Welcome to the April issue of Builder and Developer magazine, also known as the Buyer’s Guide. This is easily one of the issues that defines us as a media company. Many people look forward to this list of directories and services, and we’re very proud to present them to the industry. Those included are the best of the best, many whom are our friends and those we’ve featured throughout the years. If you didn’t quite make it to this issue for whatever reason, feel free to shoot me an email and I’ll be sure to include you in next year’s Buyer’s Guide when we return with all new and updated information.
There are 1,000 homebuilders showcased in this issue, and a plethora of suppliers, interior designers, financial suppliers, and much more. The number of builders and services we showcase in this directory is truly a testament to how strong and resilient the home building industry is. From coast to coast, builders, manufacturers and others are pooling their expertise to deliver Americans one of the largest investments in their lifetime, and that’s something to be proud of.
The housing industry seems to be doing well. Builder confidence in mid-March hit a 12-year high, a remarkable feat for the industry. “Builders are buoyed by President Trump’s actions on regulatory reform, particularly his recent executive order to rescind or revise the waters of the U.S. rule that impacts permitting,” said NAHB Chairman Granger MacDonald, a home builder and developer from Kerrville, Texas.
Other indicators of a healthy market include: the housing markets buoying Home Depot sales; single-family homes starts increasing in February; and the economy seems to be doing well enough to endure a fed rate hike. Not a bad start for 2017’s first quarter.
We still have several hurdles to jump, though. NAHB Chief Economist Robert Dietz noted, “While builders are clearly confident, we expect some moderation in the index moving forward. Builders continue to face a number of challenges, including rising material prices, higher mortgage rates, and shortages of lots and labor.” Shortage of labor and shortage of inventory go hand-in-hand, unfortunately.
Many thanks to NAHB Chairman Granger MacDonald for being our featured interview for this issue. We discuss NAHB’s goals for 2017, many of which are to address these hindrances in the housing industry. MacDonald notes that a major part of their agenda involves advocacy on Capitol Hill “at the regulatory agencies and in the courts.” Be sure to turn to the back of the magazine to read the full interview.
As always, many thanks to our readers, advertisers, and contributors. I hope you enjoy the issue and keep it handy for the whole year, or at least until the 2018 Buyer’s Guide.