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Vol. 36 No. 4 2016


President’s Message 2016 Board of directors

Phil Warrick 2016 GBA President

Executive Committee / Officers President Phil Warrick, Certified Repair, Inc. 1st Vice President Ron Foister, Ron Foister Custom Homes, LLC 2nd Vice President Don Mills, Don Mills Builders, Inc. Associate Vice President Steve Schadt, Marsh Kitchens of Greensboro Secretary Gary Hill, J. Gary Hill, LLC Treasurer Jim Bowman, Bank of North Carolina Immediate Past President Tom Hall, Windsor Homes Presidential Appointees Ed Butler, Brickwood Builders, Inc. Ford Matthews, FM Contracting, LLC Joan Swift, SwiftCreek Construction, LLC Board of Directors Builder Directors Leslie Gunter, Gunter Custom Homes & Design, LLC Scott Naylor, Naylor Custom Homes Van Smith, Tradition Homes Joe Thompson, New Age Builders, Inc. Associate Directors Lori Bullis, Pine Hall Brick Company Dan Huckabee, Huckabee & Associates Tom Roever, GTCC-GHG Construction Char-Lee Smith, McLean Mortgage Remodelers Council Jamie Bowlin, JLB Remodeling, Inc.

Sales & Marketing Council Bill Sims, Windsor Homes State Directors Mark Disney, Disney Custom Homes Steve Monroe, Steve Monroe Enterprises Leticia Nieto, Ilan, Inc. National Directors Scott Allred, Precept Construction, LLC Jerry Cowan, Builders Mutual Insurance Co. John Hodgin, John Hodgin Construction Co., Inc.

115 South Westgate Drive Greensboro, NC 27407 336-855-6255 www.GreensboroBuilders.org 2

GREENSBORO BUILDERS ASSOCIATION - BUILDER UPDATE

M

ember participation in our events this year has been very encouraging. We sold out our Fall Golf Tournament at Grandover (what a great time!) as well as our Spring GBA Invitational. We had more participants at our Spring Skeet Tournament than ever before…and are gearing up for a great fall tournament in November. Attendance has been good at many other events including the Spring Parade Celebration, our recent joint Build PAC Beer & Wine Tasting event with Winston-Salem, and our Associates Appreciation event. The one thing we can do now is to finish this year with a real flourish. Our Fall Parade Celebration will be our Reverse Raffle to be held at the Elks Club on Thursday, October 20. A $10,000 first prize awaits the winner. It is a fun evening and a good chance to celebrate the Parade and well as make new industry connections. Please consider attending….you will have a great time! We also are planning a membership push throughout the month of October. I would ask that everyone just ask one person to consider joining our Association. If asking is not comfortable for you, just call or send a note to any of our staff or me and we will make the call for you. If they are a builder or remodeler, they become eligible for the NCHBA member rebates. Some have received more than $1,000. That alone, covers the cost of membership and some extra spending money. On the advocacy front, builders also are eligible to file for real estate tax reduction. Associate members will be eligible to enjoy the resolution of the Sales Tax on Labor law. Our state legislative group has basically won exemption for our industry (new and remodeled projects) and material suppliers from charging and collecting sales tax on labor. It is difficult to find a person that belongs to our Association that has not made or saved enough money through our efforts, to more than pay for their membership. We will be participating in TREBIC’s Pig, Poultry & Politics event. This gives everyone a chance to meet area candidates and hear their last argument for your vote. We will also be sharing our suggestions for the County Commissioner election this fall. We support candidates that support our issues, regardless of party. In other events this fall, a great lineup of homes for the Fall Parade will offer two weekends of opportunity to look at some of our members’ houses…along with the products and services provided by member trade contractors and suppliers. Looking further ahead, we will continue to work to find a way to secure and build our workforce. The task force we have been participating in will be bringing some individuals to our industry in the spring. Over the next month, we will be nominating a new Board of Directors and Officers…as well as securing council and committee leadership for 2017. If you have interest in serving, please let us know. There are numerous opportunities to be involved in leadership positions within our Association. I would like to personally THANK YOU all for your help and participation during the past year. I have been honored to serve as your president. I know that Ron will do great job going forward.

www.GreensboroBuilders.org Follow Us: Greensboro Builders


Fall Parade of Homes

Saturday & Sunday October 15-16 & 22-23 1:00 – 5:00 pm Admission is FREE PARADE BUILDERS

P

lan to come out and see some great homes on tour during our regional Fall Parade of Homes on Saturday & Sunday, October 15-16 & 22-23. Being held in conjunction with the Home Builders Association of Winston-Salem, the Fall Parade will feature more than 70 newly constructed homes throughout Guilford and Forsyth counties for two consecutive weekends. Homes will be open from 1 – 5 pm each day. Admission is FREE. Utilize with our mobile application – My Home Found - on your smart phone or tablet to access information on Parade entries, including driving directions and an interactive Buyer’s Guide of participating members who assisted in the construction of these homes. You can also utilize this feature to highlight and map the homes you want to tour for driving directions between homes. As you tour the homes…help us promote on your social media pages…by including photos using hashtags: #GSOParadeofHomes #GBAMembers Also join us in supporting A Simple Gesture Greensboro by bringing canned foods to the Parade homes. Your food donations will help support school pantries throughout Guilford County. Special thanks to our participating Builders, Associate members and Parade Sponsors!

Allen Hyatt Builders, Inc. Blue Ridge Companies, Inc. Builders MD, LLC Building Dimensions, Inc. CDI Builders, Inc. D. Stone Builders, Inc. DH Sutphin Builders, Inc. Disney Custom Homes Don Mills Builders Friddle & Company Gunter Custom Homes and Design, LLC Homes Built by Design, Inc. John Hodgin Construction Co., Inc John Marks & Associates, Inc. Laurel Homes Naylor Custom Homes Otey Construction, Inc. Precept Construction, LLC R & K Custom Homes R. Andrews Builders, Inc. Ray Bullins Construction Co., Inc. Ruggieri Associates, Inc. Shea Homes True Homes Wade Jurney Homes, Inc. Walraven Signature Homes, LLC Windsor Homes

GREENSBORO BUILDERS ASSOCIATION - BUILDER UPDATE 3


Builder News Market Your Business to Consumers

With more than 175 licensed general contractors that are members of the Greensboro Builders Association…consumers often don’t know where to start their search for a builder and/or remodeler. However, they are aware of the annual Parade of Homes and Tour of Remodeled Homes. In addition to gaining face-to-face time with consumers during these home tours, your company’s marketing information remains on the GBA website and mobile APP for 6-12 months…giving you a marketing advantage. As you develop your 2017 Marketing Plan…consider participating in one of our three annual home tour events.

Parade of Homes Promoting NEW construction and communities, we will again be offering both a spring and fall Parade of Homes in 2017 to allow builders continued flexibility based on marketing of existing inventory and timing for new construction. Spring dates are tentatively scheduled for April 29-30 & May 6-7. Take advantage of the Early Registration Deadline for the 2017 Spring Parade by submitting your participation agreement and paperwork by January 20.

Tour of Remodeled Homes For remodeling contractors, participation in the annual Tour of Remodeled Homes is a great way to set your company apart from other remodelers. Tentative date for our 2017 Tour is Saturday – Sunday, August 5 - 6. Tour entries can be ANY renovation that has previously been completed or will be finalized by June 15, 2017. Tour entries provide consumers the opportunity to visualize and see first-hand what they might be able to do within their own home. The Tour also provides increased exposure for both the remodeler and associate members involved in the renovation. Both the Parade and Tour provide sponsorship and advertising opportunities through the event magazines…as well as our online mobile website applications. The collective marketing, coupled with the consistent branding of these events, is a win-win for all involved generating qualified traffic and potential clients. Plan now to incorporate these events in your annual marketing for 2017. For Additional Information: Mavis Holcombe (336) 706-6942 mholcombe@greensborobuilders.org

4 GREENSBORO BUILDERS ASSOCIATION - BUILDER UPDATE

Associates EXPO & Builder Roundtable Builders & Remodelers: Plan to join us for our annual Associates Expo on Thursday, November 10 from 4-7 pm at the Greensboro Realtors Association office. This is a BUILDERONLY invitation event to meet with Associate Member exhibitors. Food…networking…great prizes…while gathering information on new industry products and services.

Remodelers Council Upcoming meetings will be held on October 27 at Ferguson Enterprises and November 17 at Amanzi Marble & Granite. Watch for additional information and sign up to attend on the GBA website.

Certified Aging-in-Place Specialist Earn your Certified Aging-in-Place Specialist (CAPS) designation locally. The Remodelers Council will be offering the three NAHB courses required to obtain this national designation in November as well as quarterly in 2017. Our next class will be held November 16-18 at the GBA office. For additional information, contact Michelle Harris at the GBA office at 855-6255 or email her at mharris@greensborobuilders.org.

NCHBA Member Rebate Program Available to all Builder & Remodeler members…the average rebate per member who participated in 2015 was $1,178.12… which more than pays for your annual membership dues. Sign up to begin participating at www.HBARebates.com. Once you register…every quarter if you have a completed home, remodeling project, or multi-family unit that used any of the participating manufacturers, complete and submit the Rebate Claim Form…no receipts needed. This past quarter, GBA members received rebate amounts ranging from $500 to $12,000.

NAHB International Builders’ Show

January 10-12

Orlando

Register to attend the building industry’s largest event where you gain access to innovative products and exhibits, along with valuable networking and educational opportunities. IBS is being held jointly with the National Kitchen & Bath Industry Show (KBIS). Registered IBS attendees have access to the exhibit floors of both shows. Kick off IBS 2017 by attending the Opening Ceremonies on Tuesday, January 10 featuring the legendary quarterback Peyton Manning as the keynote speaker and conclude the show on Thursday by attending the SPIKE Concert featuring Little Big Town! Early Registration is through November 11. Regular Registration is November 12 – January 7. Register before December 2 to receive your badge in the mail. Housing Deadline is December 9, 2016. For registration and additional information, visit www.buildersshow.com.


$10,000 Reverse Raffle

Get your tickets for our $10,000 Reverse Raffle to be held Thursday, October 20 from 6-10 pm at the Greensboro Elks Lodge. Tickets are $100 which include a steak dinner…and one chance to win $10,000. Proceeds from this event will support GBA community service initiatives including ReBuilding Hope with Community Housing Solutions and Raising Roofs…Builders for Habitat. Limited number of tickets available. Do NOT have to be present to win. Reserve your ticket(s) today by calling the GBA office at (336) 855-6255 or email Michelle Harris at mharris@greensborobuilders.org.

ReBuilding Hope We are excited to be partnering with Community Housing Solutions to build a NEW home this fall in the historic Ole Asheboro neighborhood on Douglas Street. Our goal is to begin framing the house the last week in October. There are numerous opportunities for all GBA members to participate in some capacity…from providing labor, both skilled and non-skilled; to donating building materials; to assisting with logistics and/or hospitality for designated workdays. Special thanks to the following companies for their donations to date:

• Framing & Truss Package – BMC • Windows – Pegram West • Exterior & Interior Doors and Trim – Builders FirstSource • James Hardie siding – Talbert Building Supply • Block – Adams Products • Siding Labor – Progressive Siding • Roofing Materials – Best Distributing • Gutters – John Hall Guttering • Cabinets – Marsh Kitchens of Greensboro • Flooring – Totally Floored • Port-a-John – A Sani Can • Soil Treatment – Terminix

Interested in learning more about how you and/or your company might be involved, including donating construction materials and/or labor…contact Jim Sandknop, Community Housing Solutions at (336) 362-1716 or Mavis Holcombe at (336) 706-6942. GREENSBORO BUILDERS ASSOCIATION - BUILDER UPDATE 5


Welcome New Members Red Letter Marketing Builder Richard Dunn Construction, Inc. Gaspar Painting Gaspar Garcia Richard Dunn Mamie Patton Residential Painting Contractors Marketing & Promotions AKR Builders, Inc. (336) 362-6886 (336) 370-6562 (336) 676-6821 Shane Trent Sponsor: Leticia Nieto Sponsor: Steve Schadt Residential Sponsor: Scott Naylor Harford (336) 638-9489 Associate HW Painting Company Window Works Studio, Inc. Sponsor: Jerry Cowan Heriberto Wong Amy Meinecke Bloomday Granite & Marble, Inc. Painting Contractors Interior Design/Home Staging Carraway Construction, Inc. Leigh Davis (336) 462-2801 (336) 854-6085 Steve Carraway Marble & Granite Suppliers Sponsor: Leticia Nieto Sponsor: Maria Adams Commercial Remodeling (336) 724-0300 (336) 382-2553 Sponsor: Scott Allred Kitchen Cabinet Worx Affiliate Sponsor: Francis Disney Harvey Brown Amanzi Marble & Granite C. Flores Roofing, Inc. Cabinet Suppliers John D Liscovitz Custom John Clements Amalia Cruz (336) 333-2200 Builders, Inc. (336) 993-9998 Roofing Contractors Sponsor: David Millsaps John Liscovitz Residential (336) 954-2283 Marsh Kitchens of Greensboro Sponsor: Jason Smith Oak Ridge Electric, Inc. (336) 608-0097 Brad Boyland Bradley Biggs Sponsor: Joey Blackburn (336) 804-4129 Cosmos Granite & Marble Electrical Contractors (336) 643-8996 Lanier Builders, Inc. Rusty Parham Marble & Granite Suppliers Sponsor: Jason Grayer Taylor Lanier (336) 882-2282 Residential Remodeling Sponsor: Sherry Stevenson Pepperidge Construction (336) 282-3468 John Redding Sponsor: Gary Hill Daniels Concrete Service, LLC Carpenters Gregorio Gonzalez (336) 540-4156 Lansink Custom Homes, LLC Concrete, Cement & Stone Sponsor: Scott Rich Kevin Lansink Residential Installation (336) 554-5372 (336) 215-0041 Sponsor: Leticia Nieto Sponsor: Francis Disney

6 GREENSBORO BUILDERS ASSOCIATION - BUILDER UPDATE


Unlock the Value of Your Membership Marketing

Advocacy

• Promote your products and services to consumers and industry members • Online Membership Directory provides complimentary links to your contact information and website • Parade of Homes, Tour of Remodeled Homes, Special Events, Sponsorships & Advertising provide opportunities to increase awareness & recognition of your company

• Three-in-One Membership provides local, state & national membership and representation • Advocacy initiatives support legislation that has positive impact on the building industry and reduces regulatory barriers

Increase your Company’s Exposure

Networking

Expand your Professional Network

• Valuable member-only advantage for your company to gain new business contacts and connections • Membership participation provides access to influential, decision makers within the building industry

Savings

Member-Only Discounts & Rebates

• Exclusive benefit programs that provide direct cost savings for members • Competitive Workers Compensation and General Liability insurance • NAHB Member Advantage discounts on business products & services Save $500 on GMC vehicles purchased • NCHBA Builder & Remodeler Rebate program on building materials

Political Influence on Industry Issues

Knowledge

Gain a Competitive Edge

• Knowledge is power - grow your business by participating in educational programs, council meetings, industry roundtables • Industry resources along with educational programs provide tools to improve your bottom line

Commitment to Industry

Credibility & Integrity

• Invest in the future of our industry by supporting the Greensboro Builders Association - providing industry support and advocacy since 1957

Commitment to Community

Giving Back through Community Service

• Building stronger communities through community service initiatives • Opportunities for members to work together to build and renovate homes through our community partnerships: Raising Roofs…Builders for Habitat and ReBuilding Hope

GREENSBORO BUILDERS ASSOCIATION - BUILDER UPDATE 7


Beer and Wine Tasting

Associates Appreciation Members In Action 1 0 G8 R E GE NR ES EB NO SR BOOBRUOI LBDUEI RL DS EARSSS OA SC SI AO TC II OA NT I-OBNU -I LBDUEI RL DUEPRDUA PTDE A T E


GBA Invitational

Members In Action GREENSBORO BUILDERS ASSOCIATION - BUILDER UPDATE 9


Young Professionals We are looking to grow our Young Professionals group and need your participation! Encourage industry colleagues – 40 & under – to sign up to receive email updates and notifications on upcoming Young Professional activities at info@greensborobuilders.org.

Our next Leveling the Bar networking event will be held on Thursday, November 17 from 5-7 pm. Watch for additional details on the website regarding location as well as make sure you are following us on our GBA Young Professionals Facebook page.

Congratulations to our two GBA Young Professionals Kickball Teams who advanced to the championship game in the Winston-Salem HBA Kickball Tournament held on September 15. #YoPro Blue brought home the trophy! Special thanks to Marble Granite World for sponsoring both teams.

If you have ideas for thing you would like to see this group be involved with…contact our YP Chair Leslie Gunter with Gunter Custom Homes & Design or Cheryl Collins at the GBA office.

NEED SPACE? Turn dreams into

REALITY

with a renovation loan program to meet your needs and fit your budget. We can help - give us a call! DANIEL McCOY

ERIC GILLESPIE

(336) 255-0445

(336) 580-7350

Senior Loan Officer NMLS# 485895 daniel.mccoy @mvbmortgage.com

Loan Officer NMLS ID# 1325664 egillespie @mvbmortgage.com

or Get Started at www.constructionloan.build MVB MORTGAGE, MVB MORTGAGE OF PA, AND MVB MORTGAGE OF KY ARE REGISTERED TRADE NAMES OF POTOMAC MORTGAGE GROUP, INC., A WHOLLY-OWNED SUBSIDIARY OF MVB BANK, INC. • COMPANY NMLS ID# 181319 • WWW.NMLSCONSUMERACCESS.ORG • This is an advertisement.

10 G R E E N S B O R O B U I L D E R S A S S O C I A T I O N - B U I L D E R U P D A T E

EQUAL HOUSING

LENDER


Fall Skeet Tournament Thursday, November 3

2:30 pm Shane’s Sporting Clays

Expert marksmanship is not a requirement to attend - beginners and pros alike will be participating. Guns may be rented. Registration includes 50 rounds of ammunition and dinner following the tournament. Each registration includes one chance to win a shotgun… and additional chances can be purchased. Sponsorships ranging from $100 - $500 are available for members to utilize this sporting venue to promote products and services, as well as gain some one-on-one time with other builder and associate members. Prospective members and guests are invited to attend with GBA members. Participant and Sponsorship Registration form can be found on the GBA website. For additional information, contact Mavis Holcombe at (336) 706-6942 or email her at mholcombe@greensborobuilders.org.

Associates EXPO Thursday, November 10

4:00 – 7:00 pm GRRA Office Associate Members: Take advantage of this annual marketing event to promote and market your products and services to GBA builder and remodeler members. It’s a great way to increase your visibility…gaining valuable face-to-face time with area contractors. This is a builder-only invitation event…along with limited number of exhibiting Associate members. E x h i b i t s p a c e i s l i m i t e d … c o n t a c t Mavis Holcombe a t (336) 706-6942 or email her at mholcombe@greensborobuilders.org to reserve your table.

G R E E N S B O R O B U I L D E R S A S S O C I A T I O N - B U I L D E R U P D A T E 11


Do Business With Members Automobile Dealership

Concrete & Cement Parks IS YOUR

Central Carolina Concrete, L.L.C.

FiNdNeWroadS

2014 Chevrolet Silverado detailS Book

DESTINATION

Tom Oliver, Commercial Sales Consultant

336-992-2035 • www.TriadTrucks.com toliver@parkschevy.com

President

336-315-0777 office 336-215-2900 cell 336-215-0073 fax

COME SEE YOUR LITTLE CHEEPER DEALER

296 S. Edwardia Drive

JUST MINUTES FROM YOU!

Greensboro, NC 27409

Visit Us Today at 615 Highway 66 South, Kernersville, 27284

Energy Rating Consultant

Environmental Solutions Group • ENERGY STAR • Green Building • HERS Ratings • Environmental Testing • Water Management

R. L. Buchanan

Gutters

Email:

randy@centralcarolinaconcrete.com

Mortgages

John Hall Guttering Inc. 5” & 6” Seamless Gutters Copper & Aluminum 1/2 Round & Custom Siding & Window Below Deck Systems Below Deck Systems by John Hall  Guttering is an all aluminum system designed to create a dry, attractive space below raised deck. Constructed of heavy duty .027 aluminum, the panels are impervious to rust. The system is installed with a gentle slope away from the house, and the water is channeled into an integrated gutter system. The panels are available in custom lengths and many colors to suit your specific project.

The strongest homes are built with a manageable Themortgage. strongest homes are

with are a manageable mortg The strongest homes built Adam Kirby (NMLS ID# 545555) with a manageable mortgage. 336-382-3487 adam.kirby@citizensone.com Adam Kirby (NMLS ID# 545555) The strongest homes are built 336-382-3487 with a manageable mortgage. adam.kirby@citizensone.com Adam Kirby (NMLS ID# 545555)

336-382-3487 Mortgages are offered and originated by Citizens Bank, N.A. Citizens One H adam.kirby@citizensone.com name of Citizens Bank, N.A. (NMLS ID# 433960). All loans are subject to ap Lender. 522879

Mortgages are offered and originated by Citizens Bank, N.A. Citizens One Bank, Home Loans® is Loans® a brand Mortgages are offered and originated by Citizens N.A. Citizens One Home is a brand

name of Citizens Bank, N.A. (NMLS ID# 433960). All loans are subject to approval. Equal Housing name of Citizens Bank, N.A. (NMLS ID# 433960). All loans are subject to approval. Equal Housing John Hall 336.707.6421 Lender. 522879 Lender. p.o. box 451 stokesdale , nc522879 27357

12 G R E E N S B O R O B U I L D E R S A S S O C I A T I O N - B U I L D E R U P D A T E


Meet New Customers Face to Face March 24-26, 2017 The Triad’s Largest Home & Garden Event Greensboro Coliseum

Reserve Your Exhibit Space Now! Contact

Casey Harper 800-849-0248 (x105)

SouthernIdealHomeShow.com A Southern Shows, Inc. Production

The Triad’s Home For Building Materials Roofing • Siding • Windows

WE’VE COMBINED TO SERVICE OUR CUSTOMERS WITH 3 CONVENIENT LOCATIONS! BEST DISTRIBUTING 2809-A THURSTON AVENUE GREENSBORO, NC 27406 PH: (336) 274-7300 ROOFING SUPPLY GROUP 300 N. CHIMNEY ROCK ROAD GREENSBORO, NC 27409 PH: (336) 834-1958 BEST DISTRIBUTING 7614 BOEING DRIVE GREENSBORO, NC 27409 PH: (336) 668-9700

ROOFING • SIDING • WINDOWS DECKING • STONE • METAL G R E E N S B O R O B U I L D E R S A S S O C I A T I O N - B U I L D E R U P D A T E 13


2017 Marketing Plan Market Your Business to Members & Consumers Get an edge on your competition! As a member of the Greensboro Builders Association, there are numerous marketing opportunities to promote your business in 2017.

Sponsor Club

An inclusive marketing plan that includes advertising on the GBA website; recognition on a Sponsor Club sign that is displayed at membership events and in the GBA lobby; as well as a Sponsor Club ad placed in the quarterly Builder Update, Parade of Homes and Tour of Remodeled Homes magazines, and the annual Membership Directory.

Sponsorships

From membership and council meetings…to Golf and Skeet tournaments…to Parade of Homes and Tour of Remodeled Homes…sponsorships are a great way to get your name in front of GBA members…on printed materials, emails, website promotions, along with signage and face-to-face time at events.

Advertising

Full page to business card size ads are available in the quarterly Builder Update and the annual Membership Directory which are mailed directly to all members; as well as the Parade of Homes and Tour of Remodeled Homes magazines, with 10,000 copies printed and distributed to consumers.

Southern Ideal Home Show

Promote your company to area consumers at this three-day spring home and garden show. In addition, we hold a Preview Night event for GBA members and guests. For additional information on these and other marketing opportunities, contact Mavis Holcombe at (336) 706-6942 or email her at mholcobme@greensborobuilders.org.

2016 Annual Awards Call for Nominations We are seeking nominations for our 2016 Annual Awards. Nominees must be members in good standing of the Greensboro Builders Association, and must have been active within the past three years. Please consider nominating members for the following awards: • Builder Member of the Year recognizes significant contributions to the Association, the building industry and the community • Associate Member of the Year recognizes significant contributions to the Association, the building industry and the community

• Eugene Gulledge Award recognizes continuous, outstanding contributions to the Association and the community over a long period of time – named for the founder of the Greensboro Builders Association

• Kavanagh Cup named in honor of Roger Kavanagh, a pioneer in single family housing in the Triad recognizes individuals, companies and/or organizations for their efforts in strengthening affordable housing in Guilford County

Nomination forms and a list of past recipients can be found online under the News & Events / Information Resources section of our website at www.GreensboroBuilders.org. All nominations are due by December 31, 2016.

14 G R E E N S B O R O B U I L D E R S A S S O C I A T I O N - B U I L D E R U P D A T E


Housing Market Research Special thanks to Zonda by Meyers Research for providing housing market updates for Guilford County. In the Greensboro-High Point region, total residential building permit activity increased 24.9% year-over-year to an annualized rate of 2,810 units in July. In the twelve-month period ending July, single family building permit issuance increased 10.0% to 1,752 units while multifamily permit issuance increased 61.0% to 1,058 units.

The median closing price for a new detached home in the Greensboro-High Point region increased 4.9% year-over-year to $202,021 in July while the median closing price for a new attached home decreased 15.4% from the same year-ago period to $152,667. Homes priced between $120,000 and $180,000 experienced the most closing activity over the past year. The new home affordability ratio for a detached home reached 52.2% in July.

Please join us for our

Holiday and Mix Mingle Tuesday, December 6 5 - 7:30 pm Starmount Forest Country Club 1 Sam Snead Drive GBA Board Installation Ceremony

Holiday & Business Casual Attire | RSVP by November 30

www.GreensboroBuilders.org G R E E N S B O R O B U I L D E R S A S S O C I A T I O N - B U I L D E R U P D A T E 15


IT’s oFFICIAl!

We Are BMC

BMC and combined under a single brand name to serve you better. The full rollout is expected complete by end of 2017.

vIsIT oUr websITe www.buildwithbmC.com

mAKe YoUr neXT DeCKInG ProJeCT A sTUnnInG sUCCess! Visit our Greensboro showroom to see our beautiful deck and railing display, featuring Trex and Wolf decking products. Our knowledgeable decking specialists are ready to help with design and product selection.

Clemmons 4575 Hampton Road 336.712.9910

Greensboro 1621 Battleground Avenue 336.378.9406

2016 Builder Update: October-December  

Quarterly magazine of the Greensboro Builders Association

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