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January 2012
Outsource Warranty calls
Do you make your money handling callbacks, or do you make your money selling what you have built? BBWG can take over your warranty service, freeing you to build and sell. For one fee paid at closing, BBWG will warrant and service your homes. For more info, contact Sheila Morgan, National Accounts Director, by email or phone, (800) 749-0381, Ext. 3601.
Industry Calendar
Jan. 24-27
World of Concrete
Austin, Texas
Feb. 1-2
Southern Building
Material Association
High Point, N.C.
Feb. 8-11
International
Builders Show
Orlando
Feb. 20-24
International Roofing Expo
Orlando
March 21
Builder Mart 2012
Timonium, Maryland
March. 28-30
Atlantic Builders Convention
Atlantic City
April 2-4
BEST Conference
High Performance Building
Atlanta
Serving Builders
Find your local Bonded Builders Representative. Our Sales and Marketing Directors can help you make the most of your partnership with Bonded Builders Warranty Group. Your local representative can help with every aspect of new New Home Warranties, Remodel Warranties and Specialty Plans.
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Welcome to 2012!
Whit Ward
By Whit Ward, President/CEO
“Thank You” to all our builder members, home builder associations and the great team of associates here at Bonded Builders who work every day to make ours the best new home warranty company in the country. I also want to reflect our accomplishments this past year and some of the programs we initiated to help the building industry through these difficult times.
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Florida HBA Developing the Leaders of the Future
Many local builders associations
have created workforce development programs in partnership with state associations and NAHB. Florida has been a leader in this effort with its unique Future Builders of America program.
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Voters Value Home Ownership
By an overwhelming margin, American voters strongly value homeownership and would oppose efforts to weaken or eliminate the mortgage interest deduction or diminish a federal role to help qualified home buyers obtain affordable 30-year mortgages, according to a new nationwide survey gauging likely voter attitudes toward homeownership and housing policy issues.
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Pent-Up Housing Demand
The inventory of newly constructed homes are at historical lows. The U.S. Census Bureau estimates that there are less than 190,000 units available, down from a high of 572,000 units in June 2006. There is also considerable pent-up housing demand or delayed household formations due to current economic conditions.
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Multi-Generational Homes
Many Americans enacted their own cost-cutting program in the depths of the Great Recession, according to Pew Research: They moved in with relatives. This helped fuel the largest increase in modern history in the number of Americans living in multi-generational households. This demographic shift presents an opportunity for builders offering floorplans that are designed for or can be altered for multi-generational families.
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Federal Reserve Weighs In on Housing
The Federal Reserve has issued a white paper that reviews the condition of the housing market, citing three key forces within the housing sector that are holding back both housing and the economic recovery: 1) persistent excess supply of vacant homes on the market, 2) a marked and potentially long-term downshift in the supply of mortgage credit and 3) an unwieldy and inefficient foreclosures process imposing extra costs on homeowners, lenders and communities.
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Bonded Builders Warranty Group
Corporate Headquarters
1500 Kings Highway | Port Charlotte, FL 33980
Phone: (800) 749-0381
Fax: (941) 743-0534