Industry Articles
2023 Winners at Nationals Announced
Numerous HBA of Metro Denver members were honored at the Nationals Gala in Las Vegas (during IBS). What a great representation from Denver members! See who brought home the gold and silver January 31st – The Nationals Winners Book is now available online, showcasing some of the best in the country. View the flipbook here.…
Read MoreHomebuilder Sentiment in February Improves by the Biggest Amount in a Decade
CNBC: America’s homebuilders are growing more bullish as buyer demand picks up, driven in part by slightly lower mortgage rates. Homebuilder confidence in the market for newly built single-family homes in February rose 7 points to 42, according to the National Association of Home Builders/Wells Fargo Housing Market Index. This is the highest reading since September…
Read MoreThe HBA Advocate Newsletter | February 7, 2023
February 7, 2023 Littleton Anti-Growth Referendum Concerns City Residents For the second time in less than one year, a small group of anti-growth residents in Littleton has collected signatures to force a special referendum. Question 300, set for a March 7 vote, seeks to change the City Charter to reduce by half the number of…
Read MoreHBA of Metro Denver’s SMC is Gold Winner at Nationals
The Nationals Awards winners were announced January 31st at the Nationals Gala in Las Vegas (during IBS), and HBA of Metro Denver’s Sales & Marketing Council was named best SMC in the nation for 2022, in its size category. The Sales and Marketing Council (SMC) of Metro Denver has been named the National SMC Council…
Read MoreNAHB: A Housing Downturn in 2023 Followed by a Recovery in 2024
The housing recession that began in 2022 will bleed into 2023 as elevated inflation and mortgage rates, coupled with stubbornly high building material construction costs, continue to take a toll on the housing industry and are expected to push the overall economy into a mild recession this year. However, the second half of 2023 could…
Read MoreBuilder 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.…
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