Builders Overview Q3 2022 by Spokane Home Builders Association

Qtr. 3 | 2022

BUILDERS OVERVIEW

WHAT’S INSIDE — SHBA Leader Nominations — Legislative Updates — Fall Festival of Homes

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BUILDERS OVERVIEW - Spokane Home Builders Association

TABLE OF CONTENTS 05 06 07 09 10 GET INVOLVED

Corey Condron Condron Homes, LLC

MAKING GAINS & ADDRESSING NEEDS Joel White Executive Officer

NOMINATIONS OPEN Joel White Executive Officer

FALL FESTIVAL OF HOMES

SMART HOME TECHNOLOGY

TRACKING CONSTRUCTION SECTOR INPUT INFLATION

Nichole Kerns River Marketing, LLC

Tom Bloom 1ng Consulting

Grant Forsyth Avista

HISTORIC WIN FOR HOUSING

Jennifer Thomas Gov’t Affairs Director

FIGHTING FOR THE AMERICAN DREAM

Rebecca Routh Membership Director

Cover photo courtesy of

BUILDERS OVERVIEW - Spokane Home Builders Association

2022 BOARD OF DIRECTORS PRESIDENT Corey Condron Condron Homes. LLC (509) 325-4865

1ST VICE PRESIDENT Sharla Jones Greenstone (509) 458-5860 x160

2ND VICE PRESIDENT Jessie Zundel Parr Lumber (509) 416-0739

SECRETARY Fred Anderson Compass Construction, Inc. (509) 532-0055

TREASURER Brad Stevens Washington Trust Bank (509) 358-3724

PAST PRESIDENT Scott Milionis Milionis Custom Homes (509) 998-0299

BUILDER DIRECTOR Ben McGerty Hayden Enterprises, Inc. (509) 435-2761

BUILDER DIRECTOR Nick Barnes Construction Services (509) 777-0008

ASSOCIATE DIRECTOR Tim Borg Builders FirstSource (509) 924-2420

ASSOCIATE DIRECTOR Nick Gilliland Blasingame Insurance (509) 414-0006

NATIONAL DELEGATE Nick Scheel, CGR Untamed Construction (509) 822-6732

SHBA-PAC DIRECTOR Isaiah Paine Republic Services (509) 992-6684

GOVERNMENT AFFAIRS COMMITTEE DIRECTOR Jim Warner Permanent Post Systems (509) 414-0006

WORKFORCE DEVELOPMENT COMMITTEE DIRECTOR Deacon Band Band Construction, Inc. (509) 216-5384

MEMBERSHIP COMMITTEE DIRECTOR Nick Gilliland Blasingame Insurance (509) 414-0006

COMMUNICATIONS COMMITTEE DIRECTOR Jim Reincke ActionCOACH Northwest (509) 990-9464

EVENTS COMMITTEE DIRECTOR Abbey Parsons Coldwell Banker Tomlinson (509) 921-7400

SHBA NEXT COUNCIL DIRECTOR Jake Turner Arrow Concrete & Asphalt Specialties (509) 720-3896

REMODELERS COUNCIL DIRECTOR Tyrell Monette Huntwood Custom Cabinets (208) 457-2170

GRANT COUNTY CHAPTER PRESIDENT Dustin Swartz J&M Electric, Inc. (509) 765-8614

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BUILDERS OVERVIEW - Spokane Home Builders Association

ANNUAL SPONSORS S

YOUR SHBA STAFF

Joel White Executive Officer jwhite@shba.com

Jennifer Thomas Gov’t Affairs Director jthomas@shba.com

Rebecca Routh Membership Director rrouth@shba.com

Beth Hanson Office Manager bhanson@shba.com

Jessie Madison Marketing & Events Coordinator jmadison@shba.com

Ryan Smith Gov’t Affairs Coordinator rsmith@shba.com

Kelsey Quick Membership Coordinator kquick@shba.com

Elle Taylor Administrative Assistant frontdesk@shba.com

BUILDERS OVERVIEW - Spokane Home Builders Association

GET INVOLVED

The summer heat has been turned on which means the premier 2022 SHBA Fall Festival of Homes event is right around the corner! This premier event - which is always so well attended gives builders and vendors the opportunity to showcase their products to the public. The benefits are large and the costs are small so don’t miss out on this year’s show. Condron Homes has been involved in every show since the inception of the ‘scattered site’ model that replaced the onesite Home Show back in 2005. There is no better avenue to sell homes than being involved with the Fall Festival of Homes. I attribute multiple sales to the Festival every year. My staff and I are present in the show home each year, giving us direct contact with future clients. No other event gives this direct sales opportunity. Everyone knows the old saying about marketing budgets; ‘Half of my marketing dollars are working I just don’t know which half’. I can attest that the marketing dollars invested into the Festival will be the part of your marketing budget hard at work. Whether you participate as a show sponsor (a big thank you to our sponsors!), an advertiser in the show Guidebook, or by entering a home into the show, the dollars spent will equate to future returns. Returns on investing into the show are not limited to our builders. Vendors benefit greatly with their participation. Much of the public that come to the show are folks looking for ideas or new products to remodel their existing home or considering

an addition. It is a great opportunity for our loyal vendors to showcase their products and services. Countless sales and leads have been and will be created with vendor participation. Beyond sales, it gives our vendor members the opportunity to create new builder relationships and strengthen existing ones with the support they are able to provide. Who else benefits from the Fall Festival of Homes show? The SHBA of course! With the large public attendance at the shows, the SHBA is able to perform its best public relations campaign of the year. As with all events, we are doing our business with the purpose to uphold our mission statement: ‘A member driven organization that promotes, protects and educates in order to create attainable housing options for our community’. The Festival enhances our directives within our mission with promoting and educating the public and we could not do it without your support. If you are already part of the Fall Festival Homes, thank you and congratulations! If you have not committed to being a part of the FFH, it’s not too late! Get involved for the good of your company and for the good of the SHBA. Contact Jessie Madison at jmadison@ shba.com for information on how you can be involved with this year’s Festival. Don’t let this opportunity pass you by!

COREY CONDRON 2022 SHBA President Owner, Condron Homes, LLC

BUILDERS OVERVIEW - Spokane Home Builders Association

MAKING GAINS & ADDRESSING NEEDS

The first half of the year is over and I am extremely proud of all the great work the Association has done to support our members and the local building industry. We have made great progress on our key initiatives to build our future workforce and advocate for our local governments to engage our members and provide new solutions to address the housing crisis. While maintaining focus on these efforts, the Association is also working to bring our members value through additional events and actions slated throughout the remainder of the year. Many of these will be featured in this edition, but I wanted to bring your attention to two areas. We will be directing a great deal of resources towards this fall’s elections to elect our slate of endorsed candidates for County Commissioner and the State Legislature. This is an extremely important year as all five County Commissioner seats will be up for election. There is realistic hope that a business-friendly majority could win back the state House or Senate and stop some of the irresponsible actions of Governor Inslee and his minions. It is essential that we win these races as failure will result in non-builder friendly leaders creating more regulations, taxation, and land use restrictions that make our members’ ability to provide attainable housing unattainable. At the county level, expansion of the Urban Growth Boundary will be decided by those elected. At the state level, there will be an increasing push for climate change focused regulation and business taxation without push back. Our Government Affairs team will be providing all of our members with education on the races and ways you can help elect SHBA endorsed candidates. I strongly encourage you to get involved as our member’s support will be the key to victory. We are aware that our members are extremely busy but with the softening real estate market, there is a need to provide opportunities to network and showcase their products and services so when tougher times arrive, our members will be top of mind. Our largest outward event of the year is our Fall Festival of Homes that is sponsored this year by Fred’s Appliance. The Festival will be held the weekends of September 23 – 25 and September 30 – October 2. The shortage of homes on the market will Builder’s Hardware Specialists Since 1945 limit the number of entries but our event committee is working on exciting new ways to showcase the amazing work of our FEATURING THE LATEST TRENDS IN: ◆ Cabinet Knobs & Pulls ◆ Sliding Door Track Systems members to engage future homebuyers. I am also excited to invite you to attend the new SHBA Next event: Costumes, Cocktails, & Cornhole on October 28th. The Council is thriving and with the energy and passion they are bringing to their work I am strongly encouraging you to either engage in their activities or encourage your younger staff members to participate as they will build a strong network and gain leadership skills and knowledge that they can bring back to your business.

◆ Door Hardware ◆ Bathroom Accessories ◆ Cabinet Lighting ◆ Architectural Railings

◆ Closet Organizers ◆ Kitchen Cabinet Organizers ◆ Furniture Components ◆ Commercial Hardware

Thank you for the continued support of the SHBA and the local building industry. I’m very grateful to have the opportunity to represent you.

JOEL WHITE Executive Officer

We’re Here to Help:

No appointment needed, visit our showroom or website today!

hardwarehut.com or give us a call at

+1 (509) 535−1663

2001 E Trent Ave Spokane WA 99202 | spokanehardware.com hardwarehut.com

BUILDERS OVERVIEW - Spokane Home Builders Association

SHBA BYLAWS & NOMINATING COMMITTEE SEEKING FUTURE LEADERS NOMINATIONS OPEN! With the efforts of the SHBA Next Young Professionals Council, I believe the future of the Association is in good hands, but I’m also working with our Bylaws & Nominating Committee to identify members who are willing and able to give their time to lead the Association as a member of the Board of Directors or serve on one of our committees. Now is the time to reach out to myself or a member of the committee if you would like to be considered. The committee will bring forward a list of recommended candidates for the following Board positions at our general member meeting which is held during the Fall Festival of Homes Kickoff event on Thursday, September 22nd.

1-YEAR TERM President

Must be a Builder Member with at least one year of prior Board service

1st Vice-President

Must be a Builder Member with at least one year of prior Board service

2nd Vice-President

Must be an Associate Member

Secretary

Can be a Builder or Associate Member

Treasurer

Can be a Builder or Associate Member

2-YEAR TERM Builder Director

Must be a Builder Member

Associate Director

Must be an Associate Member

If you are interested in getting involved and setting the direction of the SHBA while gaining industry knowledge, leadership skills, and building strong relationship with industry leaders, now is the time to reach out. We do need our member’s involvement to keep this Association strong. I encourage you to give us a call, attend an event, or join a committee as that first step is essential to getting involved. I think one of our nation’s strongest leaders said it best…

130 years of being here for you When we opened our doors more than 130 years ago, we set out to always do the right thing for our clients and local communities. That means no matter what the world throws at us or how long it lasts, we’re here to help you stay focused on your goals and come out stronger on the other side. If you’re in the building & construction trades, get to know all our experts who specialize in your industry.

Let’s create tomorrow, together.

JOEL WHITE Executive Officer Summer Wiyrick CRE Relationship Manager 509-227-5485

bannerbank.com

Marcy Bennett NMLS# 507122 Residential Loan Officer 509-227-5461 Member FDIC

BUILDERS OVERVIEW - Spokane Home Builders Association

Save the Date! Workforce Development Summit Thursday & Friday, October 20th & 21st Break-out sessions run all day Thursday and Friday, with a “Let’s Talk Housing” Reception Thursday evening. Contact Beth Hanson for more info at bhanson@shba.com or (509) 532-4990. ADDRESSING HOUSING & HOMELESSNESS THROUGH COMMUNITY PARTNERSHIPS KEEPING FAMILIES & NEIGHBORHOODS SAFE SUPPORTING WORKERS AND SMALL BUSINESSES TO BOOST OUR LOCAL ECONOMY

BUSINESS EXPERIENCE MATTERS

“I humbly ask for your vote.”

DISTRICT 1 • (R) Kim has 32 years of experience as a community service provider, employer, and business woman. Her motto, “It’s About Service” has been the key to her business’ success and is how she will approach Spokane County government.

Proudly Endorsed by

Paid for by the Committee to Elect Kim Plese, County Commissioner, District 1• (R) PO Box 9685, Spokane WA 99209 (509) 953-2355

BUILDERS OVERVIEW - Spokane Home Builders Association

HISTORIC WIN FOR HOUSING

Building within the City of Spokane may once again be doableat least that is what we are hoping for! On July 18th the Spokane City Council adopted, in a 7-0 vote, a pilot program to allow for zoning changes within city limits. Coupled with a vote at the end of June, the City has finally started to agree to adopt some long overdue code amendments easing restrictions on Accessory Dwelling Units (ADUs), Short Plat amendments, lot sizes requirements, and a yearlong pilot program that will allow up to a fourplex to be built on any SFR zoned parcel within city limits. These changes come at a time in which Spokane is facing a critical housing crisis and urgent action is necessary. In fact, the Mayor’s Housing Task Force has stated, “the lack of (housing) supply has contributed to the cost of ownership and rent increasing by 50% over the last two years – an unsustainable amount for the more than half of our residents that are living in extreme poverty according to the US Census.” To begin to understand the extent of what these code amendments will mean for potential homebuyers, it is first important to understand why these changes are so crucial. •

Since 2010 Spokane’s population has grown by 56,000 people, or around 14 people a day.

•

In order to keep pace with Spokane’s growing population, approximately 2,900 housing units needed to be built per year but in the past five years about 1,500 single family units have been permitted annually.

•

As of May 2022, the median home price for a new home in Spokane is $436,000 while the median household income for the city is just over $60,000.

Simply put – we have a housing market that is short by almost 30 thousand units as a result of high demand from a rapidly growing population and lack of action to address housing supply. This has created a scenario in which hard working Spokane families cannot afford to live in the community in which they work.

Scan here to stay up to date with the Housing Crisis!

So how do we begin to solve this single-family home shortage that has resulted in a housing crisis? We need to create Missing Middle housing. Missing Middle housing includes Duplexes, Triplexes, Cottage Courts, Townhomes, and Additional Dwelling Units, or ADUs. This type of housing is crucial to a functioning housing market because it provides home ownership options to a broader spectrum of incomes within a community. The key to getting more homes built is by eliminating the barriers that are currently preventing the necessary housing from being constructed. The major problem? Prior zoning did not allow for this type of development. That is what makes the recent zoning changes so impactful to our city. It shows that the City is recognizing the issue, and is undertaking meaningful actions. The changes are not going to increase the city’s housing stock overnight, but it is making way for new, affordable housing types to meet all levels of income. In order to continue to lead the charge in creating more housing, we will be hosting a series of workshops to help property owners and developers navigate the ins & outs of the new code changes. Be sure to watch our website for opportunities to be a part of the solution or to stay up to date on the latest housing crisis data.

JENNIFER THOMAS Government Affairs Director SHBA

BUILDERS OVERVIEW - Spokane Home Builders Association

FIGHTING FOR THE AMERICAN DREAM

The Spokane Home Builders Association will be celebrating its 75th year of serving builders, subcontractors, suppliers, homeowners, and all the other shoulders bearing the weight in-between. The impact of housing is undeniable and our members work to help bring stability to homeowners as well as self-determination and pride put into maintaining the house. For many people, owning a home represents the independence and freedom of reaching adulthood, and yet 81% of Spokane families cannot afford to buy a new home. In fact, the medium priced home costs soared from $250k to $450k over the last 2 years.

When I was a little girl playing with dolls in my grandparents living room, I couldn’t wait to have the American Dream: A big beautiful house, two children, and two cars with a stable income. I was obviously going to be a rich movie star, but back then you didn’t need to be rich or a movie star to achieve the American Dream. As I am now parenting to my own growing children, that dream is part of the past. It does not fit into today’s world. As our society continues to grow and change, we need to stand strong and fight for the evolution and protection of this dream! What’s happened to the American Dream? According to Forbes, despite a majority of Americans aspiring to homeownership, they face several common hurdles. One of the most crippling hurdles is the level of student loan debt (Yun, 2016). Schools

often push students to receive a traditional four-year education rather than going into the trades industry, resulting in a large amount of student debt. In 2020, the SHBA enlisted the help of local schools, builders, and parents in an effort to offer the next generation a hands-on trades experience through our Workforce Development Camp.The SHBA is passionate about working with people who are supporting the push for the trades industry because it is a big lift. Our hope is that these students will see that there are other options outside of fouryear universities. As the body of members become more involved in networking, our workforce development efforts, or including your voice in our advocacy efforts, we become so much greater. It takes YOU! You can spend a lifetime waiting for the “right moment” to get involved, but after a lifetime of waiting you’ll look back and realize that there was never a perfect moment. So get involved NOW! We need your time, talent, and/or treasure to build a more resilient Spokane and make the dream of homeownership a reality! Please reach out to me if you would like to know more about ways you can get involved.

REBECCA ROUTH Membership Director SHBA

Yun, L. (2016, April 12). Why homeownership matters. Forbes. https://www.forbes.com/sites/lawrenceyun/2016/08/12/ why-homeownership-matters/?sh=5691929a480f

Building Excellence Awards The Spokane Home Builders Association would like to recognize the examples of building excellence in our community through the Building Excellence Awards, an event we expect to occur annually following this year. Submit your remodeling projects completed after January 1, 2021 for consideration. Entry Deadline: September 30th, 2022

BEFORE

Thursday, November 3rd, 2022 Beacon Hill Catering & Events

5:30pm | Social Hour 6:30pm | Desserts & Awards

The Remodelers Council is a fellowship of remodelers and associates who share their acquired industry knowledge and business practices. Members of the Council promote the general welfare of their membership and sustain participation in the Spokane Home Builders Association through mentorship, education, and service.

What are the benefits of joining? • Discounted registration on Remodelers Council events • Education events • Advisory roundtables • Networking opportunities • Gain credibility by using the Remodelers Logo

AFTER

Building Excellence Awards Night

UPCOMING MEETINGS August 30th | Parr Lumber September 27th | Sherwin Williams October 25th | Huntwood Custom Cabinets Visit shba.com/events for more info!

OUR MEMBERS BAND CONSTRUCTION, INC. • BROTHERS FLOORING, LLC BUILDERS FIRSTSOURCE • DE/MAR COMPANY • DUNCAN BEAN ARCHITECT EVERHART PAINTING LIMITED • EXCHANGE PUBLISHING, LLC FERGUSON ENTERPRISES • FLOFORM COUNTERTOPS • FRED’S APPLIANCE, INC. GOLD SEAL MECHANICAL, INC. • GREYSMAN CONSTRUCTION, LLC HEINEMANN CONSTRUCTION, LLC • HUNTWOOD CUSTOM CABINETS KELLEY CONSTRUCTION, LLC • KIMBERLEE KRISTINE • M&L SUPPLY CO., INC. PARR LUMBER • RIVER CITY GLASS, INC. • RIVER CITY SOLID SURFACE RODDA PAINT CO. • SHERWIN-WILLIAMS CO. SPOKANE CARPET ONE - THE SHOWROOM • STROHMAIER CONSTRUCTION SUNVEK • THE KITCHEN PLACE • UNTAMED CONSTRUCTION, LLC VALLEY GLASS - SPOKANE • VELUX AMERICA, LLC WRIGHT BROTHERS SUNROOMS, LLC

BUILDERS OVERVIEW - Spokane Home Builders Association

DIGITAL MARKETING AGENCY @barhammarketing

mitch barham ceo | owner c: 509.868.6866 barhammarketing.com

THE ULTIMATE SHOWCASE OF INDUSTRY COLLABORATION

It’s an understatement to say that the home building and real estate markets have been volatile these last two years. From supply chain disruptions, to skyrocketing materials costs and worker shortages, from interest rate fluctuations, to a recent cooling of the market…it’s been wild to watch it unfold and I can imagine those of you who are in the trenches are frazzled at best. But the Fall Festival of Homes is a bright spot on the horizon for Spokane Home Builders Association members and the public alike! This is our chance to showcase the very best of our industry while the public tours beautiful homes in various price ranges located across our community. There’s something for everyone at the Fall Festival of Homes. The public is the first audience that comes to mind, but even if you’re not in the market to purchase a home, you’re going to find something valuable at the Festival. Looking to build in the near future (or even a few years down the road)? Tour Fall Festival homes. Want to explore neighborhoods you’ve never seen? Tour Fall Festival homes. Need inspiration for a home remodel? Tour Fall Festival homes. But what about from a member perspective? Want to meet some of the most active builders in the area? Tour Fall Festival homes. Need to make some connections with local REALTORS®?…I think you get the idea! This year, the Festival will be held over two long weekends, September 23-25 and September 30-October 2, 10:00 am-5:00 pm each day, and will feature 14 homes from 10 builders. With inventory still lean, we’re excited to give the public the chance to tour these beautiful homes and meet SHBA member builders and subcontractors. My favorite thing about the Festival is that it’s the culmination of so much work from potentially hundreds of people for every single home. So many people are involved in building just ONE home from the ground up, when you think about it. It’s truly a team effort between builders, subcontractors, service providers, and promoters. Nothing happens in a vacuum and everyone’s work affects everyone else’s. Most of the time, workers are side by side on the jobsite. It’s a delicate balance and, honestly, those of you who work every day to provide the American dream of homeownership are truly making our community better. There are so many to mention, but let’s start where homes start – with builders, developers, architects,

BUILDERS OVERVIEW - Spokane Home Builders Association engineers and designers – and add in those trades who execute the plans like excavators, concrete workers, plumbers, roofers, framers, electricians, HVAC techs, drywallers, masons, painters, cabinet, tile and hard surface installers, landscapers, and finally the REALTORS® and stagers who ultimately work to sell the homes. Maybe even throw in a pool or water feature if you’re lucky. Then there are the people who may never even set foot in the home they’re helping to come to fruition – manufacturers, suppliers, lenders, title services, and insurance agents, I’m looking at you! (And I know I’ve left out people, so I apologize in advance!) The point is, the Fall Festival of Homes is the ultimate showcase of what our industry does best: collaborate to provide safe, beautiful homes for our community. There are still a few chances to get involved with the Festival. The first is by simply touring homes the weekends of September 23-25 and September 30-October 2. Next, make sure to register for the Kick-Off Night (where we celebrate and recognize the builders and others who made the Festival possible), and Ladies’ Night Out (a fun bus tour of select homes with appetizers, beverages, and boutique décor and clothing for sale). Register for the Kick-Off and Ladies’ Night Out at SHBA.com/events. Finally, you can sponsor an aspect of the event, whether that’s the Festival itself, or one of the related events like Ladies’ Night Out or the Kick-Off Night. Contact SHBA Marketing, Events, & Communications Coordinator Jessie Madison at jmadison@ shba.com or 509-532-4990 for a full list of sponsorships.

NICHOLE KERNS Fall Festival of Homes Committee Chair Owner, River Marketing, LLC

THANK YOU TO OUR SPONSORS:

“Builders Hardware Specialists Since 1945”

Above photos courtesy of

BUILDERS OVERVIEW - Spokane Home Builders Association

SMART HOME TECHNOLOGY: THE NEXT GRANITE COUNTERTOP

A decade ago, the buzz among homeowners was granite countertops. Today, it’s smart home technology. One press of a button or a spoken voice command can now dim the lights, set the temperature, lock the doors, and arm the security system. The convenience, comfort, and peace of mind that smart home technology provides have brought it to the forefront of every homeowner’s mind. In fact, in a recent survey conducted by Safe Smart Living, 81% of consumers say they are more likely to purchase a new home with smart technology than one without. In addition, it is estimated over half of the homes in the United States will have adopted smart devices by 2023. Here are the key elements of a smart home: • A mobile app or apps • A smart home hub or controller • A professionally installed network (preferably wired and wireless) • A reliable Internet Service Provider (ISP) and Internet connection • Some type of remote access • Smart devices such as: o Smart Lighting o Smart Comfort (HVAC) o Smart Audio o Smart Video o Smart Shades o Smart Surveillance and Home Security o Smart Remotes

A builder or contractor can choose to purchase and install any of these elements from a wide range of smart device manufacturers or work in partnership with a smart home technology integrator. With the hundreds of devices and device manufacturers available today, it is quickly becoming critical to understand the compatibility issues that can occur when deploying devices from more than one manufacturer. In most cases, the homeowner will want to limit their usage of mobile apps to less than three and preferably only one. When a homeowner is looking to either add smart home technology to their existing home or purchase a new home with smart home technology built in, the most important decisionmaking factor is personalization. As their builder or contractor, you will need to have a clear understanding of homeowner needs and desires. Do they like to entertain guests? Do they have children who need to be protected from objectionable video and audio content? Do they travel extensively and want to keep an eye on their home while they are away? Maybe it’s all these things. Whatever they want, it must be customized to them. And it must be reliable and simple to operate. For many in the building industry, learning new technology can often cause anxiety. However, it’s becoming increasingly important in this age of rapid innovation to learn more about smart home technology. As you explore the industry, be aware not all smart technology is perfect. There are hundreds of smart devices to choose from, and not all devices are secure or reliable. Whenever possible vet the device manufacturer and choose equipment with a solid track record and positive reviews. The last thing you want is another headache or safety issue. Don’t be afraid to ask for help. There are numerous smart technology integrators available throughout our area. The most important thing to remember is that like granite countertops, smart home technology is another way to add value to your projects and ultimately increase your bottom line and client satisfaction.

TOM BLOOM Smart Home Technology Integrator 1ng Consulting

BUILDERS OVERVIEW - Spokane Home Builders Association

MEMBER SPOTLIGHT As a member-driven organization, the Spokane Home Builders Association needs dedicated members involved in our many different councils and committees. Fortunately for us, we are blessed to have members like Melissa Owens with Mutual of Omaha, Scott Zellers with Capital Benefit Services, and Sandra Teal with ServiceMaster by Compass. These three members have added value to their membership by joining the Membership Committee. They volunteer their time and talents to connect with our members and encourage them to get involved as well. This year, all three of these AMAZING members dedicated their time to help recruit members during our Spring Membership Drive. For showing up to all three call days of the membership drive, we wanted to recognize Melissa, Scott, and Sandra for their passion and committment to the Association. THANK YOU!

Increase Your Bottom Line… With the Addition of Technology. • • • • • • • •

Audio Video Lighting HVAC Security Shades Smart Home Automation Remote Monitoring

Your Technology Partner

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Call (509) 213-0770 Today

7/25/22 2:01 PM

BUILDERS OVERVIEW - Spokane Home Builders Association

TRACKING CONSTRUCTION SECTOR INPUT INFLATION

Since inflation accelerated in 2021, the bulk of news coverage has been on the Bureau of Labor Statistics’ (BLS) headline Consumer Price Index (CPI). The CPI measures the prices paid by urban households in the U.S. However, producer input inflation has received much less coverage. The inflation dynamics of business-to-household transactions can be quite different from business-to-business transactions. Fortunately, the BLS provides business-to-business inflation measures flowing from its Producer Price Index (PPI) program. The PPIs presented here track domestically produced inputs sold to producers involved in construction. In other words, the indexes capture changes to domestically produced input prices facing builders.

The two main categories of construction inputs are “Materials for Construction” and “Components for Construction.” The BLS states, “Materials for Construction includes partially finished products that will undergo further preparation

into a construction product….Examples include lumber, concrete pipe, and architectural coatings. Components for Construction includes completely finished products that will undergo installation into a construction product….Examples include metal doors and water heaters.”1 Figure 1 compares PPI construction input and CPI inflation since the 1970s.2 Examining Figure 1, three observations standout. First, since the 1970s construction input inflation has been volatile. Second, the current spell of input inflation is higher than the 1970s. Third, input inflation preceded the run-up in headline CPI inflation. The first observation highlights that builders, compared to households, are more directly exposed to price swings in input commodities like lumber. The second and third observations highlight that the COVID disruptions created historic input inflation, which started to materialize before household inflation.3

Source: BLS. See footnote 2 for details. For a detailed description of the PPI indexes see, https://www.bls.gov/ppi/fd-id/ppi-final-demand-intermediate-demand-by-commodity-type-aggregation-structureand-definitions.htm. 2 Data for Figure 1 can be found at the FRED database maintained by the Federal Reserve Bank of St. Louis. CPI series: U.S. Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers: All Items in U.S. City Average [CPIAUCSL], https://fred.stlouisfed.org/series/CPIAUCSL. PPI series: U.S. Bureau of Labor Statistics, Producer Price Index by Commodity: Intermediate Demand by Commodity Type: Materials and Components for Construction [WPSID612], https://fred.stlouisfed. org/series/WPSID612. 3 The CPI includes the prices of imported goods, whereas the PPI does not. This could be impacting the timing of inflation between households and producers. However, the BLS is working on an experimental index series that includes the prices of imported inputs. The series can be found at, https://www.bls.gov/ppi/inputindexes/. The experimental series shows that imported input prices for new construction also surged over the same period as domestically produced inputs. 1

BUILDERS OVERVIEW - Spokane Home Builders Association The second and third observations partially explain why home prices surged at the pandemic’s start. As input prices rose with supply-chain disruptions and demand pressures, to keep margins from collapsing, builders had to increase prices, thereby increasing the final price of residential and commercial structures. Given surging single-family home prices, policy makers may mistakenly assume that all builders are growing margin at the expense of homebuyers when, in fact, builders in some markets may be struggling to maintain

margins. Recently, the BLS created index breakouts for Materials for Construction and Components for Construction. These are shown in Figure 2 and tell a useful narrative for the most recent inflation cycle.4 First, PPI inflation for materials surged before components. In hindsight, the materials surge was an early warning signal of future inflation transmission to households. Second, although it’s too early to be certain, yearover-year materials inflation appears to peak in June 2021 and in February 2022 for components.

Source: BLS. See footnote 4 for details.

The Federal Reserve has started a rapid increase in interest rates to slow U.S. inflation. However, even if inflation has peaked, given the documented long lag between changes in monetary policy and changes in inflation, above average inflation will likely continue as an issue the rest of this year and 2023. The Federal Reserve can reduce demand-induced inflation with rate increases, but the same rate increases cannot fix the supply-chain disruptions plaguing supply chains.

GRANT FORSYTH, Ph.D. Chief Economist Avista Corp.

Data for Figure 2 can be found at the FRED database maintained by the Federal Reserve Bank of St. Louis. CPI series: U.S. Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers: All Items in U.S. City Average [CPIAUCSL], https://fred.stlouisfed.org/series/CPIAUCSL. PPI materials data: U.S. Bureau of Labor Statistics, Producer Price Index by Commodity: Intermediate Demand by Commodity Type: Materials for Construction [WPSID6121], https://fred.stlouisfed.org/series/ WPSID6121. PPI components series: U.S. Bureau of Labor Statistics, Producer Price Index by Commodity: Intermediate Demand by Commodity Type: Components for Construction [WPSID6122], https://fred.stlouisfed.org/series/WPSID6122. 4

2022 19

BUILDERS OVERVIEW - Spokane Home Builders Association

fun! e h t n o iss out m t ’ n o D E! M N A C S

JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER

BUILDERS OVERVIEW - Spokane Home Builders Association

EVENTS CALENDAR JAN 27

Launch Party & Awards Banquet

MAR 11-13

Spokane Home & Garden Show

MAR 15

SHBA Next Kick-off Night

APR 28

Bull & Crab Feast: A Workforce Development Fundraiser

MAY 5

SHBA Next Drinks & Divots

MAY 21-22

Frame Your Future Workforce Development Camp

JUN 23

28th Annual Golf Tournament

JUN 24

Membership BBQ & ROII Check Distribution

AUG 5

SHBA Next Coeur d’Alene Lake Cruise

SEP 22

Fall Festival of Homes Kick-off Night

SEP 23-25

Fall Festival of Homes | Week One

SEP 30-OCT 2 Fall Festival of Homes | Week Two OCT 13

Remodelers Council Skeet Shoot

OCT 20

Let’s Talk Housing: A Legislative Reception

OCT 28

SHBA Next October Bash

DEC 2

Member Appreciation Christmas Party

DATES SUBJECT TO CHANGE. CONFIRMED DETAILS LISTED ON SHBA.COM/EVENTS. For the entire calendar of events, including the the Fall Festival of Homes schedule and monthly networking events, visit SHBA.com

SHBA MASTERCLASSES PRESENTED BY:

The Spokane Home Builders Association has partnered with ActionCOACH Northwest to bring you monthly classes focused on professional and personal development. These member-only classes are tailored toward business owners and management, but all are welcome! From improving mindset to building a sellable business, ActionCOACH Northwest is providing many different ways to work ON your business and not just IN it. Join us on the first Friday of every month at 11:30am for a bit a networking before class starts at 12:00pm. And don’t worry, we’ll feed you! We look forward to seeing you there!

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BUILDERS OVERVIEW - Spokane Home Builders Association

NEW MEMBERS March 26, 2022 - June 25, 2022

1NG CONSULTING

JVP LANDSCAPING

RENDALL REMODELING, LLC

Tom Bloom Spike: Nick Gilliland

T.J. Farmer Spike: Scott Zellers

Trevor Rendall Spike: Katie Getman

BACKYARD MEDIA

LMK FLOORS

Luke Heckly Spike: Sandra Teal

Morgan Kerman Spike: Keith Wilder

ROAD RUNNER dba HARDTSCAPE CONTRACTING

BIG BLUE HOMES

MIRAMAC METALS, INC.

Eli Glushchenko Spike: Nick Scheel

Justin Pfalzgraff Spike: Jim Warner

BRIGHT INSPIRED FUTURES

MOUNTAIN VIEW CONCRETE, LLC

Jason Falk Spike: Melissa Owens

Kelsy Turner Spike: Abbey Parsons

CABINET PRO, INC.

PACKARD WHEELER SUCCESSION

Rick Oxford Spike: Dave Covillo

Bret Wheeler Spike: Sandra Teal

CALIBER HOME LOANS

PACKARD WHEELER SUCCESSION

Jamie Larrigan Spike: Sandra Teal

Cody Lewis Spike: Bret Wheeler

COLDWELL BANKER TOMLINSON

PACKARD WHEELER SUCCESSION

Abbey Parsons Spike: Julie Dean

Victoria Wheeler Spike: Bret Wheeler

COLE’S PLUMBING

PACWEST SOLAR

Donavan O’Neal Spike: Nick Gilliland

Daniel Rihani Spike: Nick Gilliland

COMBINED INSURANCE

PENCE PROPERTIES

Luann Davis Spike: Nick Gilliland

Marie Pence Spike: Nick Gilliland

DIRT WORX NW

PLATINUM MECHANICAL

Mitchell Snyder Spike: Sandra Teal

Chandler Widman Spike: Nick Gilliland

HOMERIVER GROUP

PORT OF KENNEWICK

Tara Ostlind Spike: Nick Gilliland

Amber Hanchette Spike: Corey Condron

JAN-PRO NORTHWEST

Q HOME LOANS

Charles Niemi Spike: Sharla Jones

Jacob Miller Spike: Theresa Helgersen

Keenan Reinhardt Spike: Corey Condron

SERVPRO OF SPOKANE Scott Gilliand Spike: Jess Hockett

SMILEY’S CONSTRUCTION Phill LanJiness Spike: Lonnie Edwards

SPECIALTY ENVIRONMENTAL Adam Skelton Spike: Ray Skelton

SPECIALTY ENVIRONMENTAL Jacob Skelton Spike: Ray Skelton

SPRAYFOAM INSULATORS Ray Skelton Spike: Corey Condron

USA INSULATION Kirsten Delaney Spike: Daryl Delaney

VALLEY CONSTRUCTION & REPAIR, LLC Adam Skelton Spike: Ray Skelton

WAYNE DALTON Tom Hagert Spike: Corey Condron

WINDERMERE Caylin Novell Spike: Pam Novell

IF PAYMENT IS RECEIVED AFTER CUT-OFF DATE, BUSINESS NAME WILL APPEAR IN NEXT ISSUE.

BUILDERS OVERVIEW - Spokane Home Builders Association

RENEWED MEMBERS

Resi

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March 26, 2022 - June 25, 2022

HOMESTEAD CONSTRUCTION

35-40 YEARS

CONDRON HOMES, LLC GENE GEORGE CONSTRUCTION, LLC GORDON FINCH HOMES, INC.

STURM HEATING & AIR CONDITIONING THE PALLET PLACE, INC. WINDERMERE NORTH SPOKANE, LLC

10-14 YEARS

ADVANCED FIREPROOFING & INSULATION ANDREWS MECHANICAL, INC. INLAND ROOFING & SUPPLY, INC. LENGCO CONSTRUCTION, INC. MOTLEY-MOTLEY, INC. RAINMAN SEAMLESS RAIN GUTTERS SPECIALTY HOME PRODUCTS SPOKANE PROCARE, INC. WILBERT PRECAST, INC. WM CONSTRUCTION, INC. ZIGGY’S HOME IMPROVEMENT

BRUCE PRESTON CONSTRUCTION CENTRAL WASHINGTON EXCAVATING, INC. CENTURY 21 BEUTLER & ASSOCIATES ERIC MADSEN HOMES, LLC FMI EQUIPMENT FOGLE PUMP & SUPPLY, INC. GAIL GILLERAN, LIMITED PRACTICE OFFICER HERITAGE ROOFING & CONSTRUCTION IBP LEWIS CONSTRUCTION & DEVELOPMENT, INC. MARLIN WINDOWS MILIONIS CUSTOM HOMES MILLER PAINT CO. MORSE WESTERN HOMES, LLC NORTHWEST WINDOW & DOOR PARSONS CONSTRUCTION, INC. WINDSOR PLYWOOD NORTH/BAT BLDG ZANDTCO IRRIGATION & LANDSCAPE, LLC

20-24 YEARS

5-9 YEARS

30-34 YEARS

BIRCHCREST HOMES, INC. VELUX AMERICA, LLC

25-29 YEARS

AAA SWEEPING CERTIFIED SECURITY & INTEGRATION COLVILLE CONSTRUCTION COMPANY, INC. COOK FORMS COUNTRY HOMES POWER EMPIRE GLASS, INC. EVCO INTEGRATED SOLUTIONS FREDERICK’S GROUP, INC. KODIAK ROOFING COMPANY, INC. LILAC CITY SPRINKLERS & LANDSCAPING, INC. MANDERE CONSTRUCTION, INC. RIVER CITY GLASS, INC. THE KITCHEN PLACE TOBIN ELECTRIC, INC. VALLEY GLASS - SPOKANE WESTERN REBAR

15-19 YEARS

AGEE ELECTRIC, INC. ALLURE CONSTRUCTION & DESIGN BECKEMEIER CONSTRUCTION BLACK’S PAINTING GEORGEN HOMES, INC. HAYDEN HOMES KAYU FOX 28 TV LAND EXPRESSIONS, LLC MEADOWWOOD PAINTING, INC. MOSES LAKE SHEET METAL, INC. MOUNTAIN WEST BANK PACIFIC NORTHWEST MECHANICAL, INC. PRECISION DOOR & MILLWORK, LLC SIGNS FOR SUCCESS

AAA CABINETS & MILLWORK ACCESS UNLIMITED & SECURITY, INC. AUTO B CLEAN, INC. BENEFIT SERVICES NORTHWEST, LLC BJ ROOFING BOYD PAINTING BRANSEN DRILLING, LLC C&S CONSTRUCTION CAPAUL STONEWORKS, LLC CDA PAVING & CONCRETE SPECIALTIES CIRCLE M CONSTRUCTION & LANDSCAPE SUPPLIES CONSTRUCTION INDUSTRY TRAINING COUNCIL OF WA (CITC) CULLIGAN CUSTOM-BILT METALS DR GLASS WORKS, LLC EDGE PLUMBING, LLC FALCO FIREPLACE & BBQ GAFFNEY ELECTRIC, LLC GOAD BROTHERS DRYWALL, LLC GREENLEAF LANDSCAPING H&H ROOFING HEINEMANN CONSTRUCTION, LLC INDUSTRIAL SUPPORT SERVICES INLAND HOME IMPROVEMENTS, INC. INSULATION NORTHWEST J U CONTRACTING, INC. JB CONSULTING SYSTEMS, LLC JOHN BALL CONSTRUCTION, INC.

L&L CARGILE, INC. MATTHEW GRAUPNER INSURANCE AGENCY, INC. NORTHWEST WINDOW INSTALLATION, LLC PORTER W. YETT COMPANY POUR BOYS CONCRETE NW, INC. PRO BUILDERS PRO CUT CONCRETE CUTTING SPOKANE, INC. PROFESSIONAL INSULATION, LLC RAINBOW ELECTRIC, INC. RIVERSDALE BUILDERS & DISTRIBUTORS, LLC SELKIRK LANDSCAPE SERVICES, INC. SLOAN’S PLUMBING, INC. SPOKANE ROOFING STAN’S CONSTRUCTION & SON, LLC STEELHEAD MECHANICAL STEINCO, INC. STETNER CONSTRUCTION GROUP SYNERGY SALES NW, LLC SYSTECH MECHANICAL, LLC WESSLEN CONSTRUCTION WUESTHOFF EXCAVATION, INC.

2-4 YEARS

AAA CONCRETE, INC. ABSOLUTE CHOICE ELECTRIC ALDERBROOK HOMES - SPOKANE CLOSETS NORTHWEST, INC. DORSH & KAHL CO., INC. ENDURABLE ENERGY EXIT REAL ESTATE PROFESSIONALS FMI EQUIPMENT FOUR CORNER FOUNDATIONS, LLC GREENSTONE INLAND EMPIRE ELECTRICAL CONTRACTORS, LLC INTERNATIONAL WOOD PRODUCTS, LLC JMT BUILDERS, LLC KYLE MARSH CONSTRUCTION, INC. LCD EXPOSITION SERVICES NATIONWIDE CONTRACTORS ALLIANCE, INC. RIPPY HOMES WENDLE MOTORS, INC.

1 YEAR

BATH FITTER COLDWELL BANKER TOMLINSON RANCH & HOME CTC ELECTRICAL CONTRACTING, INC. DWIGHT WEIGLET - INDEPENDENT AGENT HAYDEN HOMES, LLC NUFLOW TRENCHLESS SPOKANE RC MECHANICAL, LLC TIMBER COMMERCIAL CONTRACTORS VALLEY SUPPLY CO. VICTORY MEDIA

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Weekly Edition - For Exclusive Use By - Joel White - jwhite@shba.com - Subscription Type: all - Back Issue Date: 01/01/2002

41 YEARS

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Inland Empire Single Family Builders Year-to-Date 06/29/2022

Inland Empire Building Permit Summary Year-to-Date 06/29/2022 Permits Value Residential

Weekly Edition - For Exclusive Use By - Joel White - jwhite@shba.com - Subscription Type: all - Back Issue Date: 01/01/2002

Single Family Homes Duplexes & Twin Homes Apartments & Condos Cabins Other Residential Structures Swimming Pools & Spas Garages & Carports Res Rmdl, Addn, Int Fin Reroof Residential Total Residential Const

Builder

Units

Commercial

1,420 58 76 1 432 47 203 649 333 3,219

$447,688,483 $29,659,319 $264,650,479 $432,000 $25,680,412 $2,671,586 $13,187,062 $35,726,464 $10,519,084 $830,214,912

1420 116 2331 0 1 0 0 2 1 3,871

Permits

Value

Units

Solar

Permits

Value

Units

Offices/Banks/R&D/Professional Retail/Whsl/Dining/Personal Mixed Use Auto/Truck Sales & Service Parking Structures & Carports Indus-Manuf, Whse-Shops, Hospitals & Other Institutions Private Schools & Day Care Public Buildings & Projects Utilities (gas elect wtr swr) Parks, Recreation, Entertain, Agricultural Buildings & Sheds Other Non-Residential Buildings Comm Structures Other Than Comm Rmdl, Addn, Int Fin Reroof Commercial Total Commercial Const Alternative Residential Energy Total Solar Const

Total Inland Empire Const

10 4 4 1 22 33 8 1 3 2 5 136 68 29 285 47 658

114 114 3,991

$9,325,541 $3,381,071 $7,903,790 $4,200,000 $50,644,797 $49,093,337 $60,296,087 $15,000 $60,182,000 $2,523,816 $1,304,211 $8,266,782 $58,430,994 $6,795,540 $316,251,783 $4,835,395 $643,450,176 $1,389,844 $1,389,844 $1,475,054,720

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 3,871

Inland Empire Building Permit Summary Week 26 - 06/23/22 to 06/29/22 (permits over $5,000) Permits Value Units Residential Single Family Homes Demolition Grading & Dust Footing & Foundation Duplexes & Twin Homes Apartments & Condos Other Residential Structures Swimming Pools & Spas Garages & Carports Res Rmdl, Addn, Int Fin Reroof Residential Total Residential Const

Commercial

Grading & Dust (Commercial) Retail/Whsl/Dining/Personal Mixed Use Hospitals & Other Institutions Private Schools & Day Care Agricultural Buildings & Sheds Other Non-Residential Buildings Comm Structures Other Than Comm Rmdl, Addn, Int Fin Reroof Commercial Total Commercial Const

Solar

Alternative Residential Energy Total Solar Const

Total Inland Empire Const

105 11 1 2 1 6 42 3 14 58 28 271

Permits

4 1 1 2 1 7 4 1 13 3 37

Permits

8 8 316

$41,425,213 105 $500 0 $5,000 0 $0 0 $383,837 2 $79,753,227 984 $2,864,231 0 $125,000 0 $1,054,954 0 $4,933,294 0 $973,878 0 $131,519,136 1,091 Value

$415,000 $750,000 $1,400,000 $3,945,756 $15,000 $412,000 $1,799,754 $20,000 $1,338,500 $174,250 $10,270,260 Value

Units

0 0 0 0 0 0 0 0 0 0 0

Units

$62,157 0 $62,157 0 $141,851,568 1,091

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55

Homes

Lexington Homes 176 Greenstone Corp 99 Hayden Homes LLC 73 Viking Construction 29 Diamond Rock Const 49 Mort Construction Inc 26 AHO Const 42 Rosenberger Const 5 Camden Homes 9 Daum Construction 18 Viking Construction 19 Edwards Smith 2 Atlas Building Group 12 Lennar Northwest Inc 16 Edwards Smith Const 2 Active West Builders 18 Daum Construction 19 Paras Homes 14 Dano Development 4 Architerra Homes 14 Palos Verdes LLC 17 Homestead Const 19 Timbered Ridge 10 Adair Homes Inc 11 Creekside Const 6 Rimrock Homes LLC 1 Clearwater Homes 4 Monarch Custom 2 Hallmark Homes Inc 11 Northwest 2 Brytech Const LLC 10 Georgen Homes 7 Benway Quality 10 Aspen Homes & 3 Atlas Building Group 6 Ryn Built Homes LLC 6 DWHJR Holdings LLC 1 Axiom Homes Inc 3 Aspen Homes & Dev 5 Vedadi Land LLC 2 Hug Const 6 Hiline Homes of 4 Morse Western 5 MB Builders & 1 Dave Largent Homes 7 Vance Mitchell Const 6 Toll Bros Inc 5 Condron Homes 5 Timbered Ridge 5 Eagle Ridge Builders 5 Bella Terra Const & 6 Tekton Construction 1 4 Nails Construction 2 Architerra Homes LLC 6 Selkirk Construction 6

Inland Empire Multi-Family Builders Year-to-Date 06/29/2022 Value

$39,915,952 $30,212,200 $18,846,877 $17,672,621 $11,024,891 $10,840,042 $9,139,164 $6,394,293 $6,076,013 $5,579,161 $5,568,221 $5,100,000 $4,993,877 $4,528,980 $4,500,000 $4,244,000 $3,967,251 $3,965,964 $3,716,000 $3,658,169 $3,567,134 $3,334,745 $3,283,606 $3,275,801 $3,046,500 $3,000,000 $2,865,000 $2,700,000 $2,698,579 $2,500,000 $2,394,612 $2,341,304 $2,284,780 $2,150,000 $2,146,267 $2,005,756 $2,000,000 $1,931,495 $1,900,000 $1,900,000 $1,892,847 $1,886,750 $1,881,314 $1,850,000 $1,843,660 $1,827,000 $1,819,727 $1,784,819 $1,769,583 $1,757,616 $1,640,129 $1,600,000 $1,585,000 $1,545,285 $1,513,900

Inland Empire Garage and Carport Builders Year-to-Date 06/29/2022 Builder

1 2 3 4 5 6 7 8 9 10 11

Lanzce G Douglass McCloskey Const Carports of Viking Construction Aspen Homes & Rudeen Ginno Construction RSB Customs LLC FF Siblings LLC A&A Const & Superior Built

Permits

23 15 13 6 2 4 2 1 2 4 2

Value

$2,635,841 $1,644,044 $967,897 $792,963 $400,000 $367,054 $300,689 $225,000 $200,000 $183,249 $170,336

1 2 3 4 5 6 7 8 9 10

Builder

Copper Basin Daum Construction Mort Construction Greenstone Corp MB Builders & JC Daniel Const Lexington Homes Rosenberger Const Hallmark Homes Inc Hiline Homes of

Permits

3 11 10 7 1 3 6 1 5 2

PO Box 2202, Cedar City, UT 84721

Units

Copper Basin Garco Const Rudeen Petra Inc of Idaho McCloskey Const TW Clark Const Harley C Douglass Camden Homes Yost Gallagher Copper Basin Const

975 298 226 165 126 108 84 24 48 66

Value

$78,000,000 $52,644,250 $27,540,271 $25,378,963 $16,030,902 $13,754,240 $12,373,732 $5,775,000 $5,537,996 $5,200,000

Inland Empire Other Residential Builders Year-to-Date 06/29/2022 Builder

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23

Permits

Gateway Builders Inc Strohmaier Renewal By North Idaho Steel Steel Structures Amenity Const & Edwards Smith Capstone Const Majestic Builders Rosenberger Const R&J Homes MB Builders & Berry Built & Designs Bunker Steel Northwest Structures Deitz Farms LLC Northwest Structures Housewrights Inc Stach Construction Altec Nw LLC Johnson Const Major Const C&S Const

Value

10 2 27 2 19 1 3 6 3 2 1 2 8 11 5 1 6 1 2 1 1 3 7

$2,722,650 $907,885 $907,092 $868,000 $801,889 $797,300 $770,000 $759,056 $575,000 $555,149 $550,000 $538,000 $509,920 $495,491 $453,524 $410,784 $404,450 $400,000 $400,000 $400,000 $385,000 $371,456 $361,435

Inland Empire Commercial Builders Year-to-Date 06/29/2022 Builder

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Eastern Washington Yost Gallagher Lydig Const Walker Const Kootenai Electric Bouten Const Baker Const & Dev The Westwood Kilgore Const Divcon Inc Harlan D Douglass TML Construction Young Construction Halme Const Inc TW Clark Const Beckenhauer Avista Corp R & B Premier TNT Montgomery Edwards Smith

Permits

3 20 5 6 1 9 7 1 1 8 1 4 7 2 5 1 2 1 1 2

Value

$54,040,900 $52,826,250 $52,707,160 $40,892,006 $34,000,000 $25,519,060 $14,967,836 $12,557,587 $11,000,000 $8,976,000 $8,969,799 $7,810,000 $7,515,000 $5,150,000 $4,800,000 $4,600,000 $4,520,000 $4,500,000 $4,315,593 $4,300,000

Inland Empire Owner-Builders Year-to-Date 06/29/2022 Construction Type

1 2 3 4

Inland Empire Residential Builders Week 26 - 06/23/22 to 06/29/22 1 2 3 4 5 6 7 8 9 10

Builder

Single Family Garages & Carports Res Rmdl, Addn, Int Commercial

Permits

190 51 237 64

Value

$50,036,411 $2,365,408 $11,638,543 $5,252,094

Inland Empire Commercial Builders Week 26 - 06/23/22 to 06/29/22 Value

$78,000,000 $3,961,499 $3,251,486 $2,437,355 $1,850,000 $1,753,227 $1,673,074 $1,526,571 $1,522,681 $1,478,400

Builder

1 2 3 4 5 6 7 8 9 10

Permits

Walker Const Young Construction Williamson Johnson Millennium Const CDA Systems Inc Bobo Construction Mort Construction Inc Steel Structures Ginno Const Ramey Construction

1 1 1 1 1 1 4 2 1 1

Value

$3,000,000 $1,400,000 $945,756 $750,000 $645,500 $330,000 $200,000 $130,000 $120,000 $110,000

Tel: 435-586-1205 Toll Free: 800-925-6085

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