Permits Plus Issue 1 2022 by Home Builders Association of F-M

ISSUE 1 | MAR 16 2022

Our 2021 year-end issue is here!

Permits

See page 4 for the popular “Top 5” summary reporting builders who produced the most volume and units across all local jurisdictions in 2021 compared to 2020. Pages 5-9 report all activity across all sectors and 12 local cities.

Published six times per year, Permits Plus aims to provide a concise report on building permit numbers and a timely update on Association advocacy efforts.

HBA schedules opportunities to connect with community leaders, local candidates

PLUS

FOR YOUR CALENDAR

Did you know: HBA of F-M has a year-end report for purchase by members only?

It includes detail on new home builders’ permit activity as well as new housing and commercial permits by value/community. Cost is $100: call (701) 232-5846 or email info@hbafm.com for details.

March 23, 11:30 a.m. - 12:30 p.m. - Building Industry Connect with Moorhead Council Member Matthew Gilbertson

Building Industry Connect is an opportunity to learn leaders’ visions for housing in our community and to introduce the Association and its goals. No presentations, no agendas and no parliamentary procedures. Just the chance for officials and members to learn about each other. Visit the calendar at hbafm.com to register. In-person attendance only. Cost is $25 and includes lunch.

March 21 Spring Parade of Homes Registration Deadline March 23 Building Industry Connect, Moorhead Council Member Matthew Gilbertson

April 6, 11:30 a.m. - 1 p.m. - Building Officials Roundtable

April 6 Building Officials Roundtable

Building Officials Roundtable is your chance to hear about the most recent code changes and expectations directly from the top. Local officials from throughout the metro area will discuss compliance issues and present information and scenarios. They will also take questions and comments. Building officials confirmed to attend include Shawn Ouradnik (Fargo), Steve Schroeder (Dilworth), Ryan Nelson (Moorhead) and Mark Housh (West Fargo).

April 13 Safety Session: Saving Money with SIP April 20 Building Industry Connect April 26 Candidate Panel Fargo Mayor April 27 Candidate Panel Fargo Commission April 28 Candidate Panel West Fargo Commission May 7-8, 14-15, 21-22 Spring Parade of Homes Visit the calendar at hbafm.com to register.

April Candidate Panels •

April 26 - Fargo Mayor, 6-7:30 p.m.

•

April 27 - Fargo City Commission, 11:30 a.m. - 1 p.m.

•

April 28 - West Fargo City Commission, Noon - 1:30 p.m. Several local political races will be decided during North Dakota’s primary June 14. HBA of F-M has scheduled panel discussions for members to learn about the candidates’ platforms and perspectives. In-person and virtual attendance is available. Cost is $15 and includes a meal for in-person attendees. Visit the calendar at hbafm.com to register.

Consulting firm advises Fargo to end 2-year property tax exemption on new homes An economic consulting firm enlisted by the city of Fargo to examine existing development policies now recommends that city end this vital economic development tool.

The recommendation was presented to the Fargo Development Incentives Committee Feb. 22. The city has taken no action but HBA of F-M will continue monitoring the situation and work to protect the exemption. Keep Tax Exemption continued on back page

HBA OF F-M + 1802 32ND AVE S + FARGO ND 58103 + (701) 232-5846 + HBAFM.COM + INFO@HBAFM.COM

YOU LIKE RECEIVING PERMITS PLUS! SO DO THOUSANDS OF OTHER HBA MEMBERS AND LOCAL OFFICIALS.

SEE YOUR AD HERE CONTACT SPENCER CARLSON FOR DETAILS. 701.232-5846 | SPENCER@HBAFM.COM

Permits Plus

ISSUE 1 | MAR 16 2022

See the next page for detailed year-to-date statistics for the FargoMoorhead area and surrounding communities through December 2021.

local stats at a

GLANCE

Single Family permits authorized

11%

compared to 2020

December Top Cities For Housing Permits 429

FARGO

293

HORACE

288

WEST FARGO

108

MOORHEAD

MAPLETON

F-M & Surrounding Area Housing Activity 1,200

2020 2019

2017

895 977 1,003

1,128

Row House 26

YTD D e cem b e r2 02

2018

1,121

Twin Home 46

1,200 rts: Sta ng

2021

Tota lH ou Single si Family

1 Housing Permits Authorized Year-To-Date December 2017 - 2021

Issue 1 | March 16, 2022

2021 Home Builders Association of Fargo-Moorhead Top 5 Summary Top 5 Single Family Builders ‐ Units 1 2 3 4 5

Jordahl Custom Homes, Inc Thomsen Homes, LLC Brookstone Property, LLC Dabbert Custom Homes, LLC Heritage Homes, LLC

2021 Units Value HBA Member 242 $ 57,283,274 x 175 $ 44,047,736 x 98 $ 22,623,150 x 87 $ 25,445,335 x 57 $ 23,204,877 x

** Note: 17 homes valued at $6,572,783 were built by owner (not contractor)

Top 5 Single Family Builders ‐ Value 1 Jordahl Custom Homes, Inc 2 Thomsen Homes, LLC 3 Dabbert Custom Homes, LLC 4 Heritage Homes, LLC 5 Brookstone Property, LLC

Top 5 Single Family Builders ‐ Units 1 2 3 4 5

Jordahl Custom Homes, Inc. Thomsen Homes, LLC Dabbert Custom Homes Heritage Homes Brookstone Property, LLC

Units 178 168 73 66 56

$ $ $ $ $

2020 Value HBA Member 40,465,932 x 38,303,841 x 18,495,047 x 23,136,703 x 11,590,102 x

** Note: 11 homes valued at $4,581,268 were built by owner (not contractor)

Permits Plus

242 175 87 57 98

$ $ $ $ $

57,283,274 44,047,736 25,445,335 23,204,877 22,623,150

x x x x x

Top 5 Single Family Builders ‐ Value 1 Jordahl Custom Homes, Inc. 2 Thomsen Homes, LLC 3 Heritage Homes, LLC 4 Dabbert Custom Homes, LLC 5 Designer Homes of Fargo Moorhead, LLC

178 168 66 73 36

$ $ $ $ $

40,465,932 38,303,841 23,136,703 18,495,047 11,729,794

x x x x x

Top 5 HBA of FM Member Builders ‐ Units (SF, TH, RH) 1 Jordahl Custom Homes Inc 242 2 Thomsen Homes LLC 175 3 Brookstone Property, LLC 133 4 Dabbert Custom Homes, LLC 87 5 Heritage Homes LLC 57

$ $ $ $ $

57,283,274 44,047,736 31,228,434 25,445,335 23,204,877

x x x x x

Top 5 HBA of FM Member Builders ‐ Units (SF, TH, RH) 1 Jordahl Custom Homes, Inc. 2 Thomsen Homes, LLC 3 Dabbert Custom Homes, LLC 4 Brookstone Property, LLC 5 Heritage Homes

230 168 73 68 66

$ $ $ $ $

49,766,158 38,303,841 18,495,047 13,720,438 23,136,703

x x x x x

Top 5 HBA of FM Member Builders ‐ Value (SF, TH, RH) 1 Jordahl Custom Homes Inc 242 2 Thomsen Homes LLC 175 3 Brookstone Property, LLC 133 4 Dabbert Custom Homes, LLC 87 5 Heritage Homes LLC 57

$ $ $ $ $

57,283,274 44,047,736 31,228,434 25,445,335 23,204,877

x x x x x

Top 5 HBA of FM Member Builders ‐ Value (SF, TH, RH) 1 Jordahl Custom Homes, Inc. 2 Thomsen Homes, LLC 3 Heritage Homes 4 Dabbert Custom Homes, LLC 5 Brookstone Property, LLC

230 168 66 73 68

$ $ $ $ $

49,766,158 38,303,841 23,136,703 18,495,047 13,720,438

x x x x x

Top 5 Multifamily Builders ‐ Units 1 Enclave Construction 2 Eagle Ridge Partners 3 Gehrtz Construction Services, Inc. 4 JLG Architects 5 YHR Partners

373 193 188 152 84

$ $ $ $ $

47,065,000 31,395,145 15,970,000 22,000,000 12,450,000

x x

Top 5 Multifamily Builders ‐ Units 1 Enclave Development & Construction 2 Kilbourne Group 3 Eagle Ridge Partners 4 Roers Construction Inc 5 Prairie Grove, Inc

339 209 171 104 74

$ $ $ $ $

29,829,000 32,630,734 20,225,000 10,681,992 7,575,000

x x x x

Largest Non‐member Builders (SF, TH, RH) 1 JMW Construction, LLC 2 Hohenstein Homes, LLC 3 Viking Homes 4 Westwood Development, LLC 5 NCS Homes, Inc.

11 9 4 4 1

$ $ $ $ $

3,589,462 1,914,553 1,295,000 1,037,915 800,000

5 5 6 6 2

$ $ $ $ $

2,130,000 1,238,459 1,140,000 1,018,836 900,000

Largest Non‐member Builders (SF, TH, RH) 1 Carpco Inc 2 Red Leaf Custom Homes 3 Viking Homes LLC 4 Lowry Engineering 5 Empire Custom Homes, LLC

No assurance is provided on this report. Permit information reported here may have changed. For the most current permit information, please contact the Home Builders Association of Fargo-Moorhead.

Issue 1 | March 16, 2022

Home Builders Association of Fargo-Moorhead Summary of Building Permits Granted 2021 - Year-to-Date (December)

Each month, Home Builders Association of Fargo-Moorhead contracts with Brady Martz & Associates, P.C., to compile the building permits into a uniform report. It includes a grand total on this page for all jurisdictions, types of construction, valuations and comparisons. On pages 2-5, jurisdictions are broken down into further detail as follows: Primary: Fargo, Moorhead, West FargoNoted in Yellow on Page 2 Bordering: Dilworth, HoraceNoted in Blue on Page 3 Neighboring: Barnesville, Casselton, Harwood, Hawley, Kindred, Mapleton, OxbowNoted in Green on Pages 4 and 5

  

All Jurisdictions GRAND TOTAL Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

2017 Permits

1,003 801 86 116 16 137 2311 557 50 490 4564

Units

116 846

2018 Value Permits

$236,480,515 $201,510,517 $18,480,000 $16,489,998 $76,369,598 $209,353,164 $37,418,572 $114,336,519 $90,156,836 $44,529,597 $808,644,801

Units

977 893 73 11 11 37 1238 122 1947 555 36 557 4231

2019 Value Permits

$237,481,041 $220,501,246 $14,179,800 $2,799,995 $135,764,578 $164,912,653 $31,914,637 $157,089,343 $61,911,198 $49,995,351 $839,068,801

895 753 88 54 8 115 1818 608 66 367 3877

Units

54 571

2020 Value Permits

$216,733,398 $189,855,712 $15,592,000 $11,285,686 $78,971,480 $164,457,889 $28,976,789 $145,505,610 $65,286,859 $20,111,164 $720,043,189

Units

2021 Value Permits

1,121 $306,765,680 1020 $286,498,442 47 $10,812,890 54 54 $9,454,348 25 1123 $127,020,603 126 $207,841,952 1982 $31,267,040 545 $207,024,707 63 $196,298,516 556 $55,946,666 4418 $1,132,165,164

Units

% Difference 20-21 Value Permits

1,200 $369,702,550 1128 $345,290,401 46 $10,666,860 26 26 $13,745,289 18 1247 $177,477,270 167 $303,155,486 1957 $34,540,855 626 $292,182,476 44 $100,620,350 487 $62,954,505 4499 $1,340,633,492

5-Yr Avg

Value Permits

7% 11% -2% -52% -28% 33% 15% -30% -12% 2%

21% 21% -1% 45% 40% 46% 10% 41% -49% 13% 18%

Units

Value

1,039 919 68 52 52 21 1005 133 2003 578 52 491 4318

$273,432,637 $248,731,264 $13,946,310 $10,755,063 $119,120,706 $209,944,229 $32,823,579 $183,227,731 $102,854,752 $46,707,457 $968,111,089

The HBA of F-M has additional year-end reports for purchase by members only. They include detail on new home builders’ permit activity, new housing and commercial permits by value and community. Cost is $100. Contact (701) 232-5846 or info@hbafm.com for details.

The HBA of F-M nurtures a thriving, innovative, and diverse housing industry in our community. It is a non-profit trade association of just under 750 members that has been in existence since 1956.

1802 32nd Ave S | Fargo, ND 58103 | (701) 232-5846 | info@hbafm.com | hbafm.com

Home Builders Association of Fargo-Moorhead Summary of Building Permits Granted 2021 - Year-to-Date (December) Page 2 Primary Communities FARGO, ND

2017 Permits

Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

444 318 28 98 15 62 1205 391 37 361 2515

Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

118 110 8 1 31 465 93 37 745

Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

314 253 43 18 27 436 55 5 15 852

Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

876 681 79 116 16 120 2106 539 42 413 4,112

MOORHEAD, MN

WEST FARGO, ND

TOTAL - Primary

Permits Plus 1/23/2022

Units

98 801

18 -

116 846

2018 Value Permits

$98,869,545 $79,983,547 $4,736,000 $14,149,998 $71,969,598 $115,265,485 $20,272,524 $78,327,227 $50,775,949 $40,667,272 $476,147,600

313 278 24 11 26 63 1003 397 26 307 2135

$23,085,405 $21,965,405 $1,120,000 $4,400,000 $58,682,137 $5,640,762 $26,624,235 $400,584 $118,833,123

135 122 13 7 16 446 90 54 748

$71,788,965 $58,462,965 $10,986,000 $2,340,000 $28,171,695 $7,051,755 $7,827,227 $13,028,343 $670,915 $128,538,900

385 355 30 4 29 351 52 8 65 894

$193,743,915 $160,411,917 $16,842,000 $16,489,998 $76,369,598 $202,119,317 $32,965,041 $112,778,689 $63,804,292 $41,738,771 $723,519,623

Units

11 914

185

139

833 755 67 11 11 37 1238 108 1800 539 34 426 3,777

2019 Value Permits

$81,838,949 $73,167,154 $5,871,800 $2,799,995 $92,097,293 $119,031,408 $18,663,231 $109,059,319 $50,519,819 $43,934,865 $515,144,884

312 268 4 40 2 56 857 425 42 136 1830

$27,385,287 $25,040,287 $2,345,000 $19,250,000 $9,151,660 $4,692,161 $31,672,616 $379,997 $92,531,721

125 117 8 3 20 464 96 49 757

$85,344,076 $80,503,076 $4,841,000 $24,417,285 $30,533,552 $5,452,471 $14,125,043 $10,136,186 $2,956,340 $172,964,953

312 228 70 14 3 28 317 68 12 71 811

$194,568,312 $178,710,517 $13,057,800 $2,799,995 $135,764,578 $158,716,620 $28,807,863 $154,856,978 $60,656,005 $47,271,202 $780,641,558

749 613 82 54 8 104 1638 589 54 256 3,398

Units

40 172

14 318

54 571

2020 Value Permits

$76,979,647 $68,393,961 $520,000 $8,065,686 $19,400,000 $116,258,978 $14,966,215 $98,295,291 $26,757,126 $9,335,232 $361,992,489

449 383 12 54 54 16 1019 64 932 362 44 291 2158

$23,904,849 $22,418,849 $1,486,000 $11,081,823 $11,693,761 $4,920,833 $26,020,058 $318,244 $77,939,568

129 120 9 4 13 507 96 37 786

$74,719,705 $58,893,705 $12,606,000 $3,220,000 $48,489,657 $32,527,950 $4,424,459 $16,756,385 $2,880,990 $9,307,008 $189,106,154

374 352 22 5 24 342 69 5 81 900

$175,604,201 $149,706,515 $14,612,000 $11,285,686 $78,971,480 $160,480,689 $24,311,507 $141,071,734 $29,638,116 $18,960,484 $629,038,211

Units

2021 Value Permits

$120,313,845 $108,319,447 $2,540,050 $9,454,348 $114,873,603 $138,056,323 $16,696,311 $147,826,843 $140,597,167 $49,226,990 $727,591,082

429 382 28 19 12 72 908 427 35 265 2148

$28,356,447 $26,676,547 $1,679,900 $7,422,000 $24,521,938 $4,790,397 $32,010,313 $455,651 $97,556,746

108 104 4 2 17 493 94 36 750

$103,677,956 $97,685,016 $5,992,940 $4,725,000 $34,425,315 $6,117,282 $21,444,947 $2,738,142 $3,508,471 $176,637,113

288 279 4 5 2 50 342 70 6 41 799

952 $252,348,248 855 $232,681,010 43 $10,212,890 54 54 $9,454,348 25 1123 $127,020,603 101 $197,003,576 1781 $27,603,990 527 $201,282,103 49 $143,335,309 409 $53,191,112 3,844 $1,001,784,941

No assurance is provided. Permit information reported here may have changed. For the most current permit information, please contact the individual cities.

Units

% Difference 20-21 Value Permits

Value

5-Yr Avg Permits

$126,870,474 $116,310,474 $6,420,000 $4,140,000 $135,623,645 $183,707,092 $18,086,194 $165,521,076 $85,589,200 $55,999,211 $771,396,892

-4% 133% -65% -25% 13% 18% -20% -9% -

5% 7% 153% -56% 18% 33% 8% 12% -39% 14% 6%

389 326 19 44 14 63 981 400 37 272 2157

$27,276,750 $26,476,750 $800,000 $22,583,625 $34,241,837 $5,891,948 $103,679,883 $396,500 $194,070,543

-16% -13% -56% -50% 31% -3% -2% -3% -5%

-4% -1% -52% 204% 40% 23% 224% -13% 99%

123 115 8 3 19 475 94 43 757

$101,101,356 $92,380,319 $837,500 $7,883,537 $9,970,000 $69,928,919 $7,161,153 $14,873,207 $8,140,950 $3,580,931 $214,756,516

-23% -21% -82% -60% 108% 1% 20% -49% -11%

-2% -5% -86% 111% 103% 17% -31% 197% 2% 22%

335 293 34 7 3 32 358 63 7 55 851

825 $255,248,580 765 $235,167,543 36 $8,057,500 24 24 $12,023,537 16 1139 $168,177,270 139 $287,877,848 1743 $31,139,295 591 $284,074,166 41 $93,730,150 342 $59,976,642 3,697 $1,180,223,951

-13% -11% -16% -56% -36% 38% -2% 12% -16% -16% -4%

1% 1% -21% 27% 32% 46% 13% 41% -35% 13% 18%

847 734 61 52 20 114 1814 557 44 369 3,765

19 839

176

5 124

Units

44 749

111

7 123

52 983

Value

$100,974,492 $89,234,917 $4,017,570 $7,722,005 $86,792,828 $134,463,857 $17,736,895 $119,805,951 $70,847,852 $39,832,714 $570,454,589 $26,001,748 $24,515,568 $1,486,180 $12,947,490 $27,658,267 $5,187,220 $44,001,421 $390,195 $116,186,340 $87,326,412 $77,585,016 $7,052,688 $2,688,707 $17,520,388 $39,117,486 $6,041,424 $15,005,362 $7,384,922 $4,004,733 $176,400,727 $214,302,651 $191,335,500 $12,556,438 $10,410,713 $117,260,706 $201,239,610 $28,965,539 $178,812,734 $78,232,774 $44,227,642 $863,041,657

Issue 1 | March 16, 2022

Home Builders Association of Fargo-Moorhead Summary of Building Permits Granted 2021 - Year-to-Date (December) Page 3 Bordering Communities DILWORTH, MN

2017 Permits

Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

7 7 5 43 2 17 74

Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

42 41 1 8 42 3 1 14 110

Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

49 48 1 13 85 5 1 31 184

HORACE, ND

TOTAL - Bordering

Units

2018 Value Permits

$1,146,000 $1,146,000 $5,156,413 $257,352 $79,385 $32,746 $6,671,896

15 15 2 30 5 18 70

$11,865,435 $11,465,435 $400,000 $1,496,000 $2,321,729 $389,400 $312,407 $448,791 $16,833,762

50 50 2 21 16 89

$13,011,435 $12,611,435 $400,000 $6,652,413 $2,579,081 $468,785 $312,407 $481,537 $23,505,658

65 65 4 51 5 34 159

Units

2019 Value Permits

$4,246,000 $4,246,000 $2,900,000 $301,359 $505,315 $527,000 $8,479,674

19 19 2 31 4 21 77

$13,538,825 $13,538,825 $300,000 $871,300 $892,300 $15,602,425

71 71 1 26 1 2 22 123

$17,784,825 $17,784,825 $3,200,000 $1,172,659 $505,315 $1,419,300 $24,082,099

90 90 3 57 5 2 43 200

Units

2020 Value Permits

$4,450,502 $4,450,502 $1,055,000 $258,429 $51,386 $164,298 $5,979,615

17 17 1 27 2 32 79

$19,495,690 $19,495,690 $750,000 $1,509,385 $55,000 $29,607,211 $539,226 $51,956,512

86 86 14 68 1 9 27 205

$23,946,192 $23,946,192 $1,805,000 $1,767,814 $106,386 $29,607,211 $703,524 $57,936,127

103 103 15 95 3 9 59 284

Units

2021 Value Permits

$5,266,824 $5,266,824 $1,075,000 $298,637 $165,000 $133,836 $6,939,297

16 16 1 4 33 9 22 85

$25,670,124 $25,670,124 $5,088,195 $1,471,346 $300,000 $47,796,983 $1,228,193 $81,554,841

293 283 8 2 12 112 6 2 34 459

$30,936,948 $30,936,948 $6,163,195 $1,769,983 $465,000 $47,796,983 $1,362,029 $88,494,138

309 299 8 2 1 16 145 15 2 56 544

7 1/23/2022

No assurance is provided. Permit information reported here may have changed. For the most current permit information, please contact the individual cities.

Units

2 -

2 72

% Difference 20-21 Value Permits

Value

5-Yr Avg Permits

$5,392,000 $5,392,000 $5,700,000 $3,186,900 $533,052 $300,625 $463,226 $15,575,803

-6% -6% 300% 22% 350% -31% 8%

2% 2% 196% 78% 82% 246% 124%

15 15 3 33 4 22 77

$86,152,594 $82,227,310 $2,203,532 $1,721,752 $7,142,095 $995,155 $1,338,000 $6,520,200 $1,439,126 $103,587,170

241% 229% -14% 65% 500% -78% 26% 124%

236% 220% 40% -32% 346% -86% 17% 27%

108 106 2 7 54 2 3 23 197

$91,544,594 $87,619,310 $2,203,532 $1,721,752 $5,700,000 $10,328,995 $1,528,207 $1,638,625 $6,520,200 $1,902,352 $119,162,973

200% 190% 7% 53% 400% -78% -5% 92%

196% 183% 68% -14% 252% -86% 40% 35%

123 121 2 10 87 7 3 45 274

Units

Value

$4,100,265 $4,100,265 $1,140,000 $2,674,663 $329,766 $220,342 $264,221 $8,729,257 $31,344,534 $30,479,477 $520,706 $344,350 $2,955,258 $1,433,783 $416,480 $16,847,360 $909,527 $53,906,942 $35,444,799 $34,579,742 $520,706 $344,350 $1,140,000 $5,629,921 $1,763,549 $636,822 $16,847,360 $1,173,748 $62,636,199

Home Builders Association of Fargo-Moorhead Summary of Building Permits Granted 2021 - Year-to-Date (December) Page 4 Neighboring Communities BARNESVILLE, MN Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous

2017 Permits

Total

4 4 1 59 3 23 90

Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

6 6 1 20 5 4 36

Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

1 1 7 1 4 13

Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

4 4 18 22

CASSELTON, ND

HARWOOD, ND

HAWLEY, MN

Units

2018 Value Permits

$1,389,000 $1,389,000 $96,000 $450,263 $20,545 $37,164 $1,992,972

11 11 3 32 2 2 72 122

$2,125,006 $2,125,006 $140,434 $380,816 $1,045,000 $23,579,037 $27,270,293

7 5 2 3 16 4 30

$220,000 $220,000 $75,500 $250,000 $207,000 $752,500

6 6 10 2 18

$1,025,000 $1,025,000 $1,997,125 $3,022,125

6 6 1 2 19 28

Units

2019 Value Permits

$1,810,757 $1,810,757 $253,108 $568,945 $1,062,000 $1,255,193 $723,574 $5,673,577

10 10 3 65 8 4 41 131

$2,643,000 $2,273,000 $370,000 $1,712,925 $414,600 $385,300 $5,155,825

4 4 18 4 2 3 31

$1,604,000 $1,604,000 $108,500 $30,000 $1,742,500

1 4 1 7 13

$1,547,900 $1,547,900 $4,000 $132,000 $244,275 $1,928,175

7 7 1 1 11 20

Units

2020 Value Permits

$2,055,000 $2,055,000 $326,200 $1,296,701 $325,990 $154,700 $152,256 $4,310,847

12 12 1 48 2 1 51 115

$1,172,885 $1,172,885 $488,050 $2,736,500 $2,417,000 $8,000 $6,822,435

2 2 6 12 7 1 13 41

$100,000 $113,000 $3,134,610 $102,000 $3,449,610

1 1 2

$1,865,000 $1,865,000 $800,000 $210,000 $76,700 $2,951,700

6 6 1 1 2 18 28

Units

2021 Value Permits

$2,799,000 $2,799,000 $70,000 $616,813 $51,500 $17,000 $787,040 $4,341,353

15 15 4 25 4 49 97

$351,915 $351,915 $3,535,181 $207,058 $4,608,244 $275,000 $348,785 $9,326,183

6 6 2 14 9 14 45

$75,000 $37,000 $112,000

1 2 1 4

$1,952,000 $1,952,000 $67,340 $361,860 $4,809,224 $114,700 $7,305,124

2 2 1 1 1 10 15

Permits Plus 1/23/2022

No assurance is provided. Permit information reported here may have changed. For the most current permit information, please contact the individual cities.

Units

% Difference 20-21 Value Permits

Value

5-Yr Avg Permits

$4,236,500 $4,236,500 $1,129,306 $384,299 $284,500 $293,580 $6,328,185

25% 25% 300% -48% 100% -100% -4% -16%

51% 51% 1513% -38% 452% -100% -63% 46%

10 10 2 46 4 1 47 111

$2,020,486 $2,020,486 $255,000 $369,000 $3,735,805 $399,500 $6,779,791

200% 200% -67% 17% 29% -100% 8% 10%

474% 474% -93% 78% -19% -100% 15% -27%

5 5 2 16 6 1 6 36

$6,768 $2,212,380 $65,150 $2,284,298

100%

-91% 76% 1940%

1 1 5 3 9

$610,000 $610,000 $3,600,000 $1,500,000 $370,000 $72,000 $6,152,000

-67% -67% -100% -100% -50% -44% -46%

-69% -69% -100% -100% -92% -37% -16%

5 5 1 1 1 15 23

Units

Value

$2,458,051 $2,458,051 $374,923 $663,404 $348,907 $285,379 $398,723 $4,529,387 $1,662,658 $1,588,658 $74,000 $1,128,708 $371,905 $2,502,170 $5,254,207 $151,257 $11,070,905 $364,800 $364,800 $20,000 $75,754 $442,476 $676,922 $88,230 $1,668,182 $1,399,980 $1,399,980 $720,000 $460,000 $56,268 $98,772 $1,035,845 $500,960 $4,271,825

Issue 1 | March 16, 2022

Home Builders Association of Fargo-Moorhead Summary of Building Permits Granted 2021 - Year-to-Date (December) Page 5 Neighboring Communities KINDRED, ND

2017 Permits

Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

5 5 2 9 2 1 19

Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

42 36 6 23 3 1 69

Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

16 16 2 1 19

Total Housing Starts Single Family Twin Home Row / Town House Duplex Multi-Family New Commercial Residential Remodel Commercial Remodel Public Miscellaneous Total

78 72 6 4 120 13 7 46 268

MAPLETON, ND

OXBOW, ND

TOTAL - Neighboring

9 1/23/2022

Units

2018 Value Permits

$1,500,000 $1,500,000 $345,000 $90,198 $18,500 $953,100 $2,906,798

10 10 11 1 1 23

$10,964,556 $9,726,556 $1,238,000 $133,173 $5,000 $68,000 $11,170,729

26 22 4 2 25 2 3 58

$12,501,603 $12,501,603 $744,500 $1,258,000 $14,504,103

13 13 2 1 16

$29,725,165 $28,487,165 $1,238,000 $581,434 $1,874,450 $1,089,045 $26,040,137 $2,309,289 $61,619,520

79 73 6 10 96 11 2 97 295

Units

2019 Value Permits

$3,211,956 $3,211,956 $144,049 $32,750 $3,000 $3,391,755

10 8 2 14 3 4 31

$7,086,934 $6,334,934 $752,000 $680,000 $634,020 $115,000 $304,000 $8,819,954

17 13 4 1 17 2 2 39

$7,223,357 $7,223,357 $350,000 $60,001 $7,633,358

8 8 2 4 14

$25,127,904 $24,005,904 $1,122,000 $2,996,033 $1,934,115 $1,727,050 $1,255,193 $1,304,849 $34,345,144

56 50 6 8 123 14 10 68 279

Units

2020 Value Permits

$2,670,525 $2,270,525 $400,000 $334,200 $335,222 $96,700 $3,436,647

14 10 4 2 17 3 1 3 40

$4,406,595 $3,826,595 $580,000 $44,000 $393,100 $1,265,000 $11,500 $6,120,195

17 17 1 17 2 2 39

$5,013,000 $5,013,000 $902,000 $62,417 $5,977,417

15 15 10 25

$17,183,005 $16,203,005 $980,000 $2,172,200 $2,897,468 $4,327,490 $6,041,532 $447,156 $33,068,851

66 62 4 10 106 15 5 88 290

Units

2021 Value Permits

$3,786,446 $3,186,446 $600,000 $270,000 $384,457 $226,000 $65,000 $88,500 $4,820,403

15 15 11 1 10 37

$4,935,505 $4,935,505 $800,000 $349,499 $30,000 $17,500 $6,132,504

21 19 2 5 12 4 5 47

$9,655,618 $9,655,618 $192,900 $9,848,518

7 7 6 13

$23,480,484 $22,880,484 $600,000 $4,675,181 $1,893,067 $5,277,604 $5,166,224 $1,393,525 $41,886,085

66 64 2 1 12 69 20 1 89 258

No assurance is provided. Permit information reported here may have changed. For the most current permit information, please contact the individual cities.

Units

% Difference 20-21 Value Permits

Value

5-Yr Avg Permits

$5,904,340 $5,904,340 $313,015 $15,000 $67,650 $6,300,005

7% 50% -100% -100% -35% -67% -100% 233% -8%

56% 85% -100% -100% -19% -93% -100% -24% 31%

11 10 1 1 12 1 1 4 30

$5,653,050 $5,247,222 $405,828 $2,064,337 $174,271 $222,000 $177,631 $8,291,289

24% 12% 400% -29% 100% 150% 21%

15% 6% 158% -50% 640% 915% 35%

24 21 3 2 19 3 3 51

$4,485,000 $4,485,000 $626,000 $5,111,000

-53% -53% -40% -48%

-54% -54% 225% -48%

12 12 1 5 18

3% -50% 20% -35% 33% -80% 1% -11%

-2% -2% -32% 6% -1% 23% -93% -23% -

69 64 5 9 103 15 5 78 278

$22,909,376 $ $22,503,548 $405,828 $3,600,000 $4,948,643 $1,873,353 $6,469,685 $370,000 $1,075,511 $41,246,568

Units

Value

$3,414,653 $3,214,653 $200,000 $123,000 $253,184 $58,450 $270,664 $51,170 $4,171,122 $6,609,328 $6,014,162 $595,166 $717,667 $336,813 $327,400 $115,726 $8,106,934 $7,775,716 $7,775,716 $250,400 $337,164 $251,600 $8,614,879 $23,685,187 $22,816,021 $869,166 $720,000 $3,074,698 $2,094,491 $3,778,175 $7,774,617 $1,306,066 $42,433,234

T:9" S:8"

GET UP TO $5,400 TO GET THE JOB DONE Shown with equipment from independent suppliers which is not covered by the GM New Vehicle Limited Warranty. GM is not responsible for the safety or quality of independent supplier alterations.

USING THE PRIVATE OFFERS1 FOR NAHB MEMBERS IS EASY:

1. Get your NAHB proof of membership. 2. Visit your local Chevrolet, Buick or GMC dealer and mention this Private Offer. 3. Select an eligible vehicle(s) to purchase or lease and present your NAHB proof of membership. For even more value, combine this offer with the National Fleet Purchase Program and Business Choice Offers. For full details on the Private Offer, NAHB members should visit nahb.org/gm. Example offer for NAHB members who are business owners purchasing a 2021 Chevrolet Silverado 2500 HD Crew Cab 1LT 4WD. Up to

Up to

$1,000 + $3,400 + $1,000 = $5,400 Private Offer 1

National Fleet Purchase Program (FVX)2

Eligible Accessory Cash Allowance3, 4

In Potential Value

1 Private offer amount varies by model; up to $500 offer for retail delivery and up to $1,000 offer for fleet deliveries. Valid toward the purchase or lease of eligible new 2020, 2021 and 2022 model year vehicles. Customer must take delivery by 1/3/2022. Not compatible with some other offers. Not valid on prior purchases. Excludes all Cadillac vehicles; 2020 Buick Cascada, LaCrosse, Regal and Verano; Chevrolet Colorado 2SA, Sonic, Trax, Volt and GMC Canyon 2SA; 2020-2021 Encore 1SV; Chevrolet Blazer, Camaro, Corvette, Equinox 1SM, Malibu 1VL, Traverse 1L0; GMC Acadia 1SV and Terrain 2SA. Additional GM models may be excluded at GM’s sole discretion. See dealer for details. 2Offer available to qualified fleet customers through 1/3/2022. Not compatible with some other offers. Take delivery 1/3/2022. See dealer for details. 3To qualify, vehicle must be used in the day-to-day operations of your business and not solely for personal/ non-business-related transportation purposes. Must provide proof of business ownership. For complete program requirements, including information regarding offers, vehicles, equipment, options, warranties and ordering, consult your dealer or visit gmbusinesschoice.com. 4Eligible purchases must be equal to or greater than the amount of the cash allowance. Accessory Cash Allowance requires purchase of the eligible accessories from your dealer.

Permits Plus

U.S. REGULAR GASOLINE PRICES (DOLLARS PER GALLON) Source: Energy Information Administration

U.S.

February 14

February 21

February 28

March 7

March 14

$3.321

$3.352

$3.466

$3.916

$4.091

$3.487

Midwest

$3.530

SEASONALLY ADJUSTED UNEMPLOYMENT RATES Dec 2019

Dec 2020

Minnesota

Dec 2021

*Preliminary

Source: bls.gov

3.1%

4.7%

North Dakota

3.1%*

$3.608

$4.102

$4.315

SINGLE AND MULTI-FAMILY BUILDING PERMITS Dec 2021

Minnesota

Dec 2020

% change

30,753

25%

3,327

1,451,579

19%

1,969

16%

Source: NAHB

38,334 North Dakota Source: NAHB

Source: bls.gov

2.2%

4.7%

United States

3.1%*

3,442

United States Source: NAHB

Source: bls.gov

3.6%

6.7%

Fargo-Moorhead

3.9%

1,729,910 Fargo-Moorhead Source: NAHB

Source: bls.gov

2.1%

3.8%

2,293

2.4%

MORTGAGE RATES - APR

NATIONAL HOUSING MARKET INDEX

Source: Wells Fargo as of March 15, 2022

Source: National Association of Home Builders

15-Year Fixed

3.625%

30-Year Fixed

4.250%

30-Year Fixed VA

3.875%

15-Year Jumbo

3.750%

LOCAL REAL ESTATE

Source: F-M Area Association of Realtors Dilworth, Fargo, Moorhead, West Fargo | Single-Family, Condo, Townhouse, Twin Home, Duplex

Dec 31 2021 YTD

Dec 31 2020 YTD

% change

$284,543

$259,365

10%

$1,061,060,011

$939,418,507

13%

492

569

-14%

3,237

3,053

Closed MLS Volume

Range is 0-100. *Preliminary

3.500%

30-Year Jumbo

Home Prices

HMI is based on a monthly survey of NAHB members designed to take the pulse of the single-family housing market. Respondents rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes.

Closed MLS Volume - New Construction Closed MLS Volume - Existing Residential Units

National

Housing Market Index

Dec 2021

Jan 2022

Feb 2022*

SF Sales: Present

Prospective Buyer Traffic

SF Sales: Next 6 Mo Regional HMI Northeast

South

Midwest West

Spring is here!

71 91

Reach thousands primed for building or remodeling.

First 3 Weekends In May Issue 1 | March 16, 2022

Reserve your space now in our event magazine and website, paradefm.com. Deadlines are coming quickly! Digital or print, we have the tools that can reach your target market. Contact Spencer Carlson at (701) 232-5846 or spencer@hbafm.com. Limited sponsorships available, too. 11

Home Builders Association of F-M 1802 32nd Ave S Fargo, ND 58103

Tax Exemption continued from front page

your eyes open for calls to action! HBA of F-M fought aggressively during the 2021 North Dakota legislative session to protect the property tax exemptions on newly constructed homes and succeeded.

Contractors responsible for drainage plan compliance in Moorhead

Moorhead’s building inspections has updated forms for 2022! The building permit application now includes water meter size; this information is required for all new home construction permit requests. The sidewalk installation acknowledgment and lot grading acknowledgment forms are required upon application.

For any new home submissions, the city of Moorhead will no longer complete backyard drainage staking and inspections. The new lot grading and drainage acknowledgment form still requires a signature, but the contractor or builder will be solely responsible for compliance of the drainage plan. For any previous lot grading and drainage acknowledgment forms signed in 2021, the city will fulfill the staking and inspections and maintain previous procedures. Content compiled by Krista Mund Executive Vice President | kristam@hbafm.com

HBA Spring/Summer Safety Series with OECS OSHA + Environmental Compliance Systems APRIL 13 Saving Money with SIP MAY 11 Telehandler & Scissor Lift Regs JUNE 8 Tips to Deal with Tight Worksite Accesses JULY 13 Mock OSHA Inspection Register through the calendar at hbafm.com. Keep your crew safe & save money.

Permits Plus