FOUNDATIONS DECEMBER - JANUARY

DEC 2020 - JAN 2021

1 | FOUNDATIONS NEWSLTR

ROCHESTER AREA BUILDERS, INC.

RAB HOME SHOW April 2021

6

CONTEST

Download the MemberPlus App

13

WEBINAR Small Business Retirement Plans

15

D C

DEVELOPMENT COUNCIL a division of the Rochester Area Builders, Inc.

C OMMERCIAL C B UILDERS

OUNCIL

a division of Rochester Area Builders, Inc.

STAFF EXECUTIVE DIRECTOR John Eischen, John@RochesterAreaBuilders.com STAFF Shelly Bahlmann, Shelly@RochesterAreaBuilders.com

Golf Outing, Sporting Clays, Home Show, Directory, Newsletter, RAB Update Audra Bolduan, Audra@RochesterAreaBuilders.com

Builders Exchange Trustees and

Showcase Committee, Website Rebekah Fierst, Rebekah@RochesterAreaBuilders.com

Ambassadors, Awards, Community Relations,

Education, Membership, Fashion Show,

Program, Remodelers Council,

Executive & Remodelers Tour, 40 Below

GOVERNMENT & PUBLIC AFFAIRS CONSULTANT Rick Dold, Rick@GodwinDold.com

BOARD OF DIRECTORS PRESIDENT Alissa Moe, Bremer Bank VICE PRESIDENT Luke Stier, Stier Construction, Inc. SECRETARY Becky Holmen, Haley Lighting TREASURER Jesse Buhl, MedCity Consulting PAST PRESIDENT Jerry Jensen, Valor Mechanical, Inc. DIRECTORS Kenneth Bush, Bush Companies Adam Giannini, Meyer Borgman Johnson Spencer Holmen, TLS Companies Jennifer Lawver, ERH Developing, Inc. Tom Leimer, Knutson Construction Jennifer Mitchell, Edina Realty Kevin Reckinger, Bricewood, LLC Kevin Sternberg, Countryside Builders, LLC Charlie Sweeney, Kraus-Anderson Construction

ROCHESTER AREA BUILDERS

WEBINAR REPLAY Subscribe to the Rochester Area Builders’ YouTube channel to get access to our webinars and other videos.

Spring Showcase of

BUILDERS EXCHANGE COUNCIL REPRESENTATIVES John Honeck, WHV, Inc., (Chair) Kurt Hoeger, United Rentals, (Vice Chair) Jeremy Wohlfiel, Merit Contracting, Inc. (Past Chair) COMMERCIAL BUILDERS COUNCIL CHAIR Vanessa Hines, Widseth DEVELOPMENT COUNCIL CHAIR Hal Henderson, HGA Architects & Engineers REMODELERS COUNCIL CHAIR Jessica Markley, Elias Construction 40 BELOW CHAIR Katie Olson, Kimley-Horn & Associates, Inc. NATIONAL LIFE DIRECTORS Joe Weis, Weis Builders, Inc. Steve Buss, Cornerstone Builders & Real Estate, Inc. NATIONAL DIRECTORS Dana Hlebichuk, Widseth Levi Kaiser, Benike Construction (Rep) Todd Severson, TLS Companies, LLC STATE DIRECTORS Mike Allen, Mike Allen Homes, LLC Jean DeWitz, DeWitz Home Builders, Inc. (Rep) Kathy Einck, Maplewood Homes.LLC John McGuine, JM Consulting David Pederson, Dunlap & Seeger Dan Severson, Dan Severson Builders, Inc.,

SPRING SHOWCASE OF HOMES APRIL 17-18, 24-25, 2021 Entry forms will be sent out via email next week. After those have been sent out, you will be able to also download the forms HERE. Overall Event Sponsor: MISSION STATEMENT The Rochester Area Builders, Inc, chartered in 1953, is a professional organization of commercial & residential builders, remodelers, developers and associated businesses dedicated to advancing the building industry in Southeast Minnesota.

We are the trusted voice of the industry, providing leadership, education, networking, and information resources to our members, community and government officials.

6 15

T ES

18

T ON

C

27

13 WEBINAR REPLAYS............................................ 2

YouTube information

RAB CALENDAR.................................................. 4

40 BELOW ........................................................13 Networking Roulette (Holiday Edition)

CONTEST ..........................................................13

January 2021

RAB MemberPlus App Scavenger Hunt

LETTER FROM RAB PRESIDENT........................... 5

WEBINAR..........................................................15

Alissa Moe, Bremer Bank, 2020 RAB President

MEMBERSHIP REPORT........................................ 6

November

FASHION SHOW UPDATE..................................... 6

2020 Show date moved to 2021

INTRO TO THE MIC ............................................. 7

From SIMPLE to Sophisticated: Small Business Retirement Plans

INCLUSIVE WORKFORCE PRACTICES..................16

Why you need a Workforce Participation Plan

NAHB EYE ON HOUSING.....................................18

Building Materials Prices Decline in November Amid High Volatility

PRESS RELEASE................................................19

RAB MEMBER PORTAL

DBS Group

NEW MEMBER WELCOME ................................... 8

PRESS RELEASE................................................23

December New Members

EDUCATION ....................................................... 8

2021 Information

RAB HOME SHOW................................................9

Registration Information

MEMBERSHIP DUES...........................................10

City of Rochester

ROCHESTER BUILDING PERMITS........................24

November 2020

BYRON BUILDING PERMITS................................24

November 2020

SEMR HISTORICAL OVERVIEW............................25

A New Way to Pay!

November 2020

NAHB EYE ON HOUSING.....................................11

OLMSTED BUILDING PERMITS ...........................25

Share of New Homes Started With 3 Bedrooms Increases in 2019

MEMBERPLUS APP CONTEST.............................13

Rochester Area Builders Membership App - WIN

November 2020

4 | DECEMBER - JANUARY 2020

JANUARY 2021 SUNDAY

MONDAY

3

TUESDAY

WEDNESDAY

THURSDAY

FRIDAY

SATURDAY 1

2

7

8

9

8:00 AM 12:00PM 12:00 PM Remodelers Showcase Comittee Webinar: Council Executive Meeting Marketing with Meeting RAB 11:30 AM 4:00 PM Executive 40 Below Committee Meeting Networking Roulette 11 12 13 14

15

16

22

23

29

30

4

5

6

12:00 PM Government Affairs Committee Meeting

10

3:30 PM Builders Exchange Board of Trustees Meeting

17

18

11:30 AM Fashion Show Meeting

24

4:30 PM 12:00 PM 40 Below Executive Webinar: From Meeting SIMPLE to Sophisticated Small Business Retirement Plans

19

10:00 AM Green Building Meeting

25

11:30 AM Home Show Committee Meeting

31

3:00 PM Board Meeting

20

21

12:00 PM 8:00 AM Ambassadors Membership Committee Meeting Committee Meeting

26

27

28

5 | FOUNDATIONS NEWSLTR

FROM THE PRESIDENT Greetings!

This will be my final letter to you as President of Rochester Area Builders Association. As I reflect on the past 365 days, I am pleased to say that my feelings are mostly positive with a flair of optimism for the upcoming months.

We kicked off 2020 with a 40 Below Holiday Party, a RAB Board volunteer bonding opportunity, and our General Membership Meeting (wow, I miss these!!). We then hosted the 2020 Home Show, a community and association favorite. The month of March brought Builder Day at the Capital, Job Shadows, and…the introduction of Covid-19 and a statewide shutdown that changed the way we would be doing business for quite some time. As we adapted to a strange new way of life, we found the days getting longer and the grass beginning to green again.

Springtime brings new beginnings. The first new beginning was the Spring Showcase of Homes. Through the dedication of the RAB staff, board and committee members, as well as our members, we were able to pull off a Spring Showcase of Homes that featured a hybrid model of in-person showings, as well as virtual. Thanks to the ease of accessibility to the Showcase through the RAB Events App, we tracked record numbers of traffic to the homes on the Spring Showcase!

Spring also brought the postponement of our classic event Studs, Struts and Stilettos...but don’t worry! It will be back and better than ever October 2021. Summer brought the RAB and BER golf outings with some modifications to adhere to social distancing (a term we’ve become all too familiar with), but all the fun of previous events. Rolling into autumn, we hosted a successful Sporting Clay Shoot for our members, as well as a youth shoot. This event sells out in

record time year after year! The Fall Showcase of Homes and Remodelers Tour also took place, providing our members and our community with the option to visit virtually.

As we look to 2021, I want to get you excited about all that RAB has been working on to bring value to your business, your customers, and our community. I am most excited to report that we have moved the Home Show to April 2021, a strategic decision that was made to accommodate an inperson show (fingers crossed!). There is still time to register for a booth for the new date of the Home Show and you can do so by reaching out to the RAB Office.

In closing, I want to thank you for your loyalty to this association. It is because of our members, the RAB staff, and volunteers that we can operate an organization such as Rochester Area Builders. I look forward to mingling with you all again soon at monthly Networking Nights, General Membership Meetings, Golf Outings, and more. Life will return to normal! I am also looking forward to the leadership of incoming President, Luke Stier. He will do a marvelous job of leading this association in 2021.

Congratulations, Luke! That is all for now. Thank you for the last year. It has been an honor to serve as your 2020 RAB President.

Alissa Moe Bremer Bank 2020 RAB President

Alissa Moe President Rochester Area Builders, Inc

6 | DECEMBER - JANUARY 2020

ROCHESTER AREA BUILDERS, INC.

MEMBERSHIP REPORT NOVEMBER 2020 MEMBERSHIP TOTAL: RETENTION RATE:

423 87.3

As of October 31, 2020

ONE TO FOUR YEARS LJY Services, LLC...................................................... 2019 Nicole Pierson Design............................................... 2019 MedCity Duct Cleaning, LLC..................................... 2018 Ellingson Companies................................................. 2017 MetroNet..................................................................... 2017 Realty Edge Team...................................................... 2017 Houston County EDA................................................. 2016

2021 FASHION SHOW UPDATE

FIVE TO NINE YEARS Bolton & Menk, Inc................................................................... 2015 CarpetsPlus of Rochester...................................................... 2013 Valor Mechanical, Inc............................................................... 2012 TEN TO 19 YEARS Advantage Cabinets, Inc......................................................... 2010 CRW architecture + design group, inc................................ 2010 Kitchens Plus............................................................................. 2010 RSP Architects........................................................................... 2010 Adamson Motors...................................................................... 2007 American Engineering Testing, Inc...................................... 2007 Brooks Excavating Company, Inc......................................... 2007 Byrne Electric, Inc..................................................................... 2007 Luxury Bath Remodeling........................................................ 2007 Paape Energy Services........................................................... 2007 Pearson Builders, Inc.............................................................. 2007 Prehn Building Sales, Inc....................................................... 2007 Rochester Chevrolet Cadillac................................................ 2007 Summit Fire Protection Company....................................... 2007 Total Electric of Rochester, Inc.............................................. 2007 Traditional Wood Builders..................................................... 2007 Viking Automatic Sprinkler Company................................ 2007 Tri-State Insulated Concrete Forms.................................... 2004 Maplewood Custom Homes.................................................. 2003 Veit Companies......................................................................... 2002 MLT Group.................................................................................. 2001 20 YEARS & MORE Widseth....................................................................... 2000 Creative Hardwood Floors....................................... 1999 Master Builders, Inc.................................................. 1999 Rochester Plumbing & Heating/Roto Rooter........ 1996 Viking Electric............................................................ 1996 StoneBridge Builders, LLC....................................... 1994 Basement Water Control.......................................... 1991 Thompson’s Garage Door and Openers.................. 1991 Tamarack Materials, Inc........................................... 1989 Kuntz Electric, Inc...................................................... 1984 Superior Mechanical................................................. 1984 iHeartMedia................................................................ 1983 K&M Glass Company................................................. 1982 RSM US LLP............................................................... 1976 Short Elliott Hendrickson Inc. (SEH)....................... 1976 Hiller’s Flooring America......................................... 1963 Leitzen Concrete Products, Inc................................ 1960 Cornerstone Builders & Real Estate, Inc................ 1999 Curry’s Custom Cut Gutter, LLC.............................. 1998 MDH, Inc...................................................................... 1996 Dunlap & Seeger PA.................................................. 1993 Citywide Insulation, Inc............................................. 1991 Haley Comfort Systems............................................ 1990 Rochester Public Utilities (RPU)............................. 1990 K&S Heating, A/C, Plumbing & Electrical.............. 1988 Elcor Construction, Inc.............................................. 1986 Hicks Electric, Inc...................................................... 1983 Higgins Custom Cabinetry........................................ 1981 Koball’s Poured Walls, Inc....................................... 1979 WSB............................................................................. 1977

STUDS, STRUTS & STILETTOS HAS BEEN MOVED TO OCTOBER 14, 2021.

MORE INFORMATION WILL BE COMING SOON! STAY UP TO DATE BY LIKING AND FOLLOWING

7 | FOUNDATIONS NEWSLTR

INTRODUCTION TO THE MIC NEED A TUTORIAL? The staff at Rochester Area Builders has created a short video (20 minutes) for members as a helpful guide navigating the Member Information Center (MIC).

We discuss user types, user permissions, viewing & changing your information, events calendar & registrations, billing, your member prof ile, and the MemberPlus app.

CHECK OUT THE VIDEO ON OUR YOUTUBE CHANNEL

Business Directory

Events Calendar

Active Members and Reps – sort by name, f ilter by distance or category

Upcoming committee meetings, featured events, registrations

Resources

Hot Deals & Member To Member Deals

Check the lower left Links section, or the top button for info

Special discounts to the public or other RAB members

News Blog Post Monthly Articles plus access to Monthly Newsletter

Job Search Search current Job Postings or add your own

FORGOT YOUR LOGIN? Go to: http://rochesterareabuilders.memberzone.com/login/forgotpwd to reset your password.

Or create your login account for the first time at this registration page: https://rochesterareabuilders.memberzone.com/CreateAccount

QUESTIONS? CALL: 507-282-7698 EMAIL: RAB@ROCHESTERAREABUILDERS.COM

8 | DECEMBER - JANUARY 2020

WELCOME NEW RAB MEMBERS DECEMBER 2020 ISG

WSE ENGINEERING SERVICES, LTD.

CYLE ERIE

Engineer (507) 722-2980 isginc.com

TOM WIENER

Engineer 507-634-4505 wse.engineering

2021 Continuing Education Residential Building Contractors & B u i l d i n g O f fi c i a l s

CLASSES WILL BE IN PERSON AND ONLINE

REGISTRATION COMING SOON Education Sponsors:

MARKETING OPPORTUNITIES We sent out an email last month regarding 2021 marketing opportunities with RAB. Hopefully you got to see this special communication.

Please send a message to rab@rochesterareabuilders.com if you did not receive this information.

9 | FOUNDATIONS NEWSLTR

ROCHESTER AREA BUILDERS HOME SHOW 42 Annual nd

BOOTH REGISTRATION IS OPEN! CHECK OUT OUT THE MAP HERE

April 9-11, 2021

app is back with updates

Sunday Family Fun Day

NOW WITH MULTI-FLOOR VIEWS

family fun

Rochester Area Builders, Inc.

virtual booth option

friday night

Date night with celebrity chef

Shari Mukherjee

from masterchef with gordon ramsay season 10

10 | DECEMBER - JANUARY 2020

You can now choose to pay your annual membership dues with a monthly payment op�on of $59/month. Save on stamps, checks, and late payments. Just set up automa�c monthly payments!

Please follow these simple steps to get started.

$59

STEPS:

/mo.

1. Login to the Member Informa�on Center at http://rochesterareabuilders.memberzone.com/login?dest=paymentprofile 2. Add your credit card or bank account as a new Payment Profile.

3. Click the checkbox next to these words “By checking this box and submi�ng this payment profile...”.

4. Click “Add Profile” bu�on to save your Payment Profile.

That's it. We will let you know when the setup is complete and provide confirma�on of the monthly dues payment details. If you wish to u�lize an automa�c annual payment for your annual dues, please send us an email message.

For questions or concerns, please contact us at (507) 282-7698 or RAB@rochesterareabuilders.com *Forgot your login?

Go to: http://rochesterareabuilders.memberzone.com/login/forgotpwd to reset your password.

Or create your login account for the first time at this registration page: https://rochesterareabuilders.memberzone.com/CreateAccount

11 | FOUNDATIONS NEWSLTR

Share of New Homes Started With 3 Bedrooms Increases in 2019

BY LITIC MURALI on DECEMBER 14, 2020 The U.S. Census Bureau’s Survey of Construction’s (SOC) estimate of the number of bedrooms in new single-family homes has shown a declining trend for homes with 4 bedrooms or more since 2015 and a rising trend for homes with 3 bedrooms. The most recent SOC data show the number of bedrooms of new homes whose construction began in 2019 (new homes started).

Nationally, the number of single-family homes started with 3 bedrooms increased from 45.3% in 2018 to 46.9% in 2019. These developments are linked to changes in the makeup of homebuyers from the previous years. In 2018, the share of new homes started with 2 bedrooms or less increased, signifying an increase in first-time homebuyers, many of whom would prefer smaller houses. In the next year, per the SOC data, this share decreased, possibly signifying fewer first-time homebuyers in the market.

That the share of new homes started with 3 bedrooms was the only category to experience an increase is revealing of the nature of housing demand in 2019. Also, as is the case with the number of bathrooms in new homes started in 2019, the number of bedrooms is strongly positively correlated with the square-foot area of new homes started. Seventy-five percent of all new homes started between 1,600 and 1,999 square feet were those with 3 bedrooms.

In higher tiers of home sizes, the shares of homes started with 3 bedrooms decreased.

Finally, and not surprisingly, 82% of homes with a square foot area of 1,200 or less had 2 bathrooms or less, as well.

As the above figure shows, the New England Census Division experienced the greatest increase in the share of new homes constructed with 3 bedrooms from 2018; however, it also experienced the greatest absolute change of all the nine Census Divisions in terms of number of units with 3 bedrooms.

Interestingly, the 2019 SOC data show variation in the number of new homes started with 3 bedrooms in different tiers of home prices in the built-for-sale market,

which makes up 75% of the market of all new homes started. In 2019, in higher tiers of home prices in new houses specifically built for sale, the share of new homes started with 3 bedrooms declined. In the built-for-rent-market, which make up only 4% of all new homes started in 2019, 51% of homes had exactly 3 bedrooms, thus making it the preferred category in the number of bedrooms for that market.

12 | DECEMBER - JANUARY 2020

Wishing you and yours a Happy and Prosperous New Year!

From,

www.bankonONB.com

13 | FOUNDATIONS NEWSLTR

40 Below Networking Roulette (Holiday Edition) Dig out your ugly sweater or Santa hat, grab your favorite holiday drink, and join us for a festive round of 40 Below x Networking Roulette on Thursday, January 7 from 4:00pm - 5:00pm.

Mission: Empower Rochester’s young professionals to advance their professional and personal life by creating a welcoming atmosphere to cultivate long-term connections.

Vision: An active, connected, and engaged group of young professionals building communities in southeastern Minnesota.their own through the availability of gap loan mortgage assistance and a Community Land Trust program.

Networking Roulette offers individuals the opportunity to meet and mingle with other local professionals – virtually!

For our 40-Below exclusive event, participants will be “randomly” arranged into small groups, where a Tulip Tree team member will facilitate fun and festive conversation between group members.

ZOOM INFORMATION FOUND HERE

You’re not going to want to miss out on this post-holiday networking fun.

(We’re serious about the holiday wear and BYOB by the way…but not required of course)

COMMITTEE MEMBERS

Katie Olson - Chair Briana McDonald - Past Chair Matt Diny Adam Giannini Mark Miller Kate Van Hout Blair Bestor

Tyler Lenzner Dani Buck RAB STAFF

Rebekah Fierst John Eischen GET SOCIAL WITH US

@RABFORTYBELOW

Would you like a chance to win $25 from Charlie’s Eatery & Pub? All you have to do is send a message to RAB@RochesterAreaBuilders.com with a screenshot showing that you have downloaded and logged into the MemberPlus app. That’s it. Pretty easy, right?

Using the app’s push notifications, we will announce a random winner of those who submit the app picture, so be sure and say yes to allowing notifications for the MemberPlus app.

Good Luck!

14 | DECEMBER - JANUARY 2020

GREAT TIME TO LOCK IN YOUR RATE

R E F I NAN C E YO U R H O M E GREG JOHNSON

JEANNE STRUCKMANN

LOAN ORIGINATOR

LOAN ORIGINATOR

Direct Line 507-258-2192 Email gjohnson@altra.org NMLS# 516974

Direct Line 507-421-7655 Email jstruckmann@altra.org NMLS# 411311

3833 Cascade Creek Rd. NW

(Corner of 19th St. & West Circle Drive)

123 16th Ave. SW, Suite 500 Rochester, MN

507-258-4500 • 800-755-0055 www.altra.org Contact Altra for more information. Equal Housing Lender. Federally insured by NCUA.

15 | FOUNDATIONS NEWSLTR

Businesses grow and change. Your retirement plan needs to be flexible.

Rochester Area Builders and Continuum Financial Group invite you to a special seminar, From SIMPLE to Sophisticated: Small Business Retirement Plans Please join Jodi Hruska, MBA, CFP®, CDFA®, Financial Advisor with Continuum Financial Group, a private wealth advisory practice of Ameriprise Financial Services, LLC. During this complimentary seminar, we will cover these topics: • Employer-sponsored plans, including IRA-based and qualified retirement plans • Determining which plan may be right for you This is an informational seminar. There is no cost or obligation.

REGISTER HERE

16 | DECEMBER - JANUARY 2020

Inclusive Workforce Practices: Why you need a Workforce Participation Plan

by Winona State University Adult & Continuing Education

JOIN US FOR AN ENGAGING WORKSHOP WITH SYBIL L. DUNLOP, A NATIONAL THOUGHT LEADER ON DIVERSITY, EQUITY, AND INCLUSION (DEI) ISSUES.

Workforce diversification is a long-term success strategy for companies and communities. Contractors bidding on City of Rochester Destination Medical Center (DMC) projects are required to submit Workforce Participation Plans explaining how they will meet the workforce participation goals. Join us for an engaging workshop with Sybil L. Dunlop, a national thought leader on diversity, equity, and inclusion (DEI) issues. Sybil helped found Greene Espel’s Diversity & Inclusion practice which helps workplaces design and implement DEI programs to meet organizational goals, and she has spoken on this topic to more than 100 audiences across the nation.

Participants will: 1. Understand the value proposition for effectively recruiting and retaining a diverse and inclusive workforce.

2. Learn the benefits of integrating actionable Workforce Workplans with your Affirmative Action Plan (AAP) to meet workforce participation goals.

3. Become aware of best practices from organizations with leading equitable and inclusive hiring practices.

Who should attend? CEOs, presidents, vice presidents, managers, recruiters, DEI / EEO / AA officers, and other human resource generalists and specialists across multiple sectors who want to learn how to make workforce diversity support organizational success.

More information and register HERE

DATE: JANUARY 20TH TIME: 2:00 PM – 3:00 PM

17 | FOUNDATIONS NEWSLTR

18 | DECEMBER - JANUARY 2020

Building Materials Prices Decline in November Amid High Volatility

BY DAVID LOGAN on DECEMBER 11, 2020 Prices paid for goods used in residential construction ex-energy decreased 0.6% in November (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The index for inputs to residential construction, including food and energy also decreased over the month, albeit by slightly less (-0.5%). Neither measure had fallen since pandemic-driven price declines began to appear en masse in April’s BLS data. The core index for building materials is up

have been 2020 (0.45) and 2018 (0.29). In contrast, the 20-year annualized volatility has been roughly 0.14. This year’s price index has been roughly four times as volatile as it was during the recessionary

years of 2008 and 2009.

In addition to nominal price movements and tariffs on Canadian lumber, crossborder purchasers are affected by the strength of the U.S. dollar relative to the Canadian dollar. Not only has the USD weakened 12.0% since March, nearly onequarter of that decline has occurred over the past four weeks as lumber prices

3.9% year-to-date (YTD).

A sharp decrease in prices paid for softwood lumber (seasonally adjusted) offset what few product-specific monthly price increases there were in November (e.g., gypsum and asphalt products). The softwood lumber PPI declined 17.8% in November after falling 7.4% in October.

Even after accounting for the recent twomonth 23.9% drop, the price index remains 45.4% higher than it was in April.

Although, according to Random Lengths data, lumber prices began climbing again in mid-November, the timing of the PPI survey makes it likely that the majority of upward price movement will not be evident in the BLS data until the next release in January 2021.

began rising again.

Prices paid for gypsum products surged 4.8% in November, the largest gain since 2013 and following a relatively lengthy period of stability. Prior to November 2020, gypsum prices had not increased by

more than 3.0% since February 2018.

Prices paid for ready-mix concrete (RMC) decreased 1.1% in October (seasonally adjusted), after falling 0.6% in October.

Similar to softwood lumber prices, RMC has been fairly volatile recently compared Not only has softwood lumber reached historic highs in terms of prices this year, but those prices have been extremely volatile. The two most volatile years for the softwood lumber PPI since 2001

to its long-run average.

The only region to experience a price increase in November was the South (+0.2%). Prices fell in the Northeast, Midwest, and West by 3.5%, 4.1%, and 0.3%,

respectively (not seasonally adjusted).

Other changes in indexes relevant to home building and infrastructure are shown below.

19 | FOUNDATIONS NEWSLTR

FOR IMMEDIATE RELEASE: December 21, 2020

Contact:

Chris Walters DBS Group (608) 881-6007 x-102

-or-

Annette Mikat Mikat Public Relations, Inc. (608) 782-1780

DBS GROUP PROJECT MANAGER EARNS ICC CERTIFICATION ROCHESTER, Minnesota — DBS Group Project Manager Steve Bieniek of Rochester, Minnesota, has earned certification as a National Standard Building Contractor from the International Code Council.

ICC certification is proof to prospective clients that a builder is qualified for the project and has the expertise to ensure safe, affordable, and sustainable buildings.

Certification follows a rigorous exam based on the ICC International Building Code, ICC International Residential Code, and the ICC Concrete Manual. The exam is designed to provide licensing agencies a means to qualify a contractor to obtain a contractor license in a city, county or state that requires the certification.

For more information regarding DBS Group, visit DBSG.com or call (608) 881-6007.

DBS Group is a design-build construction manager and general contractor based in Onalaska, Wisconsin. Experts in design-build project delivery in various commercial construction markets, DBS Group manages building projects from conception to completion with a proven track record of optimizing facility performance, maximizing the owner’s investment, virtually eliminating change orders after construction commences and ensuring that the project is delivered on-schedule and onbudget. ###

20 | DECEMBER - JANUARY 2020

We’re in the offering NAHB members up to $1,000 business.

2018 Chevrolet Low Cab Forward 3500HD

2018 Chevrolet Express 2500 Cargo Van

2018 Chevrolet Silverado 2500HD

2018 GMC Sierra 1500

USING THE PRIVATE OFFER FOR NAHB MEMBERS IS EASY: 1. Get your NAHB Proof of Membership by logging into NAHB.org and obtaining your verification form.

2. Visit your local Chevrolet dealer and mention this Private Offer.

3. Select an eligible vehicle(s) to purchase or lease and present your NAHB proof of membership.

For even more value, combine this offer with the National Fleet Purchase Program and Business Choice Offers. For full details on the Private Offer, NAHB members should visit nahb.org/gm.

Example offer for NAHB members who are business owners purchasing a 2018 Chevrolet Express 2500 Cargo Van. Up to

$1,000 Private Offer1

+

$3,750

National Fleet Purchase Program (FVX)2

Up to

+

$1,200

Eligible Accessory Cash Allowance3

Up to

=

$5,950 In Potential Value

¹Private offer amount varies by model. City Express and Low Cab Forward receive a $250 Offer for both Fleet and Retail deliveries. Fleet deliveries on the Buick Enclave, Chevrolet Traverse, Silverado, Express, Suburban, Tahoe, GMC Acadia, Sierra, Savana, Yukon, XL receive a $1,000 Offer. All other Fleet or Retail deliveries receive a $500 Offer. Valid toward the purchase or lease of eligible new 2017 and 2018 model year vehicles. Offer excludes Chevrolet Bolt, Camaro, SS, Corvette, Sonic, Spark, Trax, Volt, Buick Cascada, LaCrosse, Regal, Verano, and all Cadillac vehicles. Additional GM models may be excluded from time to time at GM’s sole discretion. Customer must take delivery by 1/2/2019. Not compatible with some other offers. Not valid on prior purchases. See dealer for details. 2Offer available to qualified fleet customers through 1/2/2019. Not compatible with some other offers. Take delivery by 1/2/2019. See dealer for details. 3To qualify, vehicle must be used in the day-to-day operations of your business and not solely for personal/non-business-related transportation purposes. For complete program requirements, including information regarding offers, vehicles, equipment, options, warranties, and ordering, consult your dealer or visit www.gmbusinesschoice.com. Requires $500 minimum purchase. Cash Allowance will be equal to the amount spent up to $1,200. Not eligible on Associated Accessories from third-party independent suppliers. Not available with some other offers. Take delivery by 1/2/2019. See dealer for details. ©2018 General Motors, LLC. All rights reserved. The marks appearing in this ad are the trademarks or service marks of GM, its subsidiaries, affiliates, or licensors.

21 | FOUNDATIONS NEWSLTR

ulti-County HRA + Space Spring Valley + St. Charles tville EDA + Stier Construcs Paint and + 22 Decorating | DECEMBER t Rentals + Superior Sylvester Construction, LLC uction, Inc. + Thimijan + Thompson's Garage Door ompanies, LLC + Tonna chester, Inc. + Townsquare Builders + Tri Star Insulation ete Forms + TSP Architects & Rentals + The Urban Studio, nies + Viking Automatic

- JANUARY 2020

Concepts, Inc. + Greg Speedling Contracting, EDA + Stadsvold's Lawn & Landscape + tion, Inc. + Stone Expressions + StoneBridge Robert Suk Law Office, PLLC + Summit Mechanical + Superior Water Conditioning + + Synergy Products + Tamarack

F O U N D AT I O N S Rochester Area Builders, Inc.

Inc. + Spring Grove EDA + Spring Valley Overhead Door, Inc. + Stantec + Sterling State Bank + Stevens Heating, Inc. + Builders, LLC + Stonybrook Builders of Rochester, Inc. + Custom Homes, LLC + Summit Fire Protection Company + Craig Swanson Builders, Inc. + Swenke Ims Contracting, LLC + Materials, Inc. + Thatcher Pools & Spas, Inc. + Thiemann Custom Homes, LLC + Think Mutual Bank + Thomas Tool & and Openers + Tile Superstore & More + TLC Surfaces, LLC + Mechanical, Inc. + Top Shop of Rochester, Inc. + Total Electric Media Rochester + Tradesmen International, Inc. + Traditional + Tri-State Business Machines, Inc. + Tri-State Insulated Engineers + Tulip Tree Studios + Turri Crane Service, Inc. + LLC + U.S. Bank + Valor Mechanical, Inc. + Val-U-Blinds + Veit

2021

N ews l e t t e r Advertising

Sprinkler Company + Viking Electric Supply + Vision Homes & eling, LLC + WA Insurance + Warners' Stellian Appliance Co., Inc. + Waste Management + J. Waugh uction, LLC + Weis Builders, Inc. + Greg Wellik Construction + Wells Concrete + Wells Fargo Bank ota NA + Wells Fargo Home Mortgage + Wells Fargo Home Mortgage East + Wendland Utz + Electric + West Bank + West Concord EDA + Jim Whiting Nursery & Garden Center, Inc. + WHKS & Wildwood Sports Bar and Grill + Wilson Tibor & Maves, Ltd. + Wintrust Mortgage + Wobig Construction, LLC + Women Communications, LLC + Workforce Development, Inc. + Wright Homes, Inc. The Rochester Area Builders Newsletter is an unbeatable opportunity to advertise to members and individuals associated with ing + Xcel Energy + XRG Concepts, LLC + Your Home Improvement Company + Zen Custom Homes + Zillgitt Civil Design + Zimprovements = RAB

RAB. It is a source of valuable association and industry information, and is published and emailed monthly. Foundations is sent to over 900 connected industry professionals. The sizes of ads are listed under Display Ad Dimensions, and prices are located below. Ads may be changed from month to month.

Our prices are for full color ads. We will be glad to work with you to design your ad. Please send digital files for all ad copy, logos, and artwork. We use PC format. We accept Illustrator and Photoshop files (CS1). Convert all fonts to outlines. We also accept the following high resolution file types: .tif, .eps and .pdf (with all graphics and fonts embedded) files. If you have any other formats, please contact us.

Newsletter Advertising Rates

Per Issue

12 Issues

New Member 12 Issues

Full color 1/2 Horizontal

________

$70

________

$650

________

$487.50

Full color Full Page

________

$90

________

$900

________

$675.00

Full Color Full Page Press Release

Newsletter Display Ad Dimensions 1/2 Horizontal 8.68” x 5.75” Full 8.68” x 12”

$25

Payment options: ________

Check enclosed (Please make out check to “Rochester Area Builders”)

________

Please invoice company

________

Credit Card

Number: _______________________________________________________________________ Security code: ___________

Exp Date: ______________

Business Name ____________________________________________________________________ Contact __________________________________________________________________________ Phone number ____________________________________________________________________ Fax ______________________________________________________________________________ Email ____________________________________________________________________________ A&A Electric & Underground, Inc. + AB Systems, Inc. + Abacus Engineering + Abbco Company + ABC Supply Company, Inc. - North Rochester + ABC Supply Co., Inc. + ABC Water Conditioning Service, Inc. + Above All Roofing of Rochester, Inc. + Accord Electric, Inc. + Action Plumbing, Heating & A/C + Adair Electric Company + Adamson Motors + Advanced Builders & Remodeling + Advanced Building Center, Inc. + Advanced Disposal + Advantage Cabinets, Inc. + Ag Services, Inc. + J.F. Ahern Co. + Alexander & Sons Builders + All Craft Exteriors, LLC + All Sons' Exteriors, Inc. + Mike Allen Homes, LLC + Allen Outdoor Solutions, LLC + Allied Building Products + All-Star Basements + Altra Federal Credit Union + American Engineering Testing, Inc. + American Waterworks + Ames Construction, Inc. + Andersen Windows, Inc. I have read, understand and agree to the terms of this contract. + Anderson Builders, LLC + Anderson Construction + Appliance Village Company + Arcon Land, LLC + Arrow Building Center + Associated Bank + Athelon Enterprises, LLC + Atlas Insurance Brokers, LLC + B&C Plumbing & Heating, Inc. + Al Barker Custom Homes, Inc. + Barton Brothers Construction, Inc. + Basement Water Control + Batzel Builders, Inc. + BDS Contract Door & Hardware Co. + Beckley's Office Products + Beetles Bar & Grill, Inc. + Benike Construction + Scott Berberich Construction, LLC + Beyond Kitchens, LLC + Bigelow Homes + Bigelow-Lennon Construction, LLC + Blooming Prairie EDA + The Blue Book of Building & Construction + Bobcat of Rochester + Bob's Construction, Inc. + The Boldt Company + Bolton & Menk, Inc. + Brandl Anderson Homes, Inc. + Brandrup Builders + Brauer Roofing, Inc. + Braun Intertec Corporation + Brekke Fireplace Shoppe + Bremer Bank + Brennan Companies + Bricewood, LLC + Briese Iron Works, Inc. + Bright Ideas + Brinkman Builders, LLC + Brock White Company + Tom Brogan Heating & Air Conditioning + Brooks Excavating Company, Inc. + Bruce Bucknell Construction, Inc. + Budget Blinds + Building Restoration Corporation + Burdick Builders, Inc. + By Design Builders, LLC dba Wausau Homes + Byrne Electric, Inc. + City of Byron + Cachiaras Building & Remodeling + Cambria + Carpet One + CarpetsPlus of Rochester + Castlewood Homes, Inc. + Cemstone Supply + Centurion Ridge, LLC + Charlie's Eatery & Pub + Charter Communications/Spectrum Reach + Charterpoint Wealth Strategies + Chatfield Lumber Company, Inc. + City of Chatfield + Chladek Construction, LLC + Chosen Valley Testing, Inc. + Christian Brothers Cabinets + CHS, Inc. + Citizens One Home Loans + City of Kasson + Citywide Insulation, Inc. + Claremont EDA + Clayton Thomas Blinds of Rochester + Clements Chevrolet Cadillac + CliftonLarsonAllen, LLP + Coldwell Banker Burnet + Comfort Air, Inc. + Commercial Leasing Services + Completely Clean + Consolidated Communications, Inc. + Construction Partnership, Inc. + Coordinated Business Systems, Ltd. + Cordes Construction + Cornerstone Builders & Real Estate, Inc. + Corporate Web Services, Inc. + Coulee Bank + Counselor Realty of Rochester, Inc. + Countryside Builders, LLC + Cravath Homes, LLC, dba Accessibility Solutions + Creative Curb Appeal + Creative Hardwood Floors + Crescent Electric Supply Company + CRW architecture + design group + Culligan of Rochester & Kasson + Curry's Custom Cut Gutter, LLC + Curtin Drywall, Inc. + Custom Alarm / CCI + Custom Hardwoods + Custom Homes by Bradley, Inc. + Custom Retaining Walls & Landscaping, Inc. + D2E, LLC + Dahl Home Builders, Inc. + Dakota Supply Group, Inc. + Data-Smart Computers, Inc. + DeCook Builders, LLC + DeGeus Tile & Granite + Derby Construction, LLC + The Design Connection + Design Studio B + Destination Building Center + Destination Flooring Rochester, LLC + Destination Medical Center EDA + DeWitz Home Builders, Inc. + Dickison Builders, LLC + DiNicola & Pestka Appraisals + Distinguished Homes by Mitch Hagen, LLC + DMC Plumbing & Heating, Inc. + Dodge County EDA + Dolan's Landscape Center, Inc. + DoubleTree by Hilton + DreamMaker Bath & Kitchen + Duke Aerial, Inc. + Dunham Associates, Inc. + Dunlap & Seeger PA + Dynamic Masonry Products, LLC + Eckert Construction, Inc. + ECSI System Integrators + Edel Construction, LLC + Edina Realty Home Services + Todd Eidem Construction, Inc. + Elcor Construction, Inc. + Elcor Realty of Rochester, Inc. + City of Elgin + Elias Construction, LLC + Elite Concrete Lifting of Minnesota, LLC + Ellingson Companies + Elsmore Plumbing, LLC + Energy Panel Structures + Energy Products & Design, Inc. + Envirolastech, Inc. + EO Johnson Business Technologies + ERH Developing, Inc. + Exclusive Home Builders & Remodelers + Expert Insulation, Inc. + Express Employment Professionals + Extreme Panel Technologies, Inc. + City of Eyota + EZ Fabricating, Inc. + F&M Community Bank + Fairway Outdoor Advertising, LLC + Fat Willy's Bar & Grill + Jeff Feece Designs + Ferguson Enterprises + Ferguson Truck & Trailer Sales + Fieldstone Family Homes, Inc. + Fillmore County EDA + First Alliance Credit Union + First Choice Homes, LLC + First Security Bank + R. Fleming Construction, Inc. + FloCore + Ford Metro, Inc. + Foster Construction, Inc. + Franklin Energy + Frattalone Companies, Inc. + Chris Fritsch Custom Homes, LLC + Gander Plumbing & Heating, Inc. + Dale Gathje Construction, Inc. + Steve Gentry Construction, LLC + Gerhards - The Kitchen & Bath Store + Robert Gill Builder, Inc. + Godwin Dold + Goodin Company + GP Development, Inc. + Grand Meadow EDA + Great River Overhead Door + Green Lawncare Irrigation & Service Co. + H&H Company of Rochester, LLC + Habitat for Humanity - Rochester Area + Haley Comfort Systems + W.L. Hall Company + Hamilton Plumbing + Hammer Homes, Inc. + Hanson Construction & Specialty Cabinets, LLC + James Hardie Building Products + Harmony EDA + Harmony Insurance Group + Joe Hartert Builders, LLC + Hartman Complete Lawncare, LLC + Hayfield Window & Door Company + HDR Architecture + Heartland Security + Heartman Insurance + Heartwood Homes of Rochester, Inc. + Brandon Henderson's Construction Plus, LLC + Hentges Glass Company + HGA Architects and Engineers + Hicks Electric, Inc. + Higgins Custom Cabinetry + High Definition Homes, LLC + Highmark Builders + Hiller's Flooring America + HiMEC at Home + Jeff Hinkle Custom Homes, Inc. + Hirshfield's Decorating Center + The Home Depot + Home Federal Savings Bank + Home Improvement Professionals, Inc. + Home Systems Installation, LLC + HomeOnTrack + HomePro Home Inspections, Inc. + Horizon Equipment, LLC + Houston County EDA + Hoyer Construction, LLC + Hunt Electric Corporation + Hutch's Custom Cabinets + Hy-Vee Stores + Int'l Brthrhd of Electrical Wrkrs Local 343 + ICC Restoration & Cleaning Services + iHeartMedia + Image Smartz, LLC + Innovative Surfaces, Inc. + Installed Building Solutions II, LLC + Insty Prints + IntegraSpec Central/Jeff Mueller Construction + Interiors by J.Curry, LLC + J&M Consulting + Michael Jack, LLC + Jaguar Communications + JP's Construction Remodeling & Repair, Inc. + K&M Glass Company + K&S Heating, A/C, Plumbing & Electrical + Kahler Hospitality Group + Tom Kalmes Construction, Inc. + Kariel, Inc. + M.P. Kaye Builders, Inc. + Key Builders, Inc. + Kimley-Horn & Associates, Inc. + KIMT - CBS 3 + King's Flooring, LLC + Kirkland Enterprises, LLC + The Kitchen Design Studio + Kitchens Plus + Gary Kline Roofing, Inc. + Knutson Construction Services + KNXR FM - Minnesota 97.5 + Koball's Poured Walls, Inc. + Kramer Contracting, LLC + Kraus-Anderson Construction Company + Kreofsky Building Supplies + Kruger Electric, Inc. + Kruse Lumber + KTTC/KXLT-TV + Kuehn Motor Company, Inc. + Kuntz Electric, Inc. + Kwik Trip, Inc. + Lacina Siding & Windows, Inc. + Laitala Tile Company + Lake City EDA + City of Lanesboro + Larson Siding & Windows + LegalShield + Legends Concrete, Inc. + Leitzen Concrete Products, Inc. + Lembke Construction, Inc. + Lewiston EDA + Leyendecker Homebuilders, LLC + Lodermeier's, Inc. + Luxury Bath Remodeling + LVC Companies, Inc. + Maas Companies, Inc. + Madery Construction, LLC + Maier Tree & Lawn + Majestic Homes, Inc. + R.J. Manemann Custom Homes + Manufacturer's Bank & Trust + Maplewood Custom Homes + Markham Homes, LLC + Marvin Windows & Doors + Massey Land Surveying & Engineering + Master Builders, Inc. + McGough Construction + MDH, Inc. + MEC

Signature:

Contact Rochester Area Builders, Inc. Attn: Shelly Bahlmann 108 Elton Hills Ln NW Rochester, MN 55901 Phone: (507) 282-7698

Fax: (507) 282-6351 E-Mail: Shelly@RochesterAreaBuilders.com

23 | FOUNDATIONS NEWSLTR

FOR IMMEDIATE RELEASE Bill Von Bank Director of Marketing & Communications Destination Medical Center | Direct: 507-216-9724 Free virtual workshops for women and minority-owned companies to get certified and win bids on City of Rochester, Olmsted County and Minnesota projects December 15, 2020 – Rochester, Minnesota – The City of Rochester and Destination Medical Center are partnering with Minnesota Departments of Administration Office and the of Civil Rights to provide workshops to help certify small businesses and win bids on state and local municipal projects.

Women, minority and veteran-owned companies are encouraged to participate in a Certification Application workshop on Thursday, Feb. 4, 2021 from 9 a.m.–12 p.m. The workshop will be offered virtually and in-person. Computers will be provided for the in-person workshop, with social distancing and mask requirements. The in-person workshop will be hosted by Small Business Development Center at Rochester Community and Technical College in Heintz Center, 1956 College View Rd SE, Rochester, in Room H1317. Certified Disadvantaged Business Enterprises and Targeted Businesses are listed in certification databases where contractors search for bidders.

The second workshop on Bidding and Bonding will be offered virtually on Thursday, March 4, 2021 from 9 a.m.–12 p.m. Experts on bidding government contracts and construction bonding will present at the workshop to help small companies learn bidding strategies on local and state projects and obtain construction bonding.

“Entrepreneurs are encouraged to attend these workshops,” says Jorrie Johnson, City of Rochester targeted business and workforce compliance project manager. “For local women and minority-owned companies who are eager to get certified and bid on City and DMC contracts, these workshops will assist with certification applications and inform them of bid letting process.”

Pre-registration by Feb. 1 for the Feb. 4 in-person workshop to allow preparation for social distanced accommodations. Registration for the March 4 workshop is also required. To register for the workshops contact Orlanda Klinkhammer, DBE Outreach Coordinator for Minnesota Department of Commerce, orlanda.klinkhammer@state.mn.us. Individuals who need reasonable accommodations to participate in this event may contact Janet Miller, Disability Programs Coordinator, MnDOT Equity & Diversity Office, janet.rae.miller@state.mn.us. ###

24 | DECEMBER - JANUARY 2020

ROCHESTER BUILDING PERMITS

NOVEMBER 2020

2011 2012 2013 2014 2015 2016 2017 2018

NEW RESIDENTIAL

2020

Single Family Dwelling

23

6,715,993

35

9,531,694

January

0

0

12

2,456,992

February

Townhome Dwelling

VALUATION 2019

2019 2020

VALUATION 3

6

19

11

20

25

15

19

6

17

8

20

15

14

19

15

20

16

5

13

24

32

29

28

30

31

44

25

27

32

Two-Family Houses

0

0

0

0

March

Manufactured Home

0

0

0

0

April

19

29

39

25

22

33

45

40

23

19

Multi-Family Bldgs (Units)

0

0

0

0

May

14

22

27

35

19

56

43

28

27

19

June

26

32

33

47

51

41

52

38

31

21

July

8

39

39

38

29

44

45

36

26

26

August

18

38

21

60

33

47

30

31

24

17

September

19

22

22

23

27

52

35

39

12

30

October

16

23

34

35

49

25

36

29

27

28

EXISTING RESIDENTIAL Deck Addition

14

115,540

6

41,260

Room Addition

2

195,000

0

0

Porch Additions

3

89,698

2

19,680

Other Additions

3

46,180

2

34,000

Basement Finish

16

328,541

23

349,187

Alterations

63

893,431

42

436,650

Multi-Family Addition

0

0

0

0

Multi-Family Alterations

6

84,379

6

867,500

Assembly (Church)

0

0

0

0

Assembly (General)

0

0

0

0

Assembly (Restaurant/Bar)

0

0

1

34,190

Business

0

0

1

2,800,000

Education

0

0

0

0

Factory/Industrial

0

0

0

0

BUILDING PERMITS ISSUED TO DATE

Institution

1

6,800,000

0

0

Mercantile

0

0

0

0

Miscellaneous

0

0

0

0

Residential (Apartment)

0

0

0

0

Residential (Care/Assisted Living)

0

0

0

0

Residential (Care/Hotel/Motel)

0

0

0

0

Storage (General)

0

0

0

0

Storage (Parking Garage)

0

0

0

0

Storage (Warehouse)

0

0

0

0

Utility (General)

0

0

0

0

Utility (Private Garage)

0

0

0

0

November

20

22

26

26

23

12

41

21

47

23

TOTAL

175

285

304

342

327

381

406

322

254

245

December

16

14

22

27

42

37

33

25

34

*total may differ been voided.

TOTAL 191as permits 299 may 326 have369 369 418

429

347

289

245

*total may differ as permits may have been voided.

NEW COMMERCIAL

0

0

6

2,613,091

16

10,735,868

38

17,292,994

Structural Shell

2

8,500,000

0

0

“White Box”

0

0

3

450,000

Interior Demolition Only

0

0

1

122,250

Other Phased Permits

0

0

0

0

Alterations

OTHER CONSTRUCTION Business Signs

9

104,727

7

79,600

Advertising Signs

0

0

0

0

Footings & Foundations

0

0

0

0

Demolition

3

0

2

0

Information and downloads available at Rochester Building Safety Department’s website: https://www.rochestermn.gov/departments/building-safety/reports-building-permits/ building-permits-2020

2020 VALUATION

NO.

2019 VALUATION

1788

324,875,705

2097

425,361,098

Single Family Dwelling

206

63,339,058

213

62,253,810

Multi-Family Buildings Total Units: 121

4

17,910,000

6

29,836,955

TRADE PERMITS ISSUED TO DATE

8880

90,158,394

9553

109,598,660

Electrical

3425

39,574,416

3804

49,442,429

Electrical (Temp. Service) Mechanical (HVAC)

252

86,175

249

132,149

2365

26,128,214

2448

28,061,227

Mechanical (Gas Piping)

613

874,127

602

1,029,400

Mechanical (Fireplace)

284

1,239,635

303

1,457,966

Mechanical (Hydronic)

152

5,287,022

180

12,559,957

1789

16,968,905

1967

16,915,535

Plumbing

EXISTING COMMERCIAL Addition

YEAR TO DATE STATISTICS

NO.

TOTAL PERMITS YTD

10668

415,033,818

11650

534,959,758

NOVEMBER 2020

BYRON

BUILDING PERMITS

NUMBER

VALUATION

Multi-Family

NEW RESIDENTIAL

0

0

Single Family Detached

4

1,683,425

Basement Finish

1

20,000

Deck Addition

0

0

Existing Residential

25 | FOUNDATIONS NEWSLTR

OLMSTED COUNTY PERMITS YTD

2020

VALUATION

2019

VALUATION

20

Addition

5,544,575

24

6,770,279

Single Family-Attached

5

887,826

0

0

28

1,543,082

16

889,251

30

161,438

35

165,164

8

438,566

17

1,651,227

91

1,625,741

65

722,856

3

73,005

4

101,048

RESIDENTIAL Addition Alterations Garage Addition

VALUATION

1

422,867

4

7,214,369

Alterations

11

640,767

14

1,210,875

Re-roofing

2

8,250

0

0

Pool, Retaining Wall, etc.

14

600,584

12

335,287

Manufactured Homes

36

3,430

61

0

Mechanical

192

2,051,852

178

1,744,085

Plumbing

117

1,354,033

79

614,122

TOTAL PERMITS

567

23,844,735

516

23,821,457

MISCELLANEOUS PERMITS

NEW COMMERCIAL/INDUSTRIAL Recreational

0

0

1

Church/Religious

0

0

0

0

Industrial/Warehouse

1

236,059

5

2,600,556

Service/Repair Station

0

0

0

0

Store/Restaurant

1

227,304

0

0

Nonresidential Building

2

454,023

0

0

VALUATION $0 PERMITS 0

2019

OTHER STRUCTURES

Deck

2019

VALUATION

COMMERCIAL/INDUSTRIAL

Single Family-Detached Garage

2020

NEW RESIDENTIAL

NOVEMBER 2020

175,000

OLMSTED COUNTY PERMITS NOVEMBER

2020

VALUATION $52,799 PERMITS 1

EYOTA

VALUATION $344,804 PERMITS 4

VALUATION $252,062 PERMITS 14

VALUATION $550,511 PERMITS 14

MARION

VALUATION $851,320 PERMITS 14

VALUATION $4,000 PERMITS 1

ORONOCO TWP

VALUATION $6,797,285 PERMITS 14

VALUATION $0 PERMITS 0

QUINCY

VALUATION $864,677 PERMITS 21

STEWARTVILLE

Activity Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.

Key Metrics

Historical Sparkbars

New Listings 11-2017

11-2018

11-2019

11-2020

11-2017

11-2018

11-2019

11-2020

11-2017

11-2018

11-2019

11-2020

11-2017

11-2018

11-2019

11-2020

11-2017

11-2018

11-2019

11-2020

11-2017

11-2018

11-2019

11-2020

11-2017

11-2018

11-2019

11-2020

11-2017

11-2018

11-2019

11-2020

11-2017

11-2018

11-2019

11-2020

11-2017

11-2018

11-2019

11-2020

Pending Sales

Closed Sales

Days on Market

Median Sales Price

Avg. Sales Price

Pct. of Orig. Price Received

Affordability Index

Homes for Sale

Months Supply

11-2019

11-2020

Percent Change

YTD 2019 YTD 2020

441

352

- 20.2%

7,127

6,532

- 8.3%

413

450

+ 9.0%

5,906

6,301

+ 6.7%

515

525

+ 1.9%

5,767

6,066

+ 5.2%

52

42

- 19.2%

55

53

- 3.6%

$195,000

$225,000

+ 15.4%

$203,000

$222,700

+ 9.7%

$217,456

$253,065

+ 16.4%

$226,965

$247,446

+ 9.0%

95.6%

97.6%

+ 2.1%

96.9%

97.8%

+ 0.9%

206

197

- 4.4%

198

199

+ 0.5%

1,438

723

- 49.7%

--

--

--

2.8

1.3

- 53.6%

--

--

--

Percent Change

Current as of December 4, 2020. All data from Southeast Minnesota REALTORS® and NorthstarMLS®. Provided by the Minnesota Association of REALTORS®. Report © 2020 ShowingTime. | 2

26 | DECEMBER - JANUARY 2020

Members Save Millions Put Your NAHB Membership to Work Now. Money-saving discounts that benefit you, your business and your family

nahb.org/Savings

27 | FOUNDATIONS NEWSLTR

28 | DECEMBER - JANUARY 2020

PROFILE ENHANCEMENTS STANDARD

• Company name, address and phone number • Website, address map, and phone button • 5 categories

UPGRADED

ENHANCED

PREMIUM

(includes Standard Listing)

(includes Upgraded Listing)

(includes Enhanced Listing)

• 12 categories • Company Description (200 characters) • Keywords (240 characters)

• Company Description (1600 characters)

• Logo on search results • Social networks can be added

• Keywords (unlimited characters)

• Hours of Operation

• 200 characters on search results

• Driving Directions

• Bulleted list

• Photo Gallery can be added • YouTube video can be added

• Logo on profile page

No additional Charge

$100 annually

$300 annually

$500 annually

BANNER ADS Construction Professionals Building Your Community

Choose from the following options for placement: • All Categories cost $599/year • Directory Search (plus results) cost $499/year • All Events on Member Information Center

cost $399/year

• Specific Category & Quick Link (plus letter)

cost $399/year

• Quick Link Only & Business Directory Map

cost $299/year

• Hot Deals, Job Postings, Marketspace, Weather

cost $299/year

Advertisers get higher placement in all assigned Directory categories.

Ads may be changed out periodically.

CONTACT: Audra Bolduan Audra@RochesterAreaBuilders.com

WEBSITE BROCHURE