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New-home building badly lags demand created as new jobs are added in metro Denver. Shortage becomes chronic as builder-defect laws remain unresolved, labor is short
Metro Denver has constructed 67,403 fewer single-family homes than needed given job gains the past three years, creating one of the most severe new-home deficits in the country, according to a new study from the National Association of Realtors. Historically, one single-family home is needed for every 1.6 new jobs added in an economy. But metro Denver has added only 24,353 homes to house workers taking 145,892 new positions the past three years, a ratio closer to one home for every six jobs, the NAR said. “Denver’s job market is solid and is thereby boosting housing demand. However, due to grossly insufficient new home construction, the inventory of homes for sales has dropped to unhealthy levels,” said Lawrence Yun, chief economist with trade group, which represents the nation’s Realtors.... Read more...


Cheryl Schuette Named 2016 MAME Legend Award Winner

The Legend Award is the SMC's top honor to recognize design, marketing and sales professionals whose participation in the home building industry has contributed significantly to the success of builders through innovation, leadership and performance excellence. Cheryl has made numerous contributions to the home building industry over the years, and most importantly has been an outstanding leader, mentor, innovator and friend who has inspired us all to do more. Please join us at the MAME Awards to celebrate Cheryl and all of her amazing accomplishments.... Read more...


MEMBER MQ ARCHITECTURE & DESIGN NAMED OCTOBER NAHB REMODELER OF THE MONTH

 
Mark Queripel of MQ Architecture & Design in Boulder was named the National Association of Home Builders (NAHB) Remodelers October Remodeler of the Month. MQ Architecture & Design was selected for their leadership in craftsmanship, customer service and community involvement and exemplifies the best in the remodeling industry.... Read more...


Metro Housing Coalition 2016 Political Forum September 28th
 
The Metro Housing Coalition proudly presents the 2016 Political Forum. Landmark Metro District Court Case: How it affects communities, developers and home builders. ... Read more...
For more information, or if you'd like to know about sponsorship opportunities, please contact Diana Rael, drael@norris-design.com
 
For more information on attending individually, please contact Cherie Talbert, ctalbert@hbadenver.com
 
For more information on  purchasing a table, please contact Peter Tobin, ptobin@ltgc.com


What's Holding Back the Housing Market? Not Enough Construction Workers
The drumbeat of hammers echoes most mornings through suburban Denver, where Jay Small, the owner of company that frames houses, is building about 1,300 new homes this year. That’s more than triple what he built a few years ago, when “you couldn’t buy a job” in the residential construction industry, he said. Now, builders can’t buy enough workers to get the job done. Eight years after the housing bust drove an estimated 30% of construction workers into new fields, homebuilders across the country are struggling ... Read more...


2016 Parade of Homes enters final weekend

This Dream Home is priced at $767,200 and built by Mountain Property Builders. The home is located in The Meadows in Castle Rock.
The 2016 Denver Parade of Homes www.paradeofhomesdenver.com enters its final weekend – open today through Labor Day (Sept. 5). The Parade showcases new, designed model homes, custom homes, affordably priced homes and luxury “Dream Homes” built by 19 new home builders comprised of custom and national home builders. Luxury Dream Homes, priced from $767,200 to $1,479,999, are fully furnished, decorated and landscaped and include such custom features as stunning open floor plans, gourmet kitchens, private suites, spa-inspired master baths, sweeping staircases and large walk-in closets. The four Dream Homes are located in Aurora (TRI Pointe Homes); Castle Rock (Mountain Property Builders); Denver (Jackson Design Build); and Thornton (Elacora).... Read more...


Save the Date - Metro Housing Coalition 2016 Political Forum September 28th
 
More information to follow - Save the Date on your calendar now!... Read more...


2016 Denver Parade of Homes’ Magazine Goes Interactive
The 2016 Denver Parade of Homes’ magazine, a full-color 124-page glossy publication, is now live and interactive online at paradeofhomesdenver.com.

The Home Builders Association of Metro Denver (HBA) has developed the online publication into a page turner--literally. The magazine’s facing pages can be turned, which realistically imitates the physical movement of printed pages being turned. And with the publication online, it’s interactive with live links to all the Parade builders’ and HBA-member advertisers’ websites.... Read more...


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