Issue 1 | Feb. 15, 2019
Permits Plus + A bi-monthly statistics and advocacy update for HBA of F-M members
FOR YOUR CALENDAR: March 4 Registration Deadline for Spring Parade of Homes Entries March 14 Chili Cook-Off March 22 Home Builders Care of F-M Foundation Fish Dinner Fundraiser March 26 Lunch Session - Want To Save Money On Interest Rates? Check this Out! April 23 - Lunch Session - Win More Deals with Your Financial Institution May 4-5, 11-12, 18-19 Spring Parade of Homes May 21 Lunch Session Medical Marijuana And Opioids In The Workplace May 29 Remodelers Council Picnic June 3-7 and 10-14 Herdina Academy for the Construction Trades
Visit the calendar at hbafm.com for details or to register for events.
Published six times per year in addition to the Plains Builder, Permits Plus aims to provide a concise report on building permit numbers and a timely update on Association advocacy efforts.
While overall building permits dip, values climb in 2018 Considering all sectors of construction, building permit numbers were down about 7 percent in 2018 compared to 2017. Total permit value was up about 4 percent compared to 2017. This is according to the HBA of F-M’s year-end building permit report encompassing the F-M metro area, plus eight outlying communities. Numbers include single-family and attached housing, multi-family housing, residential remodeling, new commercial, commercial remodeling, public and miscellaneous permits. The F-M metro includes Dilworth, Fargo, Moorhead and West Fargo. Outlying communities include Barnesville and Hawley in Minnesota, and Casselton, Harwood, Horace, Kindred, Mapleton and Oxbow in North Dakota. HBA of F-M President John Gunkelman, Dakota Construction of Fargo, Inc., says, “The past two years were very similar in terms of final numbers, but we saw activity shifting within our local jurisdictions. This is common as markets adjust.”
VALUE PERCENTAGE DIFFERENCE 2018 VERSUS 2017 Housing Starts....................... 9% Multi-Family......................... 78% New Commercial................ -21% Residential Remodel.......... -17% Commercial Remodel.......... 37% Public.................................. -31% Miscellaneous...................... 12% Total Permit Value................ 4%
Specifically looking at housing in all communities, numbers remained relatively unchanged when comparing 2018 to 2017. Housing starts were down by 27 units (3 percent) but housing value was up about $660,000 (less than 1 percent).
This issue of the Permits Plus wraps up 2018! Page 2 Page 4 Page 5 Page 6
INSIDE Permit comparison chart for the F-M Metro and Outlying Towns F-M Metro Building Permit Report Outlying Communities Building Permit Report Top 5 Summary, reflecting the five leading local homebuilding companies in several categories
HBA OF F-M + 1802 32ND AVE S + FARGO ND 58103 + (701) 232-5846 + HBAFM.COM + INFO@HBAFM.COM