October 2014
Ted Jones Provides Mid-Year Economic Outlook Board of Directors Election Page 3 2014 Inaugural Page 4 Sponsorship Benefits for 2015 Page 10
NAHB Fall Board Report Page 13
Ted Jones, Chief Economist and Senior Vice President, Stewart Title Guaranty Company, visited the HBA on September 16 to provide his analysis on the current state of the economy, job growth and housing prices, the impact of unemployment, and what to expect in the future regarding interest rates and long-term economic growth in the U.S. Jones shared data and information showing consumer confidence on the rise leading to an increase in existing home sales. Retail and food service sales are also up, as well as jobs in hospitality, suggesting Ted Jones shared economic information with a full house of HBA members that consumers are taking vacations and 5.6 to 6 percent in the next 12 months, The HBA was honored to host an interenjoying themselves more. which will not hurt housing sales as nationally recognized real estate expert Jones, however, declared that anyone long as we continue to experience job and economist. To stay on top of the waiting for the housing market to come growth. Nationally, Jones’ primary con- latest economic information, mark your back should know that it already did cerns include the U.S. debt ceiling, an calendars for the HBA’s 2015 Economic and warned that the industry is getting end to quantitative easing, energy, a rural Forecast on January 14 with NAHB’s close to “over building” in the Kansas land bubble and too much government Chief Economist, David Crowe, and City metropolitan area. In addition, we regulation. Chris Kuehl, Managing Director of should expect interest rates to be around Armada Corporate Intelligence Armada Intelligence.
Find Peace of Mind November 6 with NAHB Attorney David Crump
Safety First! See page 9 for new OSHA requirements regarding job injuries
Before you sign the dotted line, attend the Construction Contracts and Law presentation with David Crump on Thursday, November 6. David Crump is the Director of Legal Research for NAHB’s Office of the General Counsel. He administers NAHB’s Legal Research Program, and provides construction liability guidance on a diverse range of subjects from immigration enforcement to green building liability. The class will help you ensure that you are protecting yourself and your business and staying on top of the latest legal developments in residential construction.
You will also develop a deeper understanding of the basic legal concepts that impact the home building industry and learn best practices to avoid liability. The class will be customized to Kansas and Missouri law and provide an overview of the liability climate, contracts, warranties, mechanics lien law, business management, copyright law and alternative dispute resolution. The program will begin at 11:30 a.m., includes lunch, and costs $25 for members. Contact Dawn Allen (dawn@kchba.org or 816733-2239) to register. David Crump