E E N S P I K E S
( 5 0 — 9 9 )
L I F E S P I K E S
( 2 5 — 4 9 )
B L U E S P I K E S
( 6 — 2 4 )
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ATTENTION HBA MEMBERS: (Do Business with a Member)
On behalf of our Members, the HBA will send out twice a year (per member) an email blast
promoting your business, special product promotion, business event, etc. Please forward
your information in a JPEG format to [email protected]. The HBA will not promote
non-building related information. Call the HBA Office if you have any questions.
A V A I L A B L E T O M E M B E R S
F R O M T H E H B A O F F I C E
IN Quality Assurance Builder Standards Books ..................... $35/each
Construction Contracts & Related Forms Packets ....................... FREE
