Building Business News NEWS Volume 17 • NO.7
February July 2012 2011 July 2010
www.kchba.org
The Official Newspaper of The Home Builders Association ofofGreater The Official Newspaper of The Home Builders Association GreaterKansas KansasCity City
Inside this Edition Past Presidents Gather Kansas Tax Reform Proposed by Governor, Lawmakers HBA Hosts Golf Tournament HBA members came out in full force for the 2010 Annual HBA Golf Tournament on Friday, June 9th at the Falcon Ridge Golf Club in Lenexa, KS. Renewed interest in the tournament was gratifying for everyone involved with 144 golfers and a portion of the proceeds benefiting two important charities. The Salvation Army and Hillcrest Transitional Housing were presented with checks from Home Builders Association Foundation Fund to support their important work. The day started with a continental breakfast and registration where golfers could purchase mulligans and skirts to raise extra money for the charities on hand. A putting contest sponsored by The Kansas City Star where the winner brought home a new putter. To spice up this year’s event, co-chairs Tommy Angotti (Factory Direct Appliance) and Deb Swearingen (Pinnacle Bank) offered games throughout the day to Governor Sam Brownback keep golfers entertained. The longest drive, longest putt, and everyone’s favorite hole, where golfers could opt to put on a skirt and tee off from the women’s tee box. Finishing the day was a lunch and awards ceremony where checks were On the tolong back normal presented the road charities andtotournament winners. from the most devastating recession
A national discussion about the mortgage interest deduction has found its way to Kansas. While lawmakers will consider many issues this session – school finance reform, redistricting, the state employee retirement system – none have garnered as much attention as tax reform. Kansas Governor Sam Brownback proposed a change in state tax policy during his State of the State that lowers income tax rates. To do so includes eliminating most credits and deductions, including the mortgage interest deduction. Republican leaders in the Kansas House of Representatives have unveiled their own plan to lower income tax rates while preserving the mortgage interest deduction. “The HBA is committed to ensuring the final product is in the best interests of Kansas homeowners and homebuyers,” said HBA Executive Vice President Sara Corless. “We applaud the Governor and House leaders for working to strengthen the state’s economy and to create jobs. Homeownership must be a vital component of Continued on page 3 that plan and the discussion.” Thank you to the 2010 HBA Golf Tournament Sponsors
NAHB Looks for Modest Improvements in 2012
since the Great Depression, the nation’s beleaguered housing industry should see modest improvement in 2012 and stronger conditions in 2013, according to participants in a January 11 NAHB webinar on the outlook for the new year. Looking at just where housing is headed this year, NAHB Chief Economist David Crowe said that, “We are starting 2012 with the same amount of optimism we started in 2011.” Unfortunately, he said, 2011 turned out to be significantly weaker than projected due to a range of factors, including a run-up in energy prices, slumping employment growth, a big dive in consumer confidence, an unusually PRSTRT STD U.S. Postage PAID Permit No. 108 Lawrence, Ks
Aristocrat Homes Capitol Federal Continental Title Company Crowley Furniture harsh winter at home, a disastrous Factory Direct Appliance tsunami in Japan, First American Title and the unsettling spectacle Congress to a Grandviewof Winnelson - Thecoming Water Close Kitchen and Bath Showroom standstill over raising the deficit ceiling. Guier Fence Company, Inc. This year has begun on a more Huber Engineered Woods
Kansas City Homes and Garden Kansas City Star featuring KansasCity.com and HomeFinder.com Nebraskaand Furniture Mart aftermath, featuring B/S/H recession its weak even Pacific Mutual Door & Window declining into negative territory during a ProBuild few quarters. Stewart Title of Kansas City Tile andrecently, Stone Warehouse Most in the third quarter of Top Master 2011, household formations rose above Western Chandelier Company theWilson traditional Fans &historical Lighting rate of increase,
auspicious note, with economic growth, job creation, unemployment claims, Congratulations to the Tournament Winnerssuggesting a return to a normal pace of sthousehold formations, particularly consumer confidence, home foreclosures 1st Place A Flight 1 Place B Flight and homeKen sales all showing favorable among young people. Rosberg Harley SaxcoCrowe calculated Austin signs by the end Roeser of 2011, he said. that there Greg is a Prieb backlog of as many as John Judge Randy Bailey that have yet to “While Jeff thisSheppard won’t be a roaring year, 2 million households Rex Fuller because of the downturn. there willAbe an improvement,” Crowe be2ndformed 2nd Place Flight Place B Flight Don Klamm are now beginning said. Perhaps most reassuring is that Those households David Eickman Josh Bright Richard asWetzel young adults who the economy has begun to emerge from to materialize Ryan Bealmear Chris Williams parents or friends when the its demographic doldrums, he said, resided with Matt Nordstrom Sterling Cramer rd 3rd Place A Flight was bad now find themselves with more growth in the number of economy 3 Place B Flight Bob Kobush Russ Grossman of moving out and households. From a traditional average on the threshold Gary Ely Lea Bailes growth rate of a little over 1%, annual renting or buying a home. Brandon Johnson Brandon Frazee householdJim formations faltered during the Continued on page 3 Bray Todd Jennings
Mark your Calendar
October 2-17, 2010
NAHB Remodelers Awards for a Special Evening
P3 Tax Credit Extension
P5 EPA Responds to Lead Rule
P9
Mike and Kim Brown (2007)
2010 Fallof the Home The Past Presidents Builders Association gathered for an Builders Association annualHome dinner, January 6, at Avenues of Greater Kansas City They Bistro at Mission Farms. welcomed 2010 HBA President, Janet Pereira, to the group that has members from across the generations. The evening was very special with three past presidents with more than 50 years of service to the industry including 1966 president Chuck Bleakley and his Mark your calendar for the 2010 Fall wifeParade Jean,of 1974 Jim Young, Homes. president Since 1947, the Parade of andHomes 1993has president Leo Ashner and his been Kansas City’s local resource buying a newAlso home.among The 2010 the Paradegroup of wifefor Dottye. Homes returns October 2-17. were two other past presidents who have provided leadership and service for over Schedule 40 Parade years, Entry Richard Mather, 1978, and July 16 Hank Rife, 1985. Janet, the Deadline first woman president of Late Entry $1,995 the association, was presented with her past president medallion. “We wanted The final deadline for home entires is July 16, to recognize Janet for her service in 2010. Entry Home Information, Community oneInformation, of the most difficult yearsStyle since Region and Housing wasthe
Parade of Homes
Final Deadline
due on June 25. ToContinued submit your entry for 8 on page the Final Deadline , visit www.kchba.net/ parade2010 or call the HBA office at (816) 942-8800
Inside this Edition
IBA Concept Home 2011 top builders
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