framework - Fredericksburg Area Builders Associations

Builders
FRAMEWORK
Caroline County  City of Fredericksburg  King George County  Orange County  Stafford County  Spotsylvania County
Volume 9, Issue 10
A publication of the Fredericksburg Area Builders Association
October 2014
90 Minute Law School
At the conclusion of this 90 minute program, you may not walk away with a law degree but we guarantee you will
walk away with useful information you can use in your business.
David Crump, Jr., Director of Legal Research for NAHB’s Office of General Counsel
and Felicia Watson, Senior Counsel in NAHB’s Office of General Counsel will be on
hand to address topics such as: information on contracts, warranties, mechanics
liens, copyright law, immigration law, business management practices, land
development matters, and alternative dispute resolution options.
We encourage you to bring a list of specific questions you might have. David and
Felicia will remain on sight to try and answer member questions.
Thursday, October 23
9:00 - 10:30
Wytestone Suites
4615 Southpoint Parkway
Registration is $20 per person. Space is limited! Click here to reserve your space.
Your Board of Directors
The FABA Board of Directors unanimously approved the following slate of officers and directors presented on
October 8 by the Nominating Committee:
OFFICERS (1 yr term - expiring 12/31/15)
Dan Sandoval, Republic Home Builders - President
Sean Halsey, Halsey Homes - 1st Vice President
Hank Osleger, Aaronal Homes - 2nd Vice President
Guy Miller-Richards, C & F Mortgage - Treasurer
Robert Donovan, Donovan & Associates - Secretary
Eddie Payne, Mid South Building Supply - Associate Vice
President
BUILDER DIRECTORS
(2 yr term - expiring 12/31/16):
John Gasque, Toll Brothers
Rob Shircliff, Travilian Homes
ASSOCIATE DIRECTORS
(2 yr term - expiring 12/31/16)
Conrad LaBossiere, Builders FirstSource
Lisa Wescoat, NSWC Federal Credit Union
Formal elec ons will be held at the General Membership Mee ng on Thursday, November 13. Nomina ons will be taken
from the floor however the individual must be present, in good standing with FABA and willing to serve.
Page 2 - Builders FRAMEWORK
OCTOBER 2014
Executive Viewpoint …
Bea Phelps, Executive Vice President
Millennials and the American Dream
A recent survey of younger Americans illustrates that the goal of homeownership remains an important part
of the American Dream.
The economic future of Millennials is key to the future of housing demand. A record number of individuals
aged 18 to 34 years are delaying household formation as a consequence of the Great Recession. In a recent
Eye on Housing blog post, this situation was referred to as the “Great Delay,” as slow wage growth and rising
student loan burdens have reduced attainment of traditional goals associated with the American Dream,
including marriage and homeownership.
An important research question is whether these delays represent deferrals due to economic conditions or
true changes in preferences and goals.
A recent survey from the Demand Institute provides new evidence. The study surveyed 1,000 18- to 29-yearolds about current conditions and market preferences. The findings indicate that homeownership remains an
important long-term goal.
Among the findings for Millennials:










Over the next five years, 8.3 million new Millennial households will form.
74% plan to move over the next five years, with the top reason being need for better housing.
64% expect to be married in five years and 55% expect to have kids.
75% believe homeownership is an important long-term goal and 73% believe ownership is an excellent
investment.
24% currently own a home and another 60% plan to purchase.
36% expect their next home to be a multifamily rental, while another 36% expect it to be a single-family
owner-occupied residence.
48% prefer their next home to be in the suburbs, while 38% want urban locations.
88% own a car.
Student loans do delay homeownership (but college raises lifetime incomes).
44% think it will be difficult to qualify for a mortgage.
For more details, read the survey findings from the Demand Institute
This article was provided by the National Association of Home Builders
OCTOBER 2014
Builders FRAMEWORK - Page 3
VÉÇzÜtàâÄtà|ÉÇá ECDG ctÜtwx Éy [ÉÅxá j|ÇÇxÜá
Remodel Project
The Emma
Angstadt Building
& Remodeling
Mul Family ‐ Unfurnished
Up to $310,000
The Ellery at Colonial Forge
Drees Homes
Mul Family ‐ Unfurnished
$310,000 ‐ $450,000
The Cavalier at Embrey Mill
Miller & Smith
Ac ve Adult ‐ Furnished
$480,000 ‐ $525,000
Sawgrass at Lee’s Parke
D R Horton
Subdivision
River Glen Estates
Quarter Tract
Single Family ‐ Unfurnished
Up to $225,000
The Kynleigh at Warren Hills
Halsey Homes
Single Family ‐ Unfurnished
$250,000 ‐ $325,000
The Griffin at Ladysmith Village
Spear Builders
Single Family ‐ Unfurnished
$350,000 ‐ $400,000
The Lisa at Evere e Estates
Charleston Company
Single Family ‐ Unfurnished
$495,000 ‐ $525,000
The Olivia at Boscobel Estates
Adamson Homes
Single Family ‐ Unfurnished
$700,000 ‐ $800,000
The Bristol Manor
at Bridlewood Estates
Aaronal Homes
Single Family ‐ Furnished
Up to $510,000
The Palermo at Pelham’s Reserve
Ryan Homes
Single Family ‐ Furnished
$535,000 ‐ $599,000
Windsor at Embrey Mill
Atlan c Builders
POH - continued on page 7
Page 4 - Builders FRAMEWORK
Get Ready For The
2015 President’s Gala
Friday, January 16
OCTOBER 2014
Awards to be Presented
at President’s Ball
Do you know someone that you feel should be considered for one of
the pres gious awards presented at the 2015 President’s Gala?
If so, we encourage you to submit their name for considera on.
Builder of the Year, Associate of the Year and Community Service
Award nomina ons are to be submi ed via a le er outlining why you
feel this individual should receive the honor.
The New Home Sales Associate and Construc on Project Manager nomina ons should be submi ed on the corre‐
sponding nomina on form. Click her for New Home Sales nomina on form. Click here for Construc on Project
Manager form.
Builder of the Year ‐ The Builder of the Year Award is our associa on’s most pres gious award. This honor is be‐
stowed upon only those who have impeccable creden als as builders, and are well respected as outstanding cra s‐
men and businessmen. His or her integrity must be beyond reproach. He or she should have a deep and abiding
commitment to providing quality housing at an affordable cost. They should also be ac ve in our community.
Associate of the Year ‐ Presented to an individual who is dedicated to his or her profession and is recognized for
that fact by his or her peers. Associa on visibility and ac vity is a must. To be considered as Associate of the Year,
an individual should have performed one of the following du es: Serve on the Board or Chair a major commi ee.
New Home Sales Associate of the Year ‐ Bestowed upon an individual that has demonstrated excep onal new home
sales and service. Nominees will be evaluated based on challenges they faced and overcame, steps they have taken
to further their career, involvement with FABA, community ac vity and sales record.
Construc on Project Manager of the Year ‐ Bestowed upon an individual who demonstrates project management
excellence through the effec ve management of three constraints (resources, schedule and scope) to deliver a quali‐
ty project. They demonstrate strong, personal characteris cs; effec ve communica on; personal integrity and lead‐
ership. He/she shows skills in managing, mo va ng, informing and enabling a project team to achieve customer
sa sfac on.
Community Service Award ‐ Presented to an individual who has given back to our community in a very special way
and has given his or her me and energy out of a busy schedule, freely and unselfishly, to one or more good causes.
Nomina on forms should be submi ed no later than November 31 to: Bea Phelps, Execu ve Vice President
3006 Lafaye e Blvd., Fredericksburg VA 22408
[email protected]
OCTOBER 2014
Builders FRAMEWORK - Page 5
What a Beautiful Day!
Congratulations to the winners of the
2014 L. Bruce Shelton Memorial Golf Tournament
1st place ~ 1st flight
HOUR HOMES
2nd place ~ 1st flight
UNION MORTGAGE GROUP
1st place ~ 2nd flight
QUARTER TRACT DEVELOPMENT
2nd place ~ 2nd flight
DOMINION VA POWER
Longest Putt - Pat Farrell
Closest to the Pin (Men) - Patrick Gay 4’5”
Longest Drive (Ladies) - Lou Ann Carithers
Longest Drive (Men) - Dave Walczak
What Will the Forecast Look Like for 2015 and Beyond? There is so much going on in the news that is affec ng the
housing industry that it is ge ng hard to keep track. Dr. David
Crowe makes sense of it all with the most accurate housing
market analysis during the NAHB Fall Construc on Forecast
Webinar. Comprehensive and convenient, right at your desktop
(and now available on your tablet), the two‐hour webinar
presents the latest economic data and opinion in a streamlined,
efficient format. This fall, Dr. Crowe is joined by special guest
Mark Zandi, Chief Economist for Moody's Analy cs to take a look
at the following na onal issues that affect us as we head into
2015 and beyond.
 Housing’s poten al and most likely path for the rest of 2014
and into 2015 & 2016
 Recovery hurdles like labor shortages and ght credit
 Tailwinds pushing housing such as demographics and pent up
demand
 Future Federal Reserve ac ons and their impact
CONSTRUCTION FORECAST WEBINAR THURSDAY, OCTOBER 30 2 ‐ 4 P.M. FABA OFFICE
Presidential Sponsor
SOLD
ECDH cÜxá|wxÇàËá ZtÄt
YÜ|wtç? ]tÇâtÜç DI
Ambassador Sponsor ($2000 - ONLY 2 LEFT) Prime seating ( 8 complimentary tickets to event), signage at
event, company recognition in all FABA medium, complimentary hotel room at Fredericksburg Hospitality House
Celebration Sponsor ($500) - Two complimentary tickets to event, company recognition in all FABA medium,
signage at event
Click on the desired sponsor level to secure your space!
Page 6 - Builders FRAMEWORK
WELCOME NEW MEMBERS LENNAR HOMES Carolyn Morrison 7591 Coppermine Drive Manassas, VA 20109 Phone: (703) 964‐4231 [email protected] Www.lennarhomesva.com (Builder) MCLEAN MORTGAGE CORPORATION Todd Call 11325 Random Hills Rd, Ste 400 Fairfax, VA 22030 Phone: (540) 850‐5355 Fax: (571) 419‐6779 [email protected] Www.mcleanmortgage.com (Mortgage) REVERE GAS Wes McGuckin 24403 Rogers Clark Blvd. Ruther Glen, VA 22546 Phone: (804) 867‐2964 Fax: (855) 772‐6234 [email protected] Www.reveregas.com (Propane Supplier) THANKS FOR RENEWING
YOUR MEMBERSHIP!
BB&T Mortgage, Dee Bee Home Improvement, Founda on Homes, Hour Homes, Leming & Healy, Mendleson Development, Ray’s Siding, Signature Series Construc on, Teakwood Enterprises OCTOBER 2014
Spotsylvania County Hosts DPOR Training Session Mindy Spruill, Office Manager with the State Board
for Contractors and Tradesman will be conduc ng a
training session
Tuesday Dec. 2, 2015 9 a.m. to 12 noon Spotsylvania County Building Office
9109 Old Ba lefield Blvd.
Spotsylvania, VA 22551
Anyone interested in a ending should RSVP to
Lewis Wa s at lwa [email protected] no later
than Nov 21. Space is limited to 50 par cipants.
This is a great opportunity for permit techs or
anyone who wants to know more about licensing
requirements when issuing permits.
OCTOBER 2014
Single Family ‐ Furnished
$640,000 ‐ $720,000
The Waterford II at Fawn Lake
Toll Brothers
Realtors Choice Award
Ac ve Adult
Claremont at Lee’s Parke
Lennar Homes
Builders FRAMEWORK - Page 7
Single Family ‐ Furnished
$725,000 ‐ $745,000
The Avalon at Liberty Knolls
Ryan Homes
Realtors Choice Award
Mul Family
St. Michael at Colonial Forge
Drees Homes
Single Family ‐ Furnished
$746,000 ‐ $775,000
The Carlyle Hills at Aquia
Augus ne Homes
Single Family ‐ Furnished
$875,000 ‐ $990,000
The Ellington at Lake Estates
Ryan Homes
Realtors Choice Award
Single Family
The Bristol Manor
at Bridlewood Estates
Aaronal Homes
Ac ve Adult
Subdivision
Celebrate by Del Webb
Pulte Group
Www.fredericksburgparadeo omes.com ParadeCraze Mobile App Special thanks to the par cipa ng builders, our sponsors, the Parade of Homes Commi ee and
FABA staff for all their hard work in energy in pulling together a magnificent Parade. The event
kicked off with the awards celebra on on Friday, October 3 at the UMW Jepson Alumni Execu ve
Center.
Kris n Nash, B101.5 served as the entertaining MC for the fes vi es. Our thanks to Kris n for her
role in the success of the event.
The homes are on tour Saturday and Sunday, October 4/5 and 11/12 from 10 a.m. ‐ 4 p.m. We
encourage everyone to get out and visit the homes. You will not be disappointed.
Page 8 - Builders FRAMEWORK
OCTOBER 2014
2012 Code Change Regional Training
This training session is being sponsored in part by:
Permitting Division
The Counties of King George, Spotsylvania & Stafford along with the City of Fredericksburg and FABA in a joint
effort, will be offering Code Update Training
October 28, 2014
8:00 a.m. - 4:00 p.m.
Fredericksburg Expo Center
2371 Carl D. Silver Parkway
Fredericksburg,Virginia 22401
T
2012 Admin. Uniform Statewide Building Code
2012 Residential Building Code
2012 Commercial/Residential Plumbing Code
Break for lunch – ON YOUR OWN
2012 Commercial/Residential Mechanical Code
2012 Fuel Gas Code/Residential Code Ch. 24
2011 National Electric Code
2012 Commercial/Residential Energy Code
8:00-8:45
8:50-10:00
10:20-11:30
11:30-12:30
12:35-1:15
1:20-2:00
2:15-3:15
3:20-4:00
Open to all; Contractors, Tradesman, Registered Design Professionals and Homeowners
FREE however registrations are required. Go to www.fabava.com and click on the upcoming events tab on
the left hand side or call FABA at (540) 898-2730. Lunch is on your own.
Training sessions will start promptly at 8 a.m. Session times are estimated, we will do our best to stay as close to
the times as possible, however if you are not attending the entire program you may want to arrive a little early for
the session of your choice.
OCTOBER 2014
Page 9 - Builders FRAMEWORK
THANKS TO ALL OF OUR
ADVERTISING SPONSORS
“We work hard to make your job easier”
234 Industrial Ct.
Fredericksburg, VA. 22408
540-710-0800
Fax 540-710-0844
Toll free 888-658-7663
Scott Hine
[email protected]
4805 Lassen Lane
Fredericksburg, VA 22401
(540) 735-2971
[email protected]
3351 Shannon Park Drive
Fredericksburg, VA 22408
(540) 623-8804
Www.teakwoodinc.com
2362 Plank Road
Fredericksburg, VA 22401
540-371-8005
www.reico.com
Cabinets, countertops, appliances & more!
Gerald Childress, President
Spotsylvania, VA 22553
540-412-5199
[email protected]
www.childressagency.com
Eddie Payne, Sales Rep
11001 Houser Drive, Ste 1
Fredericksburg, VA 22408
(540) 735-1864 [email protected]
Specializing in Siding, Windows, and
Cabinets
Ferguson Bath, Kitchen & Lighting Gallery
10702 Spotsylvania Ave
Fredericksburg, VA 22408
(P) 540-898-5511
www.ferguson.com
Gene Klotz
1127 B Summit Street
Fredericksburg, VA 22401
(540) 371-5001
Www.summitelectricalsvcs.com
Craig Mills
1325 Alum Spring Road
Fredericksburg, VA 22401
(540) 373-5914
Www.noland.com
31
Foursomes!
Perfect
Weather!
Page 10 - Builders FRAMEWORK
OCTOBER 2014
FABA STAFF
Bea Phelps
Executive Vice President
[email protected]
3006 Lafayette Blvd.
Fredericksburg, VA 22408
(540) 898-2730
www.fabava.com
Tina Perryman
Permit Expediter
[email protected]
Arlene Patel
Administrative Assistant
[email protected]
OFFICERS AND DIRECTORS
President
Danna Middleton
Legal Counsel
Charlie Payne
Charleston Company
Hirschler Fleisher
David Elsey, Builder Director
G H Watts Construction
1st Vice President
Dan Sandoval
Treasurer
Guy Miller-Richards
Mike Urian, Builder Director
NVR Ryan Homes
Republic Home Builders
C&F Mortgage Corporation
2nd Vice President
Sean Halsey
Secretary
Robert Donovan
Halsey Homes
Associate Vice President
Eddie Payne
Mid South Building Supply
Donovan & Associates Realty
Immediate Past President
Tim Thompson
Billy Middleton, Builder Director
Charleston Company
Hank Osleger, Builder Director
Aaronal Homes
Thompson Building Corp.
Dave Phelps, Builder Director
ICF Homes of Virginia
Executive Vice President
Bea Phelps
Rob Shircliff, Builder Director
Travilian Homes
FABA
Fredericksburg Area Builders Association
About the association
The Fredericksburg Area Builders Association, chartered in 1968 and
incorporated in 1980, represents thousands of people whose livelihoods are
directly tied to the building and building-related industries. FABA, a taxexempt trade association, is affiliated with the National Association of Home
Builders (NAHB) and the Home Builders Association of Virginia (HBAV).
With its main purpose to create and maintain a favorable climate for the
growth and development of the building industry, the Fredericksburg Area
Builders Association seeks to develop and maintain high professional
business standards with the ultimate goal of providing home ownership to all
individuals and families in our area. Centrally located between Washington,
D.C., the nation’s capital, and Richmond, Virginia, the state capital, FABA
serves the historic Fredericksburg, VA area including the surrounding
counties of Spotsylvania, Stafford, King George, Caroline, and Orange.
Mike King, Associate Director
Ray’s Siding
Taylor Lewis, Associate Director
Lewis Appraisal Services LLC
Bruce Reese, Associate Director
Legacy Engineering
Lisa Wescoat, Associate Director
NSWC Federal Credit Union