Luke Shows - chambermaster.blob.core.windows.net · 2012 Leadership Board 2012 Home Builders Association of West Florida Board of Directors Builder Members Pam Caddell, Gulf+Atlantic

January 2012 • www.westfloridabuilders.com 1

ShowsA Man of Family and Faith Is Prepared for the Presidency

Luke

Home Builders Association of West Florida • January 20122 Home Builders Association of West Florida2

January 2012 • www.westfloridabuilders.com 3www.westfloridabuilders.com 3

2012 Leadership

Board

2012 Home Builders Association of West Florida

Board of Directors

Builder MembersPam Caddell, Gulf+Atlantic Constructors

Brandon Edgar, Joe-Brad ConstructionChad Edgar, Holiday Builders

Renee Foret, Foret and Lundy BuildersJeff Godfrey, Paragon Custom Homes

Darrell Gooden, Gooden HomesRobert Harris, Adams Homes

Doug Henry, Thomas Home Corporation Doug Herrick, Coastal ICF Concrete Wall Systems

Clyde Jolly, Southern Building SpecialtiesRon Mangum, Residential Renovation Company

Scott McCartney, 1st Choice Home ImprovementsBilly Moore, Southern Home & Construction,

Bryan Moore, BRM Residential HomesLorie Reed, DR Horton

Jennifer Rigby, Gleaton & DeMaria Commercial Development

Brad Thompson, Deer Point ConstructionRon Tuttle, Bennat, Inc.

David Teague, Timberland ContractorsChris Vail, Urban Infill Corporation

Thomas Westerheim, Westerheim Properties

Associate MembersAngela Carter, Gulf Power Company

Bret Cornett, ProBuildBill Daniel, Mobile Lumber

Tim Duggins, Duggins ServicesRick Endsley, Builders Specialty SupplyJill Grove, Energy Services of PensacolaTom Hammond, Hammond Engineering

Jim Harris, Coastal Bank and TrustTowana Henry, Keller Williams Realty

Pat Kozma, Jenkins Brick & Tile Company, LLCWilliam Merrill, Rebuild Northwest Florida

Tina Monie, KJM SurveyingChristopher Moorhead, Coastal Bank & Trust

Bernie Mostoller, The Mostoller GroupRic Nickelsen, Whitney National BankDuane Nisewonger, Gateway Lighting

David Redmond, PrimeLendingLee Rider, ABC Supply

Gary Sluder, Gene’s Floor CoveringWilma Shortall, Mortgage America

Doug Whitfield, Doug Whitfield Residential Designer, Santa Rosa Chamber Liaison

Jayer Williamson, Williamson Electrical CompanyBrent Woody, Advanced Roofing and Waterproofing

Ex-Officio Members:Keith Furrow, Pensacola Association of Realtors

Kevin Russell, Russell Home Builders, Custom Builders Council

Natasha Reynolds, Energy Services of Pensacola, Green Building Council Chair

Janice Terrell, Energy Services of Pensacola, Auxiliary Chair

Eric Witt1st Vice President

Kenneth E, Witt Carpentry

Luke ShowsPresident

Shows Construction

Judy GundFinancial Officer

Saltmarsh, Cleaveland & Gund

Newman RodgersTreasurer

Newman Rodgers Construction

Rod Hurston2nd Vice President

Fisher-Brown Insurance

Stephen MoorheadLegal Counsel

McDonald, Fleming, Moorhead

CornerstoneThe official magazine of the

Home Builders Association of West Florida

4400 Bayou Blvd., Suite 45, Pensacola, Florida 32503

(850) 476-0318www.westfloridabuilders.com

Cornerstone is published for the Home Builders Association of West Florida by Nicholson Publishing and distributed to its members. Reproduction in whole or part is prohibited without written authorization. Articles in Cornerstone do not necessarily reflect the views or policies of the HBA of West Florida. Articles are accepted from various individuals in the industry to provide a forum for our readers.

Russ ParrisImmediate Past President

Frameworks, LLC

Shelby johnsonSecretary

Johnson Construction

Steve GeciPast 2nd Vice President

Geci & Associates Engineers

John Hattaway3rd Vice President

Hattaway Home Design

Home Builders Association of West Florida • January 20124

Cornerstone, the monthly publication of the Home Builders Association of West Florida serving Escambia and Santa Rosa Counties, is published monthly, twelve (12x) per year. Send address changes to HBA of West Florida, 4400 Bayou Boulevard, Suite 45, Pensacola, Florida 32503-1910. Cornerstone, is published in the interests of all segments of the home building industry and is distributed to its members and others associated with the HBA of West Florida. HBA of West Florida and Richard K. Nicholson Pub., Inc. does not accept responsibility for, or endorse any statement or claims made by advertisers or authors of any articles. Every effort has been made to assure accuracy of information, but authenticity cannot be guaranteed. No part of this publication may be reproduced without the written consent of Home Builders Association of West Florida, Copyright ©, 4400 Bayou Boulevard, Suite 45, Pensacola, Florida 32503-1910, 850.476.0318. Advertisers and advertorials in Cornerstone do not constitute an offer for sale in states where prohibited by law.

In ThisIssue

Cover StoryLuke Shows a Man of Family and Faith ................................................... 6

Installation Banquet Highlights ............................................... 7-10

Associate of the Year, Natasha Reynolds, Energy Services of Pensacola ....................................................... 7

Builder of the Year, Newman Rodgers of Newman Rodgers Construction ................................................ 7

Photos of Distinguished Guests .................................................... 8

Jack McCombs Honored .............................................................. 9

CORNERSTONE COLUMNS

President’s Message: Shows takes the Reins of the HBA to Become Its 57th President .............................................................. 5

FEATURED STORY

Flawed Appraisals Killing Home Sales, Hampering Housing Recovery ................................................................ 13

FHBA News, the Latest News in Florida .......................................... 14,15

NAHB News: Builders Report Tight Lending Conditions Persists In the Third Quarter ............................................16

ASSOCIATION NEWS

2012 HBA of West Florida Leadership .................................................... 3

HBA Calendar of Events, Mark your Calendar ................................ 10

HBA Auxiliary Council ............................................... 11

HBA Green Building & Remodelers Council News .............................. 12

Green Building January 2012 GMM, January 26th ................ 16

HBA Membership News, Welcome New Members, Thanks for Renewing, Time to Renew, & Don’t Lose Your Membership ................ 17

Spike Club Update .................................................................................. 18

DEPARTMENTS INDEX

Next Issue Deadlines …….........................................……. 4, 11 & 12

Advertisers Index, Web, & Email Addresses ………….....…………… 18Magazine Design & Layout by warren wight creative services

www.ww-cs.com

Cornerstone

David Peaden IIExecutive Director

[email protected]

Alecia OvermanAccounting [email protected]

Amy LordMembership/Marketing Director

[email protected]

Next Issue: February 2012Edit: January 3, 2012

Space: January 17, 2012Materials: January 23, 2012


President’sMessage

Shows Takes the Reins of the HBA to Become Its

57th PresidentEditor’s Note: The below speech was giving by 2012 HBA President Luke Shows at the HBA Installation Banquet on December 15, 2011.

When David Peaden called me three years ago to ask me if I would be willing to serve on the Senior Board, which was a decision that would result in me eventually becoming the presi-dent of the HBA of West Florida, I told him I would agree to do it but he needed to understand that I was not certain I would still be in business when the time comes for me to become president. Well, I am proud to say that as of today I am still in business! The past few years have been tough on most of us but I hope and believe better times are just ahead. I want you to know that I consider it an honor to have the op-portunity to serve as your president and I look forward to working with you all over the next year. I would like to take a minute to acknowl-edge some individuals who have been critical to me being ready to serve in this role. First, I would like to show my wife Joelle a small token of my ap-preciation. (Flowers) Joelle and I have been married almost 21 years and she truly is my best friend. I didn’t realize when we got mar-ried that marriage is really the process of a wife training a husband. I am not sure when the training will be complete but don’t judge her with what you see as she didn’t have much to work with in the beginning! Joelle and I have three children; Emma, Caden and Isabel. They would have liked to be here today, just not enough to miss their school Christmas parties! I also want to acknowledge the for-mer presidents I have served under as a Senior Board Member over the past three years. They are Todd Stafford, Billy Moore and Russ Parris. Each of these men provided me an example of true professionalism and sound leadership that any organization should cherish. It has been a pleasure following their leadership. However, there have been many other members of the association and staff that have impacted me and the HBA in a very positive

manner and the list would be too long for the time allotted. These are folks like Rod Hur-ston, Chris & Steve Moorehead, Ron Tuttle, Gary Sluder, Steve Geci, Judy Gund and of course David Peaden to name a few. I have a feeling I am about to gain an even greater level of appreciation for David, Alecia and Amy and I look forward to working closely with them. I would also like to acknowledge those past presidents that are in attendance today. Thanks to each of you for your prior service and continued support. Today I want to speak to you about

certain things that are important to me. Maybe it is just because I am a simple man but when I am presented with a decision, opportunity or problem I try to look at it with the big picture in mind. I believe in a hierarchy of loyalty when it comes to making decisions and leading my life. My first loyalty is to God, second comes others (which includes my family) and lastly comes me. I am far from perfect but this is what I strive to achieve. When I make deci-sions I look to see if that decision will violate my loyalty to anyone in the hierarchy above me. If it does then it doesn’t deserve further consideration. Also, as your new president I want to share with you a little of what I have learned about leadership over the years. Leadership is so very important but yet so misunderstood in our society. Quality of leadership isn’t about the number of people you lead or a certain style of leadership. What it is defined by is our willingness to make decisions in the best interest of those we are serving. Sometimes

those decisions are popular but a true leader is willing to stand up and lead regardless. I have seen this true leadership over and over during my time serving with the HBA and it is my goal to continue that tradition. When I joined the HBA I had very little idea what all this association does for its members and our industry and community. The HBA, along with FHBA and NAHB fights the good fight every day to head off threats of unnecessary regulation at the local, state and national levels. Left unchecked some of our policy makers, and the special interests they

represent, would strangle our industry and then turnaround and blame us for our failing businesses. Regulations to some degree are needed but in my opinion we passed “needed” a long time ago. I want to encourage each of you to help us recruit members who can provide us with additional support to fight today, and help lead us tomor-row. In addition, our HBA has a long history of taking the lead on com-munity service projects ranging from renovating homes of families in need with our Remodelors Council to mak-ing sure the children of the Lakeview Center are not forgotten with the ef-forts of our Auxiliary Council. I know that we can once again step up to the plate and make a difference in our

community. In closing, I challenge you to put membership first and be a part of our member-ship effort next year. Who do you know right now who is benefiting from the all-important work that we’re doing and isn’t supporting our Association? Ask that person to join. Tell them that their future and our future depend on it. Everything we do at the Home Builders Association of West Florida depends on volunteers. We can’t our accomplish our tasks with a few people, but when we all come together with an ambitious and achievable set of goals, we can produce one of the best years this Association has ever enjoyed. When I look out in this audience today, I see many past presidents, second vice presidents and countless volunteers who have made this Association great. I know that we have a proven past -- and with each of us working together -- I know that we’ll have a promising future. Thank you.

Luke Shows and Family.


CoverStory

A Man of Family and Faith, Luke Shows Life Experiences Prepare Him for the Future

You may know Luke Shows through his business as a custom home builder with Shows Construction, or from the Home Builders Association Board of Directors, where he has been an active member since 2005. But there’s a lot you may not know about Shows. Shows grew up living in a number of places as his father worked construction build-ing power plants which would require his fam-

ily to move after about three years in a town. When people ask Shows where he grew up he generally just tells them, “The South!” Shows graduated from high school in Augusta, Geor-gia and then attended Harding University in Searcy, Arkansas. After graduating in 1989 with a degree in Business Man-agement, Shows joined the Navy and completed officer and flight train-ing at NAS Pensacola, graduating from Aviation Officer Candidate School and Naval Flight Officer training. Shows and his wife, Joelle, a Gulf Breeze native, were stationed in Virginia Beach, Virginia where he served as a Bombardier/Navigator in an A-6 In-truder squadron. Shows completed his service in the Navy in 1999 teach-ing at the NROTC unit at Auburn University where he earned an MBA with a concentration in Con-struction Management.

It was when Shows and Joelle bought their first house while living in Auburn, a fixer-upper, that he realized his passion for construc-tion. “Through the remodeling process Joelle kept pointing out how much I was enjoying

myself,” Shows explains. “She’s the one who suggested I should look into becoming a build-er.” Shows had always dreamed of starting his own business, and he had finally discovered the right direction. When asked what he likes about being a builder Shows is quick to explain that he gets satisfaction from many aspects of the business. “I enjoy being an expert in my field and working closely with my clients and team of contractors to create well-built and energy efficient homes that my clients will take pride in and benefit from for years to come,” Shows explains. Joining the HBA early on, he didn’t really know what to expect out of membership. “To be honest, I didn’t even know how much the HBA does; I just joined on the principle of supporting the industry,” Shows says. “The more I got involved, and the more I learned about what the HBA does for our industry and community the more committed I became to support the service that the HBA provides each of us. During his tenure as President, Shows plans to increase membership by at least ten percent. “I want there to be a strong push for the membership drive,” he explains. “I want to get back some of the members we’ve lost due to the economy.” He also plans on having a great year with the Parade of Homes. Shows believes that the Parade of Homes is one of the best ways for HBA to get our name out and get noticed. “The last two years with the Parade of Homes have been home runs for us, and I want another great year,” he says. But Shows isn’t just a builder and HBA president. He is also the Treasurer for his church, enjoys hunting and fishing (when time allows) and is a devoted husband and father. Of his children Shows says, “There is nothing better than being a dad. I get so much pleasure from seeing our children growing, learning and experiencing life.” He and Joelle have been married for 21 years and have three children: Emma (14), Caden (10) and Isabel (7). Shows and Joelle are active members in their church and are involved with their children’s activities including school, sports and music. “I’m looking forward to a great year and I sincerely hope that the HBA will continue to prosper and be a source of information, training and networking for our industry,” said Shows.

During his tenure as President, Shows

plans to increase membership by at least ten percent.


Installation Banquet

Highlights

Associate and Builder of the Year Awards

Past, Present and Future leaders ushered in a new year of leadership at the Home Builders Association Installation Banquet that was held on December 15th at HBA member New World Landing. HBA members ushered in a new year of leadership with Luke Shows of Shows Construction taking the reins of the Home Builders Association of West Florida. It was certainly a memorable event with many past leaders attending to celebrate the Florida Hous-ing Hall of Fame induction Jack McCombs of McCombs Electric.

Past leaders included:HBA’s first executive officer from 1960-1974 – Mr. and Mrs. John and Eleanor Appleyard. Representing the late J.B. Hopkins who served as the HBA’s Legal Council of 47 years, his wife Ms. Stella Hopkins and their daughters Ms. Holly Sisley and Ms. Terrie Kangham. 1968 HBA President E.B. Williams; Represent-ing 1971 HBA President, and 1977 Florida Home Builders Association President Joe Na-pier, his son and former HBA Board member Philip Napier. 1977 President Max Dickson. 1978 Jim Cronley. Representing her late hus-band and 1990 President Charles Evans, 1982 HBA President Betty Evans. 1983 HBA Presi-dent Carlton Bowers and his wife Eloise. 1985 HBA President Ed Rose. 1986 HBA President Charlie Rotenberry and his wife Ashley. 1987 HBA President Ray Lemon and his wife Pat. Representing the late Mike Green, who served as the HBA Executive Officer from 1976-1982, and 1989 HBA President, Ms. Millie Green and their son Patrick and daughter Kelley. 1991 HBA President John Harold. 1994 HBA Presi-dent Ken Ellzey. 1995 HBA President Collier Merrill. 1998 HBA President Rick Sprague. 2002 HBA President Tom Bell who also served as the HBA Executive Officer from 1982-1997. 2003 HBA President Garrett Walton. 2005 HBA President Doug Sprague. 2008 HBA President Ron Tuttle. 2010 HBA President Billy Moore. 1974 2nd Vice President, who was also the first to serve in that position, Oli-ver Gore. 1988 2nd Vice President Greg Brock. 1992 2nd Vice President Don Suarez. 1993 and 2007 2nd Vice President Doug Whitfield. 2002 2nd Vice President Rod Hurston. 2005 Florida Home Builders Association President Dan Gilmore.

ASSOCIATE OF THE YEARNatasha Reynolds, of Energy Services of Pensacola

BUILDER OF THE YEARNewman Rodgers of Newman Rodgers Construction

Natasha Reynolds has exhibited character, trust and loyalty to the Home Builders Association of West Florida. Reynolds worked extremely hard and spent countless hours working on the behalf of the Green Building Council. Her perseverance has made the Green Building Council one of the best councils in the state. Congratulations Natasha!

Newman Rodgers has truly given of his time and talents for the betterment of the home building industry and the HBA. Rodg-ers contributed to the overall success of the HBA by volunteering for events, meetings, and spearheading the new addition to the Council on Aging’s Adult Day Care Center. He has worn the white hat for the home build-ing industry. Great job, Newman!

Turn The Page For Lot’s More From The Installation Banquet!

The coveted Associate and Builder of the Year Awards are used for the purpose of honoring a person who has done a great job in the past year, and it's also used to honor a person who has consistently made a significant and lasting contribution to the Home Builders Association for over a period of time.



Highlights

Luke Shows address more than 150 attendees at the HBA’s Installation Banquet outlining his plan of action for 2012. Shows is the 57th President of the HBA.

Above: Getting ready for the new year, Luke and Joelle Shows at the Installation Banquet.

Right: Representing the late J.B. Hopkins who served as the HBA’s Legal Council of 47 years, his wife Ms. Stella Hopkins and their daughters Ms. Holly Sisley and Ms. Terrie Langham.

1987 HBA President Ray Lemon and his wife Pat with Mr. John Appleyard and Mrs. Eleanor Appleyard. John served as the HBA’s first executive officer from 1960-1974 – while Eleanor served as the bookkeeper and everything else.

1986 President Charlie Rotenberry and his wife Ashley



Highlights

2002 HBA President Tom Bell who also served as the HBA Executive Officer from 1982-1997 with 1994 HBA President Ken Ellzey, HBA Board member Bernie Mostoller and 1968 HBA President E.B. Williams at the Installation Banquet.

The Home Builders Association of West

Florida Salutes

JACK McCOMBS

In a 48-year career, Home Builders Association of West Florida member Jack McCombs of McCombs Electric is one of the Florida Home Builders Association’s most widely honored mem-bers. A past HBA and FHBA Associate of the Year and a member of the National Hall of Honored Associates, he helped develop Florida’s first energy code and made history in 1985 as the first associ-ate member from Florida to serve on the Board of Directors of the National Association of Home Builders (NAHB). Inducted into the Florida Housing Hall of Fame October 22, 2011.HBA Past Presidents from left: 1968 E.B. Williams, 1977 Max Dickson, 1982 Betty Evans,

1983 Carlton Bowers, and 1987 Ray Lemon.

1978 HBA President Jim Cronley after say-ing a few kind words about his longtime friend Jack McCombs, congratulates him on his Florida Housing Hall of Fame accom-plishment.



Highlights

Millie Green, wife of the late Mike Green, with Miller and Jack McCombs. Mike Green is one of the most beloved people in the HBA serving as its Executive Director from 1976- 1982 and 1989 President. He is truly missed.

1995 HBA President Collier Merrill, HBA Executive Director David Peaden and former HBA Board Member Philip Napier, who represented his father, 1971 HBA President and 1977 Florida Home Builders Association President Joe Napier, at the Installation Banquet.

Mark Your Calendar!

Auxiliary CouncilMeet on the 2nd Tuesday of each month.Custom Builders CouncilMeet Quarterly starting in January.Green Building CouncilMeet on the last Wednesday of each month.Membership CommitteeMeet on the 2nd Thursday of each month.Remodelor’s CouncilMeet on the 1st Thursday of each month.Board of DirectorsMeet on the 3rd Tuesday of each month.

January 10th General Membership Meeting Featuring Rob Hale of MarketGraphics Southeast January 18th Membership Committee Meeting at HBA January 25th Green Building Council Meeting at HBAFebruary 8th Green Building Council Presents Dr. Joseph Lstiburek of Building Science Corp at UWFFebruary 14th Auxiliary Council MeetingFebruary 15th Membership Committee Meeting at HBAFebruary 16th General Membership Meeting at ESP

Interested in sponsoring a General Membership Meeting?Contact Amy Lord at 850-476-0318 for more information!

For further event details, please visit our website:

www.westfloridabuilders.com Please note that dates and locations are subject to change.

The Executive Committee, Board of

Directors and Staff of the

HBA of West Florida, wishes

members and their families a Happy

New Year!


HBA CouncilNews

It was a very productive year for the HBA’s Auxiliary Council under the leadership of Angie Cooper of Gulf Power Company. Even under a strained economy, the council was able to provide assistance to many local organizations in need. Reflecting on the year, Cooper said, “As usual, I am so proud to be associated with such a wonderful group of women. Together we accomplish so much for so many. This year we raised funds to cook dinner for over 100 homeless people, gave a $1,000 donation to the Gulf Coast Kids House, gave almost 50 children of the Lakeview Cen-ter a Spring party, a Christmas bowling party and bought Christmas presents for them. We

Seated L to R: Amber Morris, Hilary Morris, and Madeline Hurd Standing L to R: Lindy Hurd, of RELS Title; Michelle Bean of Hometeam Pest Defense; Carol Beckworth of Celeb-rity Homebuilders; Rebecca Mullen of Beach Community Mortgage; Debbie Sanspree of Keller Williams; Brenda Caulkins of Surety Land Title; Linda Salter of Surety Land Title; Angie Cooper of Gulf Power, and Janice Terrell of Energy Service of Pensacola.

The Auxiliary Council of the Home Builders Association of West Florida is a dynamic and diverse group of professional women in the building industry in Northwest Florida. The council meets monthly on the 2nd Tuesday at 11:30 a.m. If you are interested in becoming a member, please contact Amy Lord at [email protected] for more information.

also plan to make a donation for a new sign at Workman Middle School next year. It is always my pleasure and the utmost honor to lead my Auxiliary “Sisters” in these accomplishments. It just goes to show you that ‘Teamwork can make a Dreamwork!’” Incoming 2012 council president is Janice Terrell of Energy Services of Pensacola. Terrell has been with ESP for 19 years and on the Auxiliary Council for 7 years. Terrell is looking forward to an “awesome” 2012 for the Auxiliary Council. “It is time for the council to see some changes in 2012 so that we can continue to improve and do great things for the HBA and for our community,” Terrell said. “Being on the council requires some work and a whole lot of heart, but changing one child’s life makes it all worthwhile.”

Incoming 2012 council president is Janice Terrell of Energy Services of Pensacola.

To advertise, call Richard Nicholson

[email protected]

NEXT CORNERSTONE

ISSUE: February 2012


HBACouncilNews Education News

On Thursday, December 16 the HBA Remodelor’s Council hosted an OSHA Fall Protection Semi-nar. Over 40 people attended this free seminar. George Middleton with NAHB taught attendees about new OSHA fall protection requirements and the penalties for not complying.

Instructer George Middleton! A great crowd at the OSHA Fall Protection Seminar.

The Green Building Council of the Home Builders Association of West Florida wishes you a prosperous 2012! We are starting out the New Year with an amazing event, FREE AND OPEN TO THE PUBLIC! Dr. Joseph Lstiburek from Building Science Corporation (BSC) will be pro-viding a seminar on Wednesday, February 8th from 12:00pm to 5:00pm at UWF’s Conference Center. He will be sharing with us his extensive knowledge in the complexity of today's building technology. Join us as we learn more about building science and the interaction between the various materials, products and systems used in building construction, the oc-cupants of these buildings, and the environments in which they are located. BSC uses its in-depth understanding of building science to provide leadership and services in the areas of building performance and durability. Our community can take advantage of this great opportunity by either becoming a sponsor or by just attending the seminar. If you are interested in participating, call the HBA office at 850-476-0318.

Dr. Joseph LstiburekBuilding Science Corporation

UWF’s Conference CenterWednesday, February 8th

12:00 pm to 5:00pm

To advertise, call Richard Nicholson

[email protected]

NEXT CORNERSTONE

ISSUE: February 2012

• OPEN TO THE PUBLIC • NO FEE TO ATTEND

• LUNCH PROVIDED • AIA CREDITS AVAILABLE


FeatureStory

Flawed Appraisals Killing Home

Sales, Hampering Housing Recovery

One out of three builders are reporting losing signed sales contracts during the preceding six months because appraisals on their homes are less than the contract sales price, according to a recent nationwide survey conducted by the National As-sociation of Home Build-ers (NAHB). “The inappropriate use of distressed and foreclosed sales as comparables in determining new home values is needlessly driving down home prices, killing home sales, causing more workers to lose their jobs and delaying a housing and economic recovery,” said NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. Too often, due to faulty appraisal practices, brand new homes with sparkling appliances and interior upgrades get compared to a distressed property that has been sitting va-cant and in disrepair. The result, in many cases has been that the new house winds up getting appraised at less than the cost of construction. That is precisely what is occurring in today’s marketplace, according to the NAHB survey, where a full 60 percent of respondents reported they were experiencing appraisals coming in below their contract sales price. Of those reporting that they had encountered this problem, 53 percent said the appraisal amount was actually less than the cost of building the home. “This is not only unfair and unrea-sonable, but it perpetuates the cycle of declin-ing home values, drives more home owners underwater, harms local economic activity and acts as an obstacle to the recovery of the hous-ing market,” said Nielsen. These appraisal practices are a major contributing factor to the current acquisition, development and construction (AD&C) lending crisis that has choked off credit for home build-ers and threatens to prolong the current housing downturn. Falling appraised values for land

and subdivisions under development have led some financial institutions to stop lending to developers and builders, to demand additional equity and even to call performing loans. Since Sept. 2009, NAHB has held four apprais-al summits in Washington with representatives of federal banking regulators, the appraisal industry, the housing finance industry, the real estate and housing sectors and others to find solutions that will allow appraisers to develop

realistic valuations based on sales that are truly comparable. The need to give top prior-ity to addressing the complexity of property valuations in distressed markets and impediments to the flow of appro-priate information

on homes between appraisers and interested parties was discussed during the most recent summit, which occurred on Oct. 19. “Major reforms in appraisal practices and oversight are needed to ensure that apprais-als accurately reflect true market values and don’t contribute to price volatility or harm as-piring home owners and move-up buyers,” said Nielsen. “We will continue to work with all stakeholders in this debate to find solutions.” With the decline in home prices appearing to have ended or be coming to an end in most parts of the country, resolving the appraisal and credit crunch issues remain a top priority for the association. NAHB’s latest Improving Markets Index has shown modest signs of improvement in scattered housing markets where employ-ment is gaining and distressed properties are not as numerous. New-home construction stands ready to serve as an engine for economic recovery. Building 100 single-family homes creates more than 300 full-time jobs and provides $8.9 mil-lion in federal, state and local tax revenues. “Resolving inappropriate appraisal practices and restoring the flow of credit to home builders will not only help to put America back to work, it will provide badly needed tax revenues that is essential for local governments to support schools, police and firefighters in communities across the land,” said Nielsen.

“New-home construction stands ready to serve as an

engine for economic recovery. Building 100 single-family

homes creates more than 300 full-time jobs...”


FHBANews

No Link to Drywall, Health ProblemsFederal officials testified last week that there is not enough evidence to prove defective drywall is a significant health hazard. Affected homeowners have claimed that the drywall was responsible for numerous ailments but health and safety officials told a U.S. Senate panel that an analysis shows the levels of toxic chemicals emitted by the drywall aren’t high enough to indicate a link to health problems. About 4,000 families – 56 percent from Florida – have complained about the potential health effects of the drywall to the Consumer Product Safety Commission, indicating that it was the source of nosebleeds, respiratory problems, and pet deaths. Most of the impacted homes were built after the 2005 hurricanes in Florida, which led to product shortages and most reli-ance on drywall from China. Both Florida’s U.S. Senators have a role in the issue with Bill Nelson sponsoring last week’s Senate hearing and Marco Rubio suggesting legislation that will protect the credit ratings of individuals whose homes lost value because of Chinese drywall.

SEBC Committee Plans 2012 EventA team of dedicated housing, construction and marketing professionals is preparing to make the 2012 Southeast Building Conference (SEBC) the best in the event’s 34-year history. The SEBC, sponsored by the Florida Home Builders Association (FHBA), is set for July 26-28, 2012 at the Orange County Conven-tion Center and will offer an impressive array of exhibits, education, and networking events. The SEBC Committee is led by Co-Chairs Ray Puzzitiello of Puzzitiello Builders in West Palm Beach and Tony Martin of Wells Fargo, Orlando. The 2012 committee members are: builders Greg Hardwick and Nathan Cross, Orlando, and Richard Reynolds, Bradenton; marketing pros Jared Weggeland, Lakeland; Robyn Bonaquist, Naples; and Kelly Bossetti, Clearwater; remodeler Stephen Gidus, Winter Park; supplier Ted Brase (Sherwin-Williams, Sarasota); trades professional Bill Smock (Ga-tor Plumbing, Bradenton); and sales representa-tive Ann Hagen of Bonded Builders Warranty Group. Lynne Edwards is the Vice President of Exposition Management for FHBA and over-

sees the administration of SEBC. For booth space, contact Edwards at [email protected] and for more on SEBC, visit www.sebcshow.com.

State Approves New NNC CriteriaThe Environmental Regulations Commission (ERC) unanimously approved proposed rules by the Florida Department of Environmental Protection (DEP) to set numeric nutrient crite-ria (NNC) for Florida water bodies in Decem-ber. Nutrients are considered to be nitrogen and phosphorous. The ERC approved revisions to Chapter 62-302 (Surface Water Quality Standards) and Chapter 62-303 (Identification of Impaired Surface Waters). These rules (not yet effective) now contain NNC standards for lakes, flowing waters (streams), springs, and es-tuary specific criteria for several estuaries. The new rules were drafted as an alternative to the US Environmental Protection Agency’s (EPA) NNC that were promulgated for Florida’s lakes and flowing waters in November of 2010. If approved by the EPA, the state NNC will replace the federal NNC. Florida Home Build-ers Association General Counsel Keith Hetrick of the Broad and Cassel law firm applauded the ERC approval of the rules but cautioned that there are still hurdles to overcome. “Now that the ERC has approved the rules, they still need to be ratified by the Florida Legislature and approved by the EPA,” said Hetrick. “And we wonder whether the EPA will really leave the State of Florida, as it should if it approves Florida’s rules.”

Green Builder® Media Has ‘VISION’Green Builder Media, North America's leading media company focused on sustainable living, recently announced its plans to construct the VISION House, a green home exhibit in IN-NOVENTIONS located in the heart of Epcot® at Orlando’s Disney World. Inspired by Green Builder Media's VISION House demonstra-tion home series, the experiential exhibit will highlight the major themes of whole-home automation, energy efficiency, water conser-vation, indoor environment quality, security, multi-generational design, and durability. Visitors will learn that each house is a set of in-teractive systems, and that proper management of those systems will maximize comfort and minimize operational costs. "We are thrilled to have the opportunity to work with Disney to demonstrate to homeowners that small behav-ioral modifications can make big differences in their environmental impact,” said Sara Gutter-man, CEO of Green Builder Media. For more information about Green Builder Media, visit www.greenbuildermag.com or contact Heather Wallace at [email protected].


FHBANews

Unemployment Comp Under ReviewFlorida lawmakers are considering changes to the state’s unemployment compensation rules. A proposed committee bill filed last week by the House Business and Consumer Af-fairs Subcommittee seeks mandatory training for unemployment compensation beneficiaries who score below “minimum proficiency” on a skills test portion of the benefits application process. It also extends the statute of limita-tions for the state to seek compensation and prosecute unemployment compensation fraud, and makes it easier to garnish wages of those found guilty of fraud. Also, employers would not have to pay into the system for layoffs related to man-made disasters such as oil spills and terrorist attacks. The bill would also rename the “Unemployment Compensation Law” the “Re-employment Assistance Program Law,” changing all references to “unemploy-ment compensation” to “re-employment assis-tance.” Florida Governor Rick Scott is pushing the renaming and the proposed changes to help alter the mindset of Florida’s unemployment compensation program. The proposal also is designed to help slow and reverse Florida’s rising unemployment compensation tax, the minimum rate of which will rise to $171.70 per employee next year, up from $8.40 in 2009. The maximum rate will increase from $378 to $459 per employee.

Josie Ferraioli New Panama City EOJosie Ferraioli has been named the new Execu-tive Director of the HBA of Panama City-Bay County, according to HBA President Garrett

Anderson of Anderson Construction Company of North Florida. “Josie brings a high level of professionalism and energy that will be a tre-mendous asset to our association and member-ship,” said Anderson. “There is no doubt that her previous experience with local community organizations and media will strengthen and support our vision of meeting the diverse needs of our membership.” Ferraioli relocated to Bay County in 1997 from Maryland, where she had graduated from the University of Maryland and served in the U.S. Navy. Since moving to Panama City, she has owned her own retail business; served as Vice President of Com-munications at the Panama City Chamber of Commerce; handled public relations/special events for a local TV station; and was respon-sible for communications and marketing for a

major residential development. “Josie knows the formula for organizations to grow in size and influence,” said Anderson. “Working with our members, she’ll have a positive impact on our HBA.”

The Executive Committee, Board of Directors and Staff of the

HBA of West Florida, wishes members and their families a

Happy New Year!


NAHBNews

Builders Report Tight Lending Conditions Persist

in the Third Quarter The commercial banks on which home builders and devel-opers largely rely to finance their projects continued in this year’s third quarter to hold tight reins on acquisition, development and construction loans (AD&C), ac-cording to the most recent quarterly survey by NAHB’s Economics and Housing Policy Group on the availability of credit to the housing industry. More than half of the single-family builders and developers surveyed by NAHB indicated they had decided to put any new construction or land activity on hold until the financing climate improves. Freeing up credit for housing remains a top priority for NAHB, which has been work-ing to obtain a legislative solution on Capitol Hill. On May 5, Reps. Gary Miller (R-Calif.) and Brad Miller (D-N.C.) introduced H.R. 1755, the Home Construction Lending Regulatory Improvement Act of 2011, to ad-dress specific regulatory impediments to the flow of credit needed by home builders. That measure currently has 80 cosponsors, and NAHB is seeking a companion bill in the Senate. Of the minority of builders who sought AD&C loans in the third quarter, few saw improvement in the lending climate over the previous quarter and a significant share saw conditions continue to deteriorate. Forty-eight percent of those polled said they had looked for financing for single-family construc-tion in the third quarter. Of those, only 8% said the availability of financing for single-family projects was getting better (compared to the previous quarter), 61% said it was unchanged and 31% reported it had worsened. An index by the Federal Reserve based on quarterly surveys of senior loan officers around the country has been paint-ing a somewhat rosier picture than NAHB’s ongoing series on AD&C lending. On balance, the Fed survey showed that credit conditions for real estate had eased slightly in the third quarter of 2011 and throughout the year. The latest research from NAHB shows that more home building activity has moved to alternative sources of financing in response to the tighten-ing, even as commercial banks have remained the most important source of credit.

This has particularly been the case for land acquisition loans, where banks were the primary source for 60% of third-quarter loans, down from the 80% range when that share first started declining at the start of 2009. The NAHB study found that private equity funds were cited as the primary source of credit by 23% of the developers seeking loans for land acquisition in the third quarter. Survey respondents who indicated that lenders were clamping down further on credit avail-ability in the third quarter noted several ways in which the tightening was occurring:• 77% said lenders were reducing the

amount they were willing to lend. • 75% reported seeing the allowable loan-

to-value ratio being lowered. • 66% found lenders who were not making

any new real estate loans. • 63% said they encountered lenders who

were requiring personal guarantees or col-lateral not related to the project.

• Third-quarter survey results showed that tight lending was least discouraging for multifamily rental develop-ers.

• Thirty-eight percent of them said they were putting their multifam-ily projects on hold because of the scarcity of finance, com-pared to a 54% freeze on new single-family construction, 59% for land acquisition and 60% for land development.

• Between 20% and 33% of the respondents to the AD&C survey said that lenders were tightening terms and conditions on outstand-ing production loans.

Tightening was most common for outstanding single-family construction loans (33%) and least common for multifamily rental and condominium construction loans (20% each). In 84% or more of the cases, the out-standing AD&C loans were performing before the lender took action to tighten them. By far the most common way lenders were tightening up on outstanding production loans in the third quarter was requiring a partial downpayment based on a re-appraisal (reported by 66% of respondents) and demanding ad-ditional assets as collateral (64%). Lenders most often told builders they were tightening on loans because the regula-tors were forcing them to do so. Sixty-eight percent of those surveyed said they were given this reason for restrictions on new loans and 52% heard it was the reason for tightening an outstanding loan. For more information, email Rose Quint at NAHB, or call her at 800-368-5242 x8527.


Builder & Developer MembersBennat, Inc.

Castner Construction

Columbia Construction, LLC

Frameworks, LLC

Henry Company Homes, Inc.

Jansen Quality Construction, Inc.

Johnson Construction of Pensacola, Inc.

Associate MembersAdvanced Roofing and Waterproofing

B & C Nursery, Inc.

Bright House Networks

Coastal Bank and Trust

Cornerstone Mortgage Solutions, LLC

Cort Business Services

Defined Interiors, Inc.

Duggins Services

Dunaway Paint & Pressure Washing, Inc.

Gateway Lighting and Design

Graniteworx

Gulf Power

Milton Truss Company

Molton, Allen & Williams, LLC

Panhandle Grading & Paving, Inc.

Pensacola Association of Realtors

Prime Lending, A Plains Capital Co.

Roofers Mart Southeast, Inc.

Vince Whibbs Automotive Group

West Florida Cabinets, Inc.

THANKS FOR RENEWING!

Ferguson Enterprises, Inc.

Fisher-Brown Inc.

Gene’s Floor Covering

Glenn H. Lubel LLC

Gulf Atlantic Constructors, Inc

Holiday Builders

Mitchell Homes

Mortgage America Inc.

Paragon Custom Homes / Celebrity Homes

PROBuild

RELS Title

Russell Home Builders

Southern Building Specialties, Inc.

Timberland Contractors, Inc.

TIME TO RENEWDec. 2011 Renewals (Renewal invoice to be mailed 3rd week of Nov.) Membership

News

DON’T LOSE YOUR MEMBERSHIP(You still have time to renew)

OCTOBER EXPIRATIONSDeGraaf Systems, Inc.

Jones Flooring America

Outer Spaces, LLC

Verizon Wireless

NOVEMBER EXPIRATIONSBlueLinx

Boise Cascade

Coastal Insulation Company

D & M Truss Company, Inc.

Flounlacker Law Firm, P.A.

Merrill Land Company

Pete Moore Automotive Team

Premier Termite & Pest Control, LLC

ProClean Restoration & Cleaning

ProSource of Pensacola

Reliable Land Title Corporation

Sessions Contractors Group, Inc.

Stone Interiors, LLC

The Vaughn Financial Group

Waters General Contractors, Inc.

Woodworth Services, Inc.

Builder & Developer MembersNone to Report

Associate MembersK. W. Cowles - Design & Cabinet Division

Katheryn Cowles

8826 N. Davis Hwy #3

Pensacola, FL 32514

T: (850) 607-2615 F: (866) 360-6159

[email protected]

www.kwcowles.com

WELCOME NEW MEMBERS

If you do business with

or know anyone in

the “Don’t lose your

Membership!” section,

please give them a call

and reinforce the value

of membership as well

as the importance

of Members Doing

Business with Members.

For future upcoming events, please call the HBA office at

850.476.0318 and view the calendar on

page 5.

Thank You!


Advertiser’sIndex Alpha Closets and Company 2

[email protected] www.AlphaCloset.com

Anchor Pest Control 19850.435.7696dana@anchorpestcontrol.comwww.AnchorPestControl.com

Bonded Builders Home Warranty 12800.749.0381, ext.800www.bondedbuilders.com

Coldwell Banker, Glenn Lubel 18850.677.8040www.GlennLubel.com Energy Services of Pensacola 19850.436.5050www.espnnaturalgas.com

FHBI 15 888.513.1222www.fhbi.com

Gulf Power Back Cover850.505.5338www.GulfPower.com

Norbord/Solarbord 2www.SolarbordOSB.com

warren wight creative services 14407.920.1478www.ww-cs.com

Advertiser’s IndexOliver Gore 111.5William “Billy” Moore 102

Green Spike 50 CreditsRicky Wiggins 90 Doug Sprague 79.5Ron Tuttle 76.5John Harold 76David Holcomb 71.5Kenneth Ellzey, Sr. 60.5 Wayne Underwood 58.5Millie Carpenter 56.5Chris Pate 55.5Kevin L. Ward 55.5 Paul Stanley 54Tina Monie 50

Life Spike 25 CreditsWest Calhoun 48.5Bob Price, Jr. 48.5Wilma Shortall 43.5Eddie Zarahn 38Thomas Westerheim 37Darrell Gooden 35Garrett Walton 28.5Russ Parris 26

Blue Spike 6 CreditsJames Dillaha 21.5Doug Herrick 18.5John Hattaway 18.5Ed Wonders 18 Newman Rodgers IV 18Keith Swilley 17.5Jim Harris 17Doug Whitfield 16 Steve Moorehead 15Todd Stafford 14.5 Michelle Bean 12Dean Williams 10.5Towana (Rudd) Henry 10 Brent Woody 8 Beth Shoemaker 7Bernie Mostoller 7Bret Cornett 7

If you would like to join the

Spike Club or Desire

Additional Information,

please contact Alecia Overman

(850) 476-0318

In construction, a spike is a steel object that is essen-tial to making a building strong. As in construction, the HBA of West Florida sees a Spike as someone that works to keep our association strong. Spikes work on the recruitment and retention of members in addition to keeping members active with the association. Anyone is eligible for Spike status. On Spike credit is awarded for each new member recruited and an additional credit is awarded for that new member’s renewal on or before their anniversary date. If you help to retain a member, you are eligible to receive a half point for each member.

Spike Club LevelsSpike Candidate 1-5 creditsBlue Spike 6-24Life Spike 25-49Green Spike 50-99Red Spike 100-149Royal Spike 150-249Super Spike 250-499Statesman Spike 500-999Grand Spike 1000-1499All-Time Big Spike 1500+

Spike Club Members and their credits as of 10/01/2011

Super Spike 250 CreditsHarold Logan 499.5Rod Hurston 400.5Jack McCombs 272.5

Royal Spike 150 CreditsMike Blanton 203.5Ron Anderson 198.5Edwin Henry 193Rick Sprague 189Carlton Bowers 160.5Bob Boccanfuso 159Betty Evans 153.5

Red Spike 100 CreditsThomas Kennedy 145Collier Merrill 129Alan Brock 127Lee Magaha 124.5Don Suarez 117Dan Gilmore 113.5



Documents

Luke Shows - chambermaster.blob.core.windows.net · 2012 Leadership Board 2012 Home Builders Association of West Florida Board of Directors Builder Members Pam Caddell, Gulf+Atlantic