Foundations JUNE - JULY by Rochester Area Builders, Inc.

99 North Construction + A&A Electric & Underground, Inc. + AB Systems, Inc. + Abacus Engineering + Abbco Company + ABC Supply Co., Inc. - North Rochester + ABC Supply Co., Inc. - South Rochester + ABC Water Conditioning Service, Inc. + Above All Roofing of Rochester, Inc. + Accord Electric, Inc. + Action Plumbing, Heating & A/C + Adair Electric Company + Adamson Motors + Advanced Builders & Remodeling + Advanced Building Center, Inc. + Advanced Disposal + Advantage Cabinets, Inc. + Aerotek + Alexander & Sons Builders + All Craft Exteriors, LLC + All Sons' Exteriors, Inc. + Allegra Marketing + All-Star Basements + Altra Federal Credit Union + American Engineering Testing, Inc. + American Waterworks + And More By Kori + Andersen Windows, Inc. + Anderson Construction + Appliance Village Company + Arcon Land, LLC + Arrow Building Center + Associated Bank + Ausrud Tile & Stone, LLC (A.T.S.) + B&C Plumbing & Heating, Inc. + Barton Brothers Construction, LLC + Basement Water Control + Batzel Builders, Inc. + BBHA Rochester, LLC + BDS Contract Door & Hardware Co. + Beacon Roofing Supply + Beckley's Office Products + Bell Bank Mortgage + Benike Construction + Beyond Kitchens, LLC + Bigelow Homes + Bigelow-Lennon Construction, LLC + Blooming Prairie EDA + Bobcat of Rochester + Bolton & Menk, Inc. + Brandl Anderson Homes, Inc. + Brandon Henderson's Construction Plus, LLC + Brauer Roofing, Inc. + Braun Intertec Corporation + Brekke Fireplace Shoppe + Bremer Bank + Brennan Companies + Bricewood, LLC + Briese Iron Works, Inc. + Bright Ideas + Brinkman Builders, LLC + Brock White Company + Brooks Excavating Company, Inc. + Bruce Bucknell Construction, Inc. + Budget Blinds + Building Restoration Corporation + Burdick Builders, Inc. + Byrne Electric, Inc. + Cachiaras Building & Remodeling + Cambria + CAPS Kitchen & Bath + Carl Bolander & Sons, LLC + Carpet One of Rochester + CarpetsPlus of Rochester + Castlewood Homes, Inc. + Cemstone Supply + Centurion Ridge, LLC + Charlie's Eatery & Pub + Charter Communications / SpectrumReach + Charterpoint Wealth Strategies + Chatfield Lumber Company, Inc. + Chladek Construction, LLC + Chosen Valley Testing, Inc. + Chris Fritsch Custom Homes, LLC + Christian Brothers Cabinets + CHS, Inc. + City of Byron + City of Chatfield + City of Elgin + City of Eyota + City of Kasson + City of Lanesboro + City of Preston + City of Spring Valley + Citywide Insulation, Inc. + CLA + Claremont EDA + Clements Chevrolet Cadillac + Coldwell Banker Burnet + Comfort Air, Inc. + Commercial Leasing Services + Compeer Financial + Completely Clean + Consolidated Communications, Inc. + Construction Partnership, Inc. + Cordes Construction + Cornerstone Builders & Real Estate, Inc. + Corporate Web Services, Inc. + Coulee Bank + Counselor Realty of Rochester, Inc. + Country Financial + Countryside Builders, LLC + Craig Swanson Builders, Inc. + Cravath Homes, LLC + Creative Curb Appeal + Creative Hardwood Floors + Crescent Electric Supply Company + CRW architecture + design group, inc. + Culligan of Rochester & Kasson + Curry's Custom Cut Gutter, LLC + Curtin Drywall, Inc. + Custom Alarm / Custom Communications Inc + Custom Homes by Bradley, Inc. + Custom Retaining Walls & Landscaping, Inc. + Dakota Supply Group, Inc. + Dale Gathje Construction, Inc. + Dan Severson Builders, Inc. + Data-Smart Computers, Inc. + David Reiland Building Contractor, LLC + DeGeus Tile & Granite + Derby Construction, LLC + Design Studio B + Destination Building Center + Destination Medical Center EDA + DeWitz Home Builders, Inc. + Dickison Builders, LLC + DiNicola & Pestka Appraisals + Distinguished Homes by Mitch Hagen, LLC + DMC Plumbing & Heating, Inc. + Dodge County EDA + Dolan's Landscape Center, Inc. + DoubleTree by Hilton + Duke Aerial, Inc. + Dunham Associates, Inc. + Dunlap & Seeger PA + Dynamic Masonry Products, LLC + Eckert Construction, Inc. + ECSI System Integrators + Edel Construction, LLC + Edina Realty Home Services + Elcor Construction, Inc. + Elcor Realty of Rochester, Inc. + Elias Construction, LLC + Elite Concrete Lifting of Minnesota, LLC + Ellingson Companies + Elsmore Plumbing, LLC + Enercept, Inc. + Energy Panel Structures + Energy Products & Design, Inc. + EO Johnson Business Technologies + ERH Developing, Inc. + Expert Insulation, Inc. + Express Employment Professionals + F&M Community Bank + Fairway Outdoor Advertising, LLC + Family Tradition Flooring + FASTSIGNS + Ferguson Enterprises + Fillmore County EDA + First Alliance Credit Union + First Security Bank + Ford Metro, Inc. + Foster Construction, Inc. + Foster Klima & Co. + Franklin Energy + Frattalone Companies, Inc. + Gary Kline Roofing, Inc. + Gerhards - The Kitchen & Bath Store + Godwin Dold + Golden Tee Development + Goodin Company + GP Development, Inc. + Grand Meadow EDA + Great River Overhead Door + Green Lawncare Irrigation & Service Co. + Greg Speedling Contracting, Inc. + Greg Wellik Construction + Grinde & Dicke Law Firm P.A. + Guaranteed Rate Inc + H&H Company of Rochester, LLC + Haley Comfort Systems + Hallmark Building Supplies, Inc. + Hamilton Plumbing (Merged with B&C) + Hammer Homes Inc + Hanson Construction & Specialty Cabinets, LLC + Harmony EDA + Harris Rochester, Inc. + Hartman Complete Lawncare, LLC + Haworth & Company, Ltd. + Hayfield Window & Door Company + HDR Architecture + Heartland Security Services LLC + Heartman Insurance + Heartwood Homes of Rochester, Inc. + Hentges Glass Company + HGA Architects and Engineers + Hicks Electric, Inc. + Higgins Custom Cabinetry + Highmark Builders + Hiller's Flooring America + Hirshfield's Decorating Center + Home Federal Savings Bank + Home Improvement Professionals, Inc. + Houston County EDA + Hunt Electric Corporation + Hutch's Custom Cabinets + Hy-Vee Stores + ICC Restoration & Cleaning Services + iHeartMedia + Innovative Surfaces, Inc. + Innovilla Custom Homes + Installed Building Solutions II, LLC + IntegraSpec Central/Jeff Mueller Construction + Interiors by J.Curry, LLC + International Brotherhood of Electrical Workers Local 343 + J&M Consulting + J.F. Ahern Company + J.Luxe Interiors, LLC + Jaguar Communications + James Hardie Building Products + Jeff Feece Designs + Jeff Hinkle Custom Homes, Inc. + Jim Kostroski Construction, LLC + Jim Whiting Nursery & Garden Center, Inc. + Johnson Printing + JP's Construction Remodeling & Repair, Inc. + Junge's Flooring + K&M Glass Company + K&S Heating, A/C, Plumbing & Electrical + Kahler Hospitality Group + Kariel, Inc. + Kendell Doors & Hardware, Inc. + Kenny Sylvester + King's Flooring, LLC + Kirkland Enterprises, LLC + Kitchens Plus + Construction, LLC + Key Builders, Inc. + Kimley-Horn & Associates, Inc. + KIMT - CBS 3 KLHome Staging, LLC + Knight Barry Title United, LLC + Knutson Construction Services + Koball's Poured Walls, Inc. + Kramer Contracting, LLC + Kraus-Anderson Construction Company + Kreofsky Building Supplies + Kruger Electric, Inc. + Kruse Lumber + KTTC / KXLT-TV + Kuehn Motor Company, Inc. + Kuntz Electric, Inc. + Kwik Trip, Inc. + Lacina Siding & Windows, Inc. + Laitala Tile Company + Lake City EDA + Larry Newman Legends Concrete, Inc. + Leitzen Concrete Products, Inc. + Lembke Construction, Inc. + LeRoy Drywall + Larson Siding & Windows + LegalShield + + Leyendecker Homebuilders, LLC + Lodermeier's, Inc. + Lowe's Home Improvement + Economic Development Authority + Lewiston EDA Luxury Bath Remodeling + LVC Companies, Inc. + M.P. Kaye Builders, Inc. + Madery Construction, LLC + Maier Tree & Lawn + Majestic Homes, Inc. + Maplewood Custom Homes + Markham Homes, LLC + Marvin Windows & Doors + Massey Land Surveying & Bank + McGough Construction + MDH, Inc. + Med City Builders of Rochester, LLC + Engineering + Master Builders, Inc. + MBT Med City Painting & Decorating, Inc. + MedCity Consulting + MedCity Duct Cleaning, LLC + Meier Companies, Inc. + MEP Associates + Merchants Bank + Merit Contracting, Inc. + Meyer Borgman Johnson, Inc. + Michael Jack, LLC + Michael's Custom Cabinets, Inc. + Midwest Floor Solutions, Inc. + Midwest Walls, LLC + Mike Allen Homes, LLC + Minnesota 97.5 FM KNXR + Minnesota Building Contractors + Minnesota Energy Resources Corporation + Minnwest Bank + Minuteman Press + MLT Group + Molin Concrete Products Company + Moneycap, LLC representing Family Heritage Products + Montgomery Meadows Development, LLC + Morris Concrete, Inc. + Mortenson + Morton Buildings, Inc. + NAWIC S o u t h e a s t Minnesota Chapter 346 + Norbord + North Risk Partners, C.O. Brown Division + NRZ Construction & Consulting, LLC + Nuss Truck & Equipment + Ohly Law Office + Olmsted County Planning Dept, Enviro Safety Div + Olmsted County Public Health + Olmsted Medical Center + On Site Companies + ONB Bank + Otis Custom Homes, LLC + Overhead Door Company of Olmsted County + Paape Energy Services + Pace International + Palmer Soderberg, Inc. + Paramark Corporation + PC Applications Consultants, Inc. + Pearson Builders, Inc. + Pella Windows & Doors + Penz Custom Homes, Inc. + People's Energy Cooperative + Peterson Well Drilling, Inc. + Pine Island EDA + Pine Island Lumber + Pompeii Painting, Inc. + Post-Bulletin Company, LLC + PowerLift Doors by French Manufacturing, Inc. + Powers Ventures + Prehn Building Sales, Inc. + Premier Alarm o & Security, Inc. + Premier Bank Rochester + Prime Time Painting of Rochester, LLC + Priority Construction Services + Pro Image Promotions & Apparel + Providentia, LLC + Quality Overhead Door Company, Inc. + Quality Siding & Window, Inc. + R&M Development Company + R. Fleming Construction, Inc. + R.J. Manemann Custom Homes, Inc. + Radcliffe Homes & Remodeling + Range Custom Homes, LLC + RE/MAX Results + Real Property Appraisals, LLC + Realty Edge Team + Region Millworks, Inc. + Robert Gill Builder, Inc. + Roberts Hamilton + Rochester Area Appraisals, LLC + Rochester Area Chamber of Commerce + Rochester Area Economic Development, Inc. (RAEDI) + Rochester Area Foundation + Rochester Asphalt & Concrete, Inc. + Rochester Building Safety Department + Rochester Community & Technical College (RCTC) + Rochester Concrete Products, LLC + Rochester Plumbing & Heating/Roto Rooter + Rochester Public Utilities (RPU) + Rochester Public Works + Rochester Ready Mix Concrete Company + Rochester Title & Escrow Company, Inc. + Rochester Towneclub, LLC + Rory's Home Improvement, LLC + RSM US LLP + RSP Architects + Ryan Companies US, Inc. + Ryan Electric, Inc. + Ryan Windows & Siding, Inc. + Rymark Construction, LLC + S&S Overhead Door, Inc. + S.L. Contracting, Inc. + Sargent's Landscape Nursery, Inc. + Schad Tracy Signs, Inc. + Schluter Systems + Schoeppner, Inc. + Schwab LLC + Schwickert's Tecta America, LLC + Scott Berberich Construction, LLC + Seavey Builders, Inc. + Shanahan Building & Remodeling, LLC + Sherwin Williams Company + Short Elliott Hendrickson Inc. (SEH) + Smith Schafer & Associates, Ltd. + Solar Connection, Inc. + Somerby Golf Community + Southeastern MN Multi-County HRA + Space Concepts, Inc. + Spring Grove EDA + St. Charles EDA + Stadsvold's Lawn & Landscape + Stantec + Sterling State Bank + Steve Gentry Construction, LLC + Stevens Heating, Inc. + Stewart Title + Stewartville EDA + Stier Construction, Inc. + Stone Expressions + StoneBridge Builders, LLC + Stonybrook of Rochester, Inc. + Summit Custom Homes, LLC + Summit Fire Protection Company + Sunbelt Rentals + Superior Mechanical + Superior Water Conditioning + Swenke Ims Contracting, LLC + Synergy Products + Tamarack Materials, Inc. + Thatcher Pools & Spas, Inc. + The Boldt Company + The Design Connection + The Flooring Collective + The Home Depot + The Pinske Edge + The Rescued Room + Thiemann Construction, Inc. + Thimijan Custom Homes, LLC + Think Mutual Bank + Thomas Tool & Supply + Thompson's Garage Door and Openers + Tile Superstore & More + TLC Surfaces, LLC + TLS Companies, LLC + Todd Eidem Construction, Inc. + Tom Brogan Heating & Air Conditioning + Tom Kalmes Construction, Inc. + Tonna Mechanical, Inc. + Top Shop of Rochester, Inc. + Total Electric of Rochester, Inc. + Townsquare Media Rochester + Tradesmen International + Traditional Wood Builders + Tri Star Insulation + Tri-State Insulated Concrete Forms + TSP, Inc. | Architecture, Engineering, Planning + Tulip Tree Studios + Two Rivers Habitat for Humanity + U.S. Bank + United Rentals + Valor Mechanical, Inc. + Val-U-Blinds + Veit Companies + Viking Automatic Sprinkler Company + Viking Electric + Vision Homes + W.L. Hall Company + WA Insurance + Warners' Stellian Appliance Company, Inc. + Waste Management + Weis Builders, Inc. + Welker Custom Homes, Inc. + Weller Brothers Landscaping + Wells Concrete + Wells Fargo Bank Minnesota NA + Wells Fargo Home Mortgage + Wendland Utz + Werner Electric West Bank + West Concord EDA + WHKS & Company + Widseth Smith Nolting + a publication of +Wildwood Sports Bar and Grill + Wilson Tibor & Maves, Ltd. + Wintrust Mortgage + Wobig Construction, LLC + Women Communications, LLC + Wright Homes, Inc. + WSB & Associates, Inc. + WT Lighting + XRG Concepts, LLC + Your Home Improvement Company + Zen Custom Homes + Zillgitt Civil Design + Zimprovements = RAB

RAB

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JUN-JUL

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F O U N D AT I O N S Rochester Area Builders, Inc.

FOUNDATIONS June - July 2019

www.RochesterAreaBuilders.com

ROCHESTER AREA BUILDERS, INC. 2019 CALENDAR OF EVENTS

EVENTS

Index JULY Calendar.......................................2 RAB 2019 Calendar of Events.............3 Presidents Letter..................................4 40 Below Event.................................. 6 Fall Showcase..................................... 7 Remodelers Tour................................ 7 Networking Night.............................. 8-9 Golf Outing....................................10-13

JUNE 25 JULY 4-5 30

2020 Networking Night Host........... 14 Networking Night @ The Pinske Edge

Home Show........................................ 15 Office Closed for Independence Day TBD NAHB Mid-Year Board Meeting – TBD Member Appreciation Night @ Mayowood Stone Barn

AUGUST 27 Networking Night @ Podein’s Power Equipment with the City of Stewartville SEPTEMBER 2 Office Closed – Labor Day 12 Sporting Clay Shoot 21-22 Remodelers Tour 21-22, 28-29 Fall Showcase of Homes 24 General Membership Meeting @ DoubleTree OCTOBER 29 NOVEMBER TBD 21 28-29 DECEMBER 6 24-25

New Member Welcome.................... 14

Networking Night @ Bobcat of Rochester Past Presidents Dinner Celebration of Leaders Dinner Office Closed – Thanksgiving Holiday Christmas Party @ Hilton Office Closed – Christmas Holiday

FUTURE DATES International Builders Show January 21-23, 2020 – Las Vegas, NV Builders Home Show February TBD, 2020 – Mayo Civic Center

Ask the Professional........................ 16 Sporting Clay Event.......................... 17 GET CONNECTED!............................18 Elliott Eisenberg...............................19 Rochester School Volunteer Rally...20 NAHB - Eye On Housing................... 21 Project Build.....................................23 NAHB Auto Deal................................ 24 Membership Update........................26 NAHB - Eye On Housing................... 27 Rochester & Byron Building Permits.....................28 Olmsted Building Permits................29 Foundations Ad Opportunity............ 31 Member Rebate Program................32 Information from RAB......................33 Build Your Home Tax Free................34 NAHB Member Discounts................35 Executive Director/Editor John Eischen Production Shelly Bahlmann The Rochester Builders newsletter is the official publication of Rochester Area Builders, Inc. This newsletter is published and distributed monthly to its members and others associated with the building industry. Neither the advertisers, nor RAB will be responsible or liable for misinformation, misprints, typographical errors, etc., herein contained.

108 Elton Hills Lane NW Rochester, MN 55901 Phone: 507-282-7698

www.RochesterAreaBuilders.com

FOUNDATIONS June - July 2019

Letter from The President

ne of the many reasons I have always enjoyed being a Rochester Area Builders member is the opportunity to give back to our community through volunteerism. It shouldn’t be a surprise that employees who are encouraged to volunteer are more loyal to their job and work better as a team. However, teamwork and collaboration only improve when people trust each other more, and encouraging volunteerism is a great way to strengthen trust. I am grateful to work for Valor Mechanical, a company that values its strong ties and engagement within the greater Rochester area. I encourage you all to look at the many volunteer opportunities available through Rochester Area Builders events, committees, and boards. There is always an extra hand needed and now is the time to get involved. Rochesterfest is a great way to get involved. This event is committed to promoting and celebrating the city of Rochester and southeast Minnesota annually by connecting people through a variety of wholesome, entertaining community events. This year, Family Service Rochester will be raffling off the playhouses and pergola that our members built. Rochester Area Builders will have a tent next to them with fun games including Hammer-Schlagen, high striker, and builder blocks to keep attendees entertained while sharing information about our organization. Plan on stopping by to visit with our volunteers and to support Family Service Rochester. In addition to the RAB booth, 40 Below will be at Rochesterfest’s Family Fun Night helping children build step stools. This was a huge hit last year so we’re looking forward to bringing it back. Kits will already be assembled for easy construction and hammers and eye protection will be provided. We are looking for eight volunteers per shift on Wednesday, June 26 from 5:30 – 7:00 pm and 7:00 – 8:30 pm. If you have any questions or would like to volunteer please contact Rebekah at Rebekah@RochesterAreaBuilders.com. Social and networking events are a time where RAB members can build lasting relationships within the community. Our next Networking Night will be hosted by The Pinkse Edge on Tuesday, June 25 from 4:30 – 6:30 pm. Please bring a guest and encourage not only the growth of RAB membership, but the entire skilled trades industry. Being a leader means helping others up the ladder and introducing them to opportunities along the way. We need up and comers in the industry to thrive in southeast Minnesota. Speaking of fun social events, the 2019 RAB Golf Outing was June 6th at Willow Creek Golf Course. This annual event is always highly anticipated and the weather was definitely on our side that day. Thank you to all our members for signing up and for inviting others to play a round of golf and learn more about Rochester Area Builders. We appreciate everyone who pitched in to make this day a success. Finally, we have three important marketing events coming up soon and I want you all to consider participating. First, the Remodelers Tour is September 21 – 22 and is a fantastic way to gain exposure for your company and your projects. All remodelers are eligible to participate, including designers, landscape contractors, architects and so on. The early entry deadline is July 18 and final deadline is August 22 – do not miss this opportunity! Second, the Fall Showcase of Homes is the last two weekends of September. It is an opportunity for southeast Minnesotans to visit brand new homes which are completely finished along with newer subdivisions. Use this event to show off the newest trends in home building and visit with prospective home buyers in our area. Third, it’s already time to start thinking about the 2020 Home Show. First right of refusal booth registration opens June 21. You have until August 1 to get the same booth you had in last year’s show before it becomes available to the public for Open Booth sales that start August 2. Please visit the RAB Member Zone for more information. Thank you all for everything you do and have a great July.

Jerry Jensen Valor Mechanical 2019 RAB President 4

FOUNDATIONS June - July 2019

www.RochesterAreaBuilders.com

During our home buying process, Altra took great care of us. They made us feel like we were their number one priority and always greeted us with a smile. Cichosz Family |Altra Members

Work with Altra’s Experienced Lenders Today! LOCAL EXPERTISE & SERVICING EASY PREAPPROVAL & LOAN CLOSING

PURCHASE • REFINANCE • BUILD 3833 Cascade Creek Rd. NW

(Corner of 19th St. & West Circle Drive)

123 16th Ave. SW, Suite 500 Rochester, MN

507-258-4500 • 800-755-0055 www.altra.org Contact Altra for more information. Equal Housing Lender. Federally insured by NCUA.

www.RochesterAreaBuilders.com

FOUNDATIONS June - July 2019

www.RochesterAreaBuilders.com

September 21-22 & 28-29, 2019 11:00am to 5:00pm Saturday & Sunday The 2019 Fall Showcase will be here before you know it! Get your latest and greatest homes, townhomes, developments, and townhome communities out in front of the public. Deadlines: 1st Deadline: July 11 - $200 discount 2nd Deadline: August 1 - $100 discount Final Deadline: August 22 Entry Information and Forms

Remodelers

Sep 21- 22, 2019 11:00am to 5:00pm Saturday & Sunday

Do you have a remodeling project you would like to have open to the public so they can see the finished results firsthand? The Remodelers Tour has been created to offer you this great marketing opportunity. Itâ&#x20AC;&#x2122;s a fantastic way to gain exposure for your company and your projects. All remodelers are eligible to participate, including designers, landscape c ontractors, architects and so on. Deadlines: 1st Deadline: July 18 - $100 discount Final Deadline: August 22 Entry information and forms can be found HERE! www.RochesterAreaBuilders.com

FOUNDATIONS June - July 2019

May Networking Night Scrapbook

FOUNDATIONS June - July 2019

www.RochesterAreaBuilders.com

FOUNDATIONS June - July 2019

VOLUNTEER BELoW OPPORTUNITIES RAB

FORTY

CONNECTING. BUILDING. ENGAGING.

Community Project at Zumbro Ridge Estates 40 Below has committed to helping Zumbro Ridge Estates build a new bus shelter for the neighborhood kids. We have a project manager secured, but we are still looking for individuals/businesses to donate labor and materials. If you have any questions or would like to donate to or volunteer for this project please contact Rebekah.

THANK YOU FOR VOLUNTEERING

RAB

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BEL W CONNECTING. BUILDING. ENGAGING.

FOUNDATIONS June - July 2019

www.RochesterAreaBuilders.com

RAB Golf Outing Review Thank You to our wonderful Sponsors! Gold Tee Sponsor:

LUNCH SPONSOR: Think Mutual Bank PUTTING CONTEST SPONSOR: Rochester Title & Escrow CLOSEST TO THE FLAG: The Builders Group BREAK THE GLASS: Larson Siding & Windows CIGAR CART SPONSOR: Tradesmen International, Inc. DRINK CART SPONSORS: Carpet One Valor Mechanical GAZEBO SPONSORS: MedCity Duct Cleaning Stewart Title HOLE-IN-ONE CONTEST SPONSOR: Clements Chevrolet Cadillac APPETIZER SPONSOR: Knutson Construction Services, Inc. CART SPONSORS: Brock White On Site Companies McGough Construction Stewartville EDA Kraus-Anderson F&M Community Bank Wells Fargo Home Mortgage Harris Rochester Junge’s Flooring

www.RochesterAreaBuilders.com

TEE & GREEN SPONSORS: ABC Supply Company, Inc. - North Roch Ahern Fire Protection Altra Federal Credit Union Bell Bank Mortgage Braun Intertec Corporation Clements Chevrolet Cadillac Subaru CLA Custom Alarm/Communications, Inc. Destination Building Center Edina Realty Home Services Energy Products & Design Haley Comfort Systems/Bright Ideas Heartman Insurance Home Federal Savings Bank James Hardie Building Products Knight Barry Title United, LLC Knutson Construction Services LVC Companies Merchants Bank Midwest Floor Solutions Minnesota Energy Resources North Risk Partners, C.O. Brown Div. ONB Bank Pella Windows & Doors Pompeii Painting, Inc. Premier Bank Rochester Smith Schafer & Associates Somerby Golf Community Sunbelt Rentals The Pinske Edge Warner’s Stellian Appliance WSB & Associates, Inc. XRG Concepts, LLC

FOUNDATIONS June - July 2019

RAB GO F O TING 20 9

Thank you to everyone that helped make the RAB Golf Outing a success!

FOUNDATIONS June - July 2019

www.RochesterAreaBuilders.com

FOUNDATIONS June - July 2019

Welcome New Member Enercept Structural Insulated Panels (SIPs) Joe Sears Regional Sales Manager 605-882-2222 Cell: 605-881-2160 3100 9th Ave SE Watertown, SD

Enercept has been a leader in the SIPs Industry for over 30 years. We specialize in custom SIPs for residential, commercial, industrial, and agricultural buildings. Enercept has built a reputation for delivering the most customized SIPs on the market. That is why we are the “builders’ choice.” We also manufacture solid blank panels that can be fabricated on site, and non-structural panels in sizes up to 8’ x 24’. Enercept SIPs meets the code requirement of continuous insulation. Joe excited about getting to know you and working with the RAB members.

Interested in hosting a Networking Night in 2020? There’s just a few dates remaining. Contact Rebekah before they’re gone!

Networking Night Host 2020 14

FOUNDATIONS June - July 2019

www.RochesterAreaBuilders.com

2020 Booth Registration FIRST RIGHT OF REFUSAL BEGINS: JUNE 21st

ONLINE REGISTRATION Friday, February 7th; 3:00p - 8:00p Saturday, February 8th; 9:00a - 6:00p Sunday, February 9th; 11:00a - 4:00p

â&#x20AC;¢ 10' x 10' Booth Space = $730 â&#x20AC;¢ Non-member fee of $295

â&#x20AC;¢ First right of refusal starts: June 21, 2019 â&#x20AC;¢ Open booth date: August 2, 2019 â&#x20AC;¢ 2 for 1 Friday Adult Tickets â&#x20AC;¢ Construction Career Center

â&#x20AC;¢ Resource Way: Sustainability and Energy Efficiency â&#x20AC;¢ Seminars on Saturday & Sunday

New For 2020 â&#x20AC;¢ Featured attraction (Announcement soon) â&#x20AC;¢ Lower adult admission

â&#x20AC;¢ 17 and under admission FREE â&#x20AC;¢ Online booth registration

www.RochesterAreaBuilders.com

Call 507-282-7698 or email Shelly with questions.

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FOUNDATIONS June - July 2019

ASK THE

SMART HOME SECURITY EXPERTS BY CUSTOM ALARM

• What is a Smart Home? o With one click in your phone app your home will perform multiple operations. You don’t need to open up multiple apps. With a Smart and Responsive Home by selecting “Arm Away” your security system will turn on, doors will lock, front lights will turn on, garage door will close, and the temperature will adjust. o Set up a ‘Smart Scene’ to perform those same functions and received notifications straight to your phone. • What is a ‘Smart Scene’ or ‘Schedule’? o These give you flexibility to move about your home and life without having to worry about:  What temperature your home is whether you are home or away.  What lights are on (that are connected via Z Wave) or off and when they should be on or off.  If the Z Wave door is locked or unlocked. o Customize your ‘Smart Scene’ to fit the needs of you and your family, customize to when and how you are notified. • What is Z Wave technology? o C u s t o m A l a r m utilizes Z Wave enabled devices. This is a secure wireless frequency connecting all Z Wa v e e n a b l e d devices to a smart hub located in the control panel. Z Wave devices do not rely on your Internet or WIFI to communicate, it is similar to how Bluetooth connects speakers to your smart phone. Control devices remotely or at the device itself and it sends a signal to the main hub communicating the change in its status. • What advantages does Z Wave enabled devices have over similar WIFI enabled devices? o One single app controls your whole home. No need for a brand specific app for each device (Like you find in DIY systems). o No extra devices on your WIFI, that often impact the speed of your Internet, slowing down when using multiple laptops, tablets, and smartphones on you network. o The creation of ‘Smart Scenes’ turns your home into a Smart Home! 16

FOUNDATIONS June - July 2019

• What are the most common Z Wave devices installed? o Deadbolt locks and light switches are the most popular o Dead bolt locks are the best way to stay connected to your home. Create a unique code for each user, allowing them to unlock the door, disarm the system and send a notification to you. No need to hand out keys and create separate codes for the door locks and security system. o • Why consider including Smart Home devices in your home build? o These devices have become increasingly more popular as they are seen in tv commercials, movies and friends’ homes. o Homeowners want them in their home and will eventually buy and install them. o Including Smart Home devices can boost your home’s resale value by up to 5%. • I have a house already that I like and don’t plan to move, is it too late for me to have a Smart Home? o No, any home can become a Smart Home o Start with simply adding Z Wave enabled devices and then add a Smart Hub through a security system that can manage all of your smart devices and tie it into the activity in your home. DO YOU GET CONSTRUCTION RELATED QUESTIONS? As an RAB member, who is an expert in your buildingrelated field, you can provide answers to common questions that are asked of you. We want to publish your answers to those questions. Please contact Shelly.

Custom Alarm

1661 Greenview Dr SW, Rochester Local: 507.288.5522 Toll Free: 855.288.5522 Fax: 507.287.0757 www.RochesterAreaBuilders.com

Create Opportunities

Working with a team lightens the load. Together we perfom better.

WEALTH ADVISORY | OUTSOURCING AUDIT, TAX, AND CONSULTING

Paul Alberts, MBA, CPA, CCIFP Principal, Construction & Real Estate 507-280-2300 CLAconnect.com Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor ©2019 CliftonLarsonAllen LLP

SPORTING CLAY SHOOT

SAVE THE DATE September 12, 2019

This event is open to members and their guests. We welcome the experienced and encourage those who have never shot at all to give it a try! Groups of 4 to 6 will be allowed. Steel-shot shells will be provided. Guns are not available to rent. Each shooter must have their own gun, as sharing will not be allowed. Attendees will be required to practice gun safety at all times while on the course. Guns must remain cased until after the safety talk. Loaded guns are only allowed while at the target stations. Shells provided may not work well in all Semi-Automatics. We have a maximum of 150 shooters!

Shooting (Clays & Shells) and Dinner: Individual: $120.00 per Person Group of 4 to 6: $115.00 per Person Dinner only: $15.00 per person

Presented by:

Registration Includes: • 20 Stations with 100 clay targets & 100 Shells • BBQ Style Dinner & Beverages • Various Optional Games throughout Course • Prizes for High Team, High Individual, and Low Individual 1:00 – 1:30 P.M. 1:30 – 2:00 P.M. 2:00 P.M. 5:00 P.M. 5:15 P.M. 6:00 P.M.

www.RochesterAreaBuilders.com

Registration & Mandatory Safety Talk Shooters Released to Opening Stations Shooting Starts Shooting Complete Keg is Tapped Dinner & Silent Auction Raffle Drawing!

FOUNDATIONS June - July 2019

Get Connected! MemberZone offers a FREE mobile information app

ND A T EN V E EXT N E! N E O H T H P Y! ON R A U D T O O U Y T O P M S P O S I A R ER ’T M ISTER F B N M O D ME E REG H DT A O L N DOW It can allow RAB members to: • • • • • • • •

Receive notifications from RAB Access the Member Information Center Search member listings by company or rep name Call or email a rep right from your phone Get a map to members’ business location Update your personal profile information View upcoming events Register, pay, and check in for events 507-282-7698

FOUNDATIONS June - July 2019

RAB@RochesterAreaBuilders.com

RochesterAreaBuilders.com

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Modern Monetary Theory Is Voodoo Economics Redux Elliot Eisenberg, Ph.D

here is currently widespread frustration with the performance of the global economy. Traditional policy approaches are not delivering the economic results they have in the past. In the US, Millennials are poorer, have lower incomes, marry less often, and have fewer children than the generations before them. In Europe, the rise of previously fringe parties is unmistakable as voters express their frustrations with the status quo at the ballot box. All this has led to the rise of Modern Monetary Theory (MMT), a set of ideas that reflect a significant and unfortunate break with previous orthodoxy.

good observation, that fiscal policy needs to be rethought in an era of low real interest rates, but then stretches it into a ludicrous claim that massive deficit spending on job guarantees can be financed by central banks without any burden on the economy. At a moment of deep economic and political frustration, some fringe wing of the out-of-power party is again offering the proverbial economic free-lunch as a politically attractive way out of a fiscal bind. Regrettably, MMT is flawed at many levels.

During the late 1970s, a similar economic malaise gave rise to supply-side economics popularized by Arthur Laffer. It began with the age-old observation that taxes had important incentive effects and that, in conceivable circumstances, tax cuts could raise revenue. That said, from these two well understood underpinnings, it grew into the ludicrous idea that tax cuts would always pay for themselves. In the 1980 presidential primaries, future President George H.W. Bush called this idea â&#x20AC;&#x153;voodoo economicsâ&#x20AC;? and in the following decades this doctrine did substantial damage to the US economy and has largely shortcircuited meaningful debate about taxes.

First, it promises that by printing money the government can finance deficits at zero cost. Not true! The government in fact pays interest on money it creates as it becomes reserves held by commercial banks and the Fed pays interest on reserves. Second, contrary to MMT, governments cannot simply print money to pay bills and avoid default. Looking back at developing nations that have employed MMT demonstrates that beyond a certain point printing money leads to hyperinflation. Third, MMT conveniently assumes an economy that does not trade with other nations. Regrettably, money printing will result in a collapsing exchange rate that will in turn boost inflation, raise long-term interest rates, encourage capital flight and reduce real wages.

Now comes MMT, which, like supply-side economics, makes a

And it is not only in emerging markets where MMT has played

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out badly. France in the early to mid-1980s and West Germany in the late 1980s employed what now would be called MMT but both nations had to reverse course. Separately, the UK and Italy both had to be bailed out by the IMF in the mid-1970s because of an excessive reliance on inflationary finance. Supply-side economics was an unreasonable extension of valid ideas. To that end, few support a return to the very high marginal tax rates that prevailed before the tax reform of the 1980s. Similarly, in an era of very low inflation, and of real interest rates of close to zero, we can and should carefully reconsider our traditional views of federal borrowing; they need at a minimum a careful and thoughtful rethink. That said, when something sounds too good to be true, as was the case with supply-side economics, and is the case with MMT, itâ&#x20AC;&#x2122;s important to make this clear to improve debate and hopefully prevent us from making another costly and unnecessary economic policy mistake. Elliot Eisenberg, Ph.D. is President of GraphsandLaughs, LLC and can be reached at Elliot@graphsandlaughs.net. His daily 70-word economics and policy blog can be seen at www.econ70.com

FOUNDATIONS June - July 2019

VOLUNTEER RALLY JULY 9TH COLLIDER PRIME 5:30 PM

(14 4th Street SW, Suite 203)

Rochester Public Schools is hatching a new program this fall – INCubatoredu. This is the FIRST program in the State of Minnesota and we are seeking real entrepreneurs and business experts to serve as volunteer coaches and mentors for our students. Come learn more or contact us at brmacrafic@rochester.k12.mn.us

COACH 16 coaches • 8 coached lessons per semester As a Coach, your role is to work with students in their class as you help them learn the material you present through lectures and activities. You will choose the lesson that aligns with your area of business expertise, e.g. marketing, finance, sales. A lesson with presentations, student activities, and curated resources will be provided to you. If you wish, you may replace the professional examples used in the lesson with your experiences.

FOUNDATIONS June - July 2019

MENTOR 1 mentor per team • approx. 5 teams per section As a mentor, your role is to facilitate learning, which is different than directly teaching. Students will look to you for answers, but what they really need is help learning how to find the answers themselves. In general, mentors will meet with their student teams once a week for at least an hour. The energy and effort will increase before key milestones such as the Minimum Viable Product Pitch near the academic year’s midpoint and at the year’s end for Investor Pitch.

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Job Growth Softened in May

BY JING FU on JUNE 7, 2019

Total nonfarm payroll employment increased by 75,000 in May, while the unemployment rate remained at 3.6%. Residential construction employment increased by 5,200 in May, after a decline of 1,600 jobs in April. The total construction industry (both residential and nonresidential) gained 4,000 jobs in May.

Additionally, monthly employment data released by the BLS Establishment Survey indicates that employment in the overall construction sector increased by 4,000 in May. The number of residential construction jobs rose by 5,200 in May, following the decline of 1,600 jobs in April. According to the Employment Situation Summary for May, released by the Bureau of Labor Statistics (BLS), total nonfarm payroll employment rose by 75,000, following the increase of 224,000 jobs in April. The April increase was revised downward from its original estimate of a 263,000 increase. Monthly employment growth has averaged 164,000 per month for the first five months of 2019, compared with the average monthly growth of 223,000 over all of 2018. Over the past twelve months, total nonfarm payroll employment rose by 2.4 million, with the average monthly growth of 196,000. The unemployment rate remained at 3.6% in May, the lowest rate since December 1969. Meanwhile, the labor force participation rate, the proportion of the population either looking for a job or already with a job, was unchanged in May, at 62.8%. The number of persons unemployed was little changed at 5.9 million and the number of persons employed increased by 113,000 in May.

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Residential construction employment now stands at 2.9 million in May, broken down as 829,000 builders and 2.1 million residential specialty trade contractors. The 6-month moving average of job gains for residential construction is 4,700 a month. Over the last 12 months, home builders and remodelers added 79,100 jobs on a net basis. Since the low point following the Great Recession, residential construction has gained 918,100 positions. In May, the unemployment rate for construction workers decreased to 3.7% on a seasonally adjusted basis, from 4.7% in April. The unemployment rate for construction workers dropped to the lowest rate since 2001, as shown in the figure above.

FOUNDATIONS June - July 2019

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Project Build Minnesota is a state-wide construction workforce enhancement campaign that promotes a positive image of construction as a life-long career choice for young men and women of all races and ethnic backgrounds.

Project Build Minnesota is a movement, a vision and a vehicle to motivate our youth, parents, counselors,

teachers, administrators and policy makers to learn more about the many benefits of pursuing a life-long career in the building industry.

Project Build Minnesota was started in 2016 by a coalition of building industry associations who have developed a Project Build Minnesota represents the entire Minnesota construction and building industry. The movement is designed to foster career choice awareness across all lines of the residential and commercial building industry.

What is the vision? To create a movement to empower young men and women with choices and ensure a steady flow of qualified skilled labor into Minnesotaâ&#x20AC;&#x2122;s construction market.

Average wage in construction jobs in mn is

$61,000

What is the top goal? The goal of Project Build Minnesota is to remind folks that mastering a trade for those that enjoy working with their hands and building things is a smart choice. The industrytheir parents, teachers, and counselors that construction work is a noble, exciting way to build communities and shape peopleâ&#x20AC;&#x2122;s lives. Plus, work in the construction industry

people love the field.

95% >>>

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of those who get into construction as a career stay there.

PROJECTBUILDMN.ORG

FOUNDATIONS June - July 2019

We’re in the offering NAHB members up to $1,000 business.

2018 Chevrolet Low Cab Forward 3500HD

2018 Chevrolet Express 2500 Cargo Van

2018 Chevrolet Silverado 2500HD

2018 GMC Sierra 1500

USING THE PRIVATE OFFER FOR NAHB MEMBERS IS EASY: 1. Get your NAHB Proof of Membership by logging into NAHB.org and obtaining your verification form. 2. Visit your local Chevrolet 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 2018 Chevrolet Express 2500 Cargo Van. Up to

$1,000 Private Offer1

$3,750

National Fleet Purchase Program (FVX)2

Up to

$1,200

Eligible Accessory Cash Allowance3

Up to

$5,950 In Potential Value

¹Private offer amount varies by model. City Express and Low Cab Forward receive a $250 Offer for both Fleet and Retail deliveries. Fleet deliveries on the Buick Enclave, Chevrolet Traverse, Silverado, Express, Suburban, Tahoe, GMC Acadia, Sierra, Savana, Yukon, XL receive a $1,000 Offer. All other Fleet or Retail deliveries receive a $500 Offer. Valid toward the purchase or lease of eligible new 2017 and 2018 model year vehicles. Offer excludes Chevrolet Bolt, Camaro, SS, Corvette, Sonic, Spark, Trax, Volt, Buick Cascada, LaCrosse, Regal, Verano, and all Cadillac vehicles. Additional GM models may be excluded from time to time at GM’s sole discretion. Customer must take delivery by 1/2/2019. Not compatible with some other offers. Not valid on prior purchases. See dealer for details. 2Offer available to qualified fleet customers through 1/2/2019. Not compatible with some other offers. Take delivery by 1/2/2019. 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. For complete program requirements, including information regarding offers, vehicles, equipment, options, warranties, and ordering, consult your dealer or visit www.gmbusinesschoice.com. Requires $500 minimum purchase. Cash Allowance will be equal to the amount spent up to $1,200. Not eligible on Associated Accessories from third-party independent suppliers. Not available with some other offers. Take delivery by 1/2/2019. See dealer for details. ©2018 General Motors, LLC. All rights reserved. The marks appearing in this ad are the trademarks or service marks of GM, its subsidiaries, affiliates, or licensors.

FOUNDATIONS June - July 2019

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FOUNDATIONS June - July 2019

Membership Information

MONTHLY MEMBERSHIP REPORT

May Members

MEMBERSHIP TOTAL: 470 RETENTION RATE: 90.9% As of 5-31-2019

And More By Kori Bell Bank Mortgage Johnson Printing Schluter Systems Welker Custom Homes, Inc.

Two to Four Years

Fairway Outdoor Advertising, LLC Hy-Vee Stores Lembke Construction, Inc. City of Elgin EO Johnson Business Technologies Lewiston EDA Wintrust Mortgage

Five to Nine Years

Kahler Hospitality Group MBT Bank Altra Federal Credit Union Stewartville EDA West Bank Priority Construction Services Elias Construction, LLC Energy Panel Structures MEP Associates Val-U-Blinds Wildwood Sports Bar and Grill

Ten to 19 Years

Allegra Marketing Legends Concrete, Inc. Schoeppner, Inc. WA Insurance Innovative Surfaces, Inc. Todd Eidem Construction, Inc. Two Rivers Habitat for Humanity

20 Years & More

Home Improvement Professionals, Inc. S.L. Contracting, Inc. Hentges Glass Company Craig Swanson Builders, Inc. Radcliffe Homes & Remodeling Kreofsky Building Supplies R&M Development Company Alexander & Sons Builders Palmer Soderberg, Inc.

FOUNDATIONS June - July 2019

2018 2018 2018 2018 2018 2017 2017 2016 2015 2015

As a member of RAB, you have an opportunity to join one of our popular Councils. We also have many Committees to get involved with. Below is a list of ones that have openings. We would love to have you! Email us!

2015 2015 2014 2014 2013 2013 2013 2012 2011 2011 2010 2010 2010 2007 2007 2006 2006 2002 2002 2000

1999 1998 1991 1989 1988 1985 1970 1962 1958

Councils

FORTY

RAB

One Year

BELoW CONNECTING. BUILDING. ENGAGING.

D C

DEVELOPMENT COUNCIL a division of the Rochester Area Builders, Inc.

Committees

• Ambassadors Club

• Community Relations • Dispute Resolution • Education • Golf Outing • Green Building • Marketing

• Membership & Retention • Program • Remodelers Tour • Showcase • Spike Club • Sporting Clay Shoot www.RochesterAreaBuilders.com

Building Materials Prices Flat as Gypsum, Lumber Slow Overall Growth BY DAVID LOGAN on JUNE 11, 2019

rices paid for goods used in residential construction did not change in May (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. As a result, building materials prices have grown much more slowly in 2019 (+3.1%) than they did over the same period in 2018, during which they increased 4.7%.

Consistent with data published by Random Lengths, the PPI report shows that softwood lumber prices declined over the past month. Prices fell 1.3% in May, reaching their lowest level since February 2017. Prices paid for OSB also decreased 1.3% in May, the fifth decrease over the past seven months. During that period, prices have fallen nearly 30%.1

Recent expansions of mill capacity have helped push prices lower. For example, North American www.RochesterAreaBuilders.com

softwood lumber production capacity increased by one billion board feet in 2018 even after accounting for hundreds of millions of board feet in capacity lost from mill closures in Oregon and Canada. Another 700 million board feet has or is scheduled to come online in 2019.2

higher after increasing 1.7% in April. Price movements have been anomalous since the start of 2017, bucking a predictable pattern that began in 2011â&#x20AC;&#x201D;small, consistent monthly increases with an occasional decrease.

The recent downward trend in prices paid for gypsum products resumed in May as prices declined 1.1% (seasonally adjusted) after increasing in April. The first five months of 2019 have been historic in the gypsum market, with prices falling a cumulative 4.3% (seasonally adjusted)â&#x20AC;&#x201D;the largest YTD decline on record (earliest available data are for 2012).

The price index for gypsum also declined by 3.3% in unadjusted terms, the largest year-to-date drop since 2007.

[1] As the PPI reading for OSB was not released with the rest of the data, a 1.3% decrease was estimated using May data from Random Lengths. [2] Random Lengths

The price of ready-mix concrete stabilized in May as it edged 0.3% FOUNDATIONS June - July 2019

Rochester Building Permits

New Residential Single Family Dwelling

2019

VALUATION

2018

VALUATION 2010 2011 2012

6,975,340

2013 2014 2015 2016 2017

2018 2019

6,560,971

January

February

Townhome Dwelling

824,421

1,816,323

Two-Family Houses

March

Manufactured Home

April

Multi-Family Bldgs (Units)

May

TOTAL

109

129

113

110

160

167

128

Existing Residential

June

Deck Addition

191,027

295,909

July

Room Addition

1,566,916

202,000

Porch Additions

33,990

9,400

August

September

Other Additions

8,000

October

Basement Finish

364,742

469,147

November

Alterations

746,007

330,559

December

Multi-Family Addition

200

191

299

326

369

418

429

347

Multi-Family Alterations

148,824

New Commercial Assembly (Church)

Assembly (General)

32,000

Assembly (Restaurant/Bar)

1,660,000

Business

7,100,000

Education

Factory/Industrial

Institution

Mercantile

1,100,000

3,500,000

Miscellaneous

Residential (Apartment)

Residential (Care/Assisted Living)

Residential (Care/Hotel/Motel)

Storage (General)

611,836

272,000

Storage (Parking Garage)

Storage (Warehouse)

Utility (General)

Utility (Private Garage)

Addition

10,950,000

18,209,958

32,722,323

Structural Shell

90,000

“White Box”

Interior Demolition Only

15,000

Other Phased Permits

Alterations

Other Construction Business Signs Advertising Signs Footings & Foundations Demolition

TOTAL

*total may differ as permits may have been voided. *total may differ as permits may have been voided.

Existing Commercial

MAY 2019

112,857

95,590

2,428,958

FOUNDATIONS June - July 2019

Year To Date Statistics

NO.

2019 VALUATION NO.

2018 VALUATION

Building Permits Issued to Date

829

168,695,850

925

218,350,545

Single Family Dwelling

23,042,821

26,824,916

Multi-Family Buildings Total Units: 35

4,025,262

41,416,151

Trade Permits Issued to Date

3799

49,324,974

4065

45,557,517

Electrical

1480

22,131,744

1383

20,256,841

62,746

124

41,550

Mechanical (HVAC)

923

12,566,042

1073

13,595,685

Mechanical (Gas Piping)

216

311,186

268

534,115

Mechanical (Fireplace)

115

541,951

145

487,721

Electrical (Temp. Service)

Mechanical (Hydronic)

6,096,927

2,330,418

Plumbing

884

7,614,478

996

8,311,187

Total Permits YTD

4628

218,020,824

4990

263,908,062

Information and downloads available at Rochester Building Safety Department’s Website: http://www.rochestermn.gov/departments/building-safety/reports/building-permits

Byron

Building Permits

MAY 2019 New Residential

NUMBER

VALUATION

Single Family Attached

2,307,000

Single Family Detached

960,800

Basement Finish

87,455

Deck Addition

27,300

Existing Residential

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Olmsted County Permits YTD

New Residential

2019

VALUATION

2018

MAY 2019

VALUATION

Single Family-Detached

2,740,486

4,440,668

Single Family-Attached

529,548

Garage

210,675

236,529

Deck Addition Alterations Garage Addition

56,716

53,795

385,487

71,328

335,943

374,187

40,673

54,361

VALUATION

2018

VALUATION

Mechanical

551,337

663,821

Plumbing

295,637

497,376

190

5,681,643

213

8,546,186

Total Permits

Residential

2019

Miscellaneous Permits

May

Permits

2019

New Commercial/Industrial Recreational

Church/Religious

Industrial/Warehouse

Store/Restaurant

Nonresidential Building

Service/Repair Station

Addition

886,284

Alterations

30,740

255,855

Re-roofing

Valuation $5,200

Valuation $322,347

Valuation $1,478,715

Valuation $0

Valuation $1,002,425

Permits

Eyota

Marion

Oronoco

Quincy

Stewartville

May

Permits

2018

Commercial/Industrial

Other Structures Pool, Retaining Wall, etc. Manufactured Homes

147,666

Valuation $348,255

Valuation $736,770

Valuation $740,299

Valuation $0

Valuation $1,950,445

Permits

Eyota

Marion

Oronoco

Quincy

Stewartville

Activity Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.

Key Metrics

Historical Sparkbars

New Listings 5-2016

5-2017

5-2018

5-2019

5-2016

5-2017

5-2018

5-2019

5-2016

5-2017

5-2018

5-2019

5-2016

5-2017

5-2018

5-2019

5-2016

5-2017

5-2018

5-2019

5-2016

5-2017

5-2018

5-2019

5-2016

5-2017

5-2018

5-2019

5-2016

5-2017

5-2018

5-2019

5-2016

5-2017

5-2018

5-2019

5-2016

5-2017

5-2018

5-2019

Pending Sales

Closed Sales

Days on Market

Median Sales Price

Avg. Sales Price

Pct. of Orig. Price Received

Affordability Index

Homes for Sale

Months Supply

5-2018

5-2019

Percent Change

YTD 2018 YTD 2019

844

816

- 3.3%

3,139

3,053

- 2.7%

689

707

+ 2.6%

2,687

2,515

- 6.4%

629

634

+ 0.8%

2,099

1,997

- 4.9%

+ 3.4%

+ 6.5%

$195,000

$205,500

+ 5.4%

$185,000

$195,199

+ 5.5%

$227,460

$231,742

+ 1.9%

$211,598

$217,740

+ 2.9%

97.9%

97.5%

- 0.4%

96.7%

96.5%

- 0.2%

190

187

- 1.6%

200

197

- 1.5%

1,311

1,389

+ 5.9%

2.5

2.8

+ 12.0%

Percent Change

www.RochesterAreaBuilders.com

FOUNDATIONS June - July 2019

Are your plan sheets getting soggy? Print on Tyvek for long lasting, tear-resistant, and waterproof plan copies.

Email you plan copies to the Planroom: planroom@bexroch.com. To print on Tyvek paper, add $3.00 per sheet. Black-and-white copies are $0.25 / sqft. Color Line copies are $0.50 / sqft. Full Color copies are $2.25 / sqft.

108 Elton Hills Lane NW ** Rochester MN 55901 Phone 507.282.6531 ** planroom@bexroch.com

* PRINT ON TYVEK INSTEAD OF LAMINATING * 30

FOUNDATIONS June - July 2019

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DeCook Derby Construction, + The Design Connection + DesignOpeners Studio B++ Tile Destination Building Center + Destination Flooring al Bank Builders, + ThomasLLC Tool+&DeGeus Tile & Granite +Supply + Thompson'sLLC Garage Door and Superstore & More + TLC Surfaces, LLC + TLS al Center EDA Mechani+ DeWitz Home Builders, Inc. + Dickison Builders, LLC + DiNicola & Pestka Appraisals + Distinguished Homes Hagen,Inc. LLC ++ DMC & , LLC + Tonna cal, Inc. + Top Shopby ofMitch Rochester, Total Plumbing Electric of Dolan's Landscape Center, Inc. + DoubleTree by Hilton + DreamMaker Bath & Kitchen + Duke Aerial, Inc. + Dunham Associates, Inc. + Dunlap & Seeger PA + Dynamic Inc. + Townsquare Media Rochester + Tradesmen International, Inc. + Traditional struction, Inc.Insulation + ECSI System Integrators + Edel Construction, LLC + Edina Realty Home Services + Todd Eidem Construction, Inc. +Machines, Elcor Construction, Inc. + Elcor Realty ers + Tri Star + Tri-State Business Inc. + Tri-State Insulated as Construction, LLC +&Elite Concrete Lifting of Minnesota, LLC + Ellingson Companies + Elsmore Plumbing, LLC + Energy Panel Energy Products & Design, orms + TSP Architects Engineers + Tulip TreeStructures Studios ++Turri Crane Service, Inc. + n Business Technologies + Express Professionals + Extreme + Panel tals + The Urban Studio, + ERH Developing, Inc. + Exclusive Home Builders & Remodelers + Expert Insulation, LLC Inc. + U.S. Bank + Employment Valor Mechanical, Inc. + Val-U-Blinds Veit Z +Fabricating, Inc. + F&M Community Bank + Fairway Outdoor Advertising, LLC + Fat Willy's Bar & Grill + Jeff Feece Company Designs ++Ferguson Enterprises Truck & Viking Automatic Sprinkler Viking Electric Supply+ +Ferguson Vision Homes & mes, Inc. + Fillmore County EDA + First Alliance Credit Union + First Choice Homes, LLC + First Security Bank + R. Fleming Construction, Inc. + FloCore + Ford Metro, g, LLC + WA Insurance + Warners' Stellian Appliance Co., Inc. + Waste ManagementInc. + J. Energy + Frattalone Companies, Inc. + Chris Fritsch Custom Homes, LLC + Gander Plumbing & Heating, Inc.Builders, + Dale Gathje Inc. + Steve Gentry Construction, nstruction, LLC + Weis Inc. +Construction, Greg Wellik Construction + Wells Concrete + Robert Gill Builder, Inc. + Godwin Dold + Goodin Company + GP Development, Inc. + Grand MeadowWells EDA + Fargo Great River + Green Lawncare Irrigation oStore Bank+ Minnesota NA + HomeOverhead MortgageDoor + Wells Fargo Home Mortgage chester, LLC for Humanity - Rochester Area + Haley Comfort Systems + W.L. Hall Company + Hamilton Plumbing Hammer Homes, Inc. + Hanson endland Utz ++Habitat Werner Electric + West+ Bank + West Concord EDA + Construction Jim Whiting Hardie Building + Hayfield Window & DoorSmith Company + HDR Architecture + Garden Center,Products Inc. + + Harmony EDA + Harmony Insurance Group + Hartman Complete Lawncare, LLC WHKS & Company + Widseth Nolting + Wildwood Sports ance Heartwood Homes +ofWobig Rochester, Inc. + Brandon Henderson's Construction Plus, LLC + Hentges Glass Company + HGA Homes, Architects Engineers + HicksInc. Electric, Ltd. ++Wintrust Mortgage Construction, LLC + Women Communications, LLC + Workforce Development, Inc. + Wright Inc.and + WSB & Associates, + WT gh LLC + Highmark Builders+ +Zen Hiller's Flooring America + HiMEC at Home + Jeff Hinkle Custom ts,Definition LLC + YourHomes, Home Improvement Company Custom Homes + Zillgitt Civil Design + Zimprovements = RABHomes, Inc. + Hirshfield's Decorating Center + The Home + Home Improvement Professionals, + Home Systems Installation, LLCunbeatable + HomeOnTrack + HomePro Home + Horizon Equipment, LLC + Houston The Rochester AreaInc. Builders Newsletter is an opportunity to Inspections, advertise Inc. to members and individuals C + Hunt Electric Corporation + Hutch's Custom Cabinets + Hy-Vee Stores + Int'l Brthrhd of Electrical Wrkrs Local 343 + ICC Restoration & Cleaning Services + iHeartMedia associated with RAB. It is a source of valuable association and industry information, and is published and emailed urfaces, Inc. + Installed Building Solutions II, LLC + Insty Prints + IntegraSpec Central/Jeff Mueller Construction + Interiors by J.Curry, LLC + J&M monthly. Foundations is sent to over 900 connected industry professionals. The sizes of ads are listed aguar Communications + JP's Construction Remodeling & Repair, Inc. + K&M Glass Company + K&S Heating, A/C, Plumbing & under Electrical + almes Construction, Kariel, and Inc. prices + M.P. are Kaye Inc.be + Key Builders, from Inc. + Kimley-Horn DisplayInc. Ad+ Dimensions, located below. Builders, Ads may changed month to& Associates, month. Inc. + KIMT - CBS 3 Enterprises, LLC + The Kitchen Design Studio + Kitchens Plus + Gary Kline Roofing, Inc. + Knutson Construction Services + KNXR d Walls, Inc. +Our Kramer Contracting, LLC Kraus-Anderson Construction Company Kreofsky Building Supplies Kruger prices are for full color ads. We will+ be glad to work with you to design your ad. +Please send digital files+ for /KXLT-TV + Kuehn Motor Company, Inc. + Kuntz Electric, Inc. + Kwik Trip, Inc. + Lacina Siding & Windows, Inc. + Laitala all ad copy, logos, and artwork. We use PC format. We accept Illustrator and Photoshop files (CS1). Convert all of Lanesboro + Larson Siding & Windows + LegalShield + Legends Concrete, Inc. + Leitzen Concrete Products, fonts to outlines. We also accept the following high resolution file types: .tif, .eps and .pdf (with all graphics and wiston EDA + Leyendecker Homebuilders, LLC + Lodermeier's, Inc. + Luxury Bath Remodeling + ies, Inc. Madery Construction, fonts embedded) files. If you have+ any other formats, please contact us.LLC + Maier Tree & Lawn + Majestic Homes, Inc. + R.J. cturer's Bank & Trust + Maplewood Custom Homes + Markham Homes, LLC + Marvin d Surveying & Engineering + Master Builders, Inc. + McGough Construction + MDH, City Builders of Rochester, LLC + Med City Painting & Decorating, Inc. + MedCity Inc. + Menards - South + MEP Associates + Merchants Bank + Merit Contracting, Johnson, Inc. + Michael's Custom Cabinets, Inc. + Midwest Floor Solutions + Full color 1/2 Horizontal ________ $70 ________ $650 + Minnesota ________Energy $487.50 Minnesota Building Contractors Resources Corporation + Group + Molin Concrete Products Company + Morris Concrete, Inc. + Mortenson + Full color Full Page ________ $90 $900 $675.00Inc. + Larry Newman Inc. + Mr.________ Sandless Floor Refinishing________ + Mundfrom Builders, North Construction & Paint + Norbord + North Risk Partners, C.O. Brown Division Full Color Full Page Press Release $25 & Equipment + Obermiller Nelson Engineering + OC Exteriors & Construction Law Office + Olmsted County Planning Dept, Enviro Safety Div + Olmsted County Public Health + Olmsted Medical Center + Olmsted National Bank + On Site Companies + Original Mechanics, Inc. + Otis Custom Homes, LLC + Overhead Door Company of Olmsted County + Paape Energy Services + Pace International + Palmer Soderberg, Inc. + Paramark Corporation + PC Applications Payment options: Consultants, Inc. + Pearson Builders, Inc. + Pella Windows Doors + Penz Custom Homes, Inc. + to &â&#x20AC;&#x153;Rochester Area Buildersâ&#x20AC;?) ________ Check enclosed (Please make out check People's Energy Cooperative + Peterson Well ________ Please invoice company Drilling, Inc. + Phantom Screens + Pine Island EDA + Pine Island Lumber + The ________ Credit Card (circle: Visa or MC) 1/2 Horizontal 7-1/2 x 4-7/8 Pinske Edge + Pompeii Painting, Inc. + Post-Bulletin Company, LLC + PowerLift Doors Full 7-1/2 x 10 Number: _____________________________________________________________ b y French Mfg, Inc. + Powers Ventures + Precision Signs______________ + Prehn Building Sales, Inc. + Premier Bank Roches3 digit code: ___________ Exp Date: ter + Premier Builders of Rochester, Inc. + Presidio + City of Preston + Prime Time Painting of Rochester, LLC + Priority Business Name __________________________________________________________ Construction Services + Pro Image Promotions & Apparel + Quality Overhead Door Company, Inc. + Quality Siding & Contact ________________________________________________________________ Window, Inc. + R&M Development Company + Radcliffe Homes & Remodeling + Range Custom Homes, LLC + RCON Homes, Phone number __________________________________________________________ Inc. + RCTC Carpentry Program + RE/MAX Results + Real Property Appraisals, LLC + Realty Edge Team + Region Fax ____________________________________________________________________ Inc. + David Reiland Building Contractor, LLC + Reliable Contractors, Inc. + Rochester Area Appraisals, LLC + Rocheshamber of Commerce + Rochester Area Econ. Development, Inc. (RAEDI) + Rochester Area Foundation + Rochester Asphalt & Email __________________________________________________________________ Inc. + Rochester Building Safety Department + Rochester Concrete Products, LLC + Rochester Plumbing & Heating/Roto ochester Public Utilities + Rochester Public Works + Rochester Ready Mix Concrete Co + Rochester Restoration & Remediation + Title & Escrow Company, Inc. + Rory's Home Improvement, LLC + RSM US LLP + RSP Architects + Ryan & Grinde, Ltd. + ic, Inc. + Ryan Windows & Siding, Inc. + RyMark Construction, LLC + S&S Overhead Door, Inc. + Sargent's Landscape Nursery, Inc. + I have read, understand and agree to the terms of+this r, Inc. + Schwab, LLC + Schwickert's Tecta America, LLC + Seavey Builders, Inc. Dan contract. Severson Builders, Inc. + Nick Severson n, LLC + Shanahan Building & Remodeling, LLC + Sherwin Williams Company + Short Elliott Hendrickson Inc. (SEH) + Sign S.L. Contracting, Inc. + Smart Home Innovations & Engineering, Inc. + Smart-HR + Smith Schafer & Associates, Ltd. + Solar ConnecSomerby Golf Community + Sorenson's Appliance & TV, Inc. + Southeastern MN Multi-County HRA + Space Concepts, Inc. + ling Contracting, Inc. + Spring Grove EDA + Spring Valley Overhead Door, Inc. + City of Spring Valley + St. Charles EDA + Lawn & Landscape + Stantec + Sterling State Bank + Stevens Heating, Inc. + Stewartville EDA + Stier Construction, Inc. + essions + StoneBridge Builders, LLC + Stonybrook Builders of Rochester, Inc. + Struve's Paint and Decorating + Robert Suk PLLC + Summit Custom Homes, LLC + Summit Fire Protection Company + Sunbelt Rentals + Superior Mechanical + Superior nditioning + Craig Swanson Builders, Inc. + Swenke Ims Contracting, LLC + Kenny Sylvester Construction, LLC + roducts + Tamarack Materials, Inc.Attn: + Thatcher PoolsErpelding & Spas, Inc. + Thiemann (507) Construction, Inc. + Thimijan Custom Homes, LLC + Phone: 282-7698 Shelly al Bank + Thomas Tool & Supply + Thompson's Garage Door and Openers + Tile Superstore & More + TLC Surfaces, LLC + TLS Fax: 282-6351 108 Elton Hills Ln NW , LLC + Tonna Mechanical, Inc. +(507) Top Shop of Rochester, Inc. + Total Electric of Inc. + Townsquare Media Rochester + Tradesmen International, Inc. + Traditional E-Mail: ShellyE@RochesterAreaBuilders.com Rochester, MN 55901 ers + Tri Star Insulation + Tri-State Business Machines, Inc. + Tri-State Insulated orms + TSP Architects & Engineers + Tulip Tree Studios + Turri Crane Service, Inc. + tals + The Urban Studio, LLC + U.S. Bank + Valor Mechanical, Inc. + Val-U-Blinds + Veit + Viking Automatic Sprinkler Company + Viking Electric Supply + Vision Homes & g, LLC + WA Insurance + Warners' Stellian Appliance Co., Inc. + Waste Management + J. nstruction, LLC + Weis Builders, Inc. + Greg Wellik Construction + Wells Concrete + o Bank Minnesota NA + Wells Fargo Home Mortgage + Wells Fargo Home Mortgage endland Utz + Werner Electric + West Bank + West Concord EDA + Jim Whiting Garden Center, Inc. + WHKS & Company + Widseth Smith Nolting + Wildwood Sports Ltd. + Wintrust Mortgage + Wobig Construction, LLC + Women Communications, LLC + Workforce Development, Inc. + Wright Homes, Inc. + WSB & Associates, Inc. + WT ts, LLC + Your Home Improvement Company + Zen Custom Homes + Zillgitt Civil Design + Zimprovements = RAB

F O U N D AT I O N S Rochester Area Builders, Inc.

Newsletter Advertising Rates

12 Issues

New Member 12 Issues

FORTY

RAB

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Per Issue

2019

Newsletter Advertising

BELoW CONNECTING. BUILDING. ENGAGING.

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Contact Rochester Area Builders, Inc.

F O U N D AT I O N S Rochester Area Builders, Inc.

www.RochesterAreaBuilders.com

FOUNDATIONS June - July 2019

www.RochesterAreaBuilders.com

FOUNDATIONS June - July 2019

President

Jerry Jensen, Valor Mechanical, Inc.

Alissa Moe, Cambria

Leslie McGillivray-Rivas, WSB & Associates, Inc.

Jesse Buhl, MedCity Consulting

Brian Sheehan, Weis Builders, Inc.

Vice President Secretary

Treasurer

Past President

BUILD YOUR HOME IN AUSTIN

TAX FREE

Directors

Jessie Hanson, Benike Construction Jennifer Lawver, ERH Developing, Inc. Spencer Holmen, TLS Companies Tom Leimer, Knutson Construction Kevin Sternberg, Countryside Builders, LLC Frank Streit, Premier Bank Joe Langel, Home Federal Luke Stier, Stier Construction

Builders Exchange Council Representatives

Jeremy Wohlfiel, Chair John Honeck, Harris Company, Vice Chair Katie Herrmann, Kraus-Anderson Construction, Past Chair

Hilary Stonelake-Curtis, Dunlap & Seeger

Matt Smith, Elcor Construction

Becky Holmen, Bright Ideas

Joe Weis, Weis Builders, Inc.

Dana Hlebichuk, Widseth Smith Nolting, Rep. Levi Kaiser, Alvin E. Benike, Inc. Todd L Severson, TLS Companies, LLC Steve Buss, Cornerstone Builders & Real Estate, Inc. Joe Weis,Weis Builders, Inc.

Commercial Builders Council Chair Development Council Chair Remodelers Council Chair National Life Directors National Directors

State Directors

John McGuine, JM Consulting, Jean DeWitz, DeWitz Home Builders, Inc. David Pederson, Dunlap & Seeger, Rep. Dan Severson, Dan Severson Builders, Inc., Kathy Einck, Maplewood Homes.LLC Tyler Niemeyer, Braun Intertec Corporation

Executive Director

John Eischen John@RochesterAreaBuilders.com

Staff

Five-Year Property Tax Abatement for New Construction Single-Family and Multi-Family Homes August 1, 2016 â&#x20AC;&#x201C; December 31, 2019

Shelly Bahlmann Shelly@RochesterAreaBuilders.com Golf Outing, Sporting Clays, Home Show, Directory, Newsletter, RAB Update

Audra Bolduan Audra@RochesterAreaBuilders.com Marketing, Builders Exchange Trustees, Showcase Committee

Rebekah Nielsen Rebekah@RochesterAreaBuilders.com Ambassadors, Awards, Community Relations, Education, Membership, Fashion Show, Program, Spike Club, Remodelers Council: Executive & Remodelers Tour, 40 Below

Government & Public Affairs Consultant Rick Dold Rick@GodwinDold.com Government Affairs

FOUNDATIONS June - July 2019

www.RochesterAreaBuilders.com

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FOUNDATIONS June - July 2019