Industry Articles
Builder Confidence Uptick Signals Turning Point for Housing Lies Ahead
A modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels, although sentiment remains in bearish territory as builders continue to grapple with elevated construction costs, building material supply chain disruptions and challenging affordability conditions. Builder confidence in the market for newly built single-family homes in…
Read MoreCall for HBF Blitz Build Crews
Home Builders Foundation (HBA’s Charity of Choice) is thrilled to announce that signups to participate in HBF’s Blitz Build are now open. Below is the info for those that want to participate: HBF is changing up Blitz Build for 2023. Instead of a single 3-day weekend with 15+ crews, we are going to be offering…
Read MoreTap into HBA’s $5Billion Home Building Market
The Home Builders Association of Metro Denver is the place to tap into the owners, leaders and decision makers of the eight-county home building sector. The HBA of Metro Denver represents Builder Members from custom home builders to large production builders, that in 2021 accounted for an astounding 84% of all closings in the metro area. The…
Read MoreHow and When Will Housing Rebound?
NAHB Chief Economist Robert Dietz recently provided this housing industry overview in the bi-weekly e-newsletter Eye on the Economy. Housing data for the end of 2022 illustrate a market continuing to weaken because of low housing affordability, largely as a result of elevated mortgage interest rates. At the start of 2023, the average 30-year fixed…
Read MoreThe HBA Advocate Newsletter | January 3, 2023
January 3, 2023 Commerce City Council Passes Metro District Moratorium On December 19, the Commerce City Council approved a 12-month moratorium on the use of metropolitan districts for residential development within the municipality on a 5-2 vote following the resignation of Councilmember Rick Davis and Council member Oscar Madera absent from the hearing that evening.…
Read MoreTake Action on Transformers
Take Action on the National Transformer Shortage As a national shortage of electric distribution transformers and other important electrical components has stalled home and apartment construction across the country, the National Association of Home Builders has been calling attention to the crisis. As the current Congress comes to a close – YOUR VOICE can help…
Read MoreCall For 2023 Sponsorships ~ Support Your Association Today!
New this year, all HBA sponsorships will expire in December, and it is time to think about sponsorships for 2023. Download 2023 Sponsorship Information at http://hbadenver.com/sponsor Our sponsorships at the HBA now run the calendar year, from January to December, and we have the 2023 sponsorship packages available for your review at http://hbadenver.com/sponsor. As you…
Read MoreAn End to Large Rate Hikes from the Fed?
By ROBERT DIETZ, NAHB Chief Economist Continuing its tightening of financial conditions to bring the rate of inflation lower, the Federal Reserve’s monetary policy committee raised the federal funds target rate by 75 basis points, increasing that target to an upper bound of 4%. This marks the fourth consecutive meeting with an increase of 75…
Read MoreThe HBA Advocate Newsletter | November 1, 2022
November 1, 2022 The November Election is Right Around the Corner.. Don’t Forget to Turn in Your Ballot! With the upcoming election in November only a week away, the Metro Housing Coalition has worked diligently assessing the political landscape, interviewing candidates and finalizing endorsements and contributions in races to help support our industry. While 2022…
Read More2022 Annual Awards Recipients honored at HBA Annual Meeting
The Home Builders Association of Metro Denver held the 2022 Annual Meeting on Thursday, October 20, 2022 at the DU Cable Center. It was a celebratory evening as Jeff McGovern, Sr. Vice President of Home Building Operations for Epic Homes and 2022 HBA Board President welcomed 2023 HBA President Randy Carpenter, KB Home Colorado’s Division…
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