General Announcments

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Economic and Housing Outlook Presentation

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New Home Sales Rise 8.3% Overall in 2017

roof trussesSales of newly built, single-family homes fell 9.3% in December to a seasonally adjusted annual rate of 625,000 units, according to newly released data from HUD and the Census Bureau. Despite this monthly decline, new home sales rose 8.3% overall in 2017 to 608,000 units.

“The number of consumers planning to buy a new home in the near future is trending upward,” said NAHB Chairman Randy Noel. “Inventory remains low, but its growth in 2017 is an encouraging sign. Our members are also telling us that market conditions continue to improve.”

“Some moderation in sales was expected this month after a strong November reading,” said NAHB senior economist Michael Neal. “With ongoing job creation and rising home equity, we should see housing demand continue to grow in the months ahead.”

The inventory of new home sales for sale was 295,000 in December, which is a 5.7-month supply at the current sales pace. The median sales price of new houses sold was $335,400.

Regionally, new home sales decreased 2.4% in the Northeast, 9.5% in the West, 9.8% in the South and 10% in the Midwest.

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2017 HBCA of Brevard Holiday Party

Chili Cook Off Results and Pictures

Sponsored By
The 1st Annual Trade Show & Chili Cook Off presented by the Home Builders and Contractors Association and sponsored by Shelter Mortgage Company was a huge success! Proceeds benefited Habitat for Humanity of Brevard.
A special thanks goes out to the SMC Committee members, Tina Suiter of Holiday Builders for providing live music, and to all of the vendors who helped make this event a success.
DiPrima Construction Corp.
Holiday Builders
Joyal Homes
Maronda Homes
Cabinet Designs of Central Florida
Caliber Home Loans
Cambria
Christensen Financial Inc.
Digital Graphics
Ferguson Enterprises
Omni Resource Group
PIP Printing
Prime Lending
Proforma Arrow Solutions
ProSource of Brevard
Richard’s Paint Manufacturing
Sea Turtle Real Estate
Shelter Mortgage Company
Chili Masters are as follows:
BEST RED: Sea Turtle Real Estate
Runner Up: Holiday Builders -Ragin Cagin
BEST WHITE: Joyal Homes
Runner Up: Omni Resource Group
PEOPLE’S CHOICE: Holiday Builders -Ragin Cagin
 
Chili was judges by the following Local Experts:
Suzy Fleming Leonard, Florida Today Food Editor
Matt Nugnes, Owner of Matt’s Casbah
Keith Winsten, Executive Director of the Brevard Zoo
Linda Jeffreys Scholle, Brevard County Schools
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OSHA Proposes to Delay Deadline for Electronic Injury Reporting

Construction Worker Using Drill On House Build

OSHA has announced that it is proposing to delay to Dec. 1 the date by which certain employers are required to electronically submit workplace injury information from 2016.

The original mandate, as NAHBNow reported in May, would have given builders, contractors and other companies until July 1 to electronically submit their lists of 2016 workplace injuries. OSHA had previously announced a suspension of the July 1 deadline until further notice.

In January, NAHB, along with the U.S. Chamber of Commerce, Oklahoma State HBA, State Chamber of Oklahoma and three poultry associations filed a lawsuit challenging the legal authority of OSHA to issue the electronic reporting rule.

In addition to the lawsuit, on May 5 NAHB and other construction industry associations asked the Department of Labor to put the implementation and enforcement of the rule on hold and to reopen the rulemaking record to reexamine the legal authority for the rule and its impact on workplace safety and health.

For more information about the rule and other jobsite safety concerns, contact NAHB’s Rob Matuga at 800-368-5242 x8507.

Original article here

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With Hurricane Season Approaching Do You Have A Plan?

For more information on creating a disaster plan and disaster supply kit essentials, visit http://floridadisaster.org/getaplan/

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