BISMARCK-MANDAN HOME BUILDERS ASSOCIATION MARCH 2022 || WWW.BMHBA.COM
BUILDING Building Buzz is a publication of the Bismarck-Mandan Home Builders Association.
Bismarck-Mandan Home Builders Association 2600 Gateway Ave, Ste 1 Bismarck, ND 58503 Phone: 701.222.2400
www.facebook.com/bmhba PROFESSIONALS BUILDING OUR COMMUNITY THROUGH
PROMOTION OF
SINCE 1958.
JAMIE SCHMIDT, PRESIDENT Investcore, Inc. 1601 N 12th St. Suite 605 Bismarck, ND 58501 (701) 223-3030 jamie.schmidt@investcore.com
JOE VETTER Joe Vetter Construction 2523 Powder Ridge Circle Bismarck, ND 58503 (701) 258-9394 joevetterjvc@gmail.com
JOE HILLERSON, VICE PRESIDENT Boulder Homes PO Box 1421 Bismarck, ND 58502 (701) 400-5554 boulderhomesnd@gmail.com
VICKI MORAN Hallmark Homes 3200 Rock Island Place, Suite 4 Bismarck, ND 58504-7717 (701) 471-7634 hallmarkhomes@outlook.com
AMY LARSEN, 2ND VICE PRESIDENT Apex Builders PO Box 652 Mandan, ND 58554 (701) 527-7899 amy@apexbuildersnd.com
MCKENZIE LAWLER Dakota OutdoorScapes 8351 Hwy 1804 N Bismarck, ND 58503 (701) 595-0890 mckenzie@ndscapes.com
LORI WILLSON, TREASURER Northern Plains Plumbing, Heating & Air 2510 Vermont Ave Bismarck, ND 58504 (701) 226-8810 lori@northernplains.net
RON STOTZ CAVES 1365 Tacoma Ave, Suite 1 Bismarck, ND 58504 (701) 751-1162 rons@cavesnd.com
GREG MEIDINGER, PAST PRESIDENT Aspire Homes 3313 Bayshore Bend SE Mandan, ND 58554 (701) 426-8583 greg@daretoaspirend.com
ANDREW MELDAHL Pinnacle Homes and Design 214 Riverwood Ave Mandan, ND 58554 (701) 426-0237 andrew@pinnaclehomesnd.com
BILL SCHMID Townsquare Media 1830 N 11th St Bismarck, ND 58501 (701) 250-6602 bill.schmid@townsquaremedia.com
JOSHUA JACOBCHICK JSJ Construction 714 Custer Dr. Manda, ND 58554 (701) 226-0526 jsjconst@hotmail.com
CHIEF EXECUTIVE OFFICER Dawn Watson dawn@bmhba.com Office: 701-222-2400 Cell: 701-390-5049
www.instagram.com/bismanbuilders
MEMBERSHIP DIRECTOR Brittney Roehrich brittney@bmhba.com Office: 701-222-2400 Cell: 701-240-3540
LAYOUT DESIGNER Elysha Head
www.twitter.com/bmhba
www.bmhba.com
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The BMHBA consists of building specialists from every section of the construction field and associated industries. Your membership strengthens our voice in Bismarck-Mandan construction sector as well as at a state and national level. If you haven’t already submitted payment, please renew your membership by March 31, 2022. Kyle & Sarah Miller
Grant Miller
Jason Sellers
Shelley Werner
Bruce Thompson
Beth Brenny
Eric Brenden
Lynnell Rude Ussatis
Wade Vogel
Vicki Moran
Brian Fuller
Amy Burkel
Adam Geiger
Jamie Schmidt
Karen Zahn
Larry Goetzfridt
Terry Wald
Ryan Karsky
Marci Narum
Drew Knutson
Don Weisz
Thank you to our members who have helped grow our BMHBA membership over the years by recruiting new companies to join our association. If you know of a company that is interested in joining, contact Brittney Roehrich at brittney@bmhba.com or 701-222-2400. Your recruitments can now be seen on NAHB.org. Click “My Profile” then “My Spike Referrals.” Top Recruiters as of 02/14/2021
Denise Ziegler Jordan Anderson Bruce Aberle Marc Menge Brad Biffert Josh Blikre Lisa McMillan Parker Pladson Zachary Dosch Wayne Mickelson Jason Franzen
Please welcome our new members from February to the association! Associate Membership (701) 238-5892 ben.lamb@hotspringnd.com
www.hotspringspasandpooltables2.com
Affiliate Membership (701) 355-7646 tammyskogen@gatecity.bank www.gatecity.bank
Associate Membership (701) 214-3252 ryanbraun@mystoragedakota.com www.mystoragedak.com
Builder Membership (701) 471-1171 rkhomes@midco.net www.rkhomesnd.com
Builder Membership (701) 219-9385 jbenson@shorestonedevelopment.com
Builder Membership 701-805-1333 chartman@1call2build.com www.consolidated-const.com
Join the BMHBA in congratulating these longstanding members. Their dedication to the Bismarck-Mandan Home Builders Association is appreciated and truly valued. Fargo Glass & Paint Co. Nodak Construction CENTURY 21 Morrison Realty Cathleen Engel GS Design
ABC Electric Ben's Electric Bismarck Heating & Air Conditioning Brad Bonnet Contracting, Inc. Cottingham Insurance Agency Dakota Caulking, Inc. Kuntz & Sons Construction Lillis Electric Mr. Squeegee Window Cleaning Pearson Home Builders, Inc. Prairie Aire Homes
Pro-Foam Insulation Sheet Metal Specialties Skinner's Roll-Off Service Spiffy Biffs The Carpet Garage The Painters, Inc. Tobias Marman Construction TransTrash Verity Homes Wagon Wheel Lumber & Hardware
Statesman Spike 500-999 Credits Kelly Moldenhauer (739.00) Super Spikes 250-499 Credits Todd Brady (378.00) Robb Sattler (291.00) Eddy Mitzel (288.50) Mike Todd (288.00) Lee Mitzel (267.00) Pat Marback (257.00) Royal Spikes 150-249 Credits Lori Willson (214.00) Mike Hopfauf (193.00) Rory Schlosser (192.00) Berna Vetter (189.50) Colby Well (165.00) Jack Knutson (159.00) Red Spikes 100-149 Credits Blair Ihmels (146.50) Steve Redding (123.50) Dan Sparling (120.50) Jerry Sposkwaski (105.00) Chad Moldenhauer (105.00) Dana Schlomer (102.50) Green Spikes 50-99 Credits Vance Vetter (98.00) Paula Haider (94.50) David Patience (93.50) Mark Larson (91.50) Eric Brenden (87.50) Darren Buffington (83.00) Kenneth Knodel (67.00) Art Goldammer (64.50) Scott Moran (56.50) Scott Duchscherer (54.50) Nadine Schaff (54.00) Life Spikes 25-49 Credits Marc Conrad (47.50) Gerry Rudnick (46.50) Gerald Hopfauf (45.00) Drew Knutson (42.00)
Matt Shauer (41.00) Greg Meidinger (39.00) Jeff Sattler (37.00) Greg Zenker (36.50) Kevin Fischer (25.50) Lyle Forderer (25.50) Blue Spikes 6-24 Credits Jason Frank (22.00) Shane Gaffaney (18.00) Earl Torgerson (16.50) Melinda Llyod (15.00) Todd Schmidt (14.50) Bob Kupper (11.00) Wayne Solberg (10.50) Pete Brendel (8.50) Darryl Hatzenbuhler (7.00) Bill Schmid (7.00) Mike Wolf (7.00) Joe Hillerson (6.50) Kelli Thompson (6.50) Spike Candidates .50-5.50 Credits Rory Anderson (5.50) Shannon Reichenberg (5.50) Kurt Steiner (4.50) Jason Kerner (4.00) Parker Pladson (4.00) Jamie Schmidt (4.00) Roger Grendahl (3.50) Jarred Roloff (3.50) Mike Baumgartner (3.00) Brian Eiseman (2.50) Sam Gietzen (2.50) Vicki Moran (2.50) Heidi Rue (2.50) Mark Abramson (2.00) Natalie Eckes (1.00) Tiffany Eckroth (1.00) Alissa Kleinsasser (1.00) Reid Kubesh (1.00) Terry Leabo (1.00) Tom Reinke (1.00) Melanie Staiger (1.00) Jeran Thomson (1.00) Wade Vogel (1.00) Travis Welle (1.00) Bryan Brendel (0.50)
’ Greetings BMHBA Members! March is here, the days are getting longer, and spring will be here before we know it which means another start to what I believe will be a great building season. 2021 continued to challenge many people, businesses and organizations, but I feel we all managed the storm as well as we could, and our permit numbers were up yet again. Talking with many home builders, developers, suppliers and real estate agents, everyone is very excited for the 2022 season to start. That coupled with very low inventory levels should make for a great 2022 for all of us! Fingers crossed for above normal temps and the building season to begin! JAMIE SCHMIDT 2022 BMHBA PRESIDENT
As a reminder from my last message, the 45th Annual Home Show is fast approaching. The 2022 Home Show dates are March 18 th from 3:009:00 PM and March 19th from 9:00 AM-5:00 PM. There is still time to register at www.bismanhomeshow.com or call the office as well. The Home Show is a great way to get in front of many potential home buyers and start selling new builds for the spring season. Builders! The Spring Parade of Homes will also be here soon. Be on the lookout in your mailboxes for contracts and additional information! The Spring parade begins on Thursday, April 28 and runs through Sunday, May 1. We expect many homes to participate and we can’t wait to see all the great work our members have put in to these houses. MARK YOUR CALENDARS: Home Show: March 18-19 Spring Parade of Homes: April 28 - May 1 Spring Mixer: May 10 “We are stronger together then we are alone”- Walter Payton
As part of the City of Bismarck’s pavement management processes, load restrictions are placed seasonally on all roadways under the City of Bismarck’s jurisdiction. The purpose of these restrictions is to minimize damage to roadways when they are structurally susceptible. Load restrictions are typically in place between March 1 st through May 15th depending on temperatures and moisture. As pavement warms in the spring, a soft layer forms between the pavement and the frozen ground beneath. This soft layer does not provide any structural support to the pavement and makes the roadway susceptible to impacts from heavy loads passing overtop. By limiting axle and gross vehicle weights of vehicles on certain roadways that are not designed for heavy loads or have prior damage, the city attempts to preserve and extend the life of the roadways. We understand that there are times that heavy loads are necessary. If the load is a large piece of equipment for example, there are special permits issued along with a corresponding ton-mile fee. Divisible loads such as gravel, concrete, sheetrock, etc. are considered divisible loads and overweight permits and ton-mile fees are not issued for those material types. In those examples, transporters must reduce load to meet the posted load restrictions. The citizens of the City of Bismarck have a significant investment in the roadway network and the strategy of load restrictions to protect pavements is beneficial to everyone. For more information on load restrictions please visit www.bismarcknd.gov/302/Load-Permits-Restrictions-TruckRoutes or contact the Engineering Department at 355-1505.
Builders FirstSource is your first source for great customer service and high quality building materials.
BUILDING MATERIALS
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I’ve attended many conferences and conventions throughout my career and years as a member organization volunteer myself. Some big, some small; some well-organized and some a circus. Sometimes you leave these events asking yourself, “what the heck was that?” and “was that worth my time?”
Members that have yet to engage in National Association of Home KAYLA PULVERMACHER MIKE JANGULA Builders (NAHB) should be confident that their time would be well NDAB CEO 2022 NDAB PRESIDENT spent at the International Builders Show. For those who are unfamiliar, this event combines both a high-level expo with product launches and displays, educational sessions, and home builder trends, with NAHB committee sessions, member education, and business meetings. It’s a great way to help support and shape the housing industry across the United States. This year alone, IBS welcomed more than 70,000 industry professionals. Over 50% of those participating were first-time attendees. The trade show exhibit hall included more than 800 exhibitors and gave attendees a unique opportunity to immerse themselves into innovative and technology-driven displays. For example, Kohler, a company known for its kitchen and bathroom products, had running water throughout its displays. Kitchenaid, an appliance brand, had a giant stand mixer that was at least 6 feet tall. Attendance at the business meetings is a vital role of those who become delegates and are extremely informative for those members that observe. Several proposed resolutions, dealing with organizational structure, and membership, were discussed thoroughly, and ultimately didn’t did not pass because they didn’t receive the required number of votes. This was a clear sign that members who attend play a significant part in how the organization moves forward. Not everything the show has to offer is focused on work; NAHB knows how to have fun, too! Magic Johnson was on hand to welcome participants to IBS and Trace Adkins closed the week with a concert. Next year, and for several years after, IBS will be hosted in Las Vegas, Nevada. And as an effort to continue the housing industry’s strong presence through collaboration, The Kitchen and Bath Industry Show and the National Hardware Show have partnered with the International Builders Show to expand Design and Construction week. This move has the potential to add another 25,000 industry professionals to the mix. Collaboration, networking, and advocating are the highlight of this experience. I hope to see you in Vegas, January 31 - February 2, 2023! Take Care, Kayla Pulvermacher, NDAB CEO Mike Jangula, 2022 NDAB President
Visit the Front Street Millwork booth @ the 2022 Home Show 3-9pm 9am-5pm
@ the Bismarck Event Center
Fri, March 18th Sat, March 19th
Front Street Millwork & Lumber
3 3 2 0 E ast Ce nt u r y Avenue B i sm arc k , N D 701-255-1636
w w w. faceb ook . com/front st ree t mi l l wo r k
Visit the Front Street Millwork booth @ the 2022 Home Show 3-9pm 9am-5pm
@ the Bismarck Event Center
Fri, March 18th Sat, March 19th
Front Street Millwork & Lumber
3 3 2 0 E ast Ce nt u r y Avenue B i sm arc k , N D 701-255-1636
w w w. faceb ook . com/front st ree t mi l l wo r k
45 th ANNUAL
BMHBA HOME SHOW
GET THE LATEST IDEAS THROUGH DISCUSSION WITH EXHIBITORS • BAR & SOCIAL SPACE • EXHIBITOR VIP ROOM • KIDS KORNER (HOSTED BY PWB) WITH DIY PROJECTS, FUN ACTIVITIES, AND SWAG BAG GIVEAWAYS •
Friday, March 18: 3:00 pm – 9:00 pm || Saturday, March 19: 9:00 am – 5:00 pm || ww.bismanhomeshow.com
A BIG THANK YOU TO OUR SPONSORS AND PARTNERS GARDEN SHED SPONSOR
VIP ROOM SPONSOR
GIFT VOUCHERS SPONSOR
COFFEE SLEEVE SPONSOR
(2) $500 WINNERS
KIDS KORNER PLATINUM SPONSORS
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EVENT MAP SPONSORS
KIDS KORNER SILVER SPONSORS
KIDS KORNER BRONZE SPONSORS (SWAG BAGS)
Adults: $5.00 || Kids (18 and under): FREE || Bismarck Event Center || 315 S. 5th St Bismarck, ND 58504
Builder Member Spotlight
Parker is a Dickinson, ND native but has been living in Bismarck for over 10 years. Parker and his wife, Lacey, have a 13-year-old son and are expecting another child this summer! Tom is from Bismarck, ND. He grew up here and loves to proudly call this place home. Tom and his wife, Elizabeth have 4 young children with a 5th expected to join the clan this summer! Epic Homes is a custom-building company spanning a wide range of residential and commercial work. We love delivering truly custom, turnkey projects for our clients…if you can think of it, we can build it! We serve a very large area of North Dakota, and even build in the Lakes Area of Minnesota. The third partner, Taylor Belk, lives in Fargo and oversees projects in Eastern North Dakota and Minnesota.
Most people probably only think of us as a new-home builder, but we also do mid-to-large size remodels and have built a number of commercial projects- including but not limited to a funeral home and two wedding venues! So, if anyone needs to build a church or hospital, we haven’t checked off those boxes to complete the full life cycle. Every day is different, which is a big part of why we love what we do. In a sense, there are different areas of being a builder and each is treated a bit differently. There is obviously the construction side of what we do as well as working with our clients on a daily basis. The part that often gets overlooked and happens behind the scenes is the actual business side of what we do. Coordinating and keeping everything moving in the right direction usually means that our days go fast and no two days are the same! We are a fully custom, turnkey builder. We don’t just offer some selections to pick from or some minor tweaks to our standard floor plans. “NO” isn’t an option for us. If you tell us what you want, we will figure out a way to make it happen. If you can think of it, we can build it! Tom’s Dan Francis Photography favorite parts of what we do include: constantly learning and improving, every day being different, and getting to talk with and know our clients…if you don’t know him, Tom likes to talk! Parker’s favorite parts of what we do include: the ability to be creative, being forced to think outside the box, and problem solving. Parker enjoys spending time with family and friends. He Dan Francis Photography is always willing to play a competitive board game, so if you accept that challenge - this is your warning not to take it lightly! He enjoys going fast and feeling a little adrenaline, exercise, and is always looking to better himself and those around him. Tom enjoys hanging out with his family and doing almost anything outdoors. Lately there have been a lot of backyard sporting events, but hunting and fishing are some of his Melanie Sioux Photography favorite hobbies (even though he will admit his skills are far from desirable). He enjoys getting his kids outside to experience new things, and that is usually where he is enjoying his free time. Spring is a great time of year. Our clients start seeing their dreams turn into their dream homes. It is when we begin to transition a number of projects from planning to doing, and it is always fun to see that progress. The only downside to Spring is the MUD!!!
@epichomesnd @epichomesnd
www.epichomesnd.com
A lot of people don’t realize our size at First Community Credit Union. We’re the largest credit union in North Dakota, with 29 branches in 26 communities across ND and western Minnesota. We are also one of the Top 50 business lending credit unions in the nation and the fourth largest agriculture lending credit union in the nation, as well. I’d encourage anyone entering the industry to explore all aspects of a financial institution. There is such a wide range of job duties and opportunities from being a lender to even behind the scenes staff of marketing, accounting and more. Explore all of them and see what is the best fit for you. It’s probably been said before, but there is no typical day in my role. Every day can be different, from meeting with staff and members, to meeting on marketing, strategic planning, building plans and more. No two days are alike and that is one of the great parts about my job. A basketball broadcaster full time. Right now, I broadcast high school and college basketball games in my free time.
I hope to see us continuing and sustaining growth. Through growth, we’re able to continue to open up opportunities for our members and employees. There always has been and continues to be high demand for roles in the financial industry, which is a large part of why I entered into this. The great part about working in this industry though, is that I get to learn a lot about local businesses, how they operate and build relationships with those in our community. Working in the financial industry and with business owners, also allows me to see another view of the economy, as well which I appreciate.
What makes FCCU different is that we’re in business solely to benefit our members. We’re not in it to just profit. As a financial cooperative, our members, are the owners of our credit union. By using our profit to give back to our members through lower interest rates and better service, as well as giving back in our 26 communities, that’s what makes us unique. Seeing both our members and our employees grow and thrive is one of the favorite parts about my job. I love seeing a staff member get promoted, or a business member grow and expand. Those are special memories to witness. In my spare time, I enjoy spending time with family, my wife and kids. I also enjoy traveling, playing golf and broadcasting for local basketball games. This year, I’m looking forward to spring as our new Mandan branch is set to open. Our beautiful new facility will be on the corner of the Strip, just off Expressway. We look forward to being a part of the Mandan community. www.myfccu.com www.facebook.com/myfccu www.instagram.com/myfccu twitter.com/myfccu
www.youtube.com/user/myfccu www.linkedin.com/company/firstcommunity-credit-union_3
Associate Member Spotlight
Born and raised in Bismarck, ND, Zack Dosch began his career in the financial industry in 2009. Zack holds undergraduate degrees in Business Administration and Finance from the University of Mary, an MBA from the University of Mary, and Certification of Executive Management from the University of Notre Dame. He began his role with First Community Credit Union in 2017. First Community Credit Union (FCCU) is the largest member-owned credit union in North Dakota, with 29 branches across 26 communities in North Dakota and Western Minnesota.
BISMARCK • 3840 E Rosser Ave. 701-258-1267 • 800-472-2640
GRAND FORKS • 1705 13th Ave. N
FARGO • 920 36th St. SW 701-476-4600 • 800-437-4100
WILLISTON • 4960 Hwy 85
MINOT • 700 20th Ave. SE 701-839-2263 • 800-247-0673
701-746-6481 • 800-732-4287 701-577-2263 • 855-648-2263
Mon-Fri: 7:00am - 5:30pm
Sat: 8:00am - 5:30pm (Williston 2:00)
10 Locations To Serve You In ND, MN and IA!
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Valid through 3/31/22 unless otherwise noted. Due to the high volume of tariffs on certain products and components from overseas, pricing is subject to change. We reserve the right to correct errors, limit quantities and terminate any offer at any time. Due to the pandemic, product availability has been impacted across the US. We are doing our best to secure product, however some delays and price changes could occur. Please refer to website for most up to date pricing. © Acme Tools 2022
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Apex Builders Amy Larsen Big River Builders Kari Anderson Bismarck Title Company MacKenzie Malloy Bravera Bank Nadine Schaff Megan Maxon Cambria USA Rebecca D'Heilly CENTURY 21 Morrison Realty Melanie Staiger Choice Bank Celeste Burke Cottingham Insurance Agency DeAnna Gratz Dakota Community Bank & Trust Tae Pifer Edward Jones Alexis Larson Fabricators Unlimited Kelli Thompson Front Street Millwork & Lumber Sara Bender Marcie Franklund Gate City Bank Tammy Skogen
Grendahl Design Co. Sarah Grendahl Haider Glass Specialties Paula Haider Courtney Meier Hallmark Homes Inc. Vicki Moran BMHBA Dawn Watson Interior Finish and Remodel Jenessa Wright JSJ Construction Ashley Jacobchick Lowes Home Improvement Nicole Pakiz Myhre Concrete Design Heidi Dietrich Northern Plains Plumbing & Heating Lori Willson Paramount Builders Reggi Glueckert Kristi Johnson Jayden Washburn Precision Underground Inc. Sara Ryckman Redford Signature Homes Deb Luptak
Knife River is a full service aggregate-based construction company, providing ready-mix concrete aggregate sales and delivery and concrete construction services. We provide services throughout North Dakota for public, private and commercial construction projects.
701-580-4527
Bismarck-Mandan | Washburn | Beulah
Mark Roningen - Business Development
Realty ONE Group – Encore Alyssa Leingang River + Ranch Magazine Caroline Crary Hannah Haynes Rivers Edge Plumbing & Heating Inc. Alissa Kleinsasser Security First Bank Natalie Eckes Starion Bank Kassy Landis Brittany Stuhlmiller SPS Companies, Inc. Kathy Wood The Painters, Inc. Sherri Neis The Title Team Gina Hruby Tobias Marman Construction Nataly Weisz Lindsey Ashley Vance Vetter Homes, Inc. Toni Vetter Verity Homes FrankieSue Pierson Western Steel & Plumbing Lynn Metzger
JANUARY 18
MAY 10
MARCH 18-19
FEBRUARY 5-10
JULY 12
AUGUST 4
APRIL 28 - MAY 1
SEPT. 29 - OCT. 2
TBD
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More than 45,000 home building professionals filled the exhibit and technology. halls of the Orange County Convention Center in Orlando as the National Association of Home Builders (NAHB) hosted the NAHB In all, DCW featured nearly 1,200 exhibitors occupying International Builders’ Show® (IBS) Feb. 8-10, which followed approximately 725,000 square feet of indoor and outdoor exhibits. extensive health and safety protocols. Many exhibitors also noted the strong foot traffic of attendees. IBS and the Kitchen & Bath Industry Show (KBIS) once again combined for the annual Design & Construction Week® (DCW), which drew more than 70,000 attendees.
“We’re really pleased with the turnout. We’re excited to have inperson meetings with our clients and be able to walk them around and show them our products,” said Nicole LeBlanc, shopper marketing manager for Builder Channel at Whirlpool Corporation. “We did a lot of product research leading up to the show and are excited to showcase that here.”
“The attendance at this year’s show exceeded our expectations and reflects the enthusiasm of the home building industry to collaborate and discover the latest products and technology solutions for their customers,” said Geoff Cassidy, NAHB senior vice In addition to meeting suppliers and seeing product demos president of exhibitions and meetings. “Our top priority remained throughout the three-day show, attendees networked with peers the safety of attendees and exhibitors throughout the show. We and attended any of more than 110 education sessions led by implemented a series of health measures that helped to ensure a experts on a wide range of industry topics. safe and productive show.” Next year, Design & Construction Week will return to Las Vegas Exhibit space for IBS totaled 425,000 net square feet, where Jan. 31-Feb. 2, 2023. more than 800 exhibitors displayed the latest in building products
Rising home prices and interest rates are taking a terrible toll on housing affordability, with 87.5 million households — or roughly 69% of all U.S. households — unable to afford a new median priced home. In other words, seven out of 10 households lack the income to qualify for a mortgage under standard underwriting criteria. The underwriting criterion used to determine affordability is that the sum of mortgage payments, property taxes, home owners and private mortgage insurance premiums (PITI) during the first year is no more than 28% of the household’s income. Key assumptions include a 10% down payment, a 30-year fixed rate mortgage at an interest rate of 3.5%, and an annual premium starting at 73 basis points for private mortgage insurance. These staggering statistics are part of NAHB’s recently released 2022 priced-out estimates, which further show that if the median
new home price goes up by $1,000, an additional 117,932 households would be priced out of the market. These 117,932 households would qualify for the mortgage before the price increase, but not afterward. Among all the states, California registered the largest number of households that would be priced out of the market. A $1,000 price increase would push 12,411 households out of the market in the Golden State, followed by Texas (11,108), and Florida (6,931). It should be noted that these are the country’s three most populous states. The metropolitan area with the largest priced out effect, in terms of absolute numbers, is New York-Newark-Jersey City, N.Y.N.J.-Pa., where 4,734 households would be squeezed out of the market for a new media-priced if the price increases by $1,000.
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Outdoor living has been propelled to the top of home owner multifunctional outdoor spaces increases requires creative wish lists and, subsequently, has become a top priority for solutions. Popular solutions include: architects and design professionals focused on residential • Expansive windows and floor-to-ceiling sliding glass doors design. help create connection to the outdoors without requiring Connection to the outdoors/nature and outdoor additional square footage indoors or out. entertaining both ranked high on the top 10 list of design • Expect efficiently designed outdoor spaces featuring more drivers in “The Future of Home Design,” a recent survey built-in features, such as firepits or fireplaces (73%), conducted by the New Home Trends Institute (NHTI) in outdoor kitchens (68%), gazebos or pergolas (44%), pools collaboration with Pro Builder. (36%), integral package delivery solutions (22%), and spas More than 300 residential architects, designers and designor hot tubs (20%) — often several in the same footprint or minded builders across the country responded to the survey across multiple (if smaller) outdoor living spaces serving with their opinions, experiences, and predictions about trends the home. in new-home design, including styles, materials and more. The • Covered outdoor rooms address the space allocation results offer insight into trends we can expect to see in home debate and also meet the need and desire for privacy. design during the next three to five years. Often set up to mirror the comfort (and sometimes even Connecting to the Outdoors the finishes) of the home’s interior, these spaces are an indoor-outdoor hybrid. Of those surveyed, 58% said connection to the outdoors/ nature will be an important influence on their design choices in Creating Privacy and Community in Outdoor Living Spaces the coming years, while 45% said outdoor entertaining will also In the push-pull of dwindling lot sizes and greater outdoor receive increased attention. Following value and cost living functionality, privacy and community remain strong considerations, connection to the outdoors and nature was considerations among consumers, and roof decks are predicted to be the largest driver of home design choices over emerging as an ideal solution. “The Future of Home Design” the next three years. survey found that about 38% of architectural designers Home Owners Seek More Outdoor Living Options included roof decks in their designs more in 2020 than in 2019. A large, green backyard once satisfied home buyers, but today’s buyer is seeking more options and flexibility in how they use outdoor spaces — just as they are for interiors. In fact, “The Future of Home Design” survey reveals that an open yard ranks low among design professionals, compared with more multifunctional options. Just 28% of respondents chose that type of space in the survey, compared with other more popular features, such as covered outdoor rooms/open-air rooms (73%), patios (68%) and decks (55%). Challenges Spur Creativity in Outdoor Living Design Designing higher-density projects as demand for
Meanwhile, the front porch — also a more common design feature for 53% of architectural designers in 2020 than in 2019 — is often used to promote community connection. One thing is certain: The future of outdoor living will look different from traditional backyards as more external challenges arise, but the importance of connecting to the outdoors remains a top design consideration for designers and consumers alike.
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