The high-end custom home market continues to grow while new-home sales continue to decline. According to an article in USA TODAY last November, sales of homes priced above $5 million increased 11% last year.
In Las Vegas, those who attended the NAHB Custom Builder Symposium and home tour last year learned that sales of multi-million-dollar homes there were on the rise, as they were elsewhere in the country. Last year, 41 new homes that were priced at more than $3 million were sold in the Las Vegas area. In 2001, only one new home sold for more than that amount.
NAHB’s Custom Home Builders Committee (CHBC) caters to this growing high-end market.
“The CHBC is the forum for the truly custom builder whose every home is as unique as his or her customer,” said Dave Stormont, CHBC chairman and a custom builder in Kitty Hawk, N.C. “This is the committee dedicated to keeping the custom builder informed and on top of all the aspects of the business.”
During the 2007 International Builders’ Show in Orlando, the committee will make its initial presentation of the NAHB Custom Home Builder of the Year Award. In addition, the committee brings new revenue-producing partnerships to NAHB and celebrated near-record attendance at the 2006 Custom Builder symposium.
The committee will meet:
- 11:30 a.m.-2:30 p.m. Tuesday, Feb. 6, in the Orange County Convention Center
At the meeting, committee members will discuss the possibility of including a special home design focus to the 2007 Custom Builder Symposium in Naples, Fla. Oct. 26-28. The meeting is open to NAHB members.
To schedule the meeting, visit the committee meetings section on the International Builders' Show Web site, www.buildersshow.com, and use the "My Show Planner" tool.
Computer-Aided Design (CAD) Demonstration
Committee sponsor, SoftPlan Architectural Design Software, will be conducting a computer lab at IBS to demonstrate how SoftPlan’s computer-aided design and drafting solution can create floor plans, picture elevations, offer three-dimensional renderings and generate materials lists rapidly and easily.
Participants in the SoftPlan-sponsored computer lab will use the software to complete a hands-on project ― such as a pool house or garage. They will also get an overview of all of SoftPlan’s design tools and be given demo CDs. The lab:
To Register
To register for the computer course and more, visit educational seminars on the International Builders' Show Web site, www.buildersshow.com. Use the "My Show Planner" tool to register for specific courses.
For More Information
For more information about the Custom Home Builders Committee, e-mail Marcia Childs or Wil Heslop at NAHB.
NAHB Has Nearly 300 Resources to Help You Run Your Business More Profitably
Go to NAHB's Business Management Tools Web pages (available to members only) for instant access to nearly 300 timesaving, moneymaking and cost-cutting business resources to help you run your business more profitably. Get guidance on accounting and financial management, business strategy, computers and information technology, customer service, human resources and more.
Resources are added weekly, so bookmark www.nahb.org/biztools to go directly to these vital business management resources.
Local and state home builders associations can link directly to www.nahb.org/biztools from their Web site and give their members instant access to these resources. It will make your HBA's Web site the place to go for the information and guidance that members need to succeed.
NAHB Kit Gives Builders Back-to-Basics Tips in Cooling Market
With the current cooling of the nation’s housing market expected to persist into the middle of next year, NAHB has developed a comprehensive online toolkit geared to providing association members with information that will help them prosper in today’s changing business environment.
To access the “Back to Basics” toolkit, you must be an NAHB member and have a login to www.nahb.org. To create a login, go to www.nahb.org/login or click on the log-in button on the main menu bar.
For assistance, call the NAHB Member Service Center at 800-368-5242.
Subscribe to NAHB’s Business of Building e/Source
NAHB’s Business of Building e/Source is your monthly electronic guide to the hot issues and emerging trends in home building business management. You’ll find practical advice, tricks of the trade and sound business guidance — all delivered monthly, straight to your desktop, in a quick and easy-to-read format. Business of Building e/Source is available free to NAHB members and their employees.
To subscribe, visit www.nahb.org/BoB on the Members Only side of the NAHB Web site.
