BRI News

News

Builder Confidence “Holds Firm” According to NAHB Report

Current Market Conditions Component rose two points from the previous quarter to 55 according to a recent NAHB report. ❖ Major Additions and Alterations increased four points to 53;  ❖ Minor Additions and Alterations and the Home Maintenance and Repair  Components both held steady at […]

New Rent Guidelines Announced

*Guidelines for Renewal Leases between October 1, 2019 and September 30, 2020* 1-Year Lease Term: 1.75% 2-Year Lease Term: 2.75% No discussion was held by the board related to Guideline increases where the Owner does not provide heat or hot water. We will update you […]

Supply-Side Headwinds Limiting Single Family Gains in 2019

While speaking at the NAHB Home Show in Las Vegas, Chief Economist Robert Dietz stressed that a chronic lack of construction workers, shortage of buildable lots, onerous regulations, tariffs on lumber and other key building materials as well as a slow growth in acquisition, development and […]

Another Successful Golf Outing for the BRI

The weather was questionable early on but it turned out to be a perfect day for golf. This was our 2nd year at the beautiful GlenArbor Golf Club where the scenic view and the floating green competition made it more enjoyable. Click this link for […]