Friday, April 12, 2013

Quarterly Economic Report

That latest quarterly economic report is ready for viewing.  Produced in partnership with RESH Marketing and sponsored by Clark's Services, the report provides HBA members with up-to-date information about the Upstate housing market in an easy-to-consume five-minute video format.

The report is presented by Joseph VonNesson, PhD., CMP, Director of the Real Estate Center at the University of South Carolina Moore School of Business.

A key finding in this quarter's report has been the instability of job growth, the result of uncertainty about the economy by business owners and leaders.

Watch the full Upstate Second Quarter 2013 Economic Report at HBAofGreenville.com by clicking here.


Thursday, April 11, 2013

Cancelled- Downtown Alive 4/11/2013, Sponsored by Piedmont Natural Gas

 

Cancelled due to inclement weather! This event will be rescheduled for a later date.

Piedmont Natural Gas will host HBA members at Alive at Five

Piedmont Natural Gas will host an HBA of Greenville Appreciation Night during Downtown Alive this week.

What: HBA of Greenville Appreciation Night at Downtown Alive
When: Thursday, April 11, 5:30 p.m. until 8:00 p.m.
Where: Piedmont Natural Gas' VIP area on Main Street near the Hyatt Downtown Hotel

No registration necessary. Simply show up and enjoy the evening and food and beverage, catered by Larson's, with Piedmont Natural Gas.

Wednesday, April 10, 2013

Piedmont Natural Gas will host HBA members at Alive at Five

Piedmont Natural Gas will host an HBA of Greenville Appreciation Night during Downtown Alive this week.

What: HBA of Greenville Appreciation Night at Downtown Alive
When: Thursday, April 11, 5:30 p.m. until 8:00 p.m.
Where: Piedmont Natural Gas' VIP area on Main Street near the Hyatt Downtown Hotel

No registration necessary. Simply show up and enjoy the evening and food and beverage, catered by Larson's, with Piedmont Natural Gas.

Monday, April 8, 2013

EPA Proposes Stormwater Rule Minus Numeric Turbidity Limits

In a welcome development following builders’ successful challenge of an onerous stormwater regulation, the EPA has proposed that construction companies implement best management practices (BMPs) to control stormwater runoff as a means of erosion control on construction sites. Once finalized, the proposed rule would remove the federal requirement that builders monitor turbidity in stormwater runoff and withdraw numeric turbidity limits imposed in 2009. The proposed rule also provides clarity for permit writers concerning how EPA expects certain best management practices to be implemented on site.

Among changes that EPA is proposing to the rule's non-numeric requirements is 1) the inclusion of a definition for the term "infeasible," which was needed because many of the non-numeric requirement BMPs must be implemented "unless infeasible; " and 2) a clarification of the BMP requirements. A third change to the rule is a permanent removal of the numeric limit. For details, view this Factsheet on Proposed Changes to the ELG.

These favorable revisions to the EPA’s effluent limitation guidelines (ELGs) stem from the EPA’s recent settlement of a longstanding lawsuit brought by NAHB, the Wisconsin BA and the Utility Act Group. One of our association’s most significant-ever wins for its members, this victory is projected to save home builders and developers about $2,000 per home in compliance costs, for an annual total of nearly $1.2 billion – assuming the final ELGs are similar to the terms of our settlement agreement upon their scheduled release at the end of February, 2014.

Study Shows Immigrant Workers' Impact on Construction, by State

NAHB members are increasingly noting concerns about the cost and availability of construction labor as demand for housing rises. Realizing that immigrant workers are a significant source of recruits to the construction industry and in light of lawmakers' ongoing debate over national immigration policy (more on that subject later in this report), our economists have analyzed recent Census Bureau data to determine the actual impact of this worker subset on different parts of the country.

Their latest special study, "Immigrant Workers in the Construction Labor Force," shows that the population of immigrant construction workers is not evenly distributed across the U.S., with more than a third of that group residing in the five states of California, Texas, New York, New Jersey and Florida. But the study also points out that reliance on foreign-born labor appears to be spreading outside of these traditional immigrant magnets, and is evident in states such as Georgia, North Carolina, Connecticut, Virginia, Illinois and Colorado, where immigrants now account for more than 20% of the construction labor force. States that rely heavily on foreign born labor but lost a significant share of those workers during the housing downturn -- such as Arizona, California, Colorado, Florida, Nevada, and Georgia -- are most likely to experience difficulties in filling out construction job vacancies once home building takes off, economists note.

In addition to providing a state-by-state breakout of the share of immigrants in the construction labor force, NAHB's study also identifies where most immigrant workers in construction primarily come from (Mexico) and which jobs are most heavily reliant on immigrant workers (carpenters, laborers, painters, roofers, brick masons, drywall/ceiling tile installers and others), along with other useful data. Read the full study here