Building Business News NEWS Volume 17 • NO.7
June July 2012 2011 July 2010
www.kchba.org
National is e n u J The Official Newspaper of City The Home Builders Association of Greater Kansas City The Official Newspaper of The Home Builders Association of Greater Kansas ip h s r e n w Homeo this Edition KansasInside Governor Month5!-9 See pages Signs Monumental NAHB Remodelers Awards HBA members came out in full force Tax Bill for the 2010 Annual HBA Golf Tournament Regnier Addresses P3
HBA Hosts Golf Tournament
on Friday, June 9th at the Falcon Ridge Golf Club in Lenexa, KS. Renewed interest in the tournament was gratifying for everyone involved with 144 golfers and a portion of the proceeds benefiting two important charities. Bob Regnier, President and CEO of Bank of Blue The Salvation Army and Hillcrest Transitional Valley, was the featured speaker at the May Kansas Housing were presented with checks from Area lunch. Regnier, HomeCouncil Buildersmembership Association Foundation Fund who first to support their important work. opened the Bank of Blue Valley in 1989 with its first with acommunity, continental discussed loan beingThe in day the started Deer Creek breakfast and registration where golfers could Above: New members what he was seeingand in the lending community. purchase mulligans skirts to raise extra from Beaver Timber, “We need to charities make loans, we areAlooking money for the on hand. putting for loans,” Chad Wastler, Scott Zinn, contest sponsored Thedifficult Kansas with City regulatory Star said Regnier. “It’sby been presJim Breitkreutz, and Jon where the winner brought home a new putter. Beaver sure and the business has changed dramatically over To spice up this year’s event, the last fiveTommy years.”Angotti (Factory Direct co-chairs Appliance) and Debout Swearingen Regnier pointed that while(Pinnacle most people conLeft: Mike Brown, Brown Bank) offered games throughout the day to Midwest and Bob Regnier, sider housing to have peaked in 2006, he said started keep golfers entertained. The longest drive, peaked 2003. says newfavorite homeshole, have held theiryou to the 2010 HBA Golf Tournament Sponsors Bank of Blue Valley longest in putt, and He everyone’s Thank where versus golfers five couldyears opt to putand on athinks skirt and value ago the lack of in- future projections. Aristocrat Homes Kansas City Homes and Garden tee off from the women’s tee box. ventory will drive new home prices upward. Capitol FederalRegnier said appraisals are coming but thatKansasCity.com some still Kansas in Citybetter Star featuring Finishing the day was a lunch Continental Title Company and HomeFinder.com “We’re going to see some back in come in low. Those low appraisals, combined with further implantaand awards ceremony whereinflation checks creeping were Crowley Furniture Nebraska Furniture Mart featuring B/S/H as people who want new construction will have to pay tion of legislation like the Dodd-Frank Act will continue to impact the presented to the charities and tournament Factory Direct Appliance Pacific Mutual Door & Window winners. for it,” said Regnier. industry. First American Title ProBuild Grandview Water that Closemomentum Solid criteria for making loans in paramount in to- Winnelson Stewart Title of Kansas City Regnier- The believes is critical, and that subdivisions Kitchen and Bath Showroom Tile and Stone Warehouse day’s environment. The Bank of Blue Valley has an with critical mass are the ones that will be successful. He also mainGuier Fence Company, Inc. Top Master 11-point criteria for receiving a loan. SomeHuber of the tains Woods a positive outlook on the metropolitan market as a whole. Engineered Western Chandelier Company factors they consider include net worth, liquidity, debt “This is a good market. It’s a growing market. It can’t be sustained Wilson Fans & Lighting
Kansas Area Council
service coverage, a stable revenue history andCongratulations strong by current of inventory,” to the levels Tournament Winnerssaid Regnier. 1st Place A Flight Ken Rosberg The 2012 Fall Parade ofAustin Homes returns Roeser John Judge later this year, September 29-October 14, however, now is the timeJeff to Sheppard make plans. 2nd Place A Flight Register your home earlyDon andKlamm receive a special discounted price. Josh Bright Ryan Bealmear For the Early Entry Deadline, builder informationMatt willNordstrom be the only rd information required along with payment. 3To access the registration Place A Flight Kobush page. forms, go www.kchba.org and click on the Parade Bob of Homes Gary Ely Look under Information for Builders and downloadBrandon the entry forms. Johnson Follow directions to submit or call the office, 816-942-8800. Jim Bray PRSTRT STD U.S. Postage PAID Permit No. 108 Lawrence, Ks
1st Place B Flight Harley Saxco Greg Prieb Randy Bailey Rex Fuller 2nd Place B Flight David Eickman Richard Wetzel Chris Williams BW Sterling Cramer 3rd Place Early June 15 B Flight$1,095 Russ Grossman Regular July 6 Lea Bailes $1,295 Brandon Frazee Late July 20 Todd Jennings $1,995
Fall Parade of Homes
Early Entry Discount Parade Entry Schedule Color
$1,395 $1,595 $2,295
Mark your Calendar
October 2-17, 2010
Kansas Governor Brownback Sam Tax Credit Extension signed Senate Sub for HB 2117, May 22, the controversial bill that Brownback hopes will put more money into the hands of Kansas taxpayers andEPAthey’ll use those dolResponds to Lead lars to energize the economy and create jobs. Rule The legislation slashes state income taxes by roughly $3.7 billion over five years. The plan collapses the state’s current three-bracket system to two brackets starting in 2013. It cuts the highest income tax 2010 Fall rates to 4.9 percent from 6.45 percent and 6.25 percent. It also reduces the lowest tax Builders rate to 3Home percent from 3.5Association percent. of Greater The tax measure alsoKansas allows City the state sales tax to drop by six-tenths of a cent in 2013. It retains all current itemized deductions including the mortgage interest deduction and the state, local property tax deductions. “After the longest legislative session in Kansas history and debate that reached fever Mark pitch your in ancalendar election the HBA for year, the 2010 Fall is pleased withof the final thatParade preserved Parade Homes. Sinceresult 1947, the of Homes has been Kansas City’s local resource the state’s mortgage interest deduction,” for buying a Vice new home. The 2010Sara Parade of said Executive President Corless. Homes returns October 2-17. “The HBA’s commitment all along was to ensure the final legislation was in the best inParade Entry Schedule terest of Kansas homeowners and new home July 16 buyers.” In addition, bill also $1,995 exempts non-wage Late Entrythe Deadline business income for 190,000 limited-liability companies, sole proprietorships and the The final deadline for home entires is July 16, like. That particular, is aimed at 2010. provision, Entry Home in Information, Community job creation andRegion to encourage Information, and Housingentrepreneurs Style was on June 25. To submit your entry for to startduebusinesses. the Final Deadline , visit www.kchba.net/ parade2010 or call the HBA office at (816) 942-8800
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Parade of Homes
Final Deadline
Inside this Edition
Area Builders in Top 200
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National Homeownership Month
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