Industry News Archives - Residential Contractor

Virginia Remodeler Leo Lantz Named 2018 NAHB Remodeler of the Year

WASHINGTON, Dec. 6 – The National Association of Home Builders (NAHB) Remodelers is honoring Leo Lantz, CAPS, CGP, CGR, GMR, a remodeler from Glen Allen, Va., as the 2018 NAHB Remodeler of the Year. The NAHB Remodeler of the Year award recognizes superior business management, exemplary NAHB involvement at all levels and outstanding contributions to the remodeling industry. “Leo Lantz has become a distinguished remodeler over the last three decades by providing excellent work for his customers, and has sincere enthusiasm to give back to his local community and industry,”…

TRI POINTE HOMES ACQUIRES LOTS TO BUILD 154 HOMES IN TWO DENVER METRO LOCATIONS

DENVER, Colo. (November 28, 2018) – TRI Pointe Homes has announced the acquisition of 154 lots to build new homes in two for-sale communities in Douglas County, a highly desirable location in the Denver Market. The land transactions fit TRI Pointe Homes’ strategy of building quality innovative homes in locations with convenient access to major transportation and employment corridors. “The Denver market ranks in the top 10 nationally for growth and stability,”(1) said Darren DuPree, Division President of TRI Pointe Homes Colorado. “These lot acquisitions illustrate the TRI Pointe…

Finding Undiscovered Land Development Opportunities

Location intelligence can help developers and builders make faster, more competitive decisions By Tara Bleakley For land developers and builders, finding prime development opportunities can be a difficult process in today’s supply-constrained and highly competitive market. Finding the right land assets requires careful research, analysis and due diligence for prospective properties. However, this needs to happen as quickly and efficiently as possible to maintain a competitive edge — and to avoid wasting time and resources on poor prospects. When tackling these considerations, you might question how to get the most…

Alleviating Construction Conundrums Through Technology

Today’s digital QA technology can help builders deal with labor shortages and potential construction problems By DON NEFF The building industry is presently challenged by labor constraints across multiple trades in multiple regions. The current labor shortages are impacting all residential product types such as for-sale detached housing, condominiums, townhomes, and multifamily housing as well as commercial office, hotel, industrial and other similar projects. The National Association of Home Builders points out that eight years after the Great Recession drove an estimated 30 percent of construction workers into new fields,…

West Villages Florida Continues Strong Sales Pace

West Villages, FL — The eight home builders in West Villages Florida sold 71 homes in October, putting the master-planned community well on its way to a record-setting year. West Villages continues to attract buyers from throughout Florida, the region and the U.S. “Buyers are choosing West Villages for our location, amenities and excellent value of the new homes,” said West Villages President Paul Erhardt. “They are also looking forward to both the West Villages Marketplace and Atlanta Braves Spring Training facility opening next year.” Homeowners are also pleased to…

Olive Groves Planted at Palm Springs Agrihood

Miralon is Transforming Former Golf Course into Groves and Gardens for Mid-Century-Inspired Homes and Resort Amenities Freehold Communities has announced that Miralon, the sustainably designed community emerging in Palm Springs, California, is now planting its unique olive groves. One of the largest new “agrihoods” in the U.S., Miralon will offer 1,150 Modernist-inspired residences to harmonize with the Coachella Valley’s architectural heritage. A highlight of Miralon’s 300 acres is its transformation of a previously constructed 18-hole golf course into working olive groves, community gardens and walking trails. Fruit from more…

It’s Time to Commit to Green Building

Environmentally conscious construction no longer has to be viewed as a liability By STEVE PALLRAND Resources for green building design are vast and growing rapidly each year. However, for a field that has been burgeoning since the 1970s and has been pushed tirelessly by environmentalists and government programs, it remains that few people live in sustainable houses. Most of the country believes that the environment should be protected. However, as an industry, we offer little to the consumer beyond the government mandated basics. Building an environmentally friendly house is fundamentally…

Central Valley to Acquire Foster Lumber Yards to Support Explosive Demand for Building Materials

Acquisition Expands Central Valley to Nine Locations NAPA, Calif. – Central Valley, a U.S. top-100 building supply company, announced today that it has entered into a definitive agreement to purchase Solano County-based building supply company, Foster Lumber Yard, expanding Central Valley’s Northern California footprint. Central Valley brings new investment and operational depth to Foster Lumber to further enhance both companies’ competitiveness with its current list of prominent regional builders. Foster Lumber will continue to operate as a separate, wholly-owned subsidiary with the current management in place. “We’re bringing two forces…

BHMA Certified Secure Home™ Program The First to Certify Locks and Deadbolts for Security, Durability and Finish Performance

(NEW YORK) – Residential contractors can now assist homeowners and renters in evaluating the safety and security of their homes with the new BHMA Certified Secure Home™ program. The first step to a secure home is having a sturdy lock on the front door; the BHMA Certified Secure Home program is the first of its kind to make it easy for insurance industry professionals – as well as homeowners and building professionals – to identify locks and deadbolts that have been rigorously tested and certified to the highest hardware performance…

Home Developer Partners to Build 80 Single-Family Homes on 15 Acres

San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital recently closed on 15 acres of farm land in Porterville, California. The partners plan to build Cambria, a new neighborhood with 80 single-family detached garden homes. The project is expected to break ground in September—and will begin model construction in January 2019. The retail value of this project will exceed $18 million. “The housing market in Tulare County continues to sizzle, and we know that’s because this is such a great place to live,” said Danny Garcia, vice president of sales at…