Posts Tagged ‘new homes nc’

Lake Norman Home Builders Win Awards at the 2009 Builders Expo

Monday, October 5th, 2009

STARS Awards Gala recognizes building industry professionals

lake_norman_hba

MOORESVILLE, NC -<September 28, 2009>-  The North Carolina Home Builders Association announced the winners of the annual STARS Awards, an awards program that honors the achievements of home building industry professionals. More than 250 industry professionals from across North Carolina representing over 64 associations gathered in Charlotte September 16 for the awards gala.

Winners received recognition in categories such as marketing and advertising, Web design, landscape design, interior merchandising, architecture/floor plans and special projects. Awards were also given to local home builders associations. 

From the Lake Norman area, the  STARS Awards Winners went to

Best Single Family Detached Home with a sales price over $1 million and under 5,000 square feet, DV Wise, Inc., Tom Wise, President, for the Davidson Run Lane residence.

Best Single Family Detached “Green” Home with a sales price $500,000 – $1 million

Schreiner Custom Homes, Steve Schreiner, President, for the Mountain Cove Drive residence

Best Single Family Detached “Green” Home with a sales price over $1 million

LKN Properties, LLC, Brian Robinett, President, for Villa Cerretta

Best Whole House Renovation under $500,000

Roger Layman Architecture, Roger Layman, President, for the renovation of a 1920s mill cottage in Davidson, NC

Best Whole House Renovation, $500,000 and over

Advanced Renovations Inc., Duane Johns, President for their Lake House transformation in Mooresville, NC

Best Kitchen Renovation

International Kitchen and Bath, Inc., Lisa Carlay

Best Home Addition

Perry Interior Design, Kerri Perry, for “The Ultimate Man Cave”

Best Educational Effort (Small to Midsize HBA)

Lake Norman Home Builders Association for Lake Norman University, Sandra Wallace, Member Services Director.

Best HBA Member Communication-Single Piece or Campaign (Small to Midsize HBA)

Lake Norman HBA, Sandra Wallace, Member Services Director, for their Super Heroes membership campaign

Best HBA Government Affairs Initiative (Small to Midsize HBA)

Lake Norman HBA for their “Fix Housing First” State of the Industry Luncheon, Larry Airey, Executive Officer.

The Lake Norman Home Builders Association’s mission is to promote, inspire, and safeguard integrity in the building industry for the enrichment of our community. The association represents 200 builder members and 300 associate members who live and work within the Lake Norman community.

Lake Norman Home Builders Association is located at 836-D Williamson Road, Mooresville, NC  28117. Tel: 704.664.5622, Fax: 704.664.0290.

www.DVWise.com

New-Home Sales Rise 11 Percent In June

Monday, July 27th, 2009

July 27, 2009 – Sales of newly built, single-family homes rose 11 percent in June to a seasonally adjusted annual rate of 384,000 units, according to U.S. Commerce Department numbers released today. Coming on the heels of an upwardly revised number for May, the gain marks a third consecutive month of improved sales activity.
 
“Today’s report is good news that indicates the nation’s housing market may be in the process of turning the corner,” said Joe Robson, chairman of the National Association of Home Builders (NAHB) and a home builder from Tulsa, Okla. “That said, the key to moving us out of recession is to get Americans back to work. Congress and the Administration should know that housing can be a significant generator of good jobs. We need to make housing a priority in the recovery process, otherwise we could continue to bounce along a bottom for some time.”
 
“The big gain in home sales last month was reflected in three out of four regions and helped shrink the inventory of new homes for sale to its lowest level in years,” said NAHB Chief Economist David Crowe. “Even so, the pace of home sales in June 2009 was still more than 21 percent off the pace of sales in the same month last year, so we still have quite a way to go. The concern now is that complicating factors – particularly job losses, appraisal issues that are torpedoing more than a quarter of new-home sales, and the impending expiration of the first-time buyer tax credit – threaten to stifle the positive momentum.”
 
The number of newly built homes on the market declined for a 26th consecutive month in June, falling 4.1 percent to 281,000 units. This marks a relatively thin 8.8-month supply at the current sales pace.
 
New-home sales rose by double-digits in the Northeast (29.2 percent), Midwest (43.1 percent), and West (22.6 percent) in June. Meanwhile, sales activity declined 5.3 percent in the South, which is the country’s largest housing market.

Source: www.NAHB.org

DV Wise

Housing Starts And Permits Post Gains In May

Tuesday, June 23rd, 2009

June 16, 2009 – Nationwide housing starts rebounded in May from record lows in the previous month, posting a 17.2 percent gain to a seasonally adjusted annual rate of 532,000 units, according to U.S. Commerce Department figures released today. While driven largely by a double-digit gain in the volatile multifamily sector, the uptick also reflected a substantial gain on the single-family side and applied consistently to all regions of the country.
 
“Having drawn down standing inventories to very thin levels over the past year, some home builders are now carefully replenishing their supplies in response to demand from smart buyers who are taking advantage of low interest rates and prices,” said Joe Robson, chairman of the National Association of Home Builders (NAHB) and a home builder from Tulsa, Okla.
 
“Today’s report showing three consecutive months of gains in single-family housing starts and two consecutive months of gains in single-family permits is a very welcome sign that the market may be nearing a turning point,” said NAHB Chief Economist David Crowe. “That said, our recent surveys tell us that builders remain very cautious about the future, and that they are aware of the upcoming expiration of the first-time buyer tax credit at the end of November. Homes that get started now should be able to close by that deadline, and this may be spurring some of the latest construction activity.”
 
Single-family housing starts gained 7.5 percent in May, breaking the 400,000 mark for the first time since November 2008 to reach a seasonally adjusted annual rate of 401,000 units. Meanwhile, starts in the much more volatile multifamily sector posted a 77 percent gain following a nearly equivalent decline in the previous month, for a seasonally adjusted annual rate of 124,000 units.
 
Building permit issuance, which can be an indicator of future building activity, rose 4 percent overall in May to a seasonally adjusted annual rate of 518,000 units. On the single-family side, permits rose 7.9 percent to 408,000 units, while on the multifamily side, they declined 8.3 percent to 110,000 units.
 
Both housing starts and permits were up across every region in May. Starts rose 2 percent in the Northeast, 11.1 percent in the Midwest, 16.8 percent in the South and 28.6 percent in the West. Permits rose 5.7 percent in the Northeast, 8.9 percent in the Midwest, 2.3 percent in the South and 3.8 percent in the West.
 
More information on housing statistics is also available at: www.housingeconomics.com.

source: NAHB.org

DV Wise