Posts By: Jason

Weekly Update: May 19, 2016

Scholarships Awarded to 11 Building Trades Students
We had another great crop of scholarship candidates – enough that we awarded a record 11 of them worth $10,000.  The Home Builders Association of Iowa Educational Corporation is committed to educational and economic empowerment for scholarship applicants entering the building trades.  By offering these scholarships to students going into the trades, we impact the prosperity of the building industry by developing a stronger workforce and building the next generation of industry leaders.  Here are your winners:

Dylan Balmer (Johnston) won a scholarship and is a junior at ISU in aerospace engineering.  His father Brian Balmer owns Erickson Balmer Construction.
Tyler Brown (Donnellson) won the David Ealy Memorial Scholarship and is planning to attend Southeastern Community College studying carpentry and construction.  He had an amazing reference letter from Clint Kobelt, who is the building trades instructor at Ft. Madison HS.
Andrew Brundell (Marion) won the Jeff Tegeler Memorial Scholarship and is planning to attend Kirkwood CC where he will be in the construction management program.  His father Paul Brundell owns Allan Custom Homes and was the 2014 president of the Greater Cedar Rapids HBA.
Jonathan Bullock (Sioux City) won the John Small Memorial Scholarship and is a senior …
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Weekly Update: May 12, 2016

A new NAHB study shows that, on average, government regulations account for 24.3% of the final price of a new single-family home.  Three-fifths of the regulatory costs – 14.6% of the final house price – is due to a higher price for a finished lot resulting from regulations imposed during the lot’s development. The other two-fifths – 9.7% of the house price – is the result of costs incurred by the builder after purchasing the finished lot.
NAHB’s previous 2011 estimates were fairly similar, showing that regulation on average accounted for a quarter of a home’s price. However, the price of new homes has gone up quite a bit since then.  Applying percentages from NAHB’s studies to Census data on new home prices during this five-year span shows that regulatory costs for an average single-family home went from $65,224 to $84,671 – a 29.8% increase.  By comparison, disposable income per capita increased by 14.4% from 2011-2016. In other words, the cost of regulation in the price of a new home is rising more than twice as fast as the average American’s ability to pay for it.

Thanks to our Doug Mayo Golf Outing Sponsors!

We are so blessed to have great sponsors supporting our HBAI Educational Corporation, …
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