Friday, June 20, 2008

SBJ Parade of Homes Feature

This week's issue of Springfield Business Journal is its real estate special issue, with many features on the 2008 Parade of Homes, and several HBA members. Over the next few days, we will highlight these SBJ stories on this page. Today, read SBJ's take on the unprecedented variety in the 2008 HBA Parade.

2008 Parade of Homes builds on variety

The Home Builders Association of Greater Springfield has been showcasing homes for more than 50 years through the annual Parade of Homes, but this year, variety is the key.


The 2008 Parade of Homes, slated for 1–6 p.m. June 20–22 and June 27–29, features 27 homes from Marshfield to Blue Eye, with prices ranging from $145,000 to $950,000. Click here for a guide to the parade, complete with photos, descriptions and directions for each stop.


“This is probably the parade that covers the most area,” said HBA Operations Manager Charlyce Ruth. “And it’s probably our largest price range of homes.”


The fact that there are so many homes on the market isn’t necessarily a reflection of slowed market conditions, Ruth said.


“More than half (of the parade homes) are already sold, and two already have home-owners living in them,” she said. “Everybody knows the numbers are down, but we’re still a strong area. Our builders are still working hard, and they’re still building and remodeling beautiful homes.”


Longtime HBA member Trent Cowherd of Cowherd Construction is a first-time Parade of Homes participant this year, showing a home in Republic that has nearly 2,000 square feet and is priced at $189,900.


He said he participated in a spring showcase about 10 years ago and got quite a bit of exposure. With additional inventory this year, he decided it was the right time to participate in the parade.


“We think we can show a lot of house for the dollar,” Cowherd said.


Something almost new


While remodeled homes have appeared in previous parades, two on this year’s route are unusual because of their proximity to downtown.


Both remodeled entries are in the West Central Neighborhood and are the work of Jack Pugh and David Rhodes of B’s Renaissance Renovations.


One of the homes was built in the 1890s, Pugh said, but it’s completely new in almost every way.


“We tried to do something that’s both new and fresh, but also pays tribute to the roots,” Pugh said.


Parade versus fuel costs


Ruth said it’s difficult to judge how the combination of higher gas prices and an expanded parade route will affect turnout, but she doesn’t expect much impact.


She said the HBA gets phone calls asking about the parade as early as January, and she’s heard of at least three people who come from out of state, from as far away as Colorado and Florida, planning their vacations around the parade.


“If people are willing to fly in from out of state, I think we’ll see people come out locally,” she said.

Thursday, June 12, 2008

KSMU (91.1 FM) Reports Launch of HBA Green Building Podcast

June 2nd, 2008 Green Podcasts Provide Information on Building Green: A new podcast produced in Springfield will give tips on how to make your home or business more green. KSMU's Missy Shelton reports.


To Listen Click Here


You’ve probably heard a lot about “green building” and making your home more “green.” A new podcast produced in Springfield is aimed at educating the public about specific ways to make homes and businesses more environmentally friendly. Matt Morrow is Executive Director of the Home Builders Association of Greater Springfield. He says his organization’s podcasts will offer some practical tips.


Morrow says this week’s podcast will focus on energy efficient insulation methods.


Information on the podcasts is online at Springfieldhba.com

Wednesday, May 28, 2008

KY3: Trading Houses Can Help Home Buyers Navigate Housing Market

Last night (Tuesday, May 27, 2008) KY3's Cara Restelli reported in her "Contact KY3" segment about innovative ways buyers and sellers are working with one another to make real estate transactions in today's sometimes challenging housing market. The story highlights the practice of trading houses, an occasionally workable solution in which a builder or other seller is willing to accept their buyer's home as partial payment for the home the buyer wishes to purchase. In the right circumstances, this practice can help builders and other sellers overcome today's buyers' most significant mental hurdle: "But what if I can't sell the house I already own?"

In this news story (below), two HBA members shed light on the practice. Realtor Jim Bolin (Carol Jones Realtors) and builder Terry Ozborn (Ozborn Homes) help explain how the process can work.

Friday, May 23, 2008

Springfield News Leader: Task force tackles county land use

On Friday, May 23, the Springfield News Leader reported on a meeting of a diverse group of stakeholders to make recommendations to Greene County officials regarding development of a new land use plan. The Home Builders Association of Greater Springfield is one of the key stakeholders in the advisory group. Here's the news story, which appeared on the front page.

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