Builders Feeling Bullish About Future

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The NAHB/Wells Fargo Housing Market index passed the tipping point of 50 this month to top out at 52, the highest level since April 2006 and the largest monthly increase since 2002. The renewed confidence was spread across all three components, with the expectation for the next 6 months rising to 61, the highest in seven years.

The index compares the share of builders who believe the market is better with those who believe it is poor. The index flipping over ...

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Why Roman Monuments Stay Standing Thousands of Years Later

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It’s the most common human-made material on earth, the second most consumed substance after water and the veritable foundation of contemporary society. Despite all that and the fact that modern concrete is by many measures an advanced building material, it pales in comparison to Roman concrete. For proof, simply compare today’s version—which often shows degradation after 50 years—with concrete-based Roman monuments that still stand after two millenia. Even more impressive are underwater Roman structures that show little decay in the ...

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Builders and Lumber Dealers See Shortages of Key Building Materials

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Home builders and lumber dealers are reporting significant shortages of key home building materials such as lumber and wall board, according to recent surveys by the NAHB and the National Lumber and Building Material Dealers Association.

“Supply constraints are one of the barriers to a more robust recovery,” said NAHB Chief Economist David Crowe. “The shortages and price increases reported by both home builders and lumber dealers are particularly concerning given that the current rate of construction is still far below ...

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How Big a Home Do Buyers Want?

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In the world of home buyer preferences, there is one question that pops up more often than any other:  how much space are home buyers looking for?  NAHB’s study “What Home Buyers Really Want” answers this important question, based on responses from more than 3,600 home buyers, sampled to represent all home buyers in the country.

Among all home buyers combined as one group, the median home size desired is 2,226 square feet.  However, a closer look at the data broken ...

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BBWG Welcomes Stephanie Beninati

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Stephanie Beninati

BBWG is pleased to welcome Stephanie Beninati as a Sales and Marketing Director, serving builders in Colorado and surrounding areas. Stephanie has extensive experience in the New Home Warranty business as well as Builder insurance products. She is very active in the Colorado HBA’s as well.

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Survey Reveals High Homebuyer Interest in Energy Guarantee

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REG logo

BBWG has pioneered a new way for energy-conscious builders to provide value that’s missing from re-sale homes. This revolutionary program is called Residential Energy Guarantee. And according to an independent survey just published, homeowners love the idea.

With REG, homeowners are guaranteed reimbursement for energy costs when usage exceeds a set percentage of the annual estimate indicated by the HERS Index.

Independent market research indicates that an energy use guarantee would greatly ...

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Whit Ward Retiring from BBWG

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Whit Ward

Whit Ward, President of Bonded Builders Warranty Group, has announced his retirement at the end of May.

“Whit leaves a legacy which serves as an example to us all,” says Bob Menke, founder of Bankers Insurance, BBWG’s parent company.

A member of the Florida Housing Hall of Fame for a career that included serving as Executive Officer of three local builders association in Florida, Whit began his career with BBWG in 2002 as Chief ...

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Sunbelt Builders Show, June 24-25

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Sunbelt 2013

Imagine an event powerful enough to lead an industry and reshape communities across the region. Imagine a gathering of thousands of residential construction professionals from every sector of the housing industry. Imagine the ultimate sales opportunity for you and your business. The Sunbelt Builders Show, June 24-25, in San Antonio focuses on innovation and growth for attendees and exhibitors. The conference and trade show offers a forward-thinking and fresh look ...

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PCBC Migrates to San Diego, CA June 5-6, 2013

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PCBC_logo.gif

With the housing market enjoying its first warming cycle since 2007, PCBC, the industry’s most celebrated event, is following suit. Held annually in San Francisco from its inception in 1959 until 2012, PCBC will move to the San Diego Convention Center for its 2013 event, June 5-6. The shift marks the beginning of an alternating year rotation between the two cities.

Bonded Builders Warranty Group is joining in on the move and ...

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Housing is Contributing to Economic Growth

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Over the last two years, home building has experienced significant growth, albeit off of low levels. And this expansion has added to overall growth of Gross Domestic Product. In fact, since the last quarter of 2011, advances in home building have been responsible for 20% of total economic expansion.

RFI Growth

While the economy as a whole has slowed somewhat over the last year, the expansion of home building has picked up steam. ...

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