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Don't miss the 2017 Installation and Recognition Reception!
 
The Home Builders Association requests the honor of your presence at the installation of 2018 HBA President, Scott Moberg along with the Senior Officers and Board of Directors. Join us in celebrating the accomplishments of our Members, including honoring the 2017 HBA Builder of the Year and the 2017 HBA Associate of the Year. We will also present the prestigious 2017 HBA Volunteer of the Year Award.... Read more...


MAME 2017 Event Photos Now Available

 

Pictures tell the story - See The Winners, Candids, and Photos at the Step & Repeat Sponsor Wall... Read more...


POLICY ALERT! Tax Plan
Capping mortgage deduction will hurt, not help, all levels of Colorado homebuyers as prices continue to rise
The National Association of Home Builders is opposing the tax plan unveiled last Thursday by House Republicans. The association and its members have long advocated to protect and enhance the American Dream of homeownership—and this tax plan would likely put homeownership in jeopardy for many Coloradans. ... Read more...


Election 2017: Voters apply brakes to growth in Denver suburbs
 
Voters in some Denver suburbs have sent a message to their city officials that they want limits on the growth that has gripped their hometowns in recent years.

In Lakewood, whose city council rejected a six-month building moratorium earlier this year by a 6-5 vote, the results of a key city council race in the election that ended Tuesday appeared to hand slow-growth activists a one-vote majority on the council moving forward.

Meanwhile, in Greenwood Village, candidates who rallied against the idea of increasing the density of development... Read more...


MAME 2017 Celebrates the Toast of the Town

 

The Home Builders Association (HBA) of Metro Denver's Sales and Marketing Council (SMC), held the 2017 MAME (Marketing and Merchandising Excellence) Awards Saturday evening, November 4th at the Seawell Ballroom of the Denver Center for the Performing Arts. The MAME gala is the council’s largest annual event that has recognized industry professionals since 1979. Nearly 600 industry professionals attended the “Toast of the Town” themed awards ceremony to cheer on their peers, and celebrate the best of the best within the home building industry.... Read more...


Hard truths behind the housing shortage

PHOTO BY KATHLEEN LAVINE, DENVER BUSINESS JOURNAL
"Timescales in development and home building are long enough and cost change is happening so fast that it’s difficult to model our projects accurately,” said David Sinkey, founder and president of Boulder Creek Neighborhoods.

Entitlement approvals are slowing things down, stated Jeff Whiton, CEO of the HBA

Inventory shortages in the residential real estate market have plagued metro Denver for years — shortages that drive up prices, frustrate would-be buyers with a lack of options and create bidding wars over the few homes there are on the market.

In February, the number of active listings in metro Denver dropped to a record low of 3,878, according to the Denver Metro Association of Realtors. The busy spring and summer selling seasons boosted that number back up over 7,000 by September. But in a market with this much demand, it’s still not enough to satisfy people looking to buy.

So, with record high pricing and record low inventory, why aren’t builders putting up homes as fast as they can to meet this demand?... Read more...


Desperate for workers, a Colorado homebuilder starts a free school

Emily Gaffney | CNBC
Students in home building class
Inside an unassuming warehouse on the outskirts of Denver, 18 students are learning to saw, tile, drill, plaster and paint.

They are mastering how to build a house. While that number might not sound like a lot, today's homebuilders are desperate for all of them.

The students are some of the first to enroll in an eight-week "boot camp" at the Colorado Homebuilding Academy, a nonprofit organization that opened this year. The course is free, founded and funded by Oakwood Homes... Read more...


Colorado's Century Communities buys Seattle homebuilder

Co-CEOs Dale and Rob Francescon of Century Communities.
Fast-growing Colorado-based homebuilder Century Communities Inc. is expanding again with the acquisition of a Seattle company, Sundquist Homes. Greenwood Village-based Century (NYSE: CCS) said Wednesday it is acquiring "substantially all the assets of Sundquist Homes." Terms of the deal were not announced. "The strategic acquisition expands the company’s presence in this growing West Coast market and aligns well with the company’s objective to grow its operations in attractive markets with strong economic fundamentals," Century said in an announcement.... Read more...


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