Spring 2023 Home Building News

2023 Executive Committee

PRESIDENT

Matt Emmons

VP/TREASURER

Craig Thurmond

VP/SECRETARY

Mark Priess

PAST PRESIDENT 2022

Cahn Wiggs

40 BELOW COUNCIL PRESIDENT

Dylan Nall

ASSOCIATES COUNCIL PRESIDENT

David Miller

BUILDERS COUNCIL PRESIDENT

Kirk Murdoch

PROFESSIONAL WOMEN IN BUILDING PRESIDENT

Cherlyn Reeves

REMODELERS COUNCIL PRESIDENT

Josh Zajac

MEMBERSHIP CHAIR

Ed McIntyre

EXECUTIVE VICE PRESIDENT/CEO

Jeffrey Smith

President’s Report

By HBA President

Matt Emmons

Happy Spring! Spring is here, and that means Tulsa Home & Garden and Claremore Home & Garden Shows. Both events were super successful, thanks to our fantastic volunteer members. The show was very well attended and vendor satisfaction was at an all-time high. We can't wait for next year.

Spring also means the Designer Showcase. The house looks amazing! The designers have done an incredible job transforming each space into its own unique oasis. The house is open to the public, May 4 – 21, 2023. Get your tickets at TulsaHBA.com/ DesignerShowcaseTickets. As part of the Designer Showcase there is a Mother's Day Brunch on May 14, 2023 at 9:30 a.m. and 11 a.m. Tickets are online at TulsaHBA.com/ MothersDay.

Alongside the Designer Showcase is this year's Home Remodeling Showcase. Moved from its usual fall spot, this year’s HRS is wrapping up the two weeks of Designer Showcase during the final weekend May 20 – 21, 2023. There are nine homes showcasing some of Tulsa's best remodeling companies and the proceeds once again benefit John 3:16 Mission.

February's GMM was once again Valentine's themed and couples came dressed up as their favorite duo. The food was fantastic, and the comradery was even better. It was fun to join Jeffrey Smith as Marty and him as Doc from “Back to the Future.”

into a Vegas Casino and it was full of members playing cards and table games vying for their favorite builder. On this night everyone supported their favorite builder by handing off chips to the builders when the games were done. It was a night to remember. Make plans to be at next year's event.

Cheers!

Matt Emmons

Follow Tulsa HBA: Facebook.com/TulsaHBA

Builder Appreciation Night was our April GMM and we had a marvelous night! Mill Creek was transformed

ALL TYPES OF HARDWOOD FLOORING

EXPERT INSTALLATION AND KNOWLEDABLE SALES

SAND AND FINISH/HAND SCRAPE/RESTORATION

WATER DAMAGE REPAIR SPECIALIST

Smith’s Scoop

By Executive Vice President/CEO

Jeffrey Smith

HBA MANAGEMENT TEAM

Finding the right employee or subcontractor is one of the biggest challenges to the industry right now. When you find someone, how much time is spent training them, will they become a quality and reliable employee, and will they be happy enough to stay with you for an extended period of time. So much time is lost on the jobsite or in your office when you are covering the gaps left by open positions and then training the replacement to fill those same gaps. This adds to the length of time to construct a home and ultimately to the overall price of the home. Even worse is when you have to turn down work because there simply isn’t enough manpower in the company to get the job done. This is why the Tulsa HBA has workforce development as one of its top initiatives in the strategic plan for the last eight years.

In 2015 we met with the administration at Tulsa Tech to discuss the need for an expanded workforce and how the school could help with that training. We were informed that the training was already in existence, but enrollment from the community was not at 100% capacity. That is when the decision was made to produce a Build My Future event in Tulsa. That event has now increased enrollment in construction training to the point that more opportunities were needed. We solved a problem while creating another; something else was needed in our community. We began discussions with Union and Tulsa Public Schools about the opportunity to begin an Intro to Construction course on their campus similar to the shop classes that were around until the mid-1990s. The

first class began at Union in 2020 and Nathan Hale in 2021. Both classes were met with more interest and excitement than we could have imagined and maintained capacity enrollment. We are now eight years into our mission of building a quality workforce for the industry and helping to train more than 400 high school students in the programs. These students will begin graduating high school next year and the hope is that our HBA members will be there to provide continued training and careers. Other school districts have visited the two current programs and have started to inquire on how the Tulsa HBA can help establish a construction program at their school. This brings us back to having created another problem that we can solve.

In February 2021, the HBA Board of Directors approved the formation of an Issues Fund that would support advocacy, education, and workforce development needs. Our builder members would contribute $15 per new permit to the fund. This fee has generated more than $40,000 for the fund in the last 24 months. During that same timeframe, the Tulsa HBA and HBA Charitable Foundation have invested more than $300,000 in Build My Future, Union and Nathan Hale programs. The Tulsa HBA will continue to develop strategic education partners to train our next construction workforce. We hope to have 1,000 students complete construction training annually within the next five years. This will need the continued support of funding and career placement of the students. I hope that you will find how to best participate in helping the HBA reach our strategic goal of a more quality and reliable workforce. Please let me know if you would like to tour the programs at Union or Nathan Hale or meet the instructors to establish how you and your company can be an asset to them.

That’s the Scoop for Now, Jeffrey Smith

EXECUTIVE VICE PRESIDENT/ CEO

Jeffrey Smith JSmith@TulsaHBA.com

MEMBERSHIP DIRECTOR

Juile Rivers JRivers@TulsaHBA.com

DIRECTOR OF ASSOCIATION ISSUES Stacey Bayles SBayles@TulsaHBA.com

DIRECTOR OF MEMBER ENGAGEMENT

Blake Howard BHoward@TulsaHBA.com

EVENTS DIRECTOR Sarah Gentry SGentry@TulsaHBA.com

DIRECTOR OF COMMUNICATIONS

Katrina Marie Meacham KMeacham@TulsaHBA.com

OFFICE MANAGER Amaris Burris Aburris@TulsaHBA.com

EVENT CENTER MANAGER Caleb Rice Caleb@TulsaHBA.com

New members: Welcome to the HBA!

For more information about membership benefits or ways to get involved with the Association, please contact Julie Rivers, Membership Director.

BUILDER MEMBERS

Patriot Custom Construction

Jordan Jones

4611 E Admiral Blvd.

Tulsa, OK 74115

(918) 894-2651

michael@ patriotcustomconstruction. com

Sponsor: Scott Maddy

PMH Construction

Amye Antrikin

7940 NW 39th Expressway

Bethany, OK 73008

(405) 881-7640

amye@pmhokc.com

Sponsor:

Moody Homes, LLC

Aaron Moody

PO Box 1678

Owasso, OK 74055

(918) 734-4059

accounting@mchok.com

Sponsor: Mark Priess

Right Now Construction

Randle Weaver

6110 East 51st Place #33310

Tulsa, OK 74135

(918) 981-7669

support@rightnow.

construction

Sponsor: Gretchen Casto

Valderrama Homes, LLC

David Valderrama

6910 S. Yorktown Ave, Suite

0597

Tulsa, OK 74170

(918) 886-7100

david@valderramahomes. com

Welcome to the HBA!

Chadwicks Lawn & Landscape

Joseph “Joey” Scott 5700 W 55th Street South Tulsa, OK 74107

(918) 939-9406

contact@chadwickslawn.com

Sponsor: Frank Sawyer

G&G Independent Insurance

Stevie Rutherford

321 S Boston Ave, Suite 300

Tulsa, OK 74103

(918) 505-7838

stevie.rutherford@gginsurance.com

Modern Renovations and Construction / Summit

Luxury Homes

Austin Hailman

4717 S Mingo Rd - Suite D

Tulsa, OK 74146

(918) 312-1751

austin@arcobuilding.com

ASSOCIATE MEMBERS

Sponsor: Scott Wood Aegis Security and Technology

Tyler Troxell

12417 E 128th Place N

Collinsville, OK 74146

(918) 500-4239

t.troxell@aegissecurity.tech

Sponsor: Alex Hinkle

Brix Realty Group

Curtis Haddock

708 W Sheridan Ave

Oklahoma City, OK 73102

(405) 594-8341

curtis.haddock@brixrealty. com

Sponsor: Brooke Gelein

Canopy Realty Inc.

Ernesto Ruiz

17275 East 43rd Street

Tulsa, OK 74134

(918) 902-6767

ernesto@canopyrealtyco. com

Sponsor: Mark Priess

Cutco Cutlery

Rob Steiner

2234 S Jamestown Ave

Tulsa, OK 74114

(248) 231-0291

steinerplex@gmail.com

Sponsor: Frank Sawyer

EightTwenty

Brandon Howe

1825 N Walnut Ave, Suite G

Oklahoma City, OK 73105

(405) 256-2087

brandon.howe@eighttwenty. com

Sponsor: Phillip Parks

First Class Electric

Noelia Ruiz

8191 E 16th Street

Tulsa, OK 74112

(918) 206-6241

firstclass_electric@yahoo. com

Sponsor:

Sponsor: Brian Scott

J. Miller Law Firm, PLLC

Jamie Miller

7136 S. Yale Ave., Suite 215

Tulsa OK 74146

(918) 938-1322

jamie@jmillerlawfirmpllc.com

Sponsor: Susan Bevard

Jack Pratt Signs

Monte Pratt

409 NE 40th Street

Oklahoma City, OK 73105

(405) 524-5551

monte@jackpratt.com

Sponsor:

KMS

Nicole Kruse

5004 E Archer Street

Tulsa, OK 74115

(918) 834-7000

nkruse@kms-intl.com

Sponsor: Scott Burnett

Sponsor: Liz Mathis

Momentum3

Cherokee DeLaFontaine

5314 S Yale Ave., Suite 420

Tulsa, OK 74135

(888) 543-5531

cherokee@momentum3.biz

Sponsor: Wendy Buxton

Quality Electric Service, LLC

Christopher Scott

8593 E. Amber Court

Claremore, OK 74019

(918) 845-6066

qualityelectricok@gmail. com

Sponsor: Tim Martin

Tulsa Lawn & Garden

Brittney Schiltz

16527 E Admiral Place

Tulsa, OK 74116

(918) 271-5925

sales@tulsalawnandgarden. com

Sponsor:

Spirit Award for 2022 - Mike Fournier of Sonrise Construction

Owner Mike Fournier, CBC, CGB, CAPS of Sonrise Construction, is the 2022 Spirit Award winner from the Tulsa HBA. Mike builds and remodels in Tulsa and its suburbs, beginning in 2000 and now with over 11,000 highly satisfied customers. Mike is the 2021 Tulsa Builder of the Year and has won two national awards for remodeling in 2017 and 2019. Other awards received are from Houzz, Home Advisor, Tulsa World and the City of Broken Arrow - which voted Sonrise Construction "Best of Broken Arrow" in 2012. These awards speak to the company's consistent attention to detail, quality craftsmanship, excellent customer service and superior artisans handling the installation, many of whom have decades of experience. Sonrise Construction is a member of the Home Builders Association of Greater Tulsa, its Remodelers Council and the Oklahoma Home Builders Association. Sonrise Construction is a preferred builder with the City of Tulsa and the City of Broken Arrow.

Mr. Fournier volunteered much of his time to all three levels of the Home Builders Association; local, state and national. Serving in various roles such as Oklahoma State Home Builders Association (OSHBA) Board of Directors from 2019 to present, president of Tulsa HBA in 2020, chairman of many local committees starting in 2017 through 2021 and at the National Association of Home Builders (NAHB) on the board of directors, the education committee and membership committee until 2022.

About the Spirit Award: In 1989, the Home Builders Association of Greater Tulsa began recognizing builders who best used the HBA. The Spirit Award is among the highest honors, as it symbolizes the relationship between the contractor and the subcontractor and how imperative it is to build a home only using qualified craftsmen and supplies. Each year, many worthy companies enter projects for consideration of this honor, which an accounting firm then analyzes to determine which projects involved the greatest percentage of work by HBA Associate members.

Mike Fournier and friends volunteering at the Tulsa Home & Garden Show 2023

2023 PRESIDENT’S CLUB

918 Interiors

15% off window coverings (918)813-3707 918interiors@gmail.com

ActionCOACH

Complimentary 30 minute coaching session (918) 223-3442 ericknam@actioncoach.com

Allegiant Precast, LLC

$200 off any size storm shelter & free installation ($600 value) (918) 486-6227 jstreet@allegiantprecast.com

Burnett Home Improvement

10% off infinity windows from Marvin, Craneboard siding, celect siding, Provia doors, luxury baths, and K Guard guttering. (918) 286-7600 scottb@burnettinc.com

Dolphin Pools & Supply

20% off swimming pools & spa, chemicals, equipment & supplies (918) 838-7670 doug@dolphinpoolstulsa.com

Graphic Resources

20% off printing service including marketing materials (918) 461-0303 sean@grtulsa.com

JDV Interiors

15% off design service (918) 695-2341 dixie.jdv.interiors@gmail.com

Kirtz® Shutters

15% off shutters, blinds, shades, live edge wood, & furniture (918) 712-9024 sales@kirtz.com

LABR 30% off job posting (918) 261-9642 bryce.bower@labr.com

Oklahoma Shutters

15% off Shutters, shades, and blinds (918) 366-6419 sherry@okshutters.com

Reed Family Heating and Air Conditioning

15% discount on service work and 10% discount for equipment replacement (918) 573-2569 reedfamilyhvac@gmail.com

Shockley Bookkeeping

$50 off Personal Tax Preparation Fee

$100 off Coporate/Partnership Prep. Fee (918) 615-8380 khenrie@shockleybooks.com

Story Catcher Studio

50% off first video in studio (918) 361 - 8199 david@storycatcher.studio

Tulsa Real Producers /BeLocal Publications

20% off all rates for publications and free add ons such as member features (918) 808-6621 kelly.kilmer@realproducers.com

US Payments

Free new terminal and/or mobile card reader. Save an average of 20% by using a Tulsa HBA Member. Ask how to eliminate almost 100% of processing fees.

(918) 629-9463 chris@uspmts.com

We B Trees

5% on all tree work, must notify as HBA member when calling in. (918) 446-3473 tim@webtrees.com

The HBA’s “Do Business With A Member” Program is an excellent opportunity for you to offer a special discount or promotion to other HBA members to help you gain business connections and get your company out there! If interested, please contact Katrina Marie Meacham at KMeacham@TulsaHBA.com or at (918) 663-5820.

Please Note: Discounts are for current HBA members only Discounts may not be applied to all products. This program is not intended to replace or be in addition to any existing discount you may already receive. Please contact participating members for specific details on the offered discounts.

Snapshots of 2023

THANK YOU TO ALL OF OUR

VOLUNTEERS WHO MADE THE TULSA

HOME & GARDEN SHOW POSSIBLE.

Todd Adams

Kim Altier

Sheri Andreo

Tom Armstrong

Angela Averill

Steven Barnes

Susan Bevard

Kevin Blackburn

Linda Blackburn

Jennifer Blackwell

Rita Boggs

Mikela Boling

Patty Brannock

Christopher

Bryan

Curt Bryan

Karen Bryan

Jana Buchman

Kate Cain

Bryan Casey

Jordan Cash

Gretchen Casto

Dawn Castro

Chris Cawood

Frank Cerrito

Karen Cerrito

Chris Conner

Alan Cook

Deb Cramer

Debbie Daniels

Lacy Davenport

Genni Davis

Carrie DeWeese

Erin DeWeese

Jessica Dickerson

Kurt Dodd

Sara Dodson

Cary Dubie

Ted Dubie

Tarah Duncan

Beverlee Einsig

Matt Emmons

Kera Esser

Anthony Faddis

Sarina Ferland

Jill Fish

Christa Flynn

Adriana Fout

Greg Fuller

Skyler Fuller

Jill Garcille

Brooke Gelein

Terri George

Carl Gibson

Gwen Gibson

Jason Gilbert

Marie Greenly

Gabby Grijalva

Kaleb Grimm

Skyler Hall

Stephen Haney

Seth Hargrove

Julie Harrelson

Lisa Harris

Brianna Hawkins

Angela Henning

Melissa Herron

Bianca Hewitt

Alex Hinkle

Janet Holt

Randy Holt

Bruce Hoop

Zac Howell

Amy Hughes

Judy Hurley

Keely Hutchinson

Pamela Jackson

Barbara James

DeAnna Johnson

Celine

Karam

Kandy Kirk

John Kiska

Jennifer Kudirka

Roberta Larson

Regina LeBlanc

Lisa Lenihan

Shawn Linfoot

Lisa Mast

Liz Mathis

Lauri Mayberry

Mac McAtee

Sean McClanahan

Brooke

McCutcher

Leslie McIntyre

Ed McIntyre

Charlotte

McKnight

Lori Medik

David Miller

Maegan Miner

Jeremy Moore

Jyna Murdoch

Kirk Murdoch

Barb Nall

Dylan Nall

Lana Nelson

Carole Norman

Becky Orr

Kai Overson

Clint Owens

Alan Parker

Mary Pearce

Julissa Perez

Greg Phillips

Lora Phillips

Edie Phillips

Jesse Powell

Tammy Pratt

Brandon Rainbolt

Sarah Ramsey

Scott Ramsey

Laura

Ransbottom

Allissa Ray

Jason Reed

Leslie Reed

Laura Reed

Jason Reed

Cherlyn Reeves

Cindy Roberts

Quinton Roberts

Juan Rodriquez

Heidi Roy

Ernesto Ruiz

Dave Sanders

Sandi Sanders

Joy Seale

Kirk Shell

Austin Sherman

Rick Shoemaker

Lessie Simon

Carl Spengler

John Spillyards

Jeff Starkweather

Greg Strange

Kay Sullivan

Kristin Switzer

Craig Thurmond

Taylor Tripp

Jeanine Truman

Dolores Turner

Ricky Underhill

Rob Walker

Mike Warren

Mischell Warren

Cory Weaver Travis Whittenburg

Cheryl Wilson

Tony Wisby

Scott Wood

Shelene Wood

Erica Yahn

Jude Yahn

Susan Young

Josh Zajac

Nicole Zajac

Tacey Zenor

Inflation and Rising Housing Costs Show Signs of Cooling

The overall inflation rate, along with the cost of housing, showed signs of cooling in March, with the shelter index (housing inflation) experiencing its smallest monthly gain since November 2022. Still, housing in March continued to be the largest contributor to the overall inflation rate, accounting for more than 60% of the increase when excluding the volatile food and energy sector.

The data is also a clear sign that the Federal Reserve’s ability to address rising housing costs is limited, as shelter cost increases are driven by a lack of affordable supply and increasing development costs. Additional housing supply is the primary solution to tame housing inflation.

And further Fed tightening of monetary policy will hurt housing supply by increasing the cost of acquisition, development and construction (AD&C) financing. This can be seen on the graph below, as shelter costs continue to rise despite Fed policy tightening. Nonetheless, the NAHB forecast expects to see shelter costs decline later in 2023.

The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.1% in March on a seasonally adjusted basis, following an increase of 0.4% in February. The index for shelter, which makes up more than 40% of the “core” CPI (core defined as the change in prices of goods and services, except for those from the food and energy sectors), rose by 0.6% in March, following an increase of 0.8% in February.

The indexes for owners’ equivalent rent (OER) and rent of primary residence both increased by 0.5% over the month. Monthly increases in OER have averaged 0.6% over the last three months. These gains have been the largest contributors to headline inflation in recent months.

During the past 12 months, on a not seasonally adjusted basis, the CPI rose by 5% in March, following a 6% increase in February. This was the slowest annual gain since May 2021. The core CPI increased by 5.6% over the past year, following a 5.5% increase in February. The food index rose by 8.5%, while the energy index fell by 6.4% over the past 12 months.

201+ points

Mark Priess 796

Burr Kannady 334.5

Rita Boggs 326.75

Frank WSawyer 298.5

Wayne Farabough 269

Ken Klein 249

Charles T Gilmore 246.5

Brian D Wiggs 245.5

HowardKelsey 225

Philip R. Rhees 224

Steve Murphy 211

Darrell Jenkins 210.5

John Brawley 208

151 - 200 points

Allen Jenkins 200

Joe Robson 179

Mike Fournier 177

Susan Burch 174.5

Rex Alexander 173

David Funk 172.5

Mary Pearce 161.5

Lantz Day 156

Lana Nelson 154.5

Mike Fretz 153

Bill Butts 151

101 - 150 points

Scott Wood 148

Brandon T. Jackson 146.25

Ed Schermerhorn 144

Lora Phillips 139.5

Steve D. Wright 139.5

Brandon Perkins 137.75

Glenn Shaw 132

Tom Wenrick 131

Rodger Tucker 127.5

Gretchen Casto 126.75

Linda Johnson 124

John Madden 124

Lindsay Perkins 122

Ryan Farabough 119.5

Roger Cooper 119

David Sanders 119

Monte L. Dunham 115

Nikki Pauly 108

Melanie Haines 103.5

Shawn Linfoot 101.5

Kevin Blackburn 100.5

76 - 100 points

Barry Helms 92.25

Rob Miles 89

Brandon L. Jackson 89

Greg Simmons 88

The Spike Club recognizes members for their recruiting and retention efforts. To become a Spike, you must earn six Spike credits within two consecutive years, by bringing in new members and retaining current members. At each new Spike level, members receive awards. Spikes also enjoy benefits such as visibility among their peers leading to increased business contacts, invitations to special FREE events, celebrations and more. Names with at least two Spike points are listed below, as reported by NAHB.

Chuck Ramsay 87.5

David Gibson 87

Peter Grant 82.75

Ted Dubie 80

Lee Sherman 77.5

Rick Ellison 77

51-75 points

Tim Guinn 75.5

Cheryl Funk 74.25

Carl Novara 74

Steve Fulps 72.5

Zelda Garrison 62.75

Jeffrey Smith 61

Jeff Starkweather 58

Janet Holt 58

Kurt Barron 57.75

Pablo Perez 56.5

Briana J. Parmele 55.5

Ed McIntyre 54

26 - 50 points

Jimmy Holmes 50

Kyle Smalygo 48

Rod Brunken 47.5

Rick Liebman 46.25

Susan Bevard 45.5

Scott Burnett 43.5

Tarah Duncan 38.5

Weldon Bowman 35

Greg Strange 34

Ken Saltink 33.5

Vince Mims 33.5

JD Harp 32.5

Craig Thurmond 30

Gary Soderstrom 29.5

Kandy Kirk 28.25

Cameron Walker 28.25

Chris Hodges 26

Michael L Green 26

Tim Whorton 26

6 - 25 points

Connell Curran 25.5

Toni Rogers 24

Vern L Suess 24

Tom Watts 23.5

Stuart Gallagher 23.5

Sara Dodson 22.5

Becky Orr 22.5

Sue Weston 22

Randy Highfill 22

Jane Day 21.25

Chad Potter 21

Robbie Nees 21

Jim Lane 20.5

Travis Butler 20

Edward Kaplan 19.5

Phillip Parks 18.5

Don Conwell 17

Kyle Bradley 16.5

Aaron Wiltshire 16.25

Liz Mathis 15.5

Susan McKeon 14

Susan Eddings Perez 14

Donna Carter 13.5

Nikki Pauly 13.5

Glenda McHenry 12.5

Spike Candidates

CPI Graph - March 2023

BUILD-PAC GOLF TOURNAMENT

Calendar of Events

April 2023

Monday, April 17

May 2023

Tuesday, May 9

On April 20, the field for the HBA's 2023 BUILDPAC Golf Tournament at The Club at Forest Ridge was filled at 25 teams.

Low scores dominated play with the following teams winning cash prizes:

1st place with a score of 51

Michael Green

Brian Green

Stephen Carney

Brad Whitmus

2nd place with a score of 54

Gentry Wyatt

Wes Slater

Richard Morrison

Luke Fiveash

3rd place with a score of 57

Sean Mannon

Matt Cozort

Nick Wofford

Sam Firth

Contest Hole Winners:

Closet to the Hole - Brad Whitmus

Longest Drive - Stephen Carney

Longest Putt - Matt Cozort

The HBA sincerely appreciates the support of each member, player, sponsor, and volunteer whose participation made this year's BUILD-PAC Golf Tournament a resounding success.

Tournament Winners!

Rogers County Chapter | 12 PM at The Hammett House

Wednesday, April 19

Professional Women in Building Council | 5:30 PM at Nothing's Left Brewery

Thursday, April 20

BUILD-PAC Golf Tournament | 1:30 PM at The Club at Forest Ridge

Thursday, April 20

Designer Showcase Premier Party (invite only) | 6 PM

Wednesday, April 26

Builders & Developers, Associates, and Remodelers Councils | 11:30 AM at Tulsa HBA

Thursday, April 27

Sunday, April 30

Latino Crew Appreciation | 1 PM at Tulsa HBA

GMM Designer Showcase | 6 PM at 3213 E. 56th St. Tulsa

Wednesday, May 10

Owasso & Rogers County Chapters | 11:30 AM at Stone Canyon

Thursday, May 11 Get OnBoard | 8:30 AM at Tulsa HBA

Thursday, May 11

Yellowstone Recruitment Roundup Lunch | 11:30 AM at Tulsa HBA

Wednesday, May 17

PWB & Associates Councils Military Appreciation | 5:30 PM at Tulsa HBA

Friday, May 19

Remodelers Council Home Remodeling Showcase Tour Bus | 6 PM

Wednesday, May 24

Client Communication and Conflict Resolution | 11:30 AM at Tulsa HBA

Thursday, May 25

40Below Council Pickleball Tournament | 5 PM at Forest Ridge's Ridge Club

Thank you to our sponsors:

sponsor Presenting sponsor

Margot Heyne-Bell with PWB President Cherlyn Reeves

Area housing market ticks downward after years-long surge

by Rhett Morgan of the Tulsa World

Despite climbing interest rates and an inflation rate that jolted everyone’s cost of living, the area’s housing market fared well this past year.

“2022 was still a strong year for housing starts in Tulsa,” said Jeffrey Smith, executive vice president and CEO of the Home Builders Association of Greater Tulsa. “It seems like the traffic is still out and interested in purchasing and building homes.”

Housing starts for the Tulsa metro totaled 3,186 in 2022, down 20% from 2021, according to the HBAGreater Tulsa. The previous two years had recorded increases of 15% and 20%, respectively.

The average sale price of homes in the Tulsa area was $288,071, up 10% over last year and up 24.2% over the past two years, according to the MLS (multiple listing service) database. Closed listings, however, were down in the metro area, dipping from 17,842 in 2021 to 15,250 in 2022.

A month ago at the National Association of Home Builders (NAHB) International Builders Show in Las Vegas, NAHB Chief Economist Robert Dietz outlined the state of the industry nationally.

He said the housing downturn that started last year, exacerbated by elevated inflation and mortgage rates, will continue for part of 2023. Dietz added that a turnaround is expected, however.

“With interest rates projected to normalize in the second half of 2023 as the Federal Reserve taps the brakes in its fight against inflation, the pace of singlefamily construction will bottom out in the first half of 2023 and begin to improve in the latter part of the year,” he said at the event.

Claremore Home & Garden Show 2023

2022 was the first year that single-family housing starts dropped in 11 years, dipping to an estimated 12% to 999,000 units. The NAHB estimates single-family house production will fall to 744,000 units this year before rebounding to a 925,000 annual pace in 2024.

Founded in 1942, the HBA of Greater Tulsa currently has roughly 1,000 members. About one-third of them are home builders and/or remodelers. The remaining members are associates working in closely related fields such as mortgage finance and building products and services.

“With the higher interest rates, we do expect there to be a slight slowdown in market activity, at least in the first half (of 2023),” said Smith, who used to be a residential builder at CedarRock Homes. “That is seen in the January housing starts, which were 143, which is down from previous years. We believe that is just temporary and by summertime or the third quarter, that will return to normal.

“People are still spending more time in their home. So they are either doing renovation projects or they realize maybe they don’t like the home they are in and it’s time to go buy something else or build something else since they are working, living, playing all inside their home.”

New housing activity is scattered across the area. Some of the most prominent pockets are at Hyde Park at Tulsa Hills, a 55-and-older community, Stone Canyon, in Rogers County just east of Owasso, and at Forest Ridge in Broken Arrow, Smith said.

“The midlevel price range seems to be the strongest right now,” he said. “That is the $375,000 to $525,000. With some of the starter homes, productivity has slowed down because of the interest rates.

“On the higher end, it’s just kind of slow and steady.”

This year's Claremore Home & Garden Show brought almost 3,000 people to the Claremore Expo center March 24 & 25. It was a beautiful weekend in Rogers County where almost 100 vendors came together for the two day event. The Rogers County Master Gardeners did a fanstatic job setting up entry gardens inside the center. This free show was flowing with people all day Friday and Saturday.

The Claremore Home & Garden Show was made possible by sponsors and volunteers. Presenting sponsor Vickrey Heat & Air, major sponsor, Marble Elegance, Inc., promotional sponsors, Apex Title & Closing Services and BancFirst and supporting sponsors Innovative Awnings & Screens and Mosquito Shield of Broken Arrow. Volunteers included Alan Cook, Ryan Eaton, Sheri Andreo, Patty Brannock, Cheri Peters and Tammy Pratt. Thank you for giving of your time in volunteering.

Famous Couples/Duos Valentine's Dinner

On February 14, 2023 the HBA had its General Membership Mixer. People were encouraged to dress up as their favorite famous couples or duos and our members rose to the challenge. Some of the famous duos that were spotted included Marty McFly and Doc, Laverne and Shirley, President Kennedy and Marilyn Monroe, and the Spice Girls.

The winners of the best costumes were Laverne and Shirley as runner's up and President Kennedy and Marilyn Monroe took first place.

Thank you to the sponsors who made this event possible: Ferguson Bath, Kitchen & Lighting Gallery, AEP/PSO, and McGraw Realtors.

PROUD PARTNERS

Thank you to the following members for their support and generous contribution to the Home Builders Association of Greater Tulsa.

Kristin Switzer - 2B Organized Tulsa

Amity Edwards - 918 Interiors

Christ Hodges - Arvest Bank

Dolores Turner - Arvest Bank

Kirk J. Shell - AVB Bank

Gretchen Casto - Bank of Oklahoma Mortgage

Susan Bevard - BTC Broadband

Carl Novara Agency - Farmers Ins.

Tom Barbour - CertaPro Painters

Carrie Deweese - Chinowth & Cohen

Rodger Tucker - Cobblestone Homes, Inc.

Ted Dubie - Construction Inspection Services, LLC

Lora Phillips - Construction Inspection Services, LLC

Greg Strange - Countertop Solutions

Carl Gibson - cre8iveThings, PLLC.

Dale DeBoer - Dale & Lee's Service, Inc.

Dana Day - Day Build & Design

Ed McIntyre - EDS Financial

Rhonda Ramey - Emerald Waters Travel

Matt Emmons - Emmons Construction

Carol Parker - Executives Title & Escrow

Lacy Davenport - Farmers Insurance

Laurie Gamson - FirsTitle & Abstract Services, LLC

Melissa Herron - FirsTitle & Abstract Services, LLC

Keely Hutchinson - FirsTitle & Abstract Services, LLC

Liz Mathis - FirsTitle & Abstract Services, LLC

Maegen Miner – FirsTitle & Abstract Services, LLC

Tammy Pratt – FirsTitle & Abstract Services, LLC

Sean McKee - Flat Branch Home Loans

Emily Machetta - Flat Branch Home Loans

Jill Garcille - Freedom Insurance

Mary Pearce - Frisco Title

David Bridges - Garage Kings

Peter Grant - Grant Homes Remodel & Restoration

Sean McClanahan - Hahn Appliance Center

Mike Walker - Hahn Appliance Center

Roland Rice - Heatwave Supply, Inc.

Mark Priess - HUB International CFR

Robert Hughes - Hughes Lumber

Jennifer Kudirka - Independent Material Co, Inc.

Del McDonald - Innovative Awnings & Screens

Kim Williams - KT Williams Insurance Group

David Lee - Lee Signature Properties

Bryan Casey - Metro Appliances and More

Kevin Dycus - Metro Appliances and More

Ann Howell - Metro Appliances and More

Cory Weaver - Metro Appliances and More

Toby Wisby - Metro Appliances and More

Lynn Marchbank- Mid-Continent Group

Frank Sawyer - Nuredo Media

Frank Cerrito - On Demand Mechanic

Marie Greenly - Open Mortgage LLC

Laura Ransbottom - PF Unlimited

Larry Wilson- Pro-Tech Roofing, Inc.

Glenn Simms - Re-Bath of Tulsa

Charla Nicklas - Renaissance, Inc.

Camille Helms - Renovations By Helms

Clark Robinson - Robinson Glass

David Sanders - Sanders Engineering

Regina LeBlanc - ServPro

Gentry Detter - Spectrum Paint Company

Brandon L Jackson - Tara Custom Homes

Mike Fournier - The Sonrise Companies

Gant Hinkle - True North Homes

Bud Farris - Tulsa Fireplace Supply

Jordan Cash - Two Men and a Truck

Heather Simon - VanDyk Mortgage

Tim Nall - We B Trees

Jackson Whitacre - Whitacre Glass Works

Home Building News

Online

With so many requests to go paperless from our members, Home Building News, monthly event flyers, and directories have gone digital. All this information is accessable on our website and sent out with our weekly NewsFlash emails. If you would like to receive a paper copy of our mailings, (or if you have paper mailings and would like to receive digital) please contact Katrina Marie Meacham at kmeacham@TulsaHBA.com or 918-663-5820.

Builder Appreciation Night '23

On April 11 the HBA decended upon Mill Creek Carpet & Title transforing their showroom into a Vegas Vacation as a celebration for our builders. Builders and associates alike played casino games and once the night was over the builders with the most chips picked from an array of fabulous prizes. Each builder who registered also received an appreciation gift.

Thank you to all volunteers who gave time this spring to make the Home & Garden Show, Claremore Home & Garden Show, BUILD-PAC Golf Tournament, Designer Showcase and Home Remodeling Showcase happen. These events could only have happened with your time, talent and presence.