The Nail - July, 2012

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HBAMT - 9007 Overlook Blvd., Brentwood, TN 37027Phone: (615) 377-1055 | Fax: 377-1077

Email: [email protected]

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July 2012 The NAIL 3

The official magazine of Home Builders Association

of Middle Tennessee

PresidentDan Strebel

Vice PresidentJames Franks

Secretary/TreasurerMichael Dillon

Executive Vice PresidentJohn Sheley

Editor and DesignerJim Argo

StaffConnie NicleyPat Newsome

THE NAIL is published monthly by theHome Builders Association of MiddleTennessee, a non-profit trade associationdedicated to promoting the Americandream of homeownership to all residents ofMiddle Tennessee.

SUBMISSIONS: THE NAIL welcomes manuscripts and photos related to theMiddle Tennessee housing industry forpublication. Editor reserves the right to edit due to content and space limitations.

POSTMASTER: Please send addresschanges to: HBAMT, 9007 OverlookBoulevard, Brentwood, TN 37027. Phone: (615) 377-1055.

THE

NNAAIILL

CONFERENCEROOMS AVAILABLE

Need space for an upcoming meeting, seminar or special event?

Call the Home Builders Association andreserve one (or both) of the spacious,first-floor conference areas. Located inthe heart of Brentwood at the HBA’sfirst-class office building, each room

makes an ideal venue for both businessand social engagements alike.

BoardroomMembers - $350*Non-members - $600*

ClassroomMembers - $250*Non-members - $500*

Rooms are reserved on a first-come,first-serve basis. Call (615) 377-1055

for availability and reservation information.

*Each room requires a deposit of $100 (refundable) andhalf the amount of the rental fee due prior to date of

occupancy. Boardroom furniture may not be taken fromthe room or rearranged.

The Home Builders Association of Middle Tennessee9007 Overlook Blvd., Brentwood, TN 37027 615/377-1055 Fax: 377-1077


FEATURES8

Membership Mixer at BlackJack Cove Marina

The membership committee hosted a SunsetMembership Mixer June 14 at the Black Pearl

Restaurant at Black Jack Cove Marina.

10Four qualifying rounds are

down, one to go prior to thisfall’s Grand Finale

Round four of the 2012 Bass Trail was heldat Mason’s Boat Dock last month. We’ve got all the team weights and tournament

points leaders listed on page eleven.Download your registration form on page 15

to join the tournament.

DEPARTMENTS6

News & Information

13SPIKE Club Report

14July Calendar

14Chapters and Councils

ON THE COVER:The Piedmont Natural Gas Bass Trail Tournament

closes the book on all qualifying rounds in 2012 whenthe July 17 round at Bull Creek Marina wraps. See page

ten (10) for more details.

6 The NAIL July 2012

NEWS&INFO

New-Home sales rise 7.6 percentin May

At the Dickson County Chapter’s May meeting with HBAMTLegislative Chairman Sam CCarbine, Mitzi SSpann andChapter President Mark DDenney. Carbine spoke to atten-dees about recent legislative activity, including the asso-ciation’s much lauded victory in preventing fire sprinklermandates (with the passing of SB2492/HB2639).

Johnny MMutina, Sylvania, talks with Metro/NashvilleChapter President John WWhitaker prior to the chapter’sJune meeting at the HBAMT. Mutina spoke to the chap-ter about recent lighting legislation, including new bulbrequirements and the bulbs that will need replacing.

MetroStudy’s Jason BBrown (standing) presented a“Housing Market Update and Forecast” at the Junemeeting of the Sales and Marketing Council. Specialthanks to Well Fargo Mortgage for sponsoring themeeting.

Sales of newly built, single-family homesrose 7.6 percent to a seasonally adjustedannual rate of 369,000 units in May,

according to newly released data from HUD andthe U.S. Census Bureau.

“The relatively strong increase in new-homesales this May is an indication that more potentialhome buyers are being drawn to the market bytoday’s excellent mortgage rates as well as firm-ing conditions in some local economies,” saidBarry Rutenberg, chairman of the NationalAssociation of Home Builders (NAHB) and ahome builder from Gainesville, Fla. “In addition,more people are recognizing the benefits that newhomes can provide beyond what’s available in the

existing housing stock in terms of energy effi-ciency, updated technology and other features.”

“May’s sales report is a welcome sign thatthe market has returned to a more solid growthpath following lackluster reports in March andApril, and is in keeping with our expectations forcontinued, steady improvement through the endof this year,” said NAHB Chief Economist DavidCrowe. “While the current sales rate remains lowby historical standards and continues to be con-strained by challenges related to credit availabil-ity for builders and faulty appraisals, the ongoingdecline in the month’s supply of new homes willnecessitate additional construction in certainmarkets going forward.”

Regionally, new-home sales were mixed inMay. While the Northeast and South posted solidgains of 36.7 percent and 12.7 percent, respec-tively, the Midwest and West posted respectivedeclines of 10.6 percent and 3.5 percent.

The inventory of new homes for sale wasalmost unchanged at a low level of 145,000 unitsin May, reflecting a historically slim, 4.7-monthsupply at the current sales pace.

The increase is an indicationthat more potential home buyers are being drawn to themarket by today’s excellentmortgage rates and firmingconditions local economies.


Single-family housing production increasedfor a third consecutive month and builderspulled more permits for both single- and

multifamily construction in May, according tonewly released figures from HUD and the U.S.Census Bureau. The data reveals that the season-ally adjusted annual rate of single-family hous-ing starts rose 3.2 percent to 516,000 units – thebest pace since December of 2011.

“This report is a good sign that buildersare cautiously moving to replenish theirdepleted inventories of single-family homesin response to increasing buyer demand,” saidBarry Rutenberg, NAHB chairman. “In cer-tain housing markets across the country, themomentum toward recovery is graduallybuilding, though tough credit conditions andinaccurate appraisal values continue to weighdown that progress.”

“The latest data provides evidence of the kindof slow but steady growth thatwe expect to see in housing pro-duction through the end of theyear, and shows that housingcontinues to regain strengthregardless of some weakening inother parts of the economy,” saidNAHB Chief Economist DavidCrowe. “Particularly encourag-ing are the gains in permitissuance posted in both the sin-gle-family and multifamily sec-tors in May, which are indicativeof builders’ intentions to startnew projects in the comingmonths.”

While overall housing starts posted a 4.8percent decline to a seasonally adjusted annu-al rate of 708,000 units in May, all of thedecrease was on the more volatile multifami-ly side. Single-family starts rose 3.2 percentto 516,000 units as multifamily starts declined21.3 percent to 192,000 units.

Regionally, dips on the multifamily sidedrove down combined housing starts in all but theWest, which registered a 14.4 percent gain. TheNortheast, Midwest and South posted declines intotal housing starts of 20.3 percent, 13.3 percentand 6.1 percent, respectively.

However, strong gains in new permittingactivity for both single-family and multifamilyhomes drove the combined permitting number forMay up 7.9 percent to a seasonally adjusted annu-al rate of 780,000 units – the strongest pace sinceSeptember of 2008. Single-family permits wereup 4.0 percent to 494,000 units (best pace sinceMarch of 2010) while multifamily permits gained15.3 percent to 286,000 units.

Three out of four regions posted gains in

combined permit activity in May. The Midwest,South and West posted gains of 6.1 percent, 11.1percent and 10.5 percent, respectively, while theNortheast registered an 8.0 percent decline.

Builder confidence rises 5 pointsBuilder confidence in the market for newly built,single-family homes gained one point in June froma slightly revised level in the previous month to restat 29 on the National Association of HomeBuilders/Wells Fargo Housing Market Index(HMI), released today. This is the highest level theindex has attained since May of 2007.

“This month’s modest uptick in builder con-fidence comes on the heels of a four-point gain inMay and is reflective of the continued, gradualimprovement we are seeing in many individualhousing markets as more buyers decide to takeadvantage of today’s low prices and interestrates,” said Rutenberg.

“While the June HMI is inkeeping with our forecast forgradually improving single-fami-ly home sales this year, recenteconomic reports that have shownsome weakening in the pace ofrecovery likely factored into themarginal gain,” said Crowe. “Inaddition, builders across thecountry continue to report thatoverly tight lending conditionsand inaccurate appraisals aremajor obstacles to completingsales at this time.”

Derived from a monthly sur-vey that NAHB has been conduct-

ing for 25 years, the NAHB/Wells Fargo HousingMarket Index gauges builder perceptions of currentsingle-family home sales and sales expectations forthe next six months as “good,” “fair” or “poor.” Thesurvey also asks builders to rate traffic of prospec-tive buyers as “high to very high,” “average” or“low to very low.” Scores from each component arethen used to calculate a seasonally adjusted indexwhere any number over 50 indicates that morebuilders view conditions as good than poor.

In June, the HMI component measuring cur-rent sales conditions rose two points to 32, which isits highest level since April of 2007. Meanwhile,the components measuring sales expectations in thenext six months and traffic of prospective buyersheld unchanged at 34 and 23, respectively.

Regionally, the HMI results were mixed inJune, with two areas of the country postinggains and two posting declines. The Midwestregistered a five-point gain to 31 and the Westregistered a four-point gain to 33, while theNortheast and South each posted two-pointdeclines, to 29 and 26, respectively.

Single family housing starts,builder confidence on the rise


NEWS&INFO

Membership Mixer at the MarinaThe membership committee hosted a Sunset Membership Mixer June 14 at the Black Pearl Restaurant at BlackJack Cove Marina in Nashville. Hors d’oeuvres, beverages and an adventure on the high seas (Old Hickory Lake)with Membership Chairman Trey Lewis -- all thanks to our sponsors Grove PPark CConstruction and Regions MMortgage!

Right: TimFerguson, fromevent sponsorsRegions Mortgage,and Jody DDerrick. Below left: JoniWilson.Below right: PaigeParham.

Captain andMembership ChairmanTrey LLewis, Ole SouthProperties.


With the conclusion of the fourth round June 12, only one qualifying round remains on the2012 Piedmont Natural Gas Bass Trail Tournament.

Round four of the 2012 Piedmont Natural Gas Bass Trail FishingTournament was held Tuesday, June 12th on Kentucky Lake atMason’s Boat Dock. This leaves only the July 17th tournament at

Bull Creek Marina remaining before the Grand Finale in October.John Bornstein and David Gnewikow secured first place honors with an

impressive weigh-in totaling 23.12 lbs. The McKenzie Construction boat alsotook home the tournament’s “Big Fish Award” for a catch of 6.52 lbs.

With catches totaling 23.05 lbs., Tommy Fuson and Gary Singleton justmissed posting the top score of the day. The weigh-in easily netted theMorrison and Fuson boat the tournament’s second place honors.

Jonathan Caldwell and Phillip Caldwell of the Caldwell Constructionboat wrapped up third place with a weigh-in of 20.66 lbs.

And the Piedmont Natural Gas duo of Danny Barksdale and BillIngham took home fourth place honors with catches totaling 19.94 lbs.

A complete rundown of posted scores are listed on page eleven. Thescoreboard includes only those teams who chose to weigh-in.

Special thanks to tournament sponsors Piedmont Natural Gas. Our nexttournament is the last round of the year so register today! See page fifteen(15) for your registration form. Bornstein and Gnewikow with their First Place Trophies following the tournament.

One round to go! David GGnewikow and John BBornstein withcatches that helped them grab top honorsat the June 12 Bass Trail tournament.


Company/Boat Fishermen Wt Pts

McKenzie Construction John Bornstein & David Gnewikow 23.17 lbs. 100

Morrison & Fuson Tommy Fuson & Gary Singleton 23.05 lbs. 99

Caldwell Construction James Caldwell & Jonathan Caldwell 20.66 lbs. 98

Piedmont Natural Gas Danny Barksdale & Bill Ingham 19.94 lbs. 97

Piedmont Natural Gas Charlie Hooper & Jason Pernell 18.36 lbs. 96

Benchmark Construction Brian Choate & Nathan Vaughn 17.74 lbs. 95

Joe Haas Construction Joe Haas & Rusty Rust 17.36 lbs. 94

Piedmont Natural Gas Matt Brown & Enoch Gunter 14.97 lbs. 93

Triton Stone & Granite Trey Allen & Jim Ford 14.97 lbs. 93

Bob Kennedy Builders Bob Kennedy & Donnie Kennedy 14.81 lbs. 91

Spencer Mill Woodworks Bob Farris & Barry Welch 14.15 lbs. 90

Five Star Building Group Clayton Richardson & Steve Swainteck 14.05 lbs. 89

Piedmont Natural Gas Dennis Jenkins & Mark Reavis 13.73 lbs. 88

Five Star Building Group Jason King & JP King 12.59 lbs. 87

White Cap Jon Morrissey & Troy Weston 12.36 lbs. 86

Bob Kennedy Builders Jerry Deal & Kevin Tidwell 12.21 lbs. 85

Piedmont Natural Gas Jay Catigrani & David Francescon 11.99 lbs. 84

Building Solutions by Spann Todd Spann & Bill Terry 11.72 lbs. 83

Premier Concrete Pumping Chris Jenkins & Eric Johnson 11.19 lbs. 82

Piedmont Natural Gas Lamar Morgan & Joe Reese 9.77 lbs. 81

Piedmont Natural Gas Tommy Lynch & Scott Mrzena 9.40 lbs. 80

Piedmont Natural Gas Kevin Dennis & Jasper Hatcher 8.54 lbs. 79

Piedmont Natural Gas Jerry Bell & Rob Hall 3.98 lbs. 78

Second place winners Tommy FFuson and Gary SSingleton, Morrison and Fuson.

Phillip CCaldwell from the third place winning Caldwell Construction boat.

Fourth place winners Danny BBarksdale and Bill IIngham, Piedmont Natural Gas. Jonathan CCaldwell from the third place winning Caldwell Construction boat.


Eric JJohnson and Chris JJenkins, Premier Concrete Pumping. Clayton RRichardson and Barry SSwainteck, Five Star Building Group.

Rusty RRust and Joe Haas, Joe Haas Construction. Jim FFord, Triton Stone and Granite.

Nathan VVaughn, Benchmark Construction. Bob FFarris and Barry WWelch, Spencer Mill Woodworks.


SPIKE REPORT

Twenty-two SPIKES (in bold) increased theirrecruitment numbers last month. What is a SPIKE?SPIKES recruit new members and help the associa-tion retain members. Here is the latest SPIKE reportas of May 31, 2012.

Top 20 Big Spikes

Jim Ford 909Virgil Ray 813Bill King 776Mitzi Spann 605Jim Fischer 566Terry Cobb 561James Carbine 320Dan Stern 306Bruce Hancock 297John Whitaker 286Kevin Hale 283Jennifer Earnest 271Tonya Jones 271Bill Towe 262Reese Smith III 256Steve Moody 219Sonny Shackelford 209David Crane 186Michael Apple 185Cyril Evers 180

Life SpikesAnne McKnight 179Jackson Downey 171Jim McLean 163Louise Stark 163Davis Lamb 159Harry Johnson 146Steve Cates 140C.W. Bartlett 138Tonya Alexander 120Steve Hewlett 119Tim Ferguson 118Tom Kelley 115Johnny Watson 101Carmen Butner 97Bill Kottas 97Lee Santiago 95Dave McGowan 91Kim Dykes 89B.J. Hanson 82Randy Parker 75Erin Richardson 71Duane Vanhook 71Jeff Slusher 70John Baugh 68Sam Carbine 68Jordan Clark 67Don Bruce 62Jim Ford, Jr. 62Hill McAlister 57Joe Morgan 54Gerald Bucy 53John Broderick 51 Al Davis 47Sheila Rawlings 47Beth Sturm 47

Bernie Laine 46Greg Langley 46Benny Sullivan 46Kim Nichols 45Bryan Edwards 44David Hughes 44Andrew Neuman 44Kay Russell 44Peggy Krebs 38Chuck Clarkson 36Wiggs Thompson 36Brad Butler 35Andy Wyatt 35Al Hacker 34Trey Lewis 33David Lippe 33Ray Edwards 32Dan Strebel 32John Ganschow 30Steve Wheeley 30Alvin Basel 29Lori Fisk-Connors 29James Franks 28Matt Burnett 25

SpikesJess Dillon 16Tracy Lomax 14Eric DeBerry 12Christina Cunningham 12Marty Maitland 9Frank Tyree 9Kelvey Benward 7Ron Myers 7Pam Smith 7Don Mahone 6Bridget Thompson 6


JULY CALENDAR

CHAPTERS & COUNCILSCHAPTERS

CHEATHAM COUNTY CHAPTER Chapter President - Roy Miles: 615/646-3303Cheatham County Chapter details are currently being planned.Next meeting: to be announced.Topic: to be announced.Chapter RSVP Line: 615/377-9651, ext. 310

DICKSON COUNTY CHAPTERChapter President - Mark Denney: 615/446-2873. The Dickson County Chapter meets on the third Monday of themonth, 12:00 p.m. at the Ponderosa Restaurant in Dickson. Next meeting: Monday, August 20.Topic: to be announced.Price: FREE, lunch dutch treat.Chapter RSVP Line: 615/377-9651, ext. 307

MAURY COUNTY CHAPTER Maury County Chapter details are currently being planned.Next meeting: to be announced.Price*: to be announced.Chapter RSVP line: 615-377-9651, ext. 312; for callers outsidethe 615 area code, 1-800-571-9995, ext. 312

METRO/NASHVILLE CHAPTERChapter President - John Whitaker: 615/843-3300. The Metro/Nashville Chapter meets on the fourth Monday of themonth, 11:30 a.m. at the HBAMT offices.Next meeting: Monday, August 27.Topic: to be announced.Price*: to be announced.Chapter RSVP Line: 615/377-9651, ext. 304

ROBERTSON COUNTY CHAPTERNext meeting: to be announced.Topic: to be announced.Price*: to be announced.Robertson County RSVP line: 615-377-9651, ext. 313.

SUMNER COUNTY CHAPTER The Sumner County Chapter meets on the fourth Tuesday of themonth, 11:30 a.m. at the new Hendersonville Library. Next meeting: to be announced.Topic: to be announced.Price*: to be announced.Chapter RSVP Line: 615/377-9651, ext. 306

WILLIAMSON COUNTY CHAPTER Chapter President - BJ Hanson: 615/884-4935. The Williamson County Chapter meets on the third Tuesday of themonth, 11:30 a.m. at the HBAMT offices. Next meeting: to be announced.Topic: to be announced.Price*: to be announced.Chapter RSVP Line: 615/377-9651, ext. 305

WILSON COUNTY CHAPTER The Wilson County Chapter meets on the second Thursday of themonth, 11:30 a.m. at the Five Oaks Golf & Country Club in Lebanon.Next meeting: to be announced.Topic: to be announced.Price*: to be announced.Chapter RSVP Line: 615/377-9651, ext. 309

*Builders free pending sponsorship.

COUNCILS

CUSTOM BUILDERS COUNCIL Council President - Alan Looney: 615/309-8200.The CBC meets on the second Tuesday of the month, 11:30 a.m. atthe HBAMT offices. Next meeting: to be announced.Topic: to be announced.Price: to be announced.Council RSVP Line: 615/377-9651, ext. 311

GREEN BUILDING COUNCIL Council President - Erin Richardson: 615/883-8526. The Green Building Council meets on the fourth Wednesday of themonth, 11:00 a.m. at the HBAMT offices.Next meeting: Wednesday, August 22.Topic: to be announced. Price: free for Green Building Council members thanks to ourannual sponsors Trus Joist and E3 Innovate; $20 for non-memberswith RSVP ($25 w/o).Council RSVP Line: 615/377-9651, ext. 308

HBAMT REMODELERS COUNCIL Council President - Don Mahone. The HBAMT Remodelers Council meets on the third Wednesdayof the month, 11:00 a.m. at varying locations.Next meeting: Wednesday, August 15.Location: to be announced. Topic: to be announced.Price: free for RMC members with RSVP; $15 for non-memberswith RSVP ($20 w/o).Council RSVP Line: 615/377-9651, ext. 301

MIDDLE TENN SALES & MARKETING COUNCIL Council President - David Lippe. The SMC meets on the first Thursday of the month, 9:00 a.m. atthe HBAMT offices. Next meeting: Thursday, August 2.Topic: Guest speaker Randall Smith.Price: $15 for SMC members with RSVP ($20 w/o); $20 for non-members with RSVP ($25 w/o).Council RSVP Line: 615/377-9651, ext. 302.

SUNDAY MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY

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8 9 10 11 12 13 14

15 16 1177Bass Trail Tournament

Round 4

18 19 20 21

22 23 24 25 26 27 28

29 30 31 1 22Sales & Marketing

Council

3 4

5 6 7 8 9 10 11

COMPLETED


Documents

The Nail - July, 2012