What a difference a decade makes!
The last major peak for the residential construction market was almost exactly 10 years ago this month. The National Home Builders Association reports that the annualized rate for building permits was over 1.1 million last month. The last time that much permit activity was recorded, it was 2006. Amazing isn't it? There are several drivers for this increase in activity but the bottom line to prospective new home owners or consumers of building services is the same. Right now there is more demand for construction services than our builders can meet.
Here in Southern Oregon we have a few other factors that are particular to our region. First of all is our proximity to California, 40 million folks looking over the border to our state of 4 million with no sales tax and bargain priced (for them) real estate. Lots of them are deciding to move here. Secondly, is the unforeseen demand for property that was brought on by the legalization of marijuana farming. Out of state and out of country money is flowing to Jackson county; buying land and construction services at a prodigious rate. Also competing for land are the grape farmers looking for lush but affordable Southern Oregon soil to plant the next (soon to be famous) vineyard.
The days of foreclosed buildable lots and bargain priced homes languishing on the market for months are long gone. Today, buyers are making multiple offers and Realtors are working hard to keep up with this red hot market. Residential and Commercial construction companies are running in high gear, doing their best to take care of customers during this time of extremely high demand. If you need help finding a contractor, let us know. If you need help finding construction solutions, shoot us an email. If you want to be on our Southern Oregon Tour of Homes (and yes, you really do! ) give us a call! We can help. SOBA is your source for education, advocacy and policy for the building industry. We're here to help you as we all build a better community!
To your success,
Brad Bennington, Executive Officer
Southern Oregon Builders Association
|
|
2016 SOBA Golf Tournament Recap
|
| |
Finish Line Real Estate's Wild West Spirit tied for 1st place in best decorated Tee contest
|
|
|
| |
Breakfast was sponsored by Evergreen Federal and cooked by Mark Knouff
|
|
|
| |
Tammy Morgan of Umpqua Bank knows how to lasso em in
|
|
|
| |
The morning was a little wet but the weather cooperated for most of the day. The rain stopped about 9:30 and held off until after the tournament was wrapped up. Regardless of the rain the players showed up in good spirits and had a fun day out on the green.
|
|
|
| |
Ticor Title Team
Click on photo to see all the Team Photos
|
|
|
| |
Umpqua Bank Team takes 1st place for Low Net
|
|
|
| |
Thank You to Wendy Baker and Luke Snelling for being our Hole-in-One Spotters
|
|
|
| |
Cascade Christian High School Students power the long drive
|
|
Thank you to everyone who participated in our 22nd Annual Golf Tournament
at Eagle Point Golf Club!
We would like to extend a big Thank you to our golf committee members: Frank Mania, Brett Funk, Echo Hutto, Brooke Simon, Sal Stearns, Bill Quinn and Sharre Witson; as well as our SOBA staff: Jessica, Anita and Brad. Thank you for all the hours you dedicated to making this a successful event.
Proceeds from the golf tournament will go to Redemption Ridge to help toward the completion of Grace House.
|
|
Join Us on the Tour!
2016 Southern Oregon
Tour of Homes
September 16-18 and 23-25
Our popular Southern Oregon Tour of Homes will be here before you know it. If you would like to participate in or know of a builder who would benefit being on the Tour let us know. This event is geared to promote the building industry. We hope you will join us! To take advantage of great savings, email Jessica or give us a call at 541-773-2872 for more information.
See you on the Tour! Look for the Tour Guide in the Mail Tribune on Sept. 16 or on our website the week of the Tour
|
|
|
Tim Alvarez named Top Emerging Leader!
|
|  | | Tim Alvarez | |
Congratulations to the 2016 Top 10 Emerging Leaders
SOBA president, Tim Alvarez has been named the 2016 Top Emerging Leader!
The Rogue Valley's top philanthropic leaders were acknowledged today at Redemption Ridge's Emerging Leaders luncheon. Redemption Ridge offers support for sex trafficking victims.
Of the ten young leaders nominated, the top leadership award went to Tim Alvarez of Claudio Alvarez construction for his outstanding efforts. Congratulations also to SOBA member, Saul Stearns of Finsh Line Real Estate.
|
|
|
| | Stephanie _ Claudio Alvarez |
|
|
| | Top 3 Emerging Leaders_ Ivan Roman_ Tim Alvarez and Kira Zavala |
|
|
The Wall Street Journal The average cost for home builders to comply with regulations for new home construction has increased by nearly 30 percent over the last five years, according to new research from the National Association of Home Builders. Regulatory costs such as local impact fees, storm-water discharge permits and new construction codes, which have risen at roughly the same rate as the average price for new homes, make it increasingly difficult for builders to pursue affordable single-family construction projects, the group argues. READ MORE
|
Overview of U.S. Renovation in 2015
|
| | |
Characteristics of Homeowners who renovated
| |
Houzz 2016 Report
Spending is on the rise for kitchen and bathroom renovations
The desire to stay put is the primary motivation to renovate vs. buy a "perfect"home, trumping financial considerations
Recent home buyers are a key driver of renovation activity, with more than a quarter of renovations being driven by recent home purchases
Those planning to sell their home are also investing in renovations, focusing on exterior projects that enhance curb appeal
Nearly one-third of homeowners take on a remodeling project without setting a budget-the same share exceeds an established budget
Millennial homeowners continue to be just as likely to renovate as other age groups, yet spend a third of the amount spent by Baby Boomers.
|
HousingWire
Over the last year, various groups, including community lenders, affordable housing advocates, civil rights groups, interested observers, and financial analysts, called for a change in governmental policy that would allow Fannie Mae and Freddie Mac to rebuild a capital base. Those calls were only strengthened recently, when Freddie Mac reported a loss, its second in the last six months after four straight years of profits. READ MORE
|
|
Next Lead Based Paint Classes:
8-hr INITIAL Class
 Need to become RRP Certified? Do you work on structures,pre 1978, where you would be disturbing paint? If so, sign up now for this EPA-Certified class! 8-Hr INITIAL Course: July 13 8am-5pm Cost: $175 for Members and $225 for Non-Members Qualifies for (8) Series B Credit Hours Space is limited to register today! |
|
4-hr REFRESHER Class
 Need to become RRP Certified? Do you work on structures,pre 1978, where you would be disturbing paint? If so, sign up now for this EPA-Certified class! 4-Hr REFRESHER Course: August 3rd 8am-12pm Cost: $150 for Members and $00 for Non-Members Qualifies for (8) Series B Credit Hours Space is limited to register today! |
|
|
Southern Oregon Builders Association
1006 East Jackson St., Medford, OR 97504
Phone: 541-773-2872 Fax: 541-773-1189 www.hbajc.com
|
National Member Benefits - Click here for details
 | |
NAHB Member Benefits
|
|
|
|
|
|
|
Master Builder Program Description
The Certified Master Builder (CMB) program was created in 1997 as a pilot program in Marion County and the City of Salem. In 2001 the Legislature expanded the program statewide, allowing building officials around the state to grant certain privileges to Certified Master Builders with regard to plans review and inspections. A certified master builder may perform portions of plan ... Read more |
|
Unlock The Value of Membership: NAHB
The National Association of Home Builders
exists to serve its members.
Fighting for housing on major policy issues, providing excellent educational programming, and creating outstanding networking opportunities are just some of the ways that NAHB fulfills that mandate.
And the proof of its success is in the numbers. In 2014, NAHB's actions on the legislative, codes, regulatory and legal fronts, as well as in other arenas, provided members an estimated savings of $6,882 per housing start as the association resolved numerous issues affecting home builders.
NAHB urges members to take advantage of the many resources that it offers.They are designed to help you build a better home, build a better business and work in a policy environment that enables your business -- and those of your associates in the home building industry -- to thrive.
|
|
Like us on Facebook!
Join us on Facebook for all the latest association news and activities.
Find out when the next Membership Mixer is or the next Lead Based Paint Class.
We would love to see what you and your company are up to. Send your pictures to jessica@hbajc.com with a small caption for us to post on our Facebook page.
|
|
