Homebuilder Sentiment in February Improves by the Biggest Amount in a Decade
CNBC: America’s homebuilders are growing more bullish as buyer demand picks up, driven in part by slightly lower mortgage rates. Homebuilder confidence in the market for newly built single-family homes in February rose 7 points to 42, according to the National Association of Home Builders/Wells Fargo Housing Market Index. This is the highest reading since September…
The HBA Advocate Newsletter | February 7, 2023
February 7, 2023 Littleton Anti-Growth Referendum Concerns City Residents For the second time in less than one year, a small group of anti-growth residents in Littleton has collected signatures to force a special referendum. Question 300, set for a March 7 vote, seeks to change the City Charter to reduce by half the number of…
HBA of Metro Denver’s SMC is Gold Winner at Nationals
The Nationals Awards winners were announced January 31st at the Nationals Gala in Las Vegas (during IBS), and HBA of Metro Denver’s Sales & Marketing Council was named best SMC in the nation for 2022, in its size category. The Sales and Marketing Council (SMC) of Metro Denver has been named the National SMC Council…
NAHB: A Housing Downturn in 2023 Followed by a Recovery in 2024
The housing recession that began in 2022 will bleed into 2023 as elevated inflation and mortgage rates, coupled with stubbornly high building material construction costs, continue to take a toll on the housing industry and are expected to push the overall economy into a mild recession this year. However, the second half of 2023 could…
Builder Product Expo is back April 3rd
It’s Back for 2023! HBA’s Builder Product Expo will return Monday, April 3rd to the Marriott DTC for another great afternoon/evening event featuring 80 booths and 500 attendees networking and exploring exhibitors’ products. This year the event is brought to you by the HBA and the HBA’s new Purchasing Agents, Subcontractors and Suppliers (PASS) Committee….
HBA of Metro Denver Elevates Toby Paioff to Director of Accounting and Human Resources
The Home Builders Association of Metro Denver announced Tuesday, the promotion of Toby Paioff to Director of Accounting & Human Resources. She will be overseeing the direction of many important functions including accounting, permit reporting, HR and payroll, HBA and council membership database, CAHB and NAHB tracking and reporting, Metro Housing Coalition’s accounting and financials, as well…
Builder Confidence Uptick Signals Turning Point for Housing Lies Ahead
A modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels, although sentiment remains in bearish territory as builders continue to grapple with elevated construction costs, building material supply chain disruptions and challenging affordability conditions. Builder confidence in the market for newly built single-family homes in…
Call for HBF Blitz Build Crews
Home Builders Foundation (HBA’s Charity of Choice) is thrilled to announce that signups to participate in HBF’s Blitz Build are now open. Below is the info for those that want to participate: HBF is changing up Blitz Build for 2023. Instead of a single 3-day weekend with 15+ crews, we are going to be offering…
HBA Membership Newsletter | January 17, 2023
Welcome to your monthly Membership Newsletter from the HBA of Metro Denver. InterConnections provides our membership with member news, celebrations, events, FAQs, and more! January 17, 2023 Where is the Member Spotlight? Do you want your company to be featured in an upcoming newsletter? Email me to reserve your space for the HBA Member Spotlights…
Tap into HBA’s $5Billion Home Building Market
The Home Builders Association of Metro Denver is the place to tap into the owners, leaders and decision makers of the eight-county home building sector. The HBA of Metro Denver represents Builder Members from custom home builders to large production builders, that in 2021 accounted for an astounding 84% of all closings in the metro area. The…