Rare BUILD-PAC Opportunity…
We’re really close to our annual BUILD-PAC fundraising goal in Iowa (85% reached) and we absolutely need to attain that goal. It’s super sad that only four percent of our members contribute to our political action committee. Your livelihood depends on the decisions made by our elected leaders. That’s another story, but we have a special opportunity for the FIRST FOUR new Gold Key (or higher) members who step forward. Those individuals will then have the opportunity to play golf on an ultra-exclusive privately owned 19 hole course in Ankeny called “Talons of Tuscany.” The course is available only to a handful of charities each year and foursomes have been known to sell for up to $3k. Dennis Albaugh owns the property, which has raised $8 million for charities over the past few years.
You can be billed throughout the year for your BUILD-PAC contribution, which makes it really painless. The Gold Key level is an annual contribution of $1,000 and that can be split up into payment plans.
Our purpose is to raise and spend money to elect candidates running for political office. We work hard to elect pro-housing candidates by contributing to their campaigns. Around four percent of NAHB members contribute, which is very sad. It’s an investment in the future of your business and the home building industry as a whole. Whether or not you agree with the method, contributions are essential to promoting a pro-housing agenda in government.
Contact HBAI Executive Officer Jay Iverson (515-278-0255) if you would like to be a part of this new group of industry leaders.
Mark Your Calendar Now for Member Car & Motorcycle Show
We will hold a “show and shine” networking event in our office parking lot, 400 East Court in Des Moines, on August 21 from 6-8 p.m. Any vehicles that you want to drive or drag here are game. This will be a BUILD-PAC event, but plan to be here for some great good and drinks. We’ll see if we can have some political candidates present too. The raindate will be August 28. Mark your calendar and more details will be provided in the future. We will have a “peoples choice” award for cars and for motorcycles. The VW bus in the photo is one of four split window buses that HBAI Executive Officer Jay Iverson has flipped in the past 14 months and his all original naked 1978 Honda Goldwing is for sale now, so work begins now to figure out what to bring. If you would like to help coordinate the event, don’t hesitate to email Jay Iverson. We’ll keep it simple and just have fun.
Significant Changes to the 2012 International Codes
Wednesday, July 16, 2-3 p.m. ET
This webinar highlights significant changes to the 2012 editions of the International Codes, particularly the International Residential Code® and International Building Code®. Presented by NAHB Construction, Codes and Standards. Click here.
Water Features and Landscape Architecture Webinar
Don’t miss this opportunity to learn more about water features and landscape architecture for single-family homes and communities. It will be held on Wednesday, July 30 from 2-3 p.m. ET.
This session will focus on top water and landscape architecture features that home buyers want to see when they purchase either a single-family custom home or buy into an entire community. In both cases, these features contribute to a resident’s positive sense of place by creating curb appeal in the public space and an intimate, enjoyable setting in their private space. This is presented by the NAHB Land Use and Design and the Best in American Living Magazine. Click here.
Patent Troll Video
This may be something that might pop up during the next legislative session. Many states successfully passed legislation last year that will protect our members. For now, it’s just interesting. Patent trolls that seek to force companies to enter into a licensing agreement or face litigation can cost home builders and other small businesses big money.
Justin Wood is among several Oregon contractors who have received “demand” letters from a company named Savannah IP, which owns a patent on a moisture removal process used in home construction.
The letters state that the builders face legal action unless they enter into a licensing agreement and pay the patent owner as much as $150 per each home to use the patented “process.”
Wood’s firm has decided to fight the lawsuit threat and his patent abuse story is highlighted in this video.
Home Sales Surge
Housing news continued to improve as pending home sales surged following a slow first quarter. Home prices also continued to move higher but at a more moderate pace, suggesting the extra push caused by investors may be slowing. Economic news, however, was mixed. Consumer confidence increased in response to improving labor market conditions. On the other hand, new estimates from the first quarter revealed a steeper decline in real GDP. Early indications are that real GDP will reverse course from a dismal first quarter and gains in housing will continue the pace set before the end of 2013.
Pending homes sales posted the biggest month-over-month increase in four years. The Pending Home Sales Index increased 6.1% in May. It follows a healthy increase in existing home sales and a Census report showing a surge in new home sales. In May, new single-family home sales increased 18.6% from April.